After going down in the last 3 months due to technological and trade war between the US and China, Hi-P is nicely supported at $1.12 and has shown sign of recovering probably due to the latest truce agreed over the weekend at the G20 summit .
Currently, all technical are in place and I am going to long this stock if it goes above $1.48 tomorrow.
Today, I did a review of our Unit Trust performance in 2018
In 2018, the Dow Jones Index peaked on 3 Oct. Since then, it had dropped 20% swiftly in 2 months and went into a bear market on 24 Dec, just before the holiday celebration.
European and Asia market were affected and dived as well
Most people who had invested in the market via Unit Trust or ETF would have suffered losses and many sleepless night.
For us, we exited the US equity market on 30 Aug and kept our fund fully invested in Singapore bond till today. We did not suffer any losses. Instead, our profit grew steadily in this volatile, treacherous bear market.
Below is one of the students Unit Trust investment porfolio. Her investment grew from $369 585 to $381 681 during this chaotic period.
We are able to achieve such performance because of our Unit Trust Investing System. By simply following the signal given by the system, our investment will grow steadily and safely regardless of market condition and direction.
Those who bought this stock can continue to hold as there is more profit to come.
In Singapore if you just leave your money in CPF, save in bank fixed deposit or insurance policy, you can never retire because the return is much lower than the cost of living and inflation rate.
You must either trade or investment your money so that you are able to retire especially in this age where the young(smart and savvy) and the robot(artificial intelligent) may take away your job anytime.
It is with this reason that whenever there are good stocks filtered out by my Ultimate Sniper Stock Trading System, I will post it on the net so that you can enjoy some of the best things in life.