Market around the GLOBE are trading in BEAR MARKET TERRITORY after DROPPING 20% from its 52-weeks high. We feel this market is getting very jittery ahead of the FOMC in SEPTEMBER 2015. For the days ahead, the stock market will be very volatile and big intra-days SWINGS. We will of course try to grab for the SWINGS with big TRADING OPPORTUNITY.
For the STRAITS TIMES INDEX, the INDEX seem well supported by the UPCOMING SEPTEMBER ELECTIONs which hope would give some cheer to our LOCAL community.