DIYQuant System Singapore Market Analysis for Next Week 22nd - 26th Jan 2018 [Cautious]

SG Portfolio

This week, STI had a modest gain of 0.85% from 3520.56 to 3550.36. There were 3 new buys this week. It was like going for Chinese New Year shopping spree. The portfolio is currently holding a total of 6 stocks and the 3 of them which I shared freely back in 2017 somewhat maintained their prices. T24 (Tuan Sing) +31.51%, AXB (Yongnam) +50.00% and SK7 (OUE Hospitality Trust) +4.12%. 

Market-wise, the number of stocks on uptrend increased from 52% to 53%. A good sign but it is still not able to confirm the general trend reversal and it is still unclear how the US government shutdown (#shutdown, #shutdown2018, #GOPshutdown) may impact the market on Monday. So for next week, the system will continue to stay cautious though it may still add one or two more stocks to the portfolio.

Check out the current system performance at https://diyquantfund.blogspot.com

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