Monday, April 9, 2018

Singapore Market Update - Clueless with No Directions




The market is so mix and unsure of directions at the moment. After the Dow slammed down almost -600 points on a Friday evening, the STI did not gap down but instead held strong. Soon after, the sellers came in to start short selling and the market just slowly retraced. The market is trading in a tight range and it's tough to take a position in either way. I saw some individual stocks trying to climb higher but was drag down by the market conditions. Will need to be patient and watch carefully before taking a position.

Ronald K - Market Psychologist - A Stock Market Opportunist