Market Review and Trends
STI slumps 198 points after hitting a decade high of 3,642 on 2 May! (30 May 18)
By Ernest Lim's investing blog  •  May 31, 2018

With reference to my market outlook HERE posted on 11 May 2018, I mentioned at that time that I have started to sell into strength, as I am cautious on the overall market. Clients would have been aware / notified that I have already reduced my percentage invested to <60% early last week.

STI has since dropped 126 points from 3,570 on 11 May 2018 to close 3,444 on 30 May 2018.

For those who wish to accumulate on weakness, I have compiled a list of stocks here, using Bloomberg’s data as of 30 May 2018. The criteria for compilation (outlined below) is my personal criteria and is straightforward.

a) Market capitalisation >= SGD500m;

b) Presence of analyst target price.

Please refer to Table 1 below showing the top five stocks sorted by total potential return. It is noteworthy that the list is compiled using solely Bloomberg’s data, coupled with ...

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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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