Dear readers, how have your Christmas shopping been going on? Yes, it is Christmas Day very soon and for us investors, whenever it comes to this time of the year, many investors would be on the lookout for what is termed as the Santas Claus rally. Santas Claus Rally is a term used to describe a fillip for the stocks markets entering into the last week of December into the new year which will see stocks enjoying some bull runs. Are we ready for Santas Claus Rally for the Singapore stocks markets, Singapore?

For the previous trading week ended 22 December 2017, the STI has been trending down consecutively. For the STI ETF, which tracks the STI, ever since reading an intra-year high of $3.51, the STI ETF closed at $3.44 with the STI now exactly at its 50-Days-Moving-Average which is below the 5-Days, 20-Days Moving Average. Will …