Has The S&P500 Bottom Out?

From the last two recessions, S&P500 bottom out when the 4 weeks moving average of Initial Claim peak and improved.

If history repeats, S$P500 has bottomed out in March'20, so when is the right time for an investor to start investing the S&P500 if you have missed out from recent rally?

My views is with current S&P500 is overvalued based on the fundamental analysis, S&P500 likely will be trading in a range for the next two years. Be patient, wait till S&P500 down to less than 2640.

Silver Vs Gold Relative Strength Follow-up Update

Follow-up on post https://jimmytradingroom.blogspot.com/2020/07/silver-vs-gold-relative-strength.html

Silver last few days as expected broke up stronger than gold....

GBPCAD DAILY CHART TRADE CALL

Silver Vs Gold Relative Strength

Silver daily price Relative Strength Vs Gold just crossed the 150EMA, look set to accelerate to move up to narrow the gap.

How You Can Withdraw Money Out From your CPF OA Without Touching Your Money From Higher Interest CPF SA After age 55 !

Follow-up on my last CPF Post Questions And Answers from CPF You Should Know Before You Turn Age 55

Point number 2: Any cash out after 55 from CPF account, you need to draw out from SA first till the SA is empty follow by OA.


There is a  way to withdraw money out from your OA without touching your money in higher interest SA :

• You can use your OA money to invest in CPF approved investment as long as your QA more than a min-sum of $20k and SA $40k.
• After you invested the money, you can apply to close your CPF OA investment account.
• Any dividend payout or you decided to liquidate your investment, the money will pay to your bank account instead of CPF OA account
• If you like to invest your money from your OA account again, you can apply to open a new investment account.