Wall Street hits new record closings

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#1
The bull is coming....Big Grin

Wall Street hits new record closings

NEW YORK — The Dow and S&P 500 hit record closing highs yesterday (Aug 1), with the S&P 500 topping 1,700 after strong data on factory growth and as major central banks said they would keep monetary stimulus in place.

Stocks were broadly higher, with all 10 S&P 500 sectors in the black. Growth-sensitive financials, industrials and consumer discretionary shares registered the biggest gains. The Dow transportation average rose 3.2 per cent, also at a new closing high.

http://www.todayonline.com/business/wall...d-closings
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#2
Singapore STI has to "follow".
But most SGX component stocks's prices move forward and backward around the same spot. Some Reits are even 10-20 % below their recent peaks. Another words, SGX market or most markets in ASIA are wayang, wayang only.
Anyone any different observation or opinion?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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