Thursday, May 31, 2018

Singapore Stocks Update - Top Volume Counters

The market gap up today. I was very surprised to see stocks don't move during the last hour of trading yesterday since the Dow was recovering back then. I remembered watching DBS, OCBC and YZJ and none of them exuded any strong buying at the last minute even the futures was up like +140 points. Today most of the stocks gap up with strength where the chance to get in was virtually 0 except if one was doing some very quick scalp. Well, that's the way it is for now. One day down and the next day up. It's not difficult to spot the turning point but signals were pretty confusing during the holiday on Tuesday. Looking forward to the next trade.

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Ronald K - Market Psychologist - A Stock Market Opportunist