correction

STI – Will it head for new YTD high after S&P500 clocked its 7th consecutive day of rally? (6 Jul 2021)

STI – Will it head for new YTD high after S&P500 clocked its 7th consecutive day of rally? (6 Jul 2021) 1331 367 Ernest Lim's Investing Blog

Dear all S&P500 and Nasdaq clinch fresh record highs last Friday with S&P500 clocking in seven consecutive days of gains in its longest winning streak since August 2020. Despite the…

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Recent weakness provides accumulation opportunities (9 Sep 20)

Recent weakness provides accumulation opportunities (9 Sep 20) 1474 729 Ernest Lim's Investing Blog

Dear all Based on Table 1 below, U.S. indices have fallen between 5.5% – 10% from the close of 2 Sep to 8 Sep. Nasdaq led the decline with a…

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S&P500 at 2,979 – limited potential upside (8 Sep 19)

S&P500 at 2,979 – limited potential upside (8 Sep 19) 1474 729 Ernest Lim's Investing Blog

With reference to my earlier write-up (click HERE) titled “Why am I cautious going into July…”, July was coincidentally the peak for S&P500. Hang Seng touched an intraday high of…

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STI – down 9.4% since 2 May. Correction coming, or buying opportunity? (19 Jun 18)

STI – down 9.4% since 2 May. Correction coming, or buying opportunity? (19 Jun 18) 1474 729 Ernest Lim's Investing Blog

With reference to my market outlook HERE posted on 11 May 2018, I mentioned at that time that I  have started to sell into strength, as I am cautious on…

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Ernest’s market outlook (24 Mar 17)

Ernest’s market outlook (24 Mar 17) 1920 1032 Ernest Lim's Investing Blog

Dear all, After 109 trading days, S&P500 finally staged a 1% drop on 21 Mar 2017. Is this the start of a correction? Let’s take a look at the charts.…

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Ernest’s market outlook (10 Mar 17)

Ernest’s market outlook (10 Mar 17) 1920 1032 Ernest Lim's Investing Blog

Dear all, S&P500 has dropped 28 points, or 1.2% from its intraday high of 2,401 on 1 Mar 2017. Is a correction coming?   S&P500 Just to recap what I…

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