Friday, 26 February 2016

MARKET OUTLOOK - WALL STREET GETTING BULLISH WITH ANOTHER RALLY

It was a different picture for the Straits Times Index yesterday that set a bearish picture on Thursday. However, the U.S wall street was in a mood for a nice rally from the start to the end. Wall Street was inspired with strong economic data such as the USA durable order goods showing a strong picture for the manufacturing sector. With sectors of stock showing low valuation, investors in US may be snapping up bargain as well. For the Singapore Market, the bullish tone is not yet reflected onto the market yet. However, it is always good to buy when there is a panic-selling going-on and look into many trading opportunities ahead.
 
 

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