Sunday, 13 January 2013

Singapore Property Stocks gap down on open on Monday, what you should do?

Dear Friends,

I think by now, all should have known of the bombshell our government drop on housing to cool the housing market.

See this news to know more:

This is perhaps the most severe of all measures, and definitely housing companies will be affected.

My opinion is that if you have porperty stocks at hand, please don't sell away on monday at the opening minutes. What is lost is lost. If your stock gaps down, let it be. Let the panic subside. Trying to sell in a panic is the last thing you want. Always know that this measure will not immediately make an impact on the earnings of your property company. If your stock is having business overseas, then all the more it won't have any impact on its bottomline. So just hang on.

For those who thinking of shorting the stock, I do not encourage that. Market makers are too clever for you. By gapping the stocks down, they will try to maintain liquidity. If you short it, you may be against them. Even if you want to short, do not short during the first 60 minutes. I would encourage you to short only after Monday when you think your stock is weak.

For those that are holding on to stocks, expect the market to drop a bit, STI to be down because of the property stocks. However always remember that the fundamentals of the market in general is still bullish. I might even add some positions to my portfolio if I spot any strength in the any stocks amid the drop! 

And contrary to what you might think, one sector I will be watching to buy is the PROPERTY SECTOR, when stability returns.  I will be aiming at those property stocks whose money is not made in Singapore, but overseas, like China. Hope they are pulled down!   ;)


958访谈 2018年7月26日:欧美贸易战美国胜利驶到股市大涨!买什么?

·         欧美贸易战美国胜利驶到股市大涨! 道琼斯昨晚闭市在 25414 点,涨了 172 点。 一个月前我们曾经在节目中有说过,道指在 24100 点的时候大家一定要投资,是捡便宜的机会。果然,道指从当时候从 24100 点已经跑了 1300 点。 ...