Singapore:
STI
has been hovering around its 2018 peak ~ 3609 last week. Few issues
were overwhelming market meanwhile, such as flattening yield curve in
US, confident shaken in Tech stocks, etc. Next week we are entering May,
which used to be a SELL month. FOMC falls on next week as well.
Investors are encouraged to take profit and position on undervalued
stocks continuously along the journey. As volatility is getting higher
in US, more opportunity could present.
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).
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