Category: Singapore Stocks Investing

SINGAPORE STOCKS: EVEN IF THERE IS A TECHNICAL REBOUND, I WILL NOT INVEST

Singapore stocks

Dear readers, Singapore stocks experienced another southing yesterday. The STI index went south by 0.81% yesterday to bring the STI to 3,260.84. From a high of 3,641.65 to yesterday closing mark, the STI has retreated by 10.45%. As I have shared in my previous posts, the Singapore stocks STI should retreat even lower first before it goes up. However, even if there is a so-called technical rebound in the STI and Singapore Stocks, I will not invest in Singapore stocks for the time being. Why is this so? Read more »

[JOIN THE POLL NOW!] SINGAPORE STOCKS MARKETS: WHERE WILL IT HEAD TO?

STI

Dear readers, the US stocks markets shed more points overnight with Dow down by 0.80%, Nasdaq by 0.88% and S&P by 0.63%. I believe this sentiment will be carried over to the Singapore stocks markets when the markets open later. Based on the technical charts and the macro developments, I have a near-term target of 3,000 and below for the Singapore stocks markets. With the STI at 3,300, that means another 9% to head south for the STI. Read more »