There are quite many speculative stocks (eg. surge over 100% in 1 day), may not be suitable for retail traders. It is fine to use small capital for speculative trading (小赌怡情) as now is still Chinese New Year, “buy very-high to sell very-very-high” may not be suitable for most people as volatility is very high, some may not able to cut loss when trend is reversed, holding the stock from original shorter term trading, becoming longer term investor which share prices could fall if business is declining without positive changes in direction.

With spreading of Coronavirus, some weak fundamental stocks in the right sector (eg. healthcare) are also supported due to speculation. Now even funeral service stocks may be speculated (unlikely for a few hundred death to change the fundamental of business). For example, Sinolifegroup (HKEx: 8296) does not have strong fundamental, speculation (price surged over 100% in 1 day) may be for very short term speculative trading with pure technical analysis, leveraging on market emotion. There are other much better funeral service stocks with strong fundamental (consistent growth due to predictable average lifespan of people).

Ein55 Mentor Kean Lim has shared a giant stock on funeral services (both in Australia and also Singapore – including the famous company – Singapore Casket, my mother-in-law was having ceremony there when passed away last year) in earlier Business Analysis (BA) course: Invocare (ASX: IVC) which has strong business fundamental for longer term investing but currently is bearish in short term prices.

In conclusion, each investor/trader should align the stock strategy (What to Buy, When to Buy/Sell, How much to Buy/Sell, etc) with own unique personality. Do independent thinking before making own decision in investing or trading.

Learn 10 safer strategies of stock investing/trading from Free 4hr course by Dr Tee. Register Here: www.ein55.com