Disclaimer: The purpose of this blog is not intended to induce or promote any insider trading or manipulation activity. This blog is created for the sole purpose of education, discussion and knowledge sharing. All charts and information can be obtained freely from the public internet. All analysis are based on my own personal view and years of experience. It should not be used as a decision to solicit buy/sell activity. Use all information at your own discretion and practice due diligence.
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Wednesday, September 25, 2019
Singapore Market Movers - Stocks are Slumping
The Singapore market stocks are coming down. They are pretty stagnant and stocks are not moving much. See the Top 30 Volume, every stocks are either up very little or they are coming down. DBS and some property counters lead the drop. Most penny stocks are also suffering as they lacked of gas and lacked of firepower at the moment and it's not wise to touch or trade any penny stocks now. The oil and gas sector was worst, after that bad news where oil was attacked 3 weeks ago till now, after that gap up, most oil stocks are now back to their normal entry level which was why never chase on news, but instead sell on news. Other than that, the market continue to experience slowness. I will be doing my last public cheatsheet sharing on Oct 1st, see you all there.
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Ronald K - Market Psychologist - A Stock Market Opportunist