We have just celebrated Singapore’s 53rd birthday yesterday and soon, we are going to go through 2 upcoming events that might have some impact to the stock trading volume (at least to me).
Do take note that this is a weekend post, so, take it with a pinch of salt :-)
Event 1 – The Hungry Ghost Month (7th Month)
By the time you read this post, we are officially step into the first day of Chinese’ 7th month (aka the Hungry Ghost Month). If you are following this customary, you will know that there are many things that we SHOULD NOT do during this period e.g. avoid staying late outside, avoid stepping on the offerings items or joss stick on the side of the road etc..
For those who are really superstitious, they might avoid risking too big a stake during this period in terms of gambling or “investing” …