Far East Capital Newsletter
The next move after a weak March could be a useful rally
26 Mar 2017

In This Issue


The next move after a weak March could be a useful rally

We expected the markets to be stronger in March but our earlier positive notes seem to have been off the mark. While the recent falls have brought back many stocks into their buying ranges we are still waiting to see what will actually prompt another round of buying. Until we get a general signal to go back into the market the best trades are likely to be news flow specific.

It is still difficult to imagine the the weakness will continue all the way until the seasonally slower period in May/June. A rally is more than possible over the next six weeks, even though it might not be convincing. 

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