The Singapore market spent the most of last week going south as bad news, especially of the financial market, continued to stream in from the US. All eyes will be on the Singapore Budget and the Obama inauguration this week.
Will there be a rally before the Chinese New Year?
Straits Times Index
Chart from Yahoo Finance
The Korean market, compared to other asian markets, is in an uptrend channel as compared to a downtrend or sideway channel.
Those investing in unit trust or funds might want to accumulate or add to portfolio some Korean funds at this point.
KOSPI Composite Index
Chart from Yahoo Finance
NASDAQ Composite, Dow Jones Industrial Average, S&P 500
Chart from Yahoo Finance
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