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And the Singapore market continues to defy gravity pushed on by good results and signs of economy recovery around the world.
I’m smiling because I started to accumulate back in March. Look at how much it had climb!
Does the rally still have steam? Some correction is expected so it is a good time to take some profit off the table and enjoy the fruits.
Cheers!
Straits Times Index
Chart from Yahoo Finance
Singapore market raise last week. Expect resistance at 2400.
Straits Times Index
Chart from Yahoo Finance
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
Singapore market ended just shy of 2400 last week, damping 3 continuous week of gain. Recovery looks to be well underway although bouts of profit taking are bound to occur.
Prepare to ride higher.
Straits Times Index
Chart from Yahoo Finance
Singapore Market ended last week just short of 2400. Although the market end week-on-week a positive gain, the market was undecided throughout the week. A slight dip in the market could be expected this week as those that had gained over the last 3 weeks take money off the table.
Over all the recover is still ontrack and this could be a point to add more to the portfolio as the market retreat and regroup before further advancing.
Straits Times Index
Chart from Yahoo Finance
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