Singapore market came tumbling down last week amids reports and indicators that the worst is yet to come. The market has rallied almost 1000 points since March. This is a time to take some gain off the table and wait for an opportune time to enter again. Enjoy the summer.
Straits Times Index
Chart from Yahoo Finance
The US market went up following on good , down then up, but still ending last week down week on week as energy led the losses. Concern on Obama’s financial market reform weights on financial stocks.
NASDAQ Composite, Dow Jones Industrial Average, S&P 500
Chart from Yahoo Finance
Shanghai Composite, Shenzhen A
Chart from Yahoo Finance
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