New highs in September.

I just did a blog stats update in August and was planning to do another update in December which would make my updates thrice yearly.  However, September's numbers surprised me so much on the upside that I just have to blog about it.  Numbers improved and made new highs in all three categories. In September, my blog registered 38,987 page loads, 22,712 unique visitors and 11,841 returning visitors.

On top of these numbers, Alexa reported that readers are spending a lot more time reading my blog. This is a happy development as it probably means that I have readers who are combing my blog for older posts on subjects which interest them.  A summary from Alexa says:

Singaporeanstocksinvestor.blogspot.com has a three-month global Alexa traffic rank of 702,778. Visitors to it view an average of 2.7 unique pages per day. The fraction of visits to the site referred by search engines is approximately 2%. 

Singaporeanstocksinvestor.blogspot.com has attained a traffic rank of 2,437 among users in Singapore, where almost all its audience is located. Visitors to the site spend approximately two minutes on each pageview and a total of nine minutes on the site during each visit.

To everyone who has made my blog as popular as it is today, a big "THANK YOU". :-)

Related posts:
Blog statistics: January to August 2010.
Alexa (Part 2).

Genting SP: A strong rebound.

STI increases 1.1% to 3,130.90 at closing. The measure advanced 1.2% this week, its sixth weekly gain. Three stocks rose for each that fell on the 30-member gauge.
Friday, 01 October 2010

© 2010 - The Edge Singapore

Together with the STI's stellar performance, Genting SP staged a strong rebound.  The MACD histogram turned green, a buy signal but the rise in price was not accompanied by heavy volume.  This suggests that price rebounded on short covering and that it rose because of a lack of sellers and not because of an abundance of buyers.

This rebound was probably a good chance for bulls to reduce exposure. Personally, I feel that a resumption of a downward movement towards the 50dMA is likely and that further upside could be capped by the 38.2% Fibo line at $2.05. However, with an upgrade by OCBC, I wonder which way it would go.  It is a grand tug of war between research houses.

Genting up on short-covering, OCBC upgrade
Friday, 01 October 2010

© 2010 - The Edge Singapore