Dear readers, we are entering into the month of May. Many investors would have learnt of the saying: “Sell in May and Go Away”. So will this adage bear out for investors in May 2017? Though the adage is a saying, but if geo-political tensions are such that they bring uncertainties to the stocks markets, then investors might choose to exit the stocks markets. We must not forget that we have the French Presidential Election outcome. Though many expect Ms Le Pen not to win, who knows that she could be the victor in the Presidential Election ultimately?
The STI, a benchmark of the Singapore stocks markets is often seen as a barometer of the overall performance of the Singapore stocks markets. The STI ETF which tracks the STI is still in a bullish trending mode. Should the STI ETF crosses above $3.30 per share which is the resistance …Read the full article →