Search
  • whatsyourtradingangle

What a 1st Half 2020! A WYTA retrospective



On Monday 29 Jun 2020 8.33pm, I emailed Clients my latest post titled 'What a 1st Half 2020! A WYTA retrospective'.


Below is the full transcript of my write up:


'Dear Clients


Even just half way through 2020, I've to admit it has been a tumultuous and incredible 6 months for me.

'Tumultuous' as we witnessed raging bushfires, covid19, global lockdowns, negative oil, US civil protests, global reopenings, YNWA all in a span of 182 days!

'Incredible' as I continued my business direction into engaging UHNWI & Family Offices as well as dipping my toes into pe. Saying that, it is likely the aspiration of penning my first book will be pushed into 2021!


This evening I'll take an opportunity to look back at my WYTA (whatsyourtradingangle) writeups of the last 6+ months - a retrospective view if you will:


1. On Market Analysis

Of special mention was the post titled 'Thank you Mark Gor!' on 23 Dec 2019 which I wrote then:

'Oh by the way, penning this week's post about why markets' rallying does not mean I have changed my perspective that the US markets likely still need to see the pullback I've been anticipating. The initial depth, momentum & support of the pullback will likely determine whether I will get that 30% meltdown into SPX2200 (most bearish scenario) or not.'


Unless you are living under a rock (or if you are not following me!), the S&P500 Index (SPX) fell from grace at its zenith 3393 on 19 Feb to its nadir 2192 on 23 March 2020 for a nasty 35% drawdown!


Make no mistake, the feeling I've when Mr Market obliges your view is simply on cloud nine!

(Reference - www.facebook.com/whatsyourTA/posts/795128070951708)


2. On Awards & Endorsements

Now the 2nd writeup was actually one that I posted in various of my social media channels but didn't have the opportunity to update my Clients due to the hectic Q2 conditions:


In our annual company D&D on 15 Jan 2020, I am very honored to be endorsed by PhillipCapital as a Key Opinion Leader (KOL) in Market Analysis as well as a Branding Champion in Social Media Marketing! Pls click here to find out more - www.thom-ng.com/cmt.


Thank you Chairman Mr Lim Hua Min & PhillipCapital once again for the confidence & vision you have in me!

(Reference - www.facebook.com/whatsyourTA/posts/833920117072503)


3. On that 'only financial asset that isn’t someone else’s liability' - Gold

In my 4 Nov 2019 writeup, I said,

'Looking ahead, Gold price has now formed a bullish Descending Wedge Pattern that usually resolves to the upside. My original pattern implied target from the 18 Jun 2019 post remains at 1700. Pls see also attached whatsapp broadcasts to ThomasBCP Group (image 1) as well as my opinions to my other Clients to 'Hold the Fort' in Gold (image 2 & 3).'


As of Friday 26 Jun, Gold closed 1769.90 and is up +17% while SPX is down -1.9% over the same said period. I rest my case.

(Reference - www.facebook.com/whatsyourTA/posts/753910408406808)


4. Ending note

The next 6 months will likely again be tumultuous but exciting no less. As I peer forward with my 42 global charts, Clients pls feel free to drop me a line to pick my brains for the trio outlook of Stocks/Gold/USD, their inter-market relationships and how it may influence individual stocks selection.


As usual, Live Long & Trade Well!


Thank you & regards


Thomas Ng, CMT

Principal Trading Representative

首席股票经纪

www.thom-ng.com


#PhillipCapital45 #POEMS #globalreach #asianinsights #thom-ng.com #whatsyourtradingangle

#keyopinionleader #KOL #marketstrategist #brandningexcellence #personalbranding #smartbranding #socialmediamarketing #ifyouarenotabrand #youareacommodity

#CMT #premiumstockbroker #markgor #spx28jun20 #spxbroadeningpattern28jun20 #gold28jun20 #gravytrain28jun20


42 views

Let's Talk.

PhillipCapital
250 North Bridge Road
Raffles City Tower #06-00
Singapore 179101

Email: thomasng@phillip.com.sg

  • LinkedIn
  • Facebook
  • White Instagram Icon

*By providing us your personal data (i.e. name, email address and phone number), you acknowledge and consent to our collection of your personal data for the purposes listed below:

  • Sending you marketing, advertising or promotional materials related to the content of this website, whether by call, text or email;

  • Provision of products & services which you have requested for.

Please note that you are entitled to withdraw your consent for the collection of your personal data at any point in time by providing a notification to thomasng@phillip.com.sg.

 

The information contained in this website is provided to you for general information/circulation only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.

 

You should seek advice from a financial adviser regarding the suitability of the investment products mentioned, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to purchase the investment product. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest.

 

Any views, opinions, references or other statements or facts provided in this website are personal views. No liability is accepted for any direct/indirect or any other damages of any kind arising from or in connection with your reliance on the information provided herein.

 

© 2018 by Thom Ng. Proudly created with Wix.com