Wednesday, July 4, 2018

DBS - Longed 15 Lots

The market is really boring today and for the whole day, stocks weren't moving but the STI turned up towards the end of the day instead. Many stocks got sold down except the banks and some other blue chips. Longed 15 lots of DBS earlier as the banks looked like it hit a temporary floor for now where buyers weren't allowing price to drop further. The Dow Jones got slammed down for almost -300 points last evening and there was no selling nor throw down in STI which might gave an indication that the market was strong in the morning. Watched for almost the whole day before the banking sector started to take off and STI turned green. See what happens tomorrow.

Ronald K - Market Psychologist - A Stock Market Opportunist