Dear readers, as I have predicted, the 2,500 level of the Straits Times Index seems a pretty good support level with the Straits Times Index inching up the 2,500 mark for two consecutive days after the Index went below the 2,500 level for the first time in several months on Monday 3 Aug 2020. The
Of STRAITS TIMES INDEX, DBS STOCK, SINGAPORE STOCKS MARKETS CORRECTING 30% NEXT? Read More »
Dear readers, the Straits Times Index (STI) finally crossed below the 2,500 mark yesterday! The STI closed at 2,484.91 in yesterday’s session and I must tell you I am not surprised that STI has crossed below 2,500! The reason is simple. I have been sharing many times in my blog recently that 2,500 mark for
STRAITS TIMES INDEX (STI) FINALLY CROSS BELOW 2,500! WHAT’S NEXT? Read More »
Dear readers, if you are investing in Singapore stocks for dividends, I believe this strategy is likely to be risky in a post-Covid stock environment. In this current stocks markets backdrop, businesses of many sectors have faltered and it is very likely that the dividend streams of many stocks are likely to be cut or
Dear readers, will the Straits Times Index (STI) correct to 1,700 in the next stocks markets meltdown? Already, the STI is now at 2,529.82; just a few notches above the 2,500 near-term support that I have set for the STI. Hence, 1,700 as a Straits Times Index performance is about 800 points down the current
WILL STRAITS TIMES INDEX (STI) CORRECT TO 600 IN NEXT STOCKS MARKETS MELTDOWN? Read More »
Dear readers, the Straits Times Index (STI) retreated by 1.70% in yesterday’s session to end the trading day at 2,529.82. I have been sharing with readers over the past few weeks (when the STI was still trading between 2,600 to 2,700) that in no time, the Straits Times Index will soon reach 2,500 as a
Dear readers, against the current economic backdrop, where should investors put their monies now? In the stocks markets? Well, given the volatilities that investors are seeing now, I do not think it is a wise idea. Upside gains are really limited. And there are more downside catalysts than any upside catalysts. I have a short-term
Dear readers, Singapore Straits Times Index (STI) retreated by 1.33% yesterday. To me, the showing of the STI yesterday was significant from the technical chart of the Straits Times Index. From the technical chart, the 1% southing of the STI on 7 Jul 2020 marked the turn of the STI into a likely downtrend. We
SINGAPORE STRAITS TIMES INDEX: AN IMPORTANT UPDATE! Read More »
Dear readers, it was reported yesterday that Singapore is in a technical recession after the economy contracted 41.2% in the second quarter from the first quarter. Obviously, the decline was attributed by Covid-19. With Singapore in a technical recession, what is next for Singapore stocks? First, let me just highlight that in the last recession
SINGAPORE IN TECHNICAL RECESSION: WHY SINGAPORE STOCKS COULD CORRECT BY 35% TO 75% NEXT! Read More »
Dear readers, these few days I have been super busy at work. Managing challenging assignments, each with urgent and mission-critical timelines, all tossed to me at the same time. Having lengthy meetings and discussion with the top bosses. All these did exert some strain to me mentally. But I always have the belief that I
Dear readers, Singapore stocks markets have been inching up in the previous few sessions. These may seem tempting to some investors who would think now is the right time to enter the Singapore stocks markets. But I would think right now, it is rather a very confusing time for the global stocks markets in general.