Global Stock Market Indices PE Ratio At a Glance – Jan 2012
January 4th, 2012 by Marubozu
Straits Time Index (STI) is the cheapest stock index base on PE ratio.
Archive for the 'Singapore Stocks' Category
Yangzijiang: Trading in a Symmetrical Triangle
December 21st, 2011 by Marubozu
Yangzijiang is trading within a Symmetrical Triangle. Watch out for a breakout.
Capitaland: Break Support!
December 19th, 2011 by Marubozu
If Capitaland cannot return back up to $2.33, this support will turn resistance and the stock price will be heading towards $1.964.
- Fundamentally the stock is under value base on NAV and PE ratio.
- Technically Capitaland stock chart is bearish. The stock is on down trend and recently drop back into the down trend channel.
- Base on Macro-economy, Capitaland has exposure in China. There is a high probability of property bubble in property sector.
- Recent ABSD (Additional Buyer Stamp Duty) also dented the investing sentiment in property counter.
This is a classic example that stock market is very much emotional rather than logical.
This post is orginally from My Stocks Investing Journey.