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Profiting from a downtrend market
By Wealth Directions  •  February 5, 2016
Is it possible to profit during a downtrend? During my September and October monthly coaching session, I shared my views on “how to prepare for the next crisis” with my graduates. Dow Jones have been on an uptrend for the past 7 years. However, by referring to Chart 1, I believe that US will be on a ranging market instead of uptrend in the months to come. In my previous article, I shared about how the interest rate hike would affect the Singapore market. You may read the English article HERE. Recapping 2 points I shared in the article here,
  1. I mentioned that if Dow Jones fail to break a new high, I anticipate Singapore market to perform mediocrely in 2016.
  2. In order to profit from the current (ranging) market situation, investors need to adopt a short term holding strategy (2 to 4 weeks) as compared to longer term ...
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By Wealth Directions
With the mission to help 1 Million Millionaires, Wealth Directions Pte Ltd aims to be the leading provider of Financial Education in Singapore and the region. We do not want to be just another seminar provider, but help create a closely-knitted community of like-minded people, who are interested in continuous Personal Development and learning, who believe in improving themselves in order to contribute back to the society at large.
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