The bears den

[MrHighlander]

Of correct, STI will be around 3030

Good to vest ?

Going by weekend djia plus Friday djia action, about 3%

Sent from HMD Global TA-1004 using GAGT

 

[SBC]

What’s the play in STI 2mrw?

 

[coolhead]

Of correct, STI will be around 3030

Good to vest ?

i only vested in bank stocks from sti....but won't be dipping in.

 

[MrHighlander]

So if your bank stocks drop 3% tmr, you don’t dip in ?

i only vested in bank stocks from sti....but won't be dipping in.

 

[coolhead]

So if your bank stocks drop 3% tmr, you don’t dip in ?

Nah... At this state, I'll only dip in if bank stocks drop 50%. I view risk higher than rewards now.

Sent from HMD Global TA-1004 using GAGT

 

[peacefulday]

Truely. The banks/reits stocks got not much room to enhance in the trade war but defence well with the supoort of sweetener dividends yield where as the rest of the blue chips already faced down these times. It may need took a consecutive DOW drops to scare them out and let see again on near 4pm when euro start trade. Many will like your 50% target

Nah... At this state, I'll only dip in if bank stocks drop 50%. I view risk higher than rewards now.

Sent from HMD Global TA-1004 using GAGT

 

[peterchan75]

If the stocks don't move down much, most likely it won't move up much on the recovery.

On the surface, it seems that way!
Use DJI as a benchmark, from Oct to Dec 2018 and Feb 2019. 60% of those stocks that dropped less than DJI, exceed DJI performance during recovery.

 

[DukeCS33]

On the surface, it seems that way!
Use DJI as a benchmark, from Oct to Dec 2018 and Feb 2019. 60% of those stocks that dropped less than DJI, exceed DJI performance during recovery.

I have also observed that stocks that outperform the indices tend to continue to outperform both during sell offs and rallies. When the main index gets sold off, they would fall less and during rallies, they outperform the index by a fair bit. When I was doing swing trading, I only select stocks that outperform the indices and when I short sell, only stocks that underperform gets filtered into my selection.

 

[MrHighlander]

Actually markets opened today not as bad as I thought

Nikkei off ~2.5%, ASX less than 2

 

[DukeCS33]

Actually markets opened today not as bad as I thought

Nikkei off ~2.5%, ASX less than 2

SP futures are off their lows... There was such a big sell off last Friday... today is bound to attract some bargain hunters. I would not be surprised if the prior patterns get repeated where there is not a follow through on sell offs. That said, I have 4 candidates to short and 1 to long intraday tonight. Going to be a hit and run play.

 

[Trader11]

Actually markets opened today not as bad as I thought

Nikkei off ~2.5%, ASX less than 2

Wait for Trump to open his mouth again....

 

[Merg91]

The beginning of the end.

 

[endlssorrow]

Where got bad, is nothing man
All still expensive

 

[MrHighlander]

Yes not that bad at all - coming off record highs, a drop like this is nothing effectively

Where got bad, is nothing man
All still expensive

 

[agau168]

Anyone got heart attack today after seeing stock portfolio today?

Cham ... Ang Kong Kong. Sea of red. Anyone kenna that?

Trump twitter tariff tantrums and HK violent protests are powerful!

 

[Kapish]

red is good for long investors. you should be happy trump is accelerating the upcoming recession so you can buy cheap stocks. you want to wait another year?

 

[DukeCS33]

red is good for long investors. you should be happy trump is accelerating the upcoming recession so you can buy cheap stocks. you want to wait another year?

I find it hard to think that a recession is coming when there is so much liquidity floating around. And if one does come under such a situation, it would be a depression.

And I am also inclined to think that Trump's action may well trigger a trade war that may mothball into a recession.

https://money.cnn.com/2016/07/07/news/economy/trump-trade-smoot-hawley/index.html

 

[MrHighlander]

Yes i wanna wait

Cause I have to size up my warchest

What’s the point if recession if no or little or insufficient warchest

red is good for long investors. you should be happy trump is accelerating the upcoming recession so you can buy cheap stocks. you want to wait another year?

 

[Merg91]

No fear?
Stock market is full of scams.
Singapore property is safer.

Yes i wanna wait

Cause I have to size up my warchest

What’s the point if recession if no or little or insufficient warchest

 

[MrHighlander]

Stock market way more liquid

No fear?
Stock market is full of scams.
Singapore property is safer.