Market Comments: 

 

The stock market struggled today but finally held above the water at end of today as I predicted early this morning. Today's readings were higher in SP-500 and Nasdaq but not Dow Jones Industrial average (DJIA). It is pretty tricky in market reading per say. We expect market could have a few days to pull back till mid of December according to our newly developed intra-day market timing software. We are really proud the superb results derived from the software. Now we are able to inform you the market direction in hours, days and weeks. There is no such comparable market timing product available in the market as we know. We are way ahead of our peers. Today's final positive market reading was due to an upbeat assessment of the economy from the Federal Reserve offset drops in banks and energy companies. Most stocks finished higher after the Fed said regional economic activity has generally improved since its last snapshot in October. The central bank said consumers have increased spending even as employment and commercial real estate remain weak. But a mixed reading on the labor market kept trading subdued during most of this morning. The ADP National Employment Report said private companies cut 169,000 jobs in November, fewer than in October but worse than the 160,000 cuts expected by economists. It was the eighth monthly drop. Investors are focused on the job market, which remains weak despite signs of life in manufacturing, housing and other parts of the economy. We should watch the Friday's non-farming payrolls data. I expect the data could less desirable and cause the market derail in a short term. We have to mention the outlook of roaring gold price. Now it is over $1,224/OZ. Lots of so-called experts predict gold price could go up to $1,500 to $5,000/oz. We are kind of doubt it will happen. We expect the outcome of gold price at near term could be a big disappointment to most of speculators. Finally we would think Airlines sector and China concept sector could be emerged as new leadership of market. There is not much to worry about the overall market even Yuen's market signal lowers to Yellow Light but it is quite safe anyway. We expect overall market could be much stronger after pulling back. We are going to have a Santa rally and the rally could go into 1st quarter of next year. Buy stocks at dip and sell them at pop as ultra short term swing trade(USTST) technique suggested. Go!Go! Go! Let us print the money as much as we want. hahaha 

 

 

SmartHeat, Inc.(Heat,15.90)  engages in the manufacture and sale of plate heat exchangers (PHEs) and packages, thermometer testing devices, and heat usage calculators in the People's Republic of China. Its 2009 and 2010 EPS is estimated at $0.63 and $0.74 respectively. It means a increase of 117% and 17% from prior year. It will benefit from China government cleans its air act. Buy it at near $15,Sell it at $19-20 and Stop loss at $14.50 (Warning, You need a strong heart to play China stocks but they are with a great profit potential).

Continental Airlines, Inc., (CAL,15.70) an air carrier, engages in the transportation of passengers, cargo, and mail. As of December 31, 2008, the company owned or leased 350 mainline jets and 282 regional aircraft. It flew to 120 domestic and 121 international destinations, as well as offered additional connecting service through alliances with domestic and foreign carriers. Its operations are improving. It will make profit of $1.35 / share against the loss of -$2.90 /share in 2010. CAL is the best run company in the airlines business and It could be a great story of turn-around company history. Morgan Stanley just upgraded the whole airlines sector of the market today. Buy it at near $15, Sell it at $19-20 and Stop loss at $14.50

 

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