RSI

S&P500, Nasdaq and Russell 2000 hit records, time to switch to underperforming markets? (24 Aug 18)

S&P500, Nasdaq and Russell 2000 hit records, time to switch to underperforming markets? (24 Aug 18) 954 607 Ernest Lim's Investing Blog

Dear all, S&P500, Nasdaq and Russell 2000 hit records last Friday with S&P500 closing at 2,875. However, our STI has dropped 11.8% after hitting a decade high of 3,642 on…

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Singtel hits multi-year low and all time oversold since 2000! (3 Jul 2018)

Singtel hits multi-year low and all time oversold since 2000! (3 Jul 2018) 1920 1030 Ernest Lim's Investing Blog

Singtel closed -$0.03 to $3.02, the lowest close since Jun 2012. Based on Bloomberg, it is trading at approximately 5.9% estimated div yield. Ave analyst target is around $3.92. Hence…

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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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STI slumps 198 points after hitting a decade high of 3,642 on 2 May! (30 May 18)

STI slumps 198 points after hitting a decade high of 3,642 on 2 May! (30 May 18) 1569 231 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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S&P500 – closed below its 200D EMA – a 1st since Nov 2016! (23 Mar 18)

S&P500 – closed below its 200D EMA – a 1st since Nov 2016! (23 Mar 18) 1024 203 Ernest Lim's Investing Blog

Dear all, Previously, I mentioned in my write-up dated 21 Mar that I am avoiding the event risk of the U.S. tariff package against Chinese (click HERE). This proves timely…

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Markets – whipsawed by multiple events (20 Mar 18)

Markets – whipsawed by multiple events (20 Mar 18) 1913 1027 Ernest Lim's Investing Blog

Our markets have been whipsawed by multiple events, such as rising inflation expectations and bond yields, protectionism (for e.g. Trade tariffs), upcoming FOMC meeting and sudden key personnel changes in…

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ThaiBev drops to almost a two-year low. Will it go lower? (23 Feb 18)

ThaiBev drops to almost a two-year low. Will it go lower? (23 Feb 18) 736 530 Ernest Lim's Investing Blog

ThaiBev has dropped 12% from an intraday high of $0.920 on 14 Feb 2018 (before the results) to trade at $0.810 on 23 Feb 2018. At $0.810, this was the…

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Ernest’s market opinion (27 Oct 17)

Ernest’s market opinion (27 Oct 17) 1915 1075 Ernest Lim's Investing Blog

Dear all STI has closed at 3,386, a fresh 29-month high. Some of you who have been less than 30% invested in their portfolios and have not added more exposure…

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Hatten Land – extremely oversold RSI 15; Analyst TP: $0.435 vs closing price $0.183 (23 May 17)

Hatten Land – extremely oversold RSI 15; Analyst TP: $0.435 vs closing price $0.183 (23 May 17) 1920 1032 Ernest Lim's Investing Blog

Hatten Land has dropped 39% from an intraday high of $0.300 on 28 Feb 2017 to close $0.183 on 23 May 2017. What has caused the sharp decline? Where is…

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