Part of my overall strategy in deciding the level of exposure in the market will have to deal with Market Psychology, Valuation and Technical.
Certain markers that I use to determine whether to add more or not will be the price vs the 50 day and 200 day moving averages and MACD reaction.
Weekly
This is a 5 year chart and investors in late 2008 will have been happy. We are at a stage where easy money probably have been made, and the PMO seems to be still humming along.
The EMAs are still spread out nicely on a long term charts. It takes a lot of price changes to result in the 20 day EMA or 50 day EMA to cut the 200 day and it is a delay signal.
Shall remain vested but vigilant
Daily
Very short term price looks very overextended and w are near november highs. Interesting times. We should see a short term pull back but I like the look on the PMO around 0 for short term. It shows plenty of opportunity to move up.
I run a free Singapore Dividend Stock Tracker available for everyone’s perusal. It contains Singapore’s top dividend stocks both blue chip and high yield stock that are great for high yield investing. Do follow my Dividend Stock Tracker which is updated nightly here.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
Readers also follow Kyith to learn how to plan well for Financial Security and Financial Independence.
Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend.
You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.
His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
You can read more about Kyith here.
- $50,000 Portfolio to Supplement Lifetime Critical Illness Coverage. - June 5, 2023
- The Beauty of Having Low Essential & Basic Expenses - June 3, 2023
- Singapore Savings Bonds SSB July 2023 Yield at2.82% (SBJUL23 GX23070H) - June 1, 2023