The Singapore market is selling big time again as the world is entering another panic pandemic stage of increasing number of deaths because of the coronavirus. The number of coronavirus cases and deaths continues to rise and investors brace for data in the week ahead expected to underline the sharp economic toll of the pandemic. With such bad omen and atmosphere surrounding the market, it's no wonder that the market cannot climb higher but to fall. The Top 30 Volume showed mostly stocks tanking while none of the blue chips survived. The STI had a precipitation fall and soon recovered last week. It's not testing those critical levels again which I am not sure if it will holds or break. I need to study the next few days to decide. It's wise to start scouting for good stocks to trade in/out since the volatility is high. Plenty of stocks in the Top 30 Volume, don't waste and don't miss it!
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Ronald K -
Market Psychologist -
A Stock Market Opportunist
