Sunday, May 1, 2011

SGX Market Review April 2011

April 2011 was a bull run for SGX with index continuously moving upwards almost without any pause for more than 2 weeks. The move started in mid March and ended in Mid April gaining almost 10% within a month. This is the strongest since year 2011. It nearly recoup all the losses for the year. Last week's trading was almost all negative. Will this be a signal of the end of bull or a small pause to re-adjust itself?
Market seem to be announcing good news continuously. Will there by bad news after that? Will the impact of Japanese Tsunami be felt worldwide in the tech sector come June and July? I have no solid figures to look into these. I can only be guessing. To play safe, should I be staying at the sideline until July 2011?

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I'd like to share my experiences and knowledge about healthy and happy living as well as mid-life crisis. 不以物喜,不以己悲。