Learn How Joel Builds His Financial Empire


Free e-book on strategies to consistently profit from the stock market.

Exclusive premium content for Financial Freedom.
 
 

Market Analysis – August

Home / Blog / Market Analysis – August

Hi Community,

If you guys have checked out my previous 938 Live FM post, you would know that I had mentioned a pullback was due. It has occurred. 

Here is an update to our current markets.

Straits Times:

I would love to see a few more days of pullback or sideways consolidation before the next run. The pullback is a good opportunity to take up some long positions.

 

Dow Jones Averages Industrial Average:

I have taken the effort to show clearly on the chart that Dow Jones had been on an uptrend. Same as Straits Times Index, I would love to see a few more days of pullback or sideways consolidation before the next run. The pullback is a good opportunity to take up some long positions.

 

S&P500:

Waiting for profit-taking session to end. Once I see a confirmation white candle with strong bullish momentum, I will take up more long positions.

 

Disclaimer

The information contained in this publication / this website is provided to you for general information only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.  

Past performances is not necessarily an indication of future performance and performance attribution has not been verified by an independent party.

You may wish to obtain advice from a financial adviser before making a commitment to purchase any of the investment products mentioned herein. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest. 

Any views, opinions, references or other statements or facts provided in this blog/website are personal views and shall disclaim any liability for damages resulting from errors and omissions contained.