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STI finally cracks and start selling down in earnest. -55pts now.
sgbuffett

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#1

26-09-2022, 02:42 PM
It has been doing well all year while the Dow Index fell.
Until today. It start to crack.

The stalwarts in energy like Keppel and Sembcorp Industry held up strongly until today.
It is very unlikely the recession in Europe and US spread to Singapore. are in a sweet spot with high regional growth.

Sharp falls in Dow may drag STI down but it should avoid a deep correction. 

Majn reaso  for the drop is Fed raise the rates sharply and finally pull oil and commodities down. These have been helping to prop up the market.
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Sharexchange

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#2

26-09-2022, 02:43 PM
The end is starting
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RiseofAsia

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#3

26-09-2022, 03:16 PM
Scary sia.
BTC 19k strong support look like uplorry already….
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sgbuffett

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#4

26-09-2022, 03:19 PM
(26-09-2022, 02:43 PM)Sharexchange Wrote:  The end is starting

.looks like one of those margin call liquidations.
Around 2pm heavy dumping.

[Image: FofdOZQ.jpg]
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forum456

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#5

26-09-2022, 03:28 PM
(26-09-2022, 02:42 PM)sgbuffett Wrote:  It has been doing well all year while the Dow Index fell.
Until today. It start to crack.

The stalwarts in energy like Keppel and Sembcorp Industry held up strongly until today.
It is very unlikely the recession in Europe and US spread to Singapore. are in a sweet spot with high regional growth.

Sharp falls in Dow may drag STI down but it should avoid a deep correction. 

Majn reaso  for the drop is Fed raise the rates sharply and finally pull oil and commodities down. These have been helping to prop up the market.

you are genius, nothing can escape your insight in equity market !
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p1acebo

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#6

26-09-2022, 04:04 PM
(26-09-2022, 03:28 PM)forum456 Wrote:  you are genius, nothing can escape your insight in equity market !

are you being very sarcastic or just plp? Big Grin
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singlon

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#7

26-09-2022, 04:07 PM
SGD weakens
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winbig

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#8

26-09-2022, 04:10 PM
(26-09-2022, 04:04 PM)p1acebo Wrote:  are you being very sarcastic or just plp? Big Grin

If reverse indicator then is being sarcastic. If zhun then is plp.  Laughing
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p1acebo

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#9

26-09-2022, 04:12 PM
(26-09-2022, 04:10 PM)winbig Wrote:  If reverse indicator then is being sarcastic. If zhun then is plp.  Laughing

Rotfl
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