Summary of Asset Classes Performance in April & Outlook for May:
Going into May, we are bearish on Bitcoin, Gold, Singapore Equities and the S&P 500. Meanwhile, price consolidation is likely for Oil. Conversely, the Hang Seng Index will likely remain a bright spot and US Treasury Bonds are expected to post a modest rebound.
TABLE LEGEND
Red shading = Downtrend, Negative Returns/Outlook
Green shading = Uptrend, Positive Returns/Outlook
Gray shading = Range Consolidation, Neutral Returns/Outlook
I analyze the stock market and conduct technical analysis to provide investment recommendations. I look forward to having a conversation with you in our in-house seminars and presentations to identify good risk-reward trading strategies together. I graduated from Nanyang Technological University with a Bachelor of Accountancy (Honours).
