Market Update 12/11 – 16/11
Well. The one last sector to keep the market up finally rolled over with oil prices plummeting – I should say I foresaw that with this post (Random Thoughts…) but yeah right just lucky with the post timing. So now the question is which names will still be decent to look into? The market valuations are coming back to decent levels, I think chartists are saying that the SET is trading is -1SD so that is interesting, but looking at the Sector multiples nothing is screaming buy yet…let’s see. 3Q18’s are all out, summary to come out later.