Investor Sentiments (July 2017)

How many of us still remember the Asia Financial Crisis which started out of Thailand in 1997? Fast forward, this year is the 20th year since it happened. And today, most of the markets, apart from China, is hitting all time high. Both our sovereign funds released their result last week and they also observed that it is getting difficult to find value in the current market.

Fear and Greed index from CNN money and sentiment survey from AAII.

Magic formula screen for Singapore stocks - 2

Happy Holiday and long weekend to all, it's been more than 6 months since I last posted the Magic formula screen for Singapore stocks. Let's take a look at the results if you were to invest in the list of stocks back then and the returns from these counters now. A slight change to the previous list was I have added SPH to the list.

On the last column, it shows the percentage returns of each of the counter, Green indicates that it is a gain and Red means it is a loss. We are already halfway mark into the year, how does your portfolio perform.

Are these stocks potential turnaround?

As the market continue to rise, there are not many cheap stocks to buy and invest in. With this in mind, I thought I will try on short term for a potential turnaround. While the whole world was worried about the Mad Fat Boy launching a missile, I was checking the past few weeks a few counters (including the below) and the TA looks pretty convincing,

What do you think of the below, both cut across the 200MA, you think got chance?