Based on yesterday’s close, Nasdaq clocked a 63rd record close for 2017 and overtook the previous 62 record closes for 1980! S&P500, Nasdaq and Dow registered their 25th record close for 2017 simultaneously, matching the record established in 1995.
On our local front, STI approaches a more than two year high. 2017 has not ended yet. For those investors who have not invested much, are they too late to the party? Are there still stocks with scope for potential upside?
Personally, I believe that there are two companies, namely Hatten Land (“Hatten”) and GSS Energy (“GSS”) with interesting charts and bear watching in the next few weeks.
Since my recent technical write-up on Hatten dated 26 Sep 2017 (click HERE), Hatten continues to trade in a tight range $0.192 – 0.210 since 28 Jul 2017. Recently, there seems to be a pick …