Hello everyone! Hopefully everyone had an oxpicious Chinese New Year!
We wanted to share some quick thoughts on the stock market and where our head space are at now.
Over the past 2 few weeks, the US market continued to rally and we continue to reach new all time highs for tech stock counters. In the meantime, the Singapore index has seen a downward movement following its strong rally in January.
While we previously mentioned that we had missed out on the potential returns from the Singapore market in January, the market has taken back all of the gains and the Singapore index is trading at November / December 2020 price levels.
STI Index 17th February 2021
Although the US market has continued to hit all time highs, there are some counters which experienced huge pull backs, and we thought we want to highlight them here as they may be great opportunities to accumulate some....