Last year the May Effect didn't occur. For the 6 days since 1st of May 2015, the Singapore stock market has been trending downwards. Is the May effect back?
Back or not, I'll be closely watching my watch list prices. Not because I want to sell off stocks to "minimise loss", but to watch out for great opportunities and scoop some value good stocks to add to my portfolio.
Currently watching out for:
- CMT
- OCBC
- Sheng Siong
Pity I'm very low on my war chest now. I need to make very wise decisions in deciding what to buy.
Happy shopping everyone :)
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