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Thursday, 13 July 2017

Daniel Loh on Air 170713 - cautious in equity, favour gold

Summary

Cautious on US market as it runs up too high.
Wait for deeper correction ( around 5% ) before considering to invest in US market.
S&P 500 resistance at 2500

Gold - strong support at 1200. At current level, it may rebound.

Looking to invest in sectors which have not run up yet in Singapore market eg
Telco, Commodities, Medical

Cautious on Hong Kong Market as it has run up too fast. Suggest to take profit.

Source : Radio Capital 95.8 FM


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