3 Singapore REITs which have completed V Shape Recovery

While many investors are still waiting for the next market crash and trying to figure out the what is going on, FTSE ST REIT index has rebounded c.40% since the bottom on Mar 23, 2020.

There are 3 important lessons learned for Investing in this market crash:

(1) Stock Market is NOT the economy. The stock market is forward looking and moves ahead of the economy.

(2) Don’t invest based on news

(3) Stay focus on what the chart and the price-action tell you. That’s the truth on what is going on in the stock market.

 

Today is a very bullish day for Singapore REITs. It is very rare to see such huge price movement in a day. Furthermore, there are many  REITs breakout from the consolidation based on chart patterns.

 

CapitaMall Trust breakouts from Ascending Triangle chart pattern. This is a bullish breakout.

Ascott Residence Trust breakouts from Rectangle chart pattern. This is a bullish breakout.

Manulife US REIT breakout from Symmetrical Triangle chart pattern. This is a bullish breakout.

 

Below are the 3 REITs which have completed the V shape rebounded and even go higher! Mapletree Logistic Trust and Keppel DC REIT closed at all time high now! Unbelievable Rally with a Superb V Shape Rebound!

Click here for the full REIT table.

 

There are 8 other REITs which are on the way to complete the V shape recovery soon.

 

If you have missed the recent rebound but need professional help to build a diversified Singapore REITs portfolio, you may consider the following 2 options:

(1) My Next REIT Online Course is planned on July 18, 2020 (Saturday). You can find the registration detail here. https://mystocksinvesting.com/course/singapore-reits-investing/

(2) REIT Portfolio Advisory to Kick start your REIT portfolio by leveraging my knowledge and my extensive research.  I am licensed to make recommendation on which REITs to buy, what price to buy and when to buy. Leverage on . I can be contacted through kennyloh@fapl.sg for Investment Portfolio Review, REIT Portfolio Consultation and Investment Planning. Advisory Fee applied.

 

Kenny Loh is a Senior Consultant and REITs Specialist of Singapore’s top Independent Financial Advisor. He helps clients construct diversified portfolios consisting of different asset classes from REITs, Equities, Bonds, ETFs, Unit Trusts, Private Equity, Alternative Investments and Fixed Maturity Funds to achieve an optimal risk adjusted return. Kenny is also a CERTIFIED FINANCIAL PLANNER, SGX Academy REIT Trainer, Certified IBF Trainer of Associate REIT Investment Advisor (ARIA) and also invited speaker of REITs Sympsosium and Invest Fair. 
You can join my Telegram channel #REITirement – SREIT Singapore REIT Market Update and Retirement related news. https://t.me/REITirement

Weekly Inter Market Analysis Sept 11-2016

Learnt about JW5IMA in PMP. I create a KL8WIMA (Kenny Loh 8 Weekly Inter Market Analysis) for my own market watch. The objective is to monitor the correlation of different asset class / sectors movement every week. Feel free to comment if there are better alternatives.

Original post from https://mystocksinvesting.com

A long awaited sell off finally came on Friday (Sept 9-2016) after 2 months of low volatility and trading in a tight range for US market. Has the correction finally came? Will the sell off continue next week?

us-indices-sept9-2016 heatmap-sept-9-2016

SPY (SPDR S&P500 ETF)

SPY gapped down and broken the support on last trading session. Next week will be crucial to see whether SPY can break the support to continue the sell off or rebound from here to continue the uptrend.

spy-sept11-2016

VIX

VIX spiked about 40% at last trading session. If VIX continues to move higher next week, tighten your seat belt!

vix-sept11-2016

SUDX (S&P US Dollar Futures Index)

SUDX is currently trading within a Symmetrical Triangle and likely to be trading in a tight range until a breakout. Wait for Yellen’s speech on the interest rate hike confirmation.

sudx-sept11-2016

FXE (Currency Shares Euro ETF)

Down trend has stopped for FXE. FXE is curently trading sideway and range bound. Wait for Yellen’s speech on the interest rate hike confirmation before we can see the next big move.

fxe-sept11-2016

XLE (SPDR Energy Sector ETF)

XLE came out from the down trend channel and currently looks like reversing to the uptrend. Crude Oil has bottomed up?

xle-sept11-2016

USO (United States Oil Fund)

USO is currently trading in a Symmetrical Triangle. Keep an eye on the next move when USO is trading closer to the apex of the triangle.

uso-sept11-2016

TLT (iShares 20+ Years Treasury Bond ETF)

SPY sold off, TLT sold off together? US Equity and Bond Market are moving in the same direction at the moment. This is not normal. Will the “Sell equity and move to bond in the bear market” strategy work moving forward? Base on the current equity and bond “synchronized movement”,  we may need to watch this space very closely and rethink our portfolio re-balancing strategy.

tlt-sept11-2016

GLD (SPDR Gold Shares)

Gold is currently trading in a consolidation (Rectangle pattern) and still on uptrend.  Expect GLD to move to 141.19 (161.8% Fibonacci Retracement Level) as long as the uptrend support holds. Can GLD be the safe harbor if Equity & Bond market sell off?

gld-sept11-2016

Next Week Economic Calendar

economic-calandar-sept11-sept17-2016