Singapore stocks closed 0.51% north today (18 Dec 2014), tracking the rally of US bourses and regional bourses as investors cheer the move by US Federal Reserves to increase interest rates judiciously. Though the US markets rallied by an average of 2% on 17 Dec 2014 (US time), the rally by Singapore stocks today seems more modest. I have actually expected the modest response which is quite different when the US markets headed south. When the US markets head south, the showing of STI on the next day seems more sensitive and if the US markets head north, the showing of STI on the next day would seem more modest. I believe currently there are more bearish investors than bullish investors on the Singapore stocks markets as Singapore investors will learn to plan their trades and investments more prudently rather than riding on the “coat-tail” of the US stocks ......