We will stay quiet a while after Oil dipped below USD 40 and Dow Jones dropped more than 300

Even though our forecast that oil and RM will recover in 3 to 6 months.  Oil dropped below USD 40 and may try support of USD 35 sparked more energy sell-off.

We will do nothing unless we see  any bargain value in oil related stocks or our top picks. 

Last week we have bought Gold and ALSREIT as part of our enhancement in our asset oriented portfolio.

Year-end December rally suppose to be in town. Oil crisis continue to drag down the tradition.  Possibly January will be a better bet for a good month ahead. 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a free website or blog at WordPress.com.

Up ↑

%d bloggers like this: