Stock futures rose slightly in overnight trading on Monday following a steep sell-off on Wall Street.
Futures on the Dow Jones Industrial Average rose about 100 points. The S&P 500 futures gained 0.4% and the Nasdaq 100 futures were up 0.5%.
The market’s September sell-off intensified on Monday with the Dow Jones Industrial Average dropping 500 points, suffering its worst day since Sept. 8. The S&P 500 lost 1.2%, posting its first four-day losing streak since February. The Nasdaq Composite dipped just 0.1% after a late-day comeback rally.
Hmm... can continue fishing in STI?
Got chance to buy back SGX and DBS?
Posts
CW,
ReplyDeleteAnd we wonder why youths are venturing overseas to trade stocks?
The fastest bear market in US during March has turned into the fastest bull market!?
Our STI, except for that little spike to 2800, has been treading waters between 2500 and 2700.
Well, let's see this break of 2500, is it just a fakeout or will it turn into the start of another leg down?
Now got Tiger for youths to fight US mkt. Drink Tiger and trade Tiger! LOL!
DeleteCW,
DeleteNot "free" like in Robinhood, but at 0.08%, its practically "free" for those of us old fogeys who remember a time we used to pay 1%...
And still can make money playing contra despite paying the 2% roundtrip!? LOL!
No wonder remisiers have to reinvent themselves to be trainers or public speakers.
Disruptions are everywhere now.
I think youths may have to get used to being a "job-hopper" going forward.
Hi Uncle8888,
ReplyDeleteVIX futures is predicting increased volatility (and possible lower prices) from now to Nov.
GSS ahead! :P
PS: With so many jumping onto US bandwagon (after Nasdaq has already gone up almost 400%) I'm surprised that nobody is putting out blog articles about 0% commission trading using TD Ameritrade (apart from a brief mention by our resident Temperament).
Even Tiger Brokers charge 0.08% lol!