Dear readers,
The past two weeks have been extremely hectic where I have raised my equity allocation from around 65% to 150%. What has caused me to raise my equity allocation?
Read on to find out more.
S&P500 Index
Two weeks ago, with reference to Chart 1 below, I mentioned the following on the S&P500:
a) I prefer the S&P500 to wait and observe whether S&P500 retreat and test the resistance turned support region 1,990 – 2,000 before moving higher;
–> S&P500 first hit around 2,021 on 12 & 13 Oct before it weakened to touch an intraday low of 1,991 on 14 Oct. This is in line with my preference. It subsequently moved higher (see point b below).
b) A possible double bottom formation may be in the making with the neckline at 2,021 but needs to observe whether there is a sustained break.
–> S&P500 broke the neckline 2,021 on 15 Oct 2015 and consolidated around 2,021 for four consecutive days. The intraday low for the four sessions was only 2,017. This was another positive development.
c) Considerable resistance can be seen at 2,031 and 2,040 – 2,045, especially the latter.
–> S&P500 moved up on the fifth session (i.e. 22 Oct) and breached the key resistances 2,031 and 2,040 – 2,045 in one powerful up-move. There was follow through buying on 23 Oct which saw S&P500 close at 2,075.
Looking ahead, I believe the downtrend which we see in Aug 2015 has reversed with the confirmation of the double bottom formation. The eventual measured technical target from this double bottom formation points to around 2,173. Do note that this is an eventual technical target and may not be attained soon.
In my opinion, S&P500 may move up a bit more and consolidate, as indicators such as RSI are approaching overbought levels soon. RSI closed at 67 last Fri. Nevertheless, it is likely that any retreat / consolidation is likely to be minor and unlikely to break below 2,021.
Near term supports: 2,070 / 2,052 / 2,040 – 2,045
Near term resistances are around 2,075 / 2,100 / 2,133 – 2,135
Chart 1: S&P500 formed a bullish double bottom formation
Source: CIMB chart as of 23 Oct 15
Hang Seng Index
Two weeks ago, I mentioned that Hang Seng seemed to have broken above a potential double bottom formation with an eventual measured technical target is around 23,820. I also wrote that to be prudent, it would be best for it to consolidate around 21,814 – 22,400 before staging its next up-move.
Hang Seng touched 22,357 on 14 Oct and jumped 2.0% higher on the next trading day. This was an indication of strength. Hang Seng closed 1.3% higher at 23,152 on last Fri.
Based on Chart 2 below, Hang Seng has formed a double bottom formation and an eventual measured technical target of around 23,820 remains valid. Indicators such as RSI and MACD are strengthening. RSI closed at 62.0 which is not overbought yet.
Near term supports: 22,870 / 22,625 / 21,814
Near term resistances: 23,445 / 23,864 / 24,050
Chart 2: Hang Seng – double bottom formation formed
Source: CIMB chart as of 23 Oct 15
STI Index
As mentioned two weeks ago, STI breached 2,929, negating the bearish tinge in this chart. STI consolidated above 2,960 between 12 – 15 Oct. From 16 Oct – 22 Oct, STI traded between 3,013 – 3,047 before gapping up on 23 Oct to close at 3,068.
With reference to Chart 3 below, 21D exponential moving average (“EMAs”) has started to turn up and may be able to form a golden cross with 50D EMA in the next few weeks. RSI closed at 67 on last Fri and is approaching overbought level. (Do note that even if RSI crosses above 70, it does not necessarily mean that it will drop). It just means that any near term potential gains may not be that much and fast. Nevertheless, any retreat should be arrested around the strong support levels of 2,960 – 2,975.
Near term supports: 3,047 / 3,035 / 2,992
Near term resistances: 3,086 / 3,119 / 3,153 – 3,156
Chart 3: STI may form a golden cross in the next few weeks
Source: CIMB chart as of 23 Oct 15
FTSE ST Small Cap Index (“FSTS”)
Previously, I wrote that FSTS seemed to have staged an upside breakout from an ascending triangle formation. An eventual measured technical target is around 452.
With the recent price action, the ascending triangle formation is confirmed with an eventual measured technical target of around 452. ADX has been strengthening since 6 Oct and closed at 28.4, indicative of a trend. RSI closed at 69, near overbought levels and is almost at a six month high. FSTS closed at 432 on last Fri.
In short, the trend is up but FSTS may see some resistance 437 – 440. (See Chart 4 below)
Near term supports are at 425 / 422 / 420
Near term resistances are at 437 / 440 / 448
Chart 4: FSTS continues to climb
Source: CIMB chart as of 23 Oct 15
Conclusion
In a nutshell, it is fair to say that the above charts are in an uptrend but approaching overbought levels. Nevertheless any retreat is likely to be mild and temporary.
I have shared my increase in equity allocation and my bullish outlook to some of my clients over the course of last week, especially after S&P500’s chart developments. In addition, I have accumulated other stocks on weakness to punt ahead of their 3Q results thus raising my equity allocation to around 150%. For those who wish to be informed of the latest corporate 3Q results calendar, they can sign up on my website signup list at http://ernest15percent.com.
During this 3Q results period, I may adjust my equity allocation by taking profit and buying other stocks but I am unlikely to exceed 200% invested. Most probably, I am likely to trim my equity allocation to <100% by around mid Nov as I am leaving for holidays in Dec where I will not be able to monitor my positions.
As mentioned previously, readers who wish to be notified of my write-ups and / or informative emails, they can consider to sign up at http://ernest15percent.com so as to be included in my mailing list. However, this reader’s mailing list has a one or two day lag time as I will (naturally) send information (more information, more emails and more details) to my clients first. For readers who wish to enquire on being my client, they can consider to leave their contacts here http://ernest15percent.com/index.php/about-me/
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If you’re an athlete, similar to a baseball
participant or Olympic weightlifter, these two actions should be a
staple in your workout program. Even if you just use them to warm up, you’ll be doing all
of your shoulders a favor. The fewer accidents you maintain, the better, so don’t miss out
on these key exercises. Every Time there’s a shoulder damage, oftentimes, the a half of the rotator cuff will get torn and weakened.
Exterior rotation workout routines are a key element of shoulder rehabilitation applications.
You’ll additionally notice that I’m specializing in the person heads of the
deltoids. We’re starting with the entrance, then going to the medial delt with a lateral raise movement and then ending
robust with the rear delt muscular tissues. What’s the difference between a single and dual pulley workout?
When performing these waves you probably can select to make
use of your decrease physique more or your upper body more.
I typically use the vertical waves to apply lower body hinging or squatting energy output.
The V-waves are good for growing massive higher again energy.
Huge again energy helps me look good and really feel good all summer time long.
However significantly, the front delt, entice,
rhomboid, and teres combo is unbelievable for posture and measurement additions.
Clients recognize the product’s vary of movement and suppleness.
They discover it easy to set up and use, offering good shoulder movement and stretching.
For the higher again select exercises like wide grip rows, single-arm bent over rows and cable
shrugs. Cable back exercises may be accomplished easier
with out jerky movements. The straight arm lat pulldown train provides a
deep stretch within the lats and shoulders, which is why it makes the list of best cable back workout routines.
They maintain constant rigidity on the muscle, have simply adjustable angles, assist improve quantity, and are sometimes a safer possibility than free weights.
Make certain you’re doing pressdowns, overhead extensions, and
single-arm work. Not a ton of setup needs to be carried out sometimes, and also you
don’t need to select up something heavy.
And yet, in another EMG research, with just one subject (the researcher), the guillotine nonetheless ranked forward
of the CLOSE-GRIP BENCH PRESS for triceps stimulation. As that examine confirmed, both presses are principally chest workout routines.
The main benefit of presses is progressive overload, which means you’ll find a way to carry heavier steel than with
other tri workout routines. In addition, research have proven that the posterior deltoid was more activated during
the bent-over lateral elevate and reverse fly exercises. Not Like dumbbell
raises, where the resistance varies through the carry, the
cable pulley affords a uniform resistance throughout the movement.
This exercise works the small muscle tissue of the rear deltoid via a full
range. Prospects have blended opinions concerning the resistance stage
of the exercise bands.
The cable machine is your greatest software to shredding those shoulder
muscles and building real power and power. If you might be doing a HIIT exercise with
battle ropes, a standard exercise size is round
5-15 minutes, but can be as a lot as 20 minutes. If you’re doing a finisher,
then 2-10 minutes is an efficient length.
When folks take into consideration huge arms, they sometimes consider building
the biceps – the muscle on the entrance of the higher arms.
However your triceps, immediately reverse the biceps, actually make up about 60% of the muscle fiber of the upper arm.
As a private trainer, I’ve noticed that the triceps are often undertrained on my clients.
Follow the train to deal with the entrance part of the shoulder whereas adding cable shoulder exercises to your routine.
It not solely enhances shoulder stability and energy but also contributes to improved posture and overall
upper physique aesthetics. By sustaining correct type and control all through the movement, you can maximize the advantages of
this versatile exercise while minimizing the danger of damage.
Perfect for isolation exercises, cable shoulder workout routines
are excellent for beginners due to their managed and stable resistance.
These movements present a safer various to free weights and may be
easily adjusted to accommodate different health ranges.
Every pull and lift against the cable’s resistance intensifies muscle engagement, notably
helpful for targeting tough-to-reach areas like the rear
delts and rotator cuff. The steady problem from cables means more than simply muscle;
it also promotes better form and management, making them safer than free weights.
Well, enter the TRX suspension trainer—a whole game-changer when it comes to sculpting
and strengthening those upper physique muscle tissue. In this information, we’re diving into
eight innovative TRX shoulder exercises that not solely deliver the burn but additionally make your shoulder exercises one thing to
sit up for. The battle ropes are an excellent tool for
loosening up the pecs, shoulders, traps,
and upper back.
This isn’t a corrective train so that you don’t need to be
limp with the cable. The first one will help you reinforce
the rotator cuff as the motive force of the train. You do not want
your elbow beating your hand because it creates inside rotation with elevation of the shoulders but again. If I
as a substitute use a higher anchor level for this train, once I pull again I’m concentrically pulling into
exterior rotation.
If you discovered this text helpful then please share it with your folks and relatives.
Also, strive all of those workout routines talked
about above and share your ideas in the comment part below.
Pause on the end and then return back to the beginning position. Seize the
best aspect of the cable together with your left hand and the left cable together with your right hand.
The ropes are lengthy and even the shortest choice available will need 15 ft of open area to accommodate your gear.
There are plenty of variations and progressions that will hold you from becoming bored on the health club and even if you
do the exercise in your yard. This piece of workout equipment has turn out to be popular lately nevertheless
it hasn’t been a staple of exercise packages almost so long as other gear.
Now, don’t ignore greater rep ranges, particularly if you’re seeking to improve muscular endurance.
It’s straightforward to let different muscular tissues leap in and take over however keep the
focus on the shoulders. This mind-muscle connection is essential for maximizing
positive aspects. If you’re aiming for muscle
development – and let’s be honest, who isn’t?
As the name suggests, you’ll find the anterior deltoids on the front of
your shoulder, contributing to the rounded contour of the muscle.
This exercise focuses on pulling energy and energy and likewise will increase grip energy.
Heather Jacques is a former collegiate athlete that graduated from Grand
Valley State College with a Bachelor of Science in Athletic Training.
Cable machines are notably nice for shoulder growth since they
increase the stability of the shoulder joint in addition to size,
form, and strength. There are quite a lot of totally
different fitness center rope workouts that can be efficient
and enjoyable to do. Battle ropes are a troublesome exercise to do for
an extended amount of time at a decrease intensity. To start, the
exerciser will begin ready able to squat with some slack in the ropes.
Then they will begin transferring the arms
like within the unilateral waves exercise while additionally taking place into a squat.
To carry out the ability slam, the exerciser will elevate their arms to head level and slam the rope down between their legs.
The rope shoulder workout prompts these muscles with each rope movement.
Train will assist with tissue restore and permit you to get back to your regular activities.
Maintain your shoulders and another tense muscle tissue in your physique relaxed and launched as you
carry out these exercises. For both short- and long-term advantages,
however, a gradual return to common activity is your greatest option to
comply with after a shoulder situation.
Jeff Cavaliere is a Bodily Therapist, Energy Coach and creator of the ATHLEAN-X Coaching Applications and ATHLEAN-Rx Supplements.
His programs produce “next level” achievements in muscle size, energy and performance for
professional athletes and anyone seeking to build a muscular athletic physique.
Nevertheless, they do offer some advantages to the rear deltoids and the overall shoulder region, especially in stabilizing and controlling the movement.
Lastly, for the posterior deltoids (rear delts), I’d suggest Face Pulls and Overhead Press Face Pulls.
The weight load you select should permit you to carry out each train via its full vary without compromising type.
This is where you presumably can really benefit from the cables to hit the muscle tissue successfully.
Make sure your hips stay underneath your
shoulders for this kneeling variation, you do not want to
have your hips pushed too far forwards. Due to the
a considerable amount of steadiness required for this
train, ensure you are utilizing you core to help! The ez barbell is a good option for this train as it might possibly help to minimise stress placed on the wrist joints by keeping them in a more
impartial position. Nevertheless, it may additionally be executed
using a few resistance bands which could
be anchored to the underside of a door. If you don’t have a pair of dumbbells at hand you can use a band as an alternative.
You’ll discover both exercises obtainable free of charge in our exercise tracker.
As you deliver your arms right down to your sides, your hands should NOT touch your body.
There must be some house between your arms and your hips.
Coming out at this slight angle will enhance the activation of each your medial and lateral heads.
At first glance, this train appears pretty much like the Bent Over Cable Tricep Pressdown.
They say it helps improve vary of motion after rotator cuff injuries and is among the greatest gadgets to
use. In order to correctly goal your rotator cuff and not flip the
movement right into a bastardized row or shrug
you need to make certain that the anchor level is positioned above your head.
You can see that once I get up into full extension, now I get an additional 20 levels of exterior rotation. By turning and rotating out you’re
getting the external rotation of the shoulder to hit the
rotator cuff which by no means will get labored in most conventional training packages.
Focus on maintaining proper form and management throughout each train, rather than simply lifting heavy weights.
Use a weight that allows you to complete the recommended units and
reps with good technique. Transitioning from the Cable Rear Delt Row
(with rope) to the Cable One Arm Lateral Increase, this train emphasizes sculpting and defining
the lateral deltoid.
There are many workouts to select from, however consider starting with the following eight trainer-suggested moves.
Your objective is to beat this ‘score’ each time you tackle the shoulder-burning challenge.
This selection ensures you don’t get bored together with your workouts.
You can modify the peak, change the handles, and transfer in all types
of directions. Cable machines are constructed for multipurpose use, which means you
can do a complete bunch of various exercises with just one piece of
equipment.
Battle ropes are an extremely efficient and versatile
complete physique training software. Battle rope workouts could be tailor-made to endurance training, energy coaching,
explosive training, and hypertrophy coaching.
Furthermore, they are completely incredible for fat loss as battle ropes elevate the guts price up excessive, and quick.
Nonetheless, this vary permits for a combination of muscle endurance and metabolic stress that contributes to extra
complete arm growth. If you’re in search of beginner-friendly and
versatile cable arm workouts, then the cable bicep curl
is a good selection. Firstly, you probably can select between either a straight bar attachment or an EZ-curl bar to make it more comfortable.
Additionally, it effectively targets the bicep muscular
tissues for stronger and extra toned upper arms. Guarantee to incorporate the cable overhead extension exercise (at
least 6 to 25 sets) in your weekly exercise routine to see a notable change
in your triceps muscular tissues. Goal for two to 5 sets of
5 to 10 reps with heavy weights and the same number of sets with 20 to 30 reps for lighter weights.
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