Dear all
On 5 Apr, I have posted a write-up (click HERE) on the potential actions that clients can consider to do for their portfolios. Clients and readers who have benefitted by opening margin accounts or used their margin account to add stocks on weakness should be sitting on some good returns.
Based on Table 1 below, Hang Seng, STI and S&P500 have jumped 12.3%; 8.2% and 19.3% respectively from the opening levels on 7 Apr. (I chose 7 Apr opening levels as they are more representative as most only take actions post my write-up.)
If we based on the lows seen on 7 or 9 Apr, the gains would even been more substantial. For example, Hang Seng and STI have rallied 20.9% and 15.5% respectively from their intraday lows on 9 Apr.
Given how much markets have rallied amid the continual uncertainties, is it time to take stock of
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