Saturday, January 04, 2020

STI ETF - Sudden Bearishness Due To US IRAN Tensions

Dow was up 330 on Thursday which is the first trading day of 2020.  Investors was cheering.

Suddenly, Friday the 2nd trading came the US IRAN tensions.

This again remind us that stock market sentiments can change quickly within a day.  Therefore, always NEVER use up all your warchest at one go even though you feel that the Dow is hitting 30,000 soon due to the US and China trade deal.

The trading on Monday and Tuesday then we can determine if market uptrend have change.


No comments:

Post a Comment

Singapore Stock Investment Research