Reflecting on the first half of 2024, the Singapore stock market exhibited relative stability. As of the close on June 20th, the$FTSE Singapore Straits Time Index(.STI.SG)$, which mirrors the trend of local blue-chip stocks, had risen by approximately 1.7% year-to-date. Meanwhile, a frenzy for artificial intelligence has buoyed the US stock market, with the$NASDAQ 100 Index(.NDX.US)$and the$S&P 500 Index(.SPX.US)$repeatedl...
1. Avoid Buying Stocks During a Market Rally: - When the market is doing exceptionally well, it may be tempting to buy stocks. However, Cramer advises against this because prices are high and may soon drop. 2. Sell Winners When They Are at Their Peak: - Instead of buying more, consider selling some of your successful stocks when they are doing their best. This allows you to lock in profits. 3. Don't Buy When the Market Feels "On Fi...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(SEP4)(ESmain.US)$(4 Hour Chart) -[BULLISH ↗ *]S&P futures drifted higher. We turn bullish with low conviction for now as there are no levels for a good risk to reward play. As long as price is holding above short term support of 5540.00, a bounce towards 5600.00 resistance is expected. Technical indicators stay bullish for now. Alternatively: A 4 hour candlestick close below 5540.0...
US markets were closed, leading to a pullback in European indices, with real estate and tech sectors falling over 1%, while the mining sector rose, supporting the UK market for a second day. UK key inflation indicators came in higher than expected, causing European bond prices to fall and yields to rise across the board, with the 2-year UK bond yield rebounding from a three-month low. Following the UK CPI report, the pound reached a daily high, and the dollar index turned negativ...
Market closed rather flat on Tuesday as traders and investors display not much conviction ahead of the Wednesday’s holiday. On Thursday morning (20 June), futures contracts are pointing to another flat opening for the index, following lower-than-expected Retail Sales data despite strong manufacturing data. Investor Sentiment Much Improved Investor sentiment much improved, as indicated by the AAII Investor Sentiment Survey last Wednesda...
The Congressional Budget Office (CBO) now projects that the US government budget deficit will near $2 trillion this year, a significant upward revision of 27% from previous estimates. The CBO also forecasts that over the next decade, the deficit will equal or exceed 5.5% of GDP each year, marking the first time since the 1930s that it has remained at such a high proportion for over five consecut...
103617817 : good
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