Dear readers, the US stocks markets rallied yesterday with the Dow Jones, S&P500 and NASDAQ rallying 5.20%, 6% and 6.23% respectively. Given such impressive showing from the US stocks markets overnight, investors may be lulled into thinking that Singapore stocks markets, being a price taker will similarly head north today.
Yes, investors were correctly for half of the trading session today as the Straits Times Index headed north. However, eventually, the gains were erased off towards the closing of the trading session and the Straits Times Index closed 1.18% lower at 2,425.62.
While many of the investors may be lulled into today’s showing of the Straits Times Index, here at SG Stocks Investing, Tom K’s investing strategy is crystal-clear. As shared many times with investors, the time to invest in the stocks markets is not now. Now is not the bottom or even one of the bottoms for the stocks markets where investing will reap the most profits.
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