Thursday, 24 April 2014

DOW JONES BULLISH EARNING SEASONS TO DRIVE INDEX HIGHER - 1 STEP CLOSER TOWARDS 17,000

Strong earnings season from ALCOA, INTEL, MICROSOFT and APPLE to drive the DOW JONES higher towards it record level. We are 1 step closer towards 17,000. This is a bullish market for stock in APRIL that will carry forward toward MAY 2014. Do not be sway by the SELL AND GO AWAY MAY theme, we are staying BULLISH accumulating stock with potential to rally forward. Towards the end of APRIL and START OF MAY, it is the SEASON to hold stocks and collect DIVIDENDS. Of course PENNY STOCKS, we are confident that rotational plays with key theme such as COMMODITY, MARINE,AEROSPACE,OIL & GAS EXPLORATION and WATER is the right way going forward in 2014. We our self do hold stocks that pay remarkable dividends to grow our asset base as a hedge for inflation given that local 3 SG BANK pay such pathetic saving rate%(0.05%), why not let your money work harder for you in the STOCK MARKET?
 
Every dip is an opportunity to accumulate in the later part of 2014 that will set its stage for rally in USA, EUROPE AND CHINA. CHINA will start its mega stimulus later next month in infrastructure spending such as building rail, roads and power. USA is on track to cut its stimulus to curb inflation risks and ensure that its economy go on the right directions.
 
 

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