SINGAPORE STOCKS AND STI: AN IMPORTANT UPDATE NOW!

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.