Market Review and Trends
STI Outlook: 15 Feb 2015
By My Route To Financial Freedom  •  February 15, 2015
Recently I’ve been very focused on looking into companies, but I felt that it was time to take a step back and look at the bigger picture. As they say, “A rising tide lifts all boats.” Now, I ask myself, is the tide still rising? I personally don’t see a point trying to surf when there’s a tsunami out there. The probabilities simply work against you. The Big Picture: Overall trend of the market remains bullish, although I do feel that market is a little on the higher side. To me, it means that many stocks have been experiencing good gains and retracement could be coming soon. Starting off with the charts, I feel that the market is going to hit a few resistance levels in weeks to come and could possibly see a correction back into the 3300-3380 region. The move on the week of 23 Jan broke ......
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By My Route To Financial Freedom
Aloysius Lee, co-founder, is currently pursuing a degree in Business at Nanyang Technological University (NTU) and is the President of Investment Interactive Club 17/18. He graduated from Singapore Polytechnic (SP) with a Diploma in Banking and Financial Services. During his course of study, he was awarded the SB Business School Achiever Award, UOB Kay Hian Scholarship and Phillip Futures Prize ...
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