SG Investor Hub Blog

STI 3300 mark to be broken!

Wed, June 20, 2018 This morning STI opened below the 3300 mark from yesterday. This results in a gap between yesterday’s and today’s session. Also as guessed in my previous email, it was hovering over the range of 3320 forming a temp base before m…

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 »