The title speaks for itself. Week 9 was an interesting one. While we see the usual pattern that the Singapore STI took an opposite path to HK Hang Seng Index and US S&P500 and Nasdaq again, for a change, the STI went up 2% while the rest went down (HK was down 6%, Nasdaq down 4% as of Thursday close). Within this week, several Tech companies on Nasdaq like Tesla, Zoom, Palantir etc showed moments of selling on Tuesday and Thursday. Panic selling was the best term to describe the start of Tuesday … some Tech companies share prices were down almost 10% on opening. For example, Tesla, it went to US$622 a share before bouncing back very quickly to > $700 as bargain hunters rushed in. On Thursday, we saw another bout of weakness in many tech companies, Tesla dropped to US$680 – a smaller drop but still a significant one nonetheless. I supposed the volatility in these tech stocks was enough to scare many investors or maybe not and they were excited by it … hmm …...