This week, USD has been on a rise. And the weekly chart of STI looks to set for a correction to 3520 for this week before any chance that the rally may continue. At the same time, FOMC meeting is on 1 May. So probably market should be relatively quiet for now.
Safe haven assets such as gold seem to have bottomed and could possibly rise again if the equities markets were to correct further.
Straits Times index
Personal list of stocks to look at:
Parkson
Parkson Retail O9E : totally oversold, a bottom has formed at 0.050.
Retail business has been turning around and changing business model Currently, the share lacks market focus. Yet this is a chance to buy when the prices are low for a good bargain.
No doubt volume is very low, it is good for to buy and hold to wait for the upcoming results on 1st May. The coming quarter results should include the CNY as well as Hari Raya festival sales, which (hopefully) it is good and improving.
Keppel corp 0.14 dividends XD 25/04/18
possible after XD tomorrow price may fall back to 8.10 and hover around the 8.00 mark as before.
So the question is to decide the collect the dividends by holding on, or to sell it for profits by today.
Raffles Medical
A defensive stock that looks to break 1.20. The Chong Qing hospital will be opening in 2H18. which this is an excellent news that should give some positive boost to the price.
Not to mention there is 1% div per annum. It is not a lot, but its dividends have been stable and consistent since 2000.
Safe haven assets such as gold seem to have bottomed and could possibly rise again if the equities markets were to correct further.
Straits Times index
Personal list of stocks to look at:
Parkson
Parkson Retail O9E : totally oversold, a bottom has formed at 0.050.
Retail business has been turning around and changing business model Currently, the share lacks market focus. Yet this is a chance to buy when the prices are low for a good bargain.
No doubt volume is very low, it is good for to buy and hold to wait for the upcoming results on 1st May. The coming quarter results should include the CNY as well as Hari Raya festival sales, which (hopefully) it is good and improving.
Keppel corp 0.14 dividends XD 25/04/18
possible after XD tomorrow price may fall back to 8.10 and hover around the 8.00 mark as before.
So the question is to decide the collect the dividends by holding on, or to sell it for profits by today.
Raffles Medical
A defensive stock that looks to break 1.20. The Chong Qing hospital will be opening in 2H18. which this is an excellent news that should give some positive boost to the price.
Not to mention there is 1% div per annum. It is not a lot, but its dividends have been stable and consistent since 2000.
