Good Investing Lessons

Here is a quick review of the Singapore stock market. The STI index showed that a double bottom pattern has form. This signals potential uptrend for the general stock market under SGX. While the STI generally lacks S&P 500, Dow Jones Industrial, NASQAD, it had finally emerge from the doom and start showing some signs of life. Below is a weekly chart of STI index. Why has the Singapore stock market lagging behind the US market? Even though the region had a better control of the Covid-19 situation except Indonesia and Philippines, the regional stock market had not perform as good as the American counter part. Can we say that the US market is over bought? The answer is not so easy. There are a lot of differences in the composition of the companies. The Tech sector which is a big part of US market has been doing extremely well during this pandemic.