MORE THAN SINGAPORE STOCKS, STRAITS TIMES OR SGX NEWS BLOG. SINGAPORE STOCKS INVESTING (“SSI”): SHARING A DEFENSIVELY OPPORTUNISTIC EQUITY-INVESTING MODEL: STABLE STI CORE, MULTI-BAGGED BY SELECTIVE INTERNATIONAL PICKS!

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Monday, May 27, 2019

SINGAPORE STOCKS 6% OVERSOLD NOW, WHAT'S NEXT?

Singapore Stocks
Dear readers, the Singapore Stocks as measured by the STI is now oversold. The STI ETF which tracks the STI is in turn oversold. The STI ETF which is now trading at $3.228 is already more than 6% lower than the recent high of $3.432. Amidst the current geo-political backdrop, I don't believe it is wise to enter into bargain-buying the STI ETF as prices may go lower due to the raft of ongoing trade tensions with China, tensions with Iran and the Brexit development. Though corrected, Singapore stocks are still not at low prices now. STABLE STI CORE, MULTI-BAGGED BY SELECTIVE INTERNATIONAL PICKS! Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

SSI INVESTMENT STRATEGY: STABLE STI CORE, MULTI-BAGGED BY SELECTIVE INTERNATIONAL PICKS! FIND OUT MORE HERE !



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