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 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???



6 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
  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

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