Chart 1_S&P500 returns around recession 23 May 22

Markets – possible technical rebound in the near term but likely short lived (26 May 2022)

Dear all I have been extremely busy with work, hence the dearth of articles on my blog. Dow has closed lower for the eighth consecutive week. This marks the longest period of consecutive weekly losses since 1923! S&P500 has registered a seventh week of losses, its longest weekly losing streak since March 2001. Are the markets going to drop into an abyss? Or has the bottom been reached? Before we delve into this, let’s recap on my earlier market outlook article dated 4 Apr 22 (click HERE). Previously, I wrote that I am more inclined towards the bearish / prudent […]

Analyst target 5 Mar 20

ARA HTrust – most oversold stock in Singapore with 10% estimated div yield (5 Mar 2020)

Dear all, Yesterday evening, as I run my stock screening via Bloomberg, ARA HTrust comes out to be the most oversold among Singapore listed stocks yesterday with a RSI of 8.2. This is its most oversold level since listing. ARA HTrust has tumbled approximately 22% from an intraday high of US$0.900 to close at US$0.705 yesterday, which is the lowest close since IPO. Why does it attract my attention? Read on for more.   A) Chart – Selling pressures may ease as oversold pressures escalate Based on Chart 1 below, ARA HTrust is entrenched in a downtrend. All the exponential […]