Monday, March 19, 2018

Market Outlook - Top Volume Selling

The market is unusually weak today. Not much buyers in the market but more sellers looking to lock in profits than buying. Many stocks that ran last week started to simmer down. Cosco, SembMarine, Rowsley all begun to show some tapering off action.

The STI started to also turn red with more sellers emerging. As of now, no stocks look strong and everything has to take a short breather first. Blue chips are the leader pack for the selling and look at all the banks, they all started to suffocate too. Tough day ahead.

Ronald K - Market Psychologist - A Stock Market Opportunist