SG Stock MarketDetailed Quotes
M44U Mapletree Log Tr
- 1.360
- -0.010-0.73%
10min DelayMarket Closed Jul 19 17:06 CST
1.370High1.350Low
1.370High1.350Low11.35MVolume1.360Open1.370Pre Close15.44MTurnover1.70552wk High0.23%Turnover Ratio5.02BShares1.24052wk Low0.061EPS TTM6.82BFloat Cap1.914Historical High22.30P/E (Static)5.02BShs Float-0.812Historical Low0.061EPS LYR1.46%Amplitude0.09Dividend TTM0.91P/B100Lot Size6.69%Div YieldTTM
Forming a base on top, waiting to break higher. The US 10 year bond yield has dropped below 4.2% due to rate cut expectation in September.
The chart shows 2 harami within the 1st prior candlestick body. The stock is turning bullish. The trend is still upwards. Next hit point will be 1.39.
Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest rates.
Powell indicates Fed won't wait until inflation is down to 2% before cutting rates
The chart looks good. Today another green candlestick moving up, hopefully can hit 1.38-1.39 to have a higher high. The trend is still up.
So do you think all the Funds, BBs and our government that are invested under the Mappletree umberalla will seat and do nothing if it really drop too low... they like all others (you and me) also want to preserve their wealth..
FED last speech strong hinted that high rates are not sustainable for a long term and indeed the lowering of interest is near. High chance Sept.
So don't miss the boat. BUY & HOLD to reap good dividends..
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