Archive for sse
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The recent market rally seems to be pausing after a huge run up. Even Hang Seng has breached 20,000. Fundsupermart has an article on this level. It seems that valuation has been reached for the moment. Long term investors can still hold. Minor corrections seems to be underway while uptrend is still intact.
HSI is very [...]
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I think it goes without saying that the Indian Stock Market stunned everyone to death today. 17% up in one day is amazing compared to STI’s gains over the last few weeks. I wonder whether a total market halt was triggered cos when it did a more than 10% fall Jan [...]
The past week has been spectacular again. Another jab in the heart.
A fellow blogger on his post, “Green Shoots” Sprouting In Global Markets, quoted a very interesting piece of article. Sometimes it makes me wonder how come the stock market does not really translate the performance of the sectors.
Given that Taiwan and Singapore are the [...]
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As a follow-up to my 2 last posts, I’ve decided to do some charting today because it does seem that we have reached a point of reckoning for most markets.
It’s amazing to see STI keep climbing up without Respite and Despite negative news. Even on recent Tuesday, STI closed up higher [...]
SSE is going to face a firm resistance (2600 region) soon based on the chart below. A picture paints a thousand words.
Price has been hugging top part of bollinger band and we might anticipate pullback soon. Overbought as well.
Let’ see how resistance is tested. Might consider a temporary fund switch again.
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