Over the past few weeks, we have seen the US market selling off on concerns of inflation remaining high and also potentially more rate hikes…

 

This has also led to weakness in the SG market with the local banks selling down as well after a brief rebound seen in May.. ๐Ÿ˜ข

 

๐’๐จ ๐ฐ๐ก๐ž๐ซ๐ž ๐š๐ซ๐ž ๐ฐ๐ž ๐ง๐จ๐ฐ ๐š๐ง๐ ๐ข๐ฌ ๐ข๐ญ ๐š ๐ ๐จ๐จ๐ ๐ญ๐ข๐ฆ๐ž ๐ญ๐จ ๐ฌ๐ญ๐š๐ซ๐ญ ๐ ๐ž๐ญ๐ญ๐ข๐ง๐  ๐ข๐ง ๐จ๐ง ๐๐ข๐ฉ๐ฌ ๐š๐ ๐š๐ข๐ง?

 

 

Joey here, Top Tier Remisier and Trader in Phillip Securities.

 

Watch this video as I do a quick analysis on the SG banks DBS, UOB and OCBC and where are the bargain hunting levels to catch any potential rebound… ๐Ÿ˜…๐Ÿ’ช

 

We may see some short term weakness still unfortunately…

 

but if you are positioning yourself for the longer term, it may actually present some opportunities..

 

Let’s see…  ๐ญ๐š๐ค๐ž ๐ง๐จ๐ญ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐”๐Ž๐ ๐ฐ๐ก๐ข๐œ๐ก ๐ข๐ฌ ๐ค๐ž๐ฒ… may see further weakness if that is broken..

 

Watch here  >> https://youtu.be/fsQpyqRt3gM

 

 

 

 

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