Monday, March 9, 2020

Singapore Stock Market - Recession, Stocks Crumbled


The market crashed again today. Many stocks like DBS, OCBC, Rex, Ausgroup all suffered a huge drop today with more bad news over the weekend. See the Top 30 Volume, nothing is sparred and everything crumbled. I think the Singapore market is going into a recession mode as the STI index had already fallen quite a fair bit. It's soon time to find good chips to long but not today. As I shared in my dinner session that the bear market territory kicks in, it truly did and we need to embrace for really bad days to come.

http://stockmarketmindgames.blogspot.com/2020/03/singapore-straits-times-index-bear.html

Ronald K - Market Psychologist - A Stock Market Opportunist