Several days ago, one of my group members seeing the Gold price was dropping texted me a question asking whether she should take profit after the gold price has been running up so fast in so short a period. If you are familiar with stock investing, you might have heard the idiom says, “what goes … Continue reading Should We Take Gold Fund’s Profit Now?
Gold prices had its worst performance since April 2018. It has dropped 12.7% from April 17th 2018 to August 17th 2018. On its way down, there were several rebounds which triggered some hope to gold traders and investors alike. But they turned out to be just a temporary technical rebounds and later dipped even deeper. … Continue reading Gold Poises the Best Test for Greed and Wisdom
Interesting to note that markets have been stereotyped for this while. Anyone who has been paying attention would have noticed a certain pattern. First, it is the US dollar value has been steadily rising no matter what happened. It just moves its way up without any hindrance ahead seemingly. Its appreciating value has been pushed … Continue reading August Market Watch
In response to Trump’s firing trade war with China, US equity markets reacted with another huge drop since February in last 2 trading sessions. It ended with the same level as the previous low which is technically defined as the 10% market correction. (Chart A) However, looking at the major trend by plotting the tops … Continue reading Critical Market Observation
At the start of the New Year 2018, we saw US stocks shooting to the sky, moving vertically up defiling any human logic. There was no spectacular news propelling the upward movement except for the process of Trump’s corporate tax deduction laws getting through the approval debate. Then come the first week of February, the … Continue reading Waiting for the Crack
Recently, prices of Gold has been surging crazily straight up from US 1,238.50 (per oz) on December 12th, 2017 to USD 1,338 on January 17th, 2018 (Chart A~ Prices of Gold ran up in a month). Rhb Gold and General Fund has snatched a profit of 11.5% merely in a month by January 17th 2018. … Continue reading Golden Opportunity?