Sell away your stocks in SGX and switch Horses in US Mkt! Hurry! Mai Tu liao!
Stock futures opened flat to slightly lower on Thursday, pausing after increasing earlier in the day.
The three major indices ended the regular session at record closing highs, even as lawmakers remained locked in discussions over another coronavirus relief package and legislation to fund the government for the fiscal year.
New economic data out Thursday underscored weakening trends in the labor market as new jobless claims unexpectedly rose to the highest level since early September, giving investors reason to believe the grim data will compel lawmakers to advance a stimulus bill more expediently.
Hi Uncle8888,
ReplyDeleteHeheh, millennials don't compare with Lau Dow ... they compare with Nazz Daqq!
YTD comparison of Nasdaq vs Bombay vs Shanghai vs STI (from top to bottom).
For Nasdaq, its 40+% performance seems like it just invented the vaccine for cancer.
Even for the other large indices, looking at their double-digit returns ytd, you'd never know there's a worldwide pandemic & recession going on!
PS: My positions in China & India are causing me to underperform my sniggering younger cousins ... now I know what it feels like on the receiving end of Davey Day Trader! LOL! ¯\_(ツ)_/¯