SINGAPORE STOCKS MARKETS INSIGHTS REVEALED AND ONE IMPORTANT POINT FOR ALL INVESTORS

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Singapore Stocks
Dear readers, in my recent posts, I shared the following in relations to the Singapore stocks markets with readers (in a summarized form):

1) based on the STI ETF breaking below the 200-days-moving-average from the technical charts since 2016, a long term downtrend seems to have set in;

2) there are not many positive catalysts as drivers for stock prices to head north;

3) notwithstanding 2), investors could be selective due to corporate earnings reporting by being bullish on stocks that are likely to have good results and thus perform

4) however, as the saying goes: follow the stocks markets trend; if the broader stocks markets is not bullish, it is not easy to trade in a direction aimed for upside capital appreciation

Currently, I would describe the stocks markets as consolidating against a raft of factors like trade tensions, geopolitical developments and US interest rates hikes expectations
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