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Aug 12 2013 Singapore stocks and more with Jonathan Tan

So far there is no Raya and NDP rally. There are several dark clouds looming in the horizon. Breakouts in US and Hang Seng, including Straits Times has failed or in the verge of failing. A lot of warning signals are being seen throughout the chart potentially telling the investors to be extremely cautious. And this is where a lot of traders will be salivating. Just like a lioness waiting by the bush looking for its prey (lion don’t hunt). How will that affect banks such as DBS, OCBC and UOB which has been pulling Straits Times higher?
Find out what it is in this week video edition.

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