Besides Energy, Consumer Staples and Real Estate are next worst stock sectors. This is what they are printing. Keep an eye in case they could be your early bear indicator. XLP and XLRE charts.
What if the Straits Times Index is printing a stock distribution pattern? That this sideway movement merely bought a year of delayed action to the next leg?
FB poll among Singapore stock market investors show most favour buying stocks if interest rates go to negative. This rush to yield explains why stock markets are rallying.
Capitaland fell 3.44% today on confluence of bad timing: Ex-Dividend selling and very bad news on the property sector. But there is something else in the chart too.