$DBS (D05.SG)$
DBS is one of the best stock in Singapore with strong dividend and fundamental business. Recently, the stock price has completed a 200% Fib move from the last major bottom to the recent top, a 17 to 17 sgd move. At this point, this stock is not a buy anymore depite being cheaper evaluation than when it break out (lower P/E). I will be waiting for a retracement, potentially by end of Oct this year to buy back at break out levels.
DBS is one of the best stock in Singapore with strong dividend and fundamental business. Recently, the stock price has completed a 200% Fib move from the last major bottom to the recent top, a 17 to 17 sgd move. At this point, this stock is not a buy anymore depite being cheaper evaluation than when it break out (lower P/E). I will be waiting for a retracement, potentially by end of Oct this year to buy back at break out levels.
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$USD (USDindex.FX)$ $Bitcoin (BTC.CC)$ $Nasdaq Composite Index (.IXIC.US)$ $SPDR S&P 500 ETF (SPY.US)$
When USD falls, the response is to generally exit the correlated assets and go into the assets denominated in another currency, like Chinese stock or Gold. Recent falls in the USD has sparked a break out in SG market from a multi decades consolidation, and a remarkable reversal in the Chinese market.
Simply put: The currency movement and st...
When USD falls, the response is to generally exit the correlated assets and go into the assets denominated in another currency, like Chinese stock or Gold. Recent falls in the USD has sparked a break out in SG market from a multi decades consolidation, and a remarkable reversal in the Chinese market.
Simply put: The currency movement and st...
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Risky Investor
commented on
$Nasdaq Composite Index (.IXIC.US)$ any American here will vote trump again?
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Risky Investor
commented on
$XAU/USD (XAUUSD.CFD)$ OK, ATH liao. now I don't know how to play dis liao. Now Gold so high, buy more or hold? 🤔🤔hmmmm
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