The breakout is is met with strong resistance. With regional markets moving strongly, Singapore is likely to stay buoyant.
Barring any other factors, Singapore should do well in the near term.
Straits Times Index
Tag Archive for 'market round up'
A convincing breakout from the all time high! This means the the bull will be charging further. But for how far?
Keep a close watch. Buying more units.
Straits Times Index
Breakout from May’s previous high means STI is setting a new all time high.
6 years ago in 2000 when the STI hits the peak and collapse, no one at that point imagined it would recover. Looking back, it had been a rough ride. Still it is yet another vivid support of the strength and resiliance of the stock market in the long term.
Is this the end of the bull’s run or will the bull charge further?
Straits Times Index
A testing of the resistance at the previous high. A convincing breakout would renew the bull’s strength. With the US market going strong, chances are good for a continued rally.
Straits Times Index
STI is retesting the previous high of May06. The lower volume leading up to the peak this time round points to a possible double top.
A failure and consolidation is not a bad thing and presents an opportunity for longer term investor to accumulate. Something that I will be looking out for.
Straits Times Index
I recently came across ShareJunction and sign up for their service.
Each day, at the end of market, ShareJunction sends me a summary of the Singapore market including STI Index changes, Top Actives, Top Gainers, Top Losers.
I have not been actively trading shares but I find the summary useful to keep tab on the market pulse.
This service reminds me of ShareInvestor, yet another Singapore stock market information website. ShareInvestor started 5 years ago (if I remember correctly) and provided similar service, including individual forum discussion for each counter.
ShareInvestor later grew pretty success (my perception) but gradually lock up every bit of information that was initially provided free. I stopped visiting them when everything I clicked required me to sign up.
I do not blame ShareInvestor for trying to be profitable. However I was secretly hoping someone would take up the challenge and make investment information free again. So imagine my smile when I found ShareJunction.
My wish is that they can sustain on the ad driven model and continue to provide information freely. The way information should be.
If you invest in Singapore Stock Market, you will not be disappointed to give ShareJunction a visit.
No much progress since last week. Wait and see.
Straits Times Index
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