Market Review and Trends
Ernest’s market outlook (8 Jul 16)
By Ernest Lim's investing blog  •  July 9, 2016
Dear readers, What a difference the past two weeks make! Have you benefited from the sharp rally in the equity markets? Or did u cut loss on your long positions and initiated shorts after the Brexit and cut loss on your shorts due to the sharp rally? Two weeks ago, I said that I might raise my percentage invested from 71% to 150 – 200% on sharp market selloffs (see HERE). I also mentioned that I have told my clients who are mostly in cash to accumulate some stocks on dips. Indices such as S&P500 and STI have soared above the pre Brexit level. In fact, S&P500 closed at a record closing high last Fri. What should we do in the next two weeks? Read on for more. S&P500 Index Just to recap what I have mentioned on 24 Jun 2016 (see HERE), I wrote “Given the ......
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By Ernest Lim's investing blog
I am an avid investor, trader cum remisier. I am a Chartered Financial Analyst® charterholder, as well as, a Chartered Accountant of Singapore. I have published articles on a wide range of topics on finance and investment, ranging from market / sector outlook, technical analysis and fundamental analysis etc.
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