In my previous analysis done two weeks ago, I’ve indicated that McDonald’s Corp (NYSE:MCD) will be a good buy for mid to long term.

From $115.18 per share on 16th Jan, yesterday it has closed at $123.78 per share. A 7.5% push northwards in two weeks.

For comparison of how well McDonald’s did in the last two weeks, the best performing being S&P500 went from 187.8 to 193.7 (+3.1%), Dow Jones Industrial Average from 15988 to 16466 (+3.0%), Hang Seng Index from 19520 to 19683 (+0.8%), while STI Index remains stagnant at $2630 level.

However I am totally bewildered at how little local page views the previous blog post received. I’m really not sure why but I will gladly appreciate if someone could entertain me as to why Singaporeans are not keen on trying out historically proven trend trading with technical analysis ...