Thursday, August 2, 2018

Hi-P - Earnings Down 19%




Hi-P gap down today. It seemed like tech stocks are really not the hot things these days as both good and bad results caused the stock to gap down. Today it's Hi-P turn where earnings dropped 19%. Read the below link

https://www.businesstimes.com.sg/companies-markets/hi-p-q2-earnings-down-19-at-s1229m


Don't think it's wise to trade tech stocks now as quite volatile and there are no scripts for most stocks in the CFD. The market getting some tough directions at the moment and it's hard to trade stocks. DBS also got slammed down today heavily and I think it's wise to watch for now.

Ronald K - Market Psychologist - A Stock Market Opportunist