Market started its corrected and Singapore economy remains resilient

TigerTalks
2022-05-20

Written by @长线投资不投机

As predicted in my previous article, the market has started its correction. We do expect more downside but from an STI perspective, there is strong support at 3,000 levels. Despite the softening of the stock market, the Singapore economy has been demonstrating resilience. Key economic data remains positive and with the relaxation fo COVID safety measures and further opening of borders, we do expect the economy to continue growing.

So what does it mean when the market is softening and yet the economy is doing well?

It is probably a good time to watch the market as we are likely to see a window period of good companies at undervalued prices! In my watchlist I now have REITs and dividend stocks which I am ready to buy in the next 1 or 2 months. Do start building your watchlist to capture this opportunity!

 

# SGX Stocks Opportunities

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  • ___ _
    ·2022-05-20
    I'm pretty surprise actually that Sg market isn't badly affected.  in fact I see $Prime US ReitUSD(OXMU.SI)$ and $MANULIFE US REIT(BTOU.SI)$ badly affected primarily due to their high exposure in US
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  • RDPD富爸穷爸
    ·2022-05-20
    I agree with the author's view that SG market is resilient this year. My reason is because SG is mainly make up of industrial, financial and REIT where as US is experiencing larger drop due to large
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    • RDPD富爸穷爸Replying toRDPD富爸穷爸: 
      economy with no recession? I do somewhat agree with his view given that there is no big catalyst to justify a bigger drop. In any case, any drop is an opportunity to DCA in my view.
      2022-05-20
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    • RDPD富爸穷爸: 
      presence of tech and growth companies. With interest rate hike, it impact mainly aforementioned industries hence the bigger drop. The author is with the view that we are expecting slower growth in the
      2022-05-20
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  • gme1xxx
    ·2022-05-20
    It's important to note that the SG Market lags behind the US. Whatever that is happening in the US will surely ripple to our shores. It is just a matter of time. We can reference the AFC to know more.
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  • MHh
    ·2022-05-20
    I also have reits and banks in my watchlist. Buy for dividends. Recession may hit but historically SG has been resilient!
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  • Songa
    ·2022-05-21
    I try not to time the market and buy regularly. This insitls a sense of investing for the long run and leas of a opputunitstix and hence gambling apporach. My 2 cents :) what stock? DBS, SIA, CAPLAND
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  • koolgal
    ·2022-05-22

    There is a disconnect between the stock market and the economy.  The stock market actually moves independently from the economic situation.  So even though there has been lots of talk about recession currently, the actual economy is not in recession yet.

    In fact the market is forward looking and has already priced in the recession.  That is why the stocks have been volatile lately.

    Also rising interest rates actually hurt the stock markets.  This is because it makes it more expensive for companies to get loans especially growth stocks.

    That is why even though the Singapore economy is doing well, the market has started its correction.

    @TigerTalks  

    @TigerStars  

    @CaptainTiger  

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  • rhktrade
    ·2022-05-23

    Cool stuff

    //@koolgal: There is a disconnect between the stock market and the economy.  The stock market actually moves independently from the economic situation.  So even though there has been lots of talk about recession currently, the actual economy is not in recession yet.In fact the market is forward looking and has already priced in the recession.  That is why the stocks have been volatile lately.Also rising interest rates actually hurt the stock markets.  This is because it makes it more expensive for companies to get loans especially growth stocks.That is why even though the Singapore economy is doing well, the market has started its correction.@TigerTalks  @TigerStars  @CaptainTiger  
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  • highhand
    ·2022-05-21
    market softening means stock buying opportunity. economy doing well? better check gdp, cpi index in coming months and quarters... everyone expects recession and it will be a self fulfilling prophecy.
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  • JL28168
    ·2022-05-21
    yes...good timing now to buy undervalue stock for Long term..if conitnue drop..waiting n continue topup...when timd rebound.u will get good profit back
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  • SR050321
    ·2022-05-20
    I hope SG will not be effected badly. I saw a dip in many counters but the percentage should be lower compare to those US markets.
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  • CYKuan
    ·2022-05-22
    The law of nature:When the water is full, it will overflows;when the day is full, it loses.Now is the correction period with massive opportunities.Long term holding of stock with good FA is the key $A
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  • Power1
    ·2022-05-21
    I havd bank and SG reits too. Would slowly DCA when price is good is hold for long
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  • Boo2020
    ·2022-05-20
    yes, I do have a list of dividend stocks to buy. just haven't hit the price. when is it droppping more? DBS pls drop to 28! [LOL] [LOL]
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  • Soyabean89
    ·2022-05-20
    Just average in buy big 4 Sreits n bank on monthly basis to pull thru the bear market.

    SG Lion will replace the sick cat tiger to fight the bear. Dividend & sgd ftw for lao uncle like moi [Miser]

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  • 爱上投资学
    ·2022-05-20
    $CapitaLandInves(9CI.SI)$ 当市场恢复了，这类型股票将直接受益
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  • AliceSam
    ·2022-05-20
    当市场疲软而经济表现良好时，这意味着好时机
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  • Shawn287
    ·2022-05-23
    Singapore economy is resilient due to its strong market fundementals, own principles and philo sophy in driving economic growth and success since 1965, more than 55 years!
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  • SG 88
    ·2022-05-21
    True. With borders reopening, chances are that REITs would render a better chance of getting passive income with pinch of capital gain along the way [Cool]
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  • T2huat
    ·2022-05-21
    good reads
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  • Doge2theMoon
    ·2022-05-23
    Demand is weak in China because of covid response. US demand is falling thanks to Fed tightening. EU is slowing. Japan consumers likeky to cut back because of weak Yen. STI is affected eventually.
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