With the Dow Jones up 230+ points last evening, I expect the Singapore market to at least up above 13 points but it was disappointing as it was only up like 4 points. In fact, instead of moving higher, many stocks are coming down like Midas, Trendlines, Yzj, Cosco and so many others. There is currently a disfunctioning of the Singapore and the US market and hence it' wise to just watch individual stock as it is. Jumbo opened a new outlet in Shanghai but this good news did not drive the stock price up at all. So I guess most of the traders might be out for holiday and it's going to be lackluster of activities for now.
https://www.theedgesingapore.com/fifth-jumbo-seafood-opens-shanghai
Ronald K -
Market Psychologist -
A Stock Market Opportunist
