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
An interesting week it has been in the equities market! Let’s have a look at the STI. Index Performance The STI closed nicely around 3200 points on Friday (-16 points from Monday). This shows that the market is retracing well within range. As it opened at 3216 on Monday, hit a high of 3232 and … Continue reading
Hope the week has been going well so far. As the STI closed well within the range of 3150 – 3250 in week 3 last week, we saw some pull-back which signalled buying opportunities on stocks with strong fundamentals. This was expected based on last week’s mid-week updates (https://epsilonluxe.wordpress.com/2013/10/24/sti-week-3-october-mid-week-updates/). Hence, no further updates was required … Continue reading
Hope the week has been going on well. Here’s a snapshot of the STI at the mid-week. After the last 10 days of a gradual uptrend, we see sufficient volume of trading in the index pushing prices higher. Looking at the candlestick patterns for the last 5 days, we can see the increasing price … Continue reading
It’s that time of the year. My focus turned to the aerospace industry well because, it’s almost the time of the year where most people are on the move travelling to other parts of the world. Particularly, in Singapore’s context, we are at the centre of South-East Asia, heart of travel destinations, and also a … Continue reading