Dear readers, the positive developments in the US-China trade talks have rallied US stocks markets with the three US stock indices in Dow Jones, Nasdaq and S&P closing higher by more than 1% last Friday. I believe the bullish sentiments experienced by the US stocks will spill over to the Singapore stocks markets when the markets open Monday 14 October 2019.
And I expect the bullish sentiments on the Singapore stocks markets to be a moderate one and not an outrightly one since there are still dynamics in the US-China trade talks to be settled and not forgetting that there are other agenda on the macro stocks markets front which will shape stocks markets.
As such, as a sharing, do be cautious on taking up new positions in the stocks markets. My take is for new positions to be entered in tranches if investors still want to leverage on the current low prices of some stocks here. And to continue to build up a “war chest” for the next stocks markets corrections when the corrections happen.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! I also run another blog Singapore Stocks Investing with similar useful insights! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!