Once again I did not find any potential superstock of the week despite finding a number of promising stocks with good technicals. On ...

Weekly Superstock Scan 23 July 2018 - 27 July 2018: Nil

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Once again I did not find any potential superstock of the week despite finding a number of promising stocks with good technicals.

On the US front, we are looking at ARC, GV, HTGC, LPTH and TPVG. Unfortunately none of them have good enough fundamentals for me to consider them as superstock. Similarly for the Singapore market, Innotek had good technicals but not good fundamentals.

This has been a slow start to the second half of the year and a slow year in general. With the market in a range rather than in a strong trend like last year, the slowness is expected to continue till the end of the year. Instead of forcing less than optimal trades, I would rather focus my time on developing other strategies that can boost my income in quiet times like this. I will be more than happy to share my strategies after I have backtested them sufficient enough.


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