I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Tuesday 26 October 2010

Dow Closing In On Two-Year High

the tickerspy.com Staff, On Tuesday 26 October 2010, 5:08 SGT


Stocks posted moderate gains, but after flirting with a two-year high, the Dow was unable to get over the hump, as stocks lost steam late in the day. With both the Dow and Dow Transports closing in on two-year highs, it could be a nice bullish signal if both indices are able to break out. We remain bullish on the market in the near term, expecting a solid close to the year for stocks.

Stocks rose on the day, with the Dow up 31 points to 11,164. The S&P added 3 points to 1,186, while the Nasdaq gained 11 points to 2,491. Oil rose 83 cents to $82.52 a barrel, while gold climbed $13.80 to $1,338.90 an ounce.

On the economic front, the National Association of Realtors said existing home sales spiked by 10% in September to an annual rate of 4.53 million from a revised 4.12 million in August. Economists had forecast a September rate of 4.25 million, and the gain was the largest in nearly 28 years.

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