DIYQuant System Singapore Market Analysis for Next Week 8th - 12th Jan 2018

SG Portfolio

STI started the year on a good note. This week, STI went up a 2.5% to close at 3489.54 on Friday. It managed to break through 3500 on Thursday but came down on Friday. A good start for 2018. The number of stocks on uptrend increased from 51% to 52%. It is still too early to say that the overall trend has reversed so the system is maintaining it's defensive mode until the trend can be further confirmed. That's why currently the portfolio is only having 3 stocks and about 70% in cash. Eventhough the index is up, not all the stocks are in the same hype, I believe only the big caps are rising and small caps are not moving that much. For a healthy uptrend, small cap should also be moving. We'll see how it goes next week and the system may start to load up.

(The stocks below were shared freely in 2017. From 2018 onward, new stock buy/sell will only be shared exclusive with paid subscribers. Find out more at the subscription page)

Current portfolio holdings and %PnL+Div 
T24 (Tuan Sing) 28.77%
AXB (Yongnam) 43.48%
SK7 (OUE Hospitality Trust) 2.35%

Check out the current system performance here.

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