- I mentioned that if Dow Jones fail to break a new high, I anticipate Singapore market to perform mediocrely in 2016.
- 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 ...
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,