Last week financial headlines were either dominated by the impending local election or the worsening COVID-19 situation in US. The latter is spooking investors so much so that Dow Jones dropped 700 points on Friday alone. The local STI was trading within a very tight range throughout the week, and clearly losing the steam to surge further upwards given the COVID-19 concerns. It is likely that STI will mirror Dow Jones and fall come Monday 29-Jun-2020. Reflecting on my trading activities last week, they were mainly to continue to buy/add more of my favourites – Suntec Reit and Mapletree Commercial Trust to my portfolio after they had dropped ~ 10% from recent their highs. They were small nibbles. I am holding back because I feel that if the COVID-19 situation in US doesn’t improve, their share prices will drop further and provide an opportunity for me to accumulate at even lower price. If the late March COVID-19 impact is a reference,...