Monday, May 7, 2018

Singapore Stock Market - Tough & Uninteresting




The Dow closed +300 points last Friday and the STI did not even move earlier in the morning. Most stocks started to sell down with OCBC when the results was good. DBS and UOB slowly simmered off with OCBC's selling and the rest of the blue chips started to slowly chip off. This made the market tough and uninteresting to trade at the moment without much movements in the underlying stocks. I am definitely switching to trade the Dow Jones than to trade Singapore so as not to waste time and opportunities.

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Ronald K - Market Psychologist - A Stock Market Opportunist