Dear readers, a Happy Labour Day to All of you! How time flies, we are already into May 2021. And just as we thought that our country is on track to defeating Covid-19 on our island, the number of community cases in Singapore seem to be increasing in recent days. I hope everyone of you here take good care of your health too! Stay healthy and Stay Strong!
Every time when it comes to May, the saying “Sell in May and Go Away” for some investors will come to mind. How true the saying is, is up to the believers and critics. I do believe there is some form of historical justification to show stock markets generally trend down in May though past is definitely not a good indication of the present and the future.
Singapore stocks, along with other overseas stock markets have done decently well year-to-date. But I would think that markets are just chugging along without any sustainable strong catalysts. On the converse, there seem to be hidden market lurking around. And all it takes is for these risks to surface and shatter the confidence of investors.
Hence, my opinion for the stocks markets is the same as half a year ago: always be prepared for any volatilities in the stock markets that could just strike anytime. Continue to build up your investment war chest to take opportunities in the stock markets when every investor is fleeing!
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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