Market Review and Trends
Recap 2018 & Looking Ahead 2019
By ccloh Strategic Investor Zone  •  January 27, 2019
STI ended the year 2018 at 3068.76, a loss of 334.16 points or 9.82%.  STI was not the only bourses that ended red for the year and in fact majority of the bourses ended in the red with China Shanghai Composite, SSE performed the worst with more than 20% drop. Recap 2018 started brightly for global market as the rally continued from late 2017.  However, it soon took a brake near end January when US announced tariff increased on China imported goods.  This effectively started the US-China trade war (tariff war) when China refused to give in and doing a tit-for-tat tactic by increasing tariff on US imported goods.  For rest of the year, global markets were enrolled in the US-China trade war as concerned should a full-blown one kicks in, a global recession will occur.  As such, global markets practically spent the rest of 2018 in correction territory despite a brief...
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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