Invest
STI is oversold & my Commodities Picks
By Singapore Stocks Investing (SSI)  •  May 31, 2013
STI is oversold , according to RSI. This follows the mass selling of stocks by Singapore investors this week, fuelled by speculation that the US Federal Reserves may be scaling back its quantitative easing following news that the economy of US may be getting better. I find it interesting to decipher that investors’ sentiments now rely on speculation rather than actual concrete economic data coming from the US or the Europe. Besides stocks, REITs is another category that see its value declining as investors worry that the low-interest rates may be replaced with higher interest rates as the liquidity-churning mechanism (QE) is further reined in. Now, STI is oversold, and for investors who are bold enough, this is the time to go bargain hunting. Noble Group is my top pick as though like other stocks, it is oversold, if you look at the price now, it is really very attractive ......
Read the full article
By Singapore Stocks Investing (SSI)
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance