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Author: forexrace@gmail.com

Singapore Stock Market Updates On 7/10/11

Market continued its rally after US market finished off well. We believe that 2600 shall be the support for now and will expect market to go sideways from here. Sentiment shall be shifted from bearish to neutral. Please stay...

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Singapore Stock Market Updates On 23/9/11

Market trimmed losses for the day to close at 2698.80, down 21.73 with a high volume of 1.6383 bln. 2700 might be the new resistance for now. Lookout for next few trading sessions for more evidences whether market have more...

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Singapore Stock Market Updates On 21/9/11

Market trades in the negative territory as investors are waiting for steps from the Fed to juice the economy. We advised to stay sideline to observe for more signs of market direction. Meanwhile, no investment for now. We are...

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Singapore Stock Market Updates On 14/09/11

Morning Highlights Our Current Market Sentiment is neutral but biased towards the downside. Support is seen at 2700 with resistance at 2800, with a decrease in volume traded. This could signify that the selling pressure is less...

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Singapore Stock Market Updates On 9/9/11

Market closed lower, off 31.80 points with a volume of 1.3374 bln traded. We believe that market is now directionless and consolidating. Low of 2680.83 now serves as a support as well as 2735.87 which is the 2nd support level....

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Singapore Stock Market Updates On 6/9/11

Singapore market retreats further amid worries over global economy. US investors face Tuesday with a hangover from jobs data and Europe’s woes, to weigh new reports on services sector and unemployment. We advise to stand...

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Singapore Stock Market Updates On 1/9/11

Local market finished up 93.37 points yesterday with heavy volume. This may mark a good start that the selling could have subsided. Market is now at resistance 2910. We expect a pullback around this point. Once it’s done,...

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Singapore Stock Market Updates On 24/8/11

US market closed high amid relief that a regional business gauge wasn’t as bad as a similar indicator last week. However, local market does not seem to be enjoying the good finishing. Market is currently down 3 points....

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Singapore Stock Market Updates On 15/8/11

Singapore market opened positive on good finishing from overnight Dow. Do expect market to consolidation at this point. Our view for now is bearish. Therefore, we are looking out for to short potential weak stocks. Banks,...

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