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Tuesday, June 4, 2013

Bears are tired while Bulls attack

The Straits Times Index dropped from a 5 year high of 3600 to 3300 in two week period. Blue chip stocks like ST Engineering and GLP see some fluctuation in stock prices. However, the tide is turning around with some good news.

Spain's economic position improved as it sees better export numbers.

Source: http://www.bloomberg.com/news/2013-06-03/spain-s-crisis-fades-as-exports-lead-the-way.html



This correction period could be a good chance for investors to buy stocks. A further bull run in future may occur as interest rates around the world remain low. 

Good luck to all investors.

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