Since Singapore moved to a service-focused nation after the millennium, STI has shifted itself from the 1K-2K zone to the 2k-3K zone. Many investors got confused between “Passive” and “Value” investing. If they adopt a “Passive” investing style, they will end up feeling frustrated. However, if we recognized that every market is unique to its own, recognizing STI is currently trading in a 2K-3K zone, and likely it will remain in this way, we will see opportunity in each cycle low. We are into the 4th cycle after Wall Street meltdown in 2008: 1st cycle = +114% 2nd cycle = +41% 3rd cycle = +44% 4th cycle = +48% Index is a benchmark, it helps us to derive a better sentiment on the ground, doing our stock pick only when the time is right and vice versa for profit-takings. Many individ
Last week, the 4 major US indices had a smooth rally with low volume suggested there is lacking of supply in the upswing.US indices: S&P 500, Dow Jones, Russell 2000, NASDAQThis is especially obvious in the $SP500指数主连 2112(ESmain)$ , as shown in the upper left pane above. However, one thing stands out on last Friday among the 4 US indices:1. S&P 500 futures (ES) tested the all time high at 4550 followed by a mild rejection.2. Dow Jones futures (YM), as shown in the lower left pane, also had a mild rejection despite closing at all time high.3. Russell 2000 futures (RTY) failed to commit above the swing high formed on 15 Oct with mild rejection, as shown in the upper right pane.4. Nasdaq futures (NQ) had slightly l
Apple shares rose 1.2% in premarket trading as Apple customer service said that Power rationing in China has no impact on the iPhone13 and it can place an order normally.Some Apple and Tesla Motors Seventy percent of suppliers were forced to stop production for several days due to power cuts. Apple customer service said that it has not affected the delivery time of iPhone at present, so you can buy it with confidence.At present, several stores in Shanghai, as well as the surrounding stores in Su