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Cory Diary : STI Rebounded 2019 June
By CoryLogics  •  June 19, 2019
STI has been quite volatile. This week it starts rebounding. If one has invested near end of last year, today one would still has nice returns of about 300 points ahead. As we can see from long term resistance support, averaged down more on STI earlier and is now benefiting from the rebound. Recent low is a test of one resolve. The turmoil of the market doing their sum on our thinking. However, being portfolio buffered, this bring calmness for us to try. Everyone waiting for FED now. Trump complained last time and likely more this time as he needs more ammunition to fight trade battle with China and EU especially we could see currency war entering the game. Will FED supports ? Expecting the rate to hold. Chance is 60%. Cut 30%  However, if Powell tries to be funny and raise the interest rates instead, the market could well #$^$%&%^$*%4&*)&. Maybe...
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By CoryLogics
I am not an investment adviser. Nothing herein my blog constitutes investment advice. Is my personal believes that not everyone has to go through the hard way. This blog also serve a purpose to help me record my understanding and personal learning growth. I sincerely welcome all comments.
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