06 Feb 2018 a Memorable day where US DJI drop 1,1175 in panic selling due to the Feb interest rate hike.
This will serve as a reminder for myself that when the stock market keep going up like no tomorrow, it will eventually fall due to over bought and over valuation. The law of gravity never fail to work. Likewise, when it falls and falls, it become over sell and valuation become realistic and it is time of buy. That is the reason why Warren Buffett says: "Be fearful when others are greedy and be greedy when others are fearful."
One Year High and Low
High 3,609.24 (January 24 2018)
3,550.36 (January 19 2018)
3,530.69 (January 09 2018)
3,501.16 (January 04 2018)
Low 3,041.94 (February 03 2017)
3,008.22 (January 19 2017)
2,993.00 (January 12 2017)
2,954.14 (January 05 2017)
The Headlines:
US stocks suffered their worst falls in more than six years on Monday in a sell-off sparked by concerns of higher interest rates.
The Dow Jones Industrial Average index tumbled 1,175 points, or 4.6% to close down at 24,345.75.
As expected, STI was not spared and likewise drop 76.55 to end at 3,406.38.
08 Feb 2018 Dow Jones Industrial Average fall 1,032.89 points again.
09 Feb 2018 - When the world largest market fall, Singapore STI also end the week by falling 38.66 points.
See also;
Singapore Stock Technical Analysis
My Dividend Investing Strategy
STI ETF - Exchange Trade Funds
How Can I Start Trading Stocks In S'pore
Straits Times Index Stock Price History
Credit Card That Saves You Money
Online Shop That Saves You Money
Main Menu : The Averaging Dividend Investor
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