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November-2013

This tag is associated with 4 posts

STI – Week 4 of November’13 (Start of Week Updates)

Last week, we were in anticipation of the FOMC meeting and the release of the Minutes of the Meeting with Janet Yellen and Bernanke still undecided how they would want to bring in the decision of tapering. Although the economic data shows some improvement in the US recovery, the FED will still monitor the situation … Continue reading

STI – Week 3 of November ’13 (Start-of-week Updates)

Outlook for the Week Last week we saw strong sell-downs based on our last updates (https://epsilonluxe.wordpress.com/2013/11/13/sti-week-2-of-november-13-mid-week-updates/). Ending the week was a rebound which brought the STI back up to 3201 points from 3177 (+24). On closer look at the daily chart, we saw a symmetrical triangle form, being a confirmation from the rounded top which … Continue reading

STI – Week 2 of November ’13 (Mid-week Updates)

Outlook for the Week   This week on the SGX, we continue to see the index retracing with price-action. However, we see more forced selling the past 3 days, with today being sold quite hard. One of the hardest hit of the components was Jardine. We also see popular stocks such as Supergroup and Noble … Continue reading

STI – Week 1 November 2013 (End of Week Updates)

Hello once again. This week has been slow and bearish in the equities market! Let’s have a look at the STI. Index Performance The STI closed around 3177 points on Friday (-30 points from Monday). This shows that the market is still retracing well within range 3150 – 3250. This is expected as predicted in … Continue reading

Elvin

Elvin

Singaporean. Christian. Blogger. Design Enthusiast. Portfolio Manager. Investor. Trader. Dreamer. If you're around town or would like to meet up in the city, let me know and perhaps a coffee would be nice.

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