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Straits Times Index to trade in tight range

Last week was a week of tussle between the bulls and the bears. The Straits Times Index managed to trade above 3530 level by going beyond this level at the start of the week. Bullish efforts were quickly being countered by the selling pressure during mid week as market participants were unable to find new reasons to support the market.

Straits Times Index facing resistance at 3530 level.

The Straits Times Index continued its bullish streak last week. Buyers were positive of the upside and were seen buying during the early week. This leads STI to reach its resistance level at 3530 level. However, the resistance level at 3530 level seems to be firm. This prevented STI from going higher as profit takers were seen dominating the market.

Performance of Securities Wrap Portfolio for 2017

Since 2016, I have been talking about this Securities Wrap service which some of my clients had adopted. Let me briefing explain how this Securities Wrap service works. Traditionally, it has been part of the securities regulations that Trading Representatives like me are not allowed to give advices on client’s investment positions.

Selected client's investment portfolio performance for 2017

Many of us had gone through the bountiful year of 2017 as the market rallied more than 18% in the year. As I have already reported my personal investment portfolio returns for 2017, I will also be reporting the portfolio performance of my client’s group whom I have been tracking for years.