Wednesday, 3 December 2014

Contradicting situations or maybe not

DJIA @ 17,879.55
S&P @ 2068.02
Record highs since 2008 while the STI struggling to get past 3400. This is just because of the nature of investors in Singapore, they are less risk adverse. Nonetheless,  we are seeing market tops all around us. As i suggested before many many times, we will break to new highs before the next big crash.  This is how markets move, this is the natural law.
Slumping energy prices will have effects on energy exploration, extraction and refining companies. There will be more M&A activities over the last quarter of this year.  Oil has collapsed into a bear market as global demand has slowed.
These may seem like contradictions but they are not.  We are getting ever so close to the tipping point by 1st quarter 2015. I am getting ready,  Are You?

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