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, 17 November 2020

Stock futures rise after Monday’s record-setting session

 Earlier in the day, the Dow and S&P 500 posted all-time closing highs. The Dow also notched an intraday record. Those gains came after Moderna released trial data showing its coronavirus vaccine was more than 94% effective, further raising expectations of a sharp economic recovery.


STI following Uncle DOW backside up???



8 comments:

  1. STI needs to rise 31% to hit its 2018 high. And 40% to go back to 2007 ATH.

    My wild assed guess is that this will be accomplished within the next couple of years. And STI 5000 within the next 4-5 years.

    Come on STI, you can do it!! 💪😁

    ReplyDelete
    Replies
    1. Spur,

      Of course STI will hit 5000 one day!

      Stocks always go up ;)

      Yes, if you believe you can, you can!

      C'mon everyone, let's chant together:

      "STI, you can do it!"

      Delete
    2. Of course if STI 5000 only in 2035 & beyond, then the chanting will be "Top up CPF!" Lol!

      Delete
    3. HA! HA!

      If i am still around, most probably dementia or something worse.

      But who can tell?

      Is it true the saying, "Those that God love, die young"?

      Shalom.

      Delete
  2. Normally every downturn us stock follow by property. But this time round property is not affected. What do you think?

    ReplyDelete
  3. Or is this rally a false dawn. And the big downturn is awaiting.

    ReplyDelete
  4. What's important is that when STI reaches 5000, all of us are participating in the rally :)

    ReplyDelete
  5. When the World Central Banks realize QE has reached it's saturation point-continue will lead to one of the "xxxflation".

    For me i think will be all the xxxflations then finally hyper-inflation.

    Fiat money systemic breakdown.

    My opinion only.

    Man in the street prediction.

    ReplyDelete

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