This week's report is shared freely in this blog.
STI has a slight drop this week after a nice rebound the previous week. STI fell 1.23% for the week. After the outcome of the US mid-term has been decided, with Democrats taking over the House majority, investors returned their focus on the ongoing trade war and interest rate hike.
No change to the portfolio this week. Portfolio continues to hold 1 stock and lots of cash.
Percentage of cash: 87.5%
The percentage of uptrending stocks: Increased 1% to 25%.
Despite the slight drop in STI, the percentage of uptrending stock actually increased by 1%. A good sign but still too early to tell if the market is rebounding. Stay cautious and continue to trade with care. Have a good weekend.
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