SG Stock MarketDetailed Quotes
J85 CDL HTrust
- 0.870
- +0.010+1.16%
10min DelayNoon Break Aug 19 11:57 CST
1.09BMarket Cap8.88P/E (TTM)
0.870High0.860Low400.10KVolume0.860Open0.860Pre Close345.86KTurnover1.07352wk High0.04%Turnover Ratio1.25BShares0.85552wk Low0.098EPS TTM883.00MFloat Cap1.391Historical High8.88P/E (Static)1.01BShs Float-0.973Historical Low0.098EPS LYR1.16%Amplitude0.06Dividend TTM0.58P/B100Lot Size7.01%Div YieldTTM
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CDL HTrust Stock Forum
This stock has hit the bottom. Going to rebound soon. Should rise back above 0.90 level.
The Federal Reserve kept its key interest rate at 5.25% to 5.5%, citing “some further progress” toward its 2% inflation goal. At his press conference, Fed Chair Jerome Powell said a rate cut in September is “on the table,” provided the inflation data continues to be encouraging. The comments propelled stocks to their highs of the day.
Fed recap: Chair Powell gives the September rate cut signal traders were hoping for
The chart shows another bullish harami today. The stock is turning bullish. Waiting to go higher and break 1.00.
The chart shows 4 harami within a candlestick body. A sign of going higher than the 1st prior candlestick.
The rate cut cycle will benefit the property developers stocks and REITS. They will run higher and higher on a gradual basis. Hold long term will see big gains in price appreciation together with dividends. Selling now will only receive small gains.
Chart looks good with 2 green candles. The stock has turned bullish due to rate cut expectation. It is possible to see 3 soldiers pattern formed next Monday and break $1.00 resistance.
Rising tide will push up all the boats.
ECB is expected to cut rates this week. Let’s hope US FED will cut rates soon in September.
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