The market continues it's weakness without much stocks moving as per highlighted on my blog posts yesterday while I still remained cautious at the moment. See the Top Volume stocks, they are all stagnant and soon drubbing down.
http://stockmarketmindgames.blogspot.com/2019/09/singapore-market-update-is-trade-war.html
Last evening, I brought out some traders and continue to reinforced them to be careful when trading the market and what to look out for in trading USA stocks. As opportunies were pretty abundant in the US market everyday, one needs to be careful in their stocks selection. While the Singapore market is getting lesser chance of making $, still if you look closely into the blue chips stocks, you will see abundance of shorting opportunities when the chart turns sour. See the Top Volume stocks above, most stocks are coming down. As highlighted yesterday on my blog, when you thought the Dow reversed +163 points on Wednesday was a good thing, last evening, it reversed and got sold down -80 points again. So you tell me, is the trade war news going to be good or bad? Are there more problems in the US market than just seeing just the good news? More to come soon.
Click to register for a Preview of Short Term Trading Cheatsheet
Ronald K -
Market Psychologist -
A Stock Market Opportunist
