The STI rose once again on this second trading day of the week. The whole picture of the Singapore stocks seems to be rosy judging at the performance of the STI today. US financial cliff worries, concerns over the European debt crisis and economic watch of China seem to be on the backyard of investors and traders’ minds now. With such a likely optimistic picture of the Singapore stock market painted, it seems very tempting for retail investors to jump and enter the stock market now to grab a bite of the momentum of the stock market.

However, I would still prefer to be cautious now. While the STI is looking good and is rising, I would think now the STI has reached a level considered high amidst the current economic condition. Rather than entering the market now, I will now be doing some study of potential stocks to buy …