🐳 WhalePool Traders Journal
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Bad trading habits make trading like gambling. This channel is for proactive and decerning investors and traders
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OCBC Q2 profit rises 22% to S$2.22 billion, beating expectations

The earnings beat the S$1.91 billion consensus forecast in a Bloomberg survey of five analysts. OCBC declared an interim dividend of S$0.47 a share, up from S$0.41 a share the year before.

https://bt.sg/hs3p
No B.S. Just Charts.

The S&P 500 just broke out above a descending trend line, and Gareth #Soloway, Chief Market Strategist at Verified Investing, walks through exactly where the market is headed next based on probability via the charts. In this session, Gareth breaks down the parallel channel the market has been stuck in since the 2020 COVID lows, the bull flag that just resolved to the upside, and the first major resistance level traders need to monitor near 7,830 (a level he thinks could get hit as early as next week).

Gareth then runs a crash course in trend line reading, showing why not every trend line break turns him bearish, and where a real breakdown would open the door to selling all the way down toward 7,000 and a possible gap fill. From there he moves to the NASDAQ (QQQ), where relative strength held up despite the drops in the semis off Sandisk and Western Digital earnings, and he maps the multi-factor resistance zone stacking a gap fill, a pivot high, and the 88.6% Fibonacci retrace.

Gareth also covers Microsoft's gap fill near 507, and a textbook topping tail reversal signal on Alphabet, teaching the full candle criteria along the way. This is the breadcrumb approach to reading a chart: let the market tell you the most likely outcome.

https://youtu.be/xZkT0aOIafE?is=lH0Xcvk6Cj22QHC8
UOB Q2 profit rises 10% to S$1.48 billion, edging past estimates

The lender declared a dividend of S$0.88 per share for the period.

https://bt.sg/k6mHj
🇸🇬🎆 No NDP tickets? Here's our guide to the best (free) National Day fireworks viewing spots around Kallang so you can plan your evening family picnic: https://cna.asia/4fGF0vj
🇸🇬 PSA – Heading to NDP or driving near the National Stadium on Sunday? Take note of these road closures; if you're going to the parade, expect heavy crowds and security checks: https://cna.asia/3TETfs0
#HKMarketUpdate
<Full-day Takeaway>HSI Closes at 25,668, Up 137 pts; HSTI Closes at 4,858, Up 37 pts; WUXI BIO Up over 10%; WUXI BIO, LENOVO GROUP, WUXI APPTEC, GENSCRIPT BIO, PACIFIC BASIN Hit New Highs; Market Turnover Rises
2026/08/07 16:12 GMT+08

At close, HSI rose 137 pts or 0.5% to 25,668. HSTI rose 37 pts or 0.8% to 4,858. HSCEI gained 32 pts or 0.4% to 8,531. Market turnover reached $259.69 billion.

https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1537158/top-news/AAFN
#HKMarketUpdate
<H Shrs>HSI Reverts Up 137 Pts for Day as WUXI Series Surge, Z.AI Leaps 14%+, AIA Rebounds
2026/08/07 16:40 GMT+08

This morning (7th), the HSI opened down 3 points before turning north. It closed at 25,668, up 137 points or 0.54%, with full-day turnover reaching HKD259.686 billion. The HSCEI ended at 8,531, up 32 points or 0.39%, while the HSTECH closed at 4,858, up 37 points or 0.78%.

https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1537167/top-news/AAFN
Singapore stocks end higher, led by Yangzijiang Shipbuilding; STI up 1.1%


Singapore stocks ended higher on Friday (Aug 7).

The benchmark Straits Times Index (STI) gained 1.1 per cent or 59.44 points to finish at 5,698.43.

Yangzijiang Shipbuilding : BS6 +6.6% led the gainers on Singapore’s blue-chip index, rising 6.6 per cent or S$0.26 to S$4.20.

The worst performer among STI constituents was CapitaLand Investment : 9CI -2.18%, which fell 2.2 per cent or S$0.06 to S$2.69.

The three local banks ended mixed on Friday. DBS : D05 +1.66% rose 1.7 per cent or S$1.25 to S$76.33 and OCBC : O39 +3.31% was up 3.3 per cent or S$0.97 at S$30.30. Meanwhile, UOB : U11 -0.64% finished 0.6 per cent or S$0.28 lower at S$43.30...

Across the broader market, gainers outnumbered losers 294 to 267, after one billion securities worth S$2.6 billion changed hands.

Yangzijiang Shipbuilding was the most actively traded stock on the STI with 53.2 million shares changing hands. DBS was the most actively traded stock in terms of value, with a volume of 6.8 million shares and a value of S$515.5 million.
Key regional indices were mixed. Hong Kong’s Hang Seng Index gained 0.5 per cent, while Japan’s Nikkei 225 fell 0.1 per cent, South Korea’s Kospi was down 0.6 per cent and the FTSE Bursa Malaysia KLCI declined 0.1 per cent.


https://www.businesstimes.com.sg/companies-markets/singapore-stocks-end-higher-led-yangzijiang-shipbuilding-sti-1-1
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