Dear readers, yesterday, the Singapore stocks markets, as measured by the Straits Times Index (STI) retreated in a noteworthy move by 1.54%! This southing was even more than the 1.2% decline registered on 28 Jun 21. I maintained my view that the Singapore Stocks market will retreat to the 2,600 mark (please revisit my previous post for more details).
Reiterating my view here, there are no positive catalysts for the global stocks markets including Singapore’s stocks markets right now. All we have are bearish indicators and news of Covid-19 and the ongoing developments.
Yesterday’s movement of the Singapore stocks markets highlighted that I was once again accurate that the Singapore stocks markets have become even more volatile. But whether I am correct or not in predicting the movement of the stocks markets every day is not important. What is important is that investors get it correct one big time and it will be sufficient.
That one time is when all investors are fleeing the stocks markets, leaving you, armed with your investment war chest, ready to pounce into the stocks markets and buy attractive stocks on the cheap.
If you are looking for all the reasons why stocks markets should correct or crash soon, there is one good website which you can look to. That website is none other than Epic Economist .
But be sure to have an open, discernign mind when reading or learning abut the points in the website, just like you read any other articles.
See You at the bottom of the stocks markets crash and together let’s us make monies!
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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