It is my practice that in a Down day like yesterday where Dow closes 204 points down (ends at 12,759) and almost every sector in the red, I will take note of any stocks that are resistant to drop. These are stocks that will run whenever the market gets better.
I know that a lot of us avoid looking at market in a down day. Bcos we lose $. But to be a good trader, it is where we need to work doubly hard to search for stocks that are GEMS in the woods.
Eg. Yesterday some stocks that are resistant: Amazon (AMzN), McDonald (MCD), Procter & Gamble Co (PG), Intel (INTC), KLA-Tencor Corporation (KLAC)
Btw I will be sharing on the TOP 5 Defensive & Resistant US stocks that we need to watch out this month. I will show you how to trade with a local broker in Singapore on US stocks if you want.
Come for our seminar next week! Pls register fast...
<<Secrets of the US stock market & How it affects Singapore market>>
on 13 Mar (Tue) English Session OR 14 Mar (Wed) Chinese Session.Do recommend your friends to this workshop!
You shall learn
1) US market important economical reports and implications
2) Outlook of Singapore and US market
3) Top 5 DEFENSIVE & Resistant stocks You must watch out for this month and which Sector is in play now?
4) A strategy to know the direction of the market this month instantly
Date: 13 Mar 2012, Tue 7.30pm - 10pm (English) OR
Date: 14 Mar 2012, Wed 7.30pm - 10pm (Chinese)
Venue: 141 cecil street, Tung Ann Association Building
Tanjong Pagar MRT exit G, walk straight 80m, opp traffic light
Speaker: Daniel Loh (Raffles Business International Director, Mr Hu Li Yang partner, US Stock & Options Trainer)
To register pls click here
or SMS <Name><Email><HP><Date><Number of seats> to 93676623