K-shaped stock markets :P
CW,All 3 US indexes are a lot more "exciting" since the lows of March - especially the Nasdaq!No prizes to guess why the more "adventurous" ones locally have migrated to the US markets.Except for that one spike to 2800, our STI has been going sideways...Even the recent break of 2500 has turned out to be a head fake. As a betting man, I think STI would likely kiss 2600 again. Simple short covering enough ;)
K-shaped stock markets :P
ReplyDeleteCW,
ReplyDeleteAll 3 US indexes are a lot more "exciting" since the lows of March - especially the Nasdaq!
No prizes to guess why the more "adventurous" ones locally have migrated to the US markets.
Except for that one spike to 2800, our STI has been going sideways...
Even the recent break of 2500 has turned out to be a head fake.
As a betting man, I think STI would likely kiss 2600 again. Simple short covering enough ;)