As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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Tuesday, 7 July 2020

Will Bro STI shadow Uncle DOW and supported by GE 2020 Effect???



Testing 2,800 soon before Friday Polling Day???
Posted by Createwealth8888 at 08:40
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1 comment:

  1. Spur7 July 2020 at 14:32:00 GMT+8

    The econ data for most of June will be very good as cities opened up in US. But this is countered by growing concerns over the accelerating virus cases & how bad will re-lockdowns be, if any.

    If just some minor re-lockdowns here & there, then stocks may not care. Investors also monitoring real-time data of human traffic in commercial areas to see whether people are becoming scared again & reducing going out / buying things etc.

    As for local stocks, I think speculators will bid them up, especially GLCs, as they price in a PAP bumper results. Followed by profit taking next week. Classic buy the rumour sell the news. :P

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