Well, Thursday's jobless claims posted disappointing results as jobless claims rose and US retail sales fell 0.3%. But market gave a late rally due to banks. It's earnings season in January so I estimate that January will be a bullish month provided the earnings are good. As for Singapore side, STI is going up but I see many stocks are either stalling or dropping.
Friday, January 15, 2010
Another high
Well, Thursday's jobless claims posted disappointing results as jobless claims rose and US retail sales fell 0.3%. But market gave a late rally due to banks. It's earnings season in January so I estimate that January will be a bullish month provided the earnings are good. As for Singapore side, STI is going up but I see many stocks are either stalling or dropping.
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