SINGAPORE STOCKS AND STI: AN IMPORTANT UPDATE NOW!

-

Singapore Stocks
Dear readers, the Singapore Stocks STI index retreated 0.86% yesterday. Yes, as what many analysts have said, the STI is overbought. One clear evidence of the Overbought STI is the Overbought STI ETF, an ETF which tracks the STI. The STI ETF is currently Overbought and so are the following STI constituent stocks:
1) Ascendas Reit

2) CapitaCommercial Trust

3) Capitaland

4) City Development

5) Genting Singapore

6) Hongkong Land

7) HPH USD Trust

8) Sembcorp Industries

9) SGX

10) SPH

11) ST Engineering

12) Thai Beverages

13) UOB

14) UOL

15) Venture

16) Yangzijiang

As could be seen from the above, the STI is currently more than half Overbought. Investors who wish to enter the stocks markers would have to be aware of the fact unless investors have a longer term goal to stay invested in the selected stocks. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

Popular posts from this blog

10 WISE SAYINGS FROM THE BHAGAVAD GITA

-
Image
THE BHAGAVAD GITA , often referred to simply as the Gita, is a 700-verse Hindu scripture that is part of the Indian epic Mahabharata, dated to around the 2nd century BCE to 2nd century CE. It is composed in the form of a dialogue between Prince Arjuna and Lord Krishna, who serves as his charioteer.
Read more

MARKETS CORRECTION: WHAT SHOULD INVESTORS KNOW AND DO NOW?

-
Image
Dear readers, I know the Singapore stocks markets have performed not good at all for the previous two trading days. And I believe what every investor has on their minds now is whether the stocks markets are going to crash soon. It is an inevitable feeling since when stocks markets go into a bear market; it really takes some time for the stocks markets to go down by some percentage on a daily basis. Hence faced with such a situation, investors naturally thought of doing any of the below.
Read more