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Fattycat

UOB is first out with earnings today. A bit disappointing.. Over the next two days, OCBC and DBS will follow.I am not ex…

UOB is first out with earnings today. A bit disappointing.. Over the next two days, OCBC and DBS will follow.

I am not expecting great results from OCBC because GE’s latest figures will likely weigh on their bottom line.

On the other hand, I feel good about DBS. They have such a large business base that I am confident they can meet or even beat analyst forecasts ….. unless they have to book impairment losses on their Indonesia investments due to political matters. That is the only thing I am keeping a close eye on.

Trade safely and don’t catch the falling knife. Don’t chase. Market is always there.

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Captain's Watch
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