Sunday, 10 August 2014

Asian Markt Rise on Wall Street Surge

Asian markets have gone up today following Wall Street's surge last Friday.

I managed to buy more of Penguin on Friday after it released a strong set of results on Thursday night.

I am making purchases selectively today as my portfolio has a high level of cash after the recent selling.  However, it is still early to conclude if the market will sustain its bullishness; hence, it is good to have a balance of stocks and cash in the portfolio.

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