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Market View 5 August 2013
By Singapore Stock Lobang  •  August 5, 2013
A few readers asked me last Friday whether this week will be boring and lifeless since there are only 3 trading days. Actually, the normal expectation is that most traders will be cautious and won't want to bring their open position over the long-weekend this week. Therefore I believe that there will still be actions for today and Tuesday, but it will only be on selected stocks. Some readers are simply looking at the wrong stocks at this moment. Some stocks are resting or recuperating right now and they won't have any drastic action too. Among the stock charts that I like are Halcyon, Interra Resources and Genting HK. Trade with caution and a ready cut-loss too. If you are not prepared to take risk this week, then take a early break for the super-long weekend ahead. If you are interested in our local brokerage's stock call, then go to: ......
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By Singapore Stock Lobang
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