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COVID-19 Round 2 Happening in Jun 2020???
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  June 12, 2020
When FOMO buying sudden changed to PANIC selling!!!U.S. stock futures were higher on Thursday night after growing worries of a resurgence in coronavirus cases sent equity prices plunging. Dow Jones Industrial Average futures traded 105 points higher, or 0.4%. S&P 500 futures gained 0.4% while Nasdaq-100 futures advanced 0.3%. The Dow, S&P 500 and Nasdaq all recorded their biggest one-day losses since mid-March, posting losses of at least 5.3%. Thursday’s declines put the major averages on pace for their biggest weekly losses since March 20, when they all dropped at least 12%. Those losses came after data compiled by Johns Hopkins University showed the number of new coronavirus cases has risen in states like Arizona, South Carolina and Texas as they continue their reopening process. Still, Treasury Secretary Steven Mnuchin told CNBC’s Jim Cramer the U.S. can’t shut down the economy again. Overall, more than 2 million coronavirus cases...
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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