Tuesday, 19 June 2018

STI is the Only Flower stuck in a pile of Cow Dung! - The only major index in Asia that is in the Green

Dear Friends,

A few days ago, I issued a post on where I think is the accumulation area of STI - 3300-3350. Yesterday it dropped into this region.

Posting a few days back:

And last night, Donald Trump issue another threat on China saying he would implement 10% tariffs on US$200B worth of China Goods.

This scare the hell out of Asia market again. 

Today Hang Seng has dropped 650 points, Nikkei 300 points, Shanghai Composite 90 points!


But wait a minute, Singapore STI is up by near to 10 points now! 

What on earth is happening?

In Chinese, this is called, "一朵鲜花插在牛粪上 ”, meaning
"One flower stuck in a pile of Cow Dung".

In trading, we call this phenomenon "Resilience"

This is one of the most important concept when it comes to trading.

In a down market, i always study which stock index is still in the green.
In a sell down day, i always study which stock still is still strong.
In a lousy month, i always study which sector has a positive month.

This is the stock index, the sector or the stock that is more resilient than the others.

When market recovers, they will run faster!

I always say in investment "Don't worry about a Down Day!" "Down days are what differentiate the Warriors from Cowards!"

Daniel Loh

Leave your friend's email on www.danielloh.com to receive daily Tips and Live updates on Market
Add us on Facebook: https://www.facebook.com/DaniellohInvestmentGroup/

"To achieve Financial Freedom, Be Financially Educated" - Daniel Loh

Radio FM958访谈 2018年11月15日:世界股市展望 - 现在是熊市吗?

·         美国 股市担心苹果业绩,巴菲特却大胆投资! 道琼斯昨晚闭市在 25080 ,掉了 205 点。在这 10 月 11 月道琼斯的波动都相当大。有很多投资朋友开始怀疑熊市是不是已经来临了。我的答案是还没有。这个跌幅反而是好时机进场。大家不用太担心。 ...