Wednesday, February 26, 2020

Rex Intl - The Only 1 That Survived




The Dow Jones slammed down -880 points last evening after Monday's -1000 points dropped. It was so scary that there was an exodus of investors and everyone was throwing with fear. In the Singapore market, as usual, most stocks are pretty weak and looked jammed while only certain stocks like AEM and Rex Intl still held strong. This morning, Rex Intl reacted to the Dow Jones last evening and gap down first which it soon recovered strongly back to the 0.20 price. It was super strong and it seemed as though the results that is coming out could be good. Up/Down, Rex had been a stellar stock for the past few months and it continued to show strength. As of today, it's the only stock that survived during this crash in the Dow Jones. I did not trade this counter as I prefer the US market these days and also banks are moving in a range bound and were pretty slow. However, I see many good trade records that my students traded some stocks which I posted in my Instagram and they made $$. Congrats and continue your good work!

https://www.instagram.com/ronaldkstockmarket/

Ronald K - Market Psychologist - A Stock Market Opportunist