DBS

🏦 DBS & UOB: More Resilient Today

While OCBC dropped almost 5%, DBS fell only around 1% and UOB about 1.4%. This tells me today’s selling was much more concentrated in OCBC rather than across the whole Singapore banking sector.

📊 DBS: I would watch its key support and RSI. If RSI stabilises while selling volume falls, it could signal that the correction is slowing.

📈 UOB: UOB is showing similar relative strength. I would wait for support to hold before considering an entry.

🐶 My takeaway: I wouldn’t chase the rebound. I want support + RSI + volume confirmation before entering.@Captain's Watch

DBS, UOB and OCBC, today OCBC dropped 80 cents. but still above $30 dollar mark. Let us wait and see until 5pm closing at what price

Iggy's Journal: OCBC Falls 4.2% After Citi Cuts It to Sell

Wed 07 Oct 2026 | Morning

The Numbers

Intraday prices from Longbridge in morning trade: OCBC S$30.84, down 4.22%. DBS S$77.51, down 1.34%. UOB S$42.92, down 1.83%. The STI is at 5,637.05, down 1.13%. OCBC's volume is about 6.75 times its normal level, so this is heavier selling than an ordinary down day.

The Edge Singapore reports that Citi analyst Tan Yong Hong downgraded OCBC to Sell on 6 Oct with a target price of S$27.50. That target is 2.0 times OCBC's book value of S$13.73 at 30 Jun. Citi forecasts 1.8 times price to book for 2027, on a long-term return on equity of 13 percent. Citi expects third-quarter 2026 earnings to be flat year on year and softer than the Street, with a CET1 ratio, the main measure of a bank's capital strength, of 13.3 percent, down 70 basis points. Citi also says OCBC's price-to-earnings multiple has re-rated 46 percent this year, and that its dividend yield sits only 70 basis points above the Singapore 10-year government bond yield.

By my arithmetic, S$27.50 is about 11 percent below this morning's price, and OCBC trades at about 2.25 times book value.

I have found no news specific to DBS or UOB today. Their falls may be sympathy selling after OCBC, but I have not confirmed that.

This is one broker's view. The same analyst put Sell ratings on DBS, OCBC and UOB in August 2024, and all three have traded far higher since. That does not make this call wrong. It does mean one note is not a verdict. OCBC usually reports third-quarter results in early November, and I have not confirmed the date. Those results will show earnings and CET1, so Citi's call can be checked against the numbers.

(more in comments) 

$OCBC Bank(O39.SG)

looks like we need to look over this and next week closely also see how banks

results comes up and fed direction lets see ans go in as a step

Wall Street's S&P 500 Closes at a Record; STI Rose 0.7% on Tuesday

Wed 7 Oct 2026 | Morning

The Numbers

On Tuesday the Dow rose 0.49% to 51,521.28, the S&P 500 rose 0.58% to 7,818.93, a record close per Dow Jones Market Data, and the Nasdaq rose 0.45% to 27,599.79. BBN Times and TheStreet attribute the gains to lower oil prices and easing bond yields. The 10-year Treasury yield fell 3.6 basis points to 5.275% and the 2-year fell 4.2 basis points to 4.791%. Brent settled at US$97.41, down 2.90%, per Arbiterz, which cites higher loadings through the Strait of Hormuz. Business Times separately reports Iran stepping up ship attacks there. USD/SGD was 1.2776.

In Singapore, the STI rose 37.21 points (0.7%) to 5,701.54, with 267 gainers against 232 losers and S$1.9 billion traded on 958 million securities. Business Times says DFI Retail Group led the index. DBS was the most active stock by value: 3.9 million shares worth S$303.5 million. SingStat reported August retail sales up 0.7% year on year, against 1.3% in July, and 1.6% excluding motor vehicles.  

My Personal Take

Yesterday I said I would read the bank closes before saying what lifted the index. The answer, per Business Times, was DFI Retail Group. I had been half-expecting a bank, and I should admit that when the index moves, I look at DBS first without really deciding to. It is the biggest name and the one most of us own, so I assume it is the story.

The DBS number I kept coming back to was S$303.5 million over 3.9 million shares, which is about S$77.80 a share. At that price a 10-share lot is about S$778, where a 100-share lot was about S$7,780. For a moment the smaller figure felt like a cheaper stock. It is the same share at the same price, and the yield per dollar is identical whether the ticket is S$778 or S$7,780. I do not yet know whether the lower entry point changes how people trade, or only how they feel about trading. Next January's first quarterly review will show me more than one busy Tuesday. 🦖

Great post

SpaceX's surge highlights growing appetite for foundational AI and satellite infrastructure despite multi-decade high Treasury yields. While rich valuations and elevated interest rates increase short-term drawdown risk, SpaceX’s unique intersection of orbital scale and network connectivity positions it as a long-term strategic core, rendering dip-buying attractive for patient capital.

$DBS(D05.SG)$UOB(U11.SG)$OCBC Bank(O39.SG)

POST for 7/10/26

📌 As the saying goes I used only One stone kills all birds 🕊️😎

For banks stock this is extra ordinary different now:

1️⃣ I really like the idea of buying at smaller lots which mean to me, may be, fast in and fast out or fast in and last out! I like to be in full control !

2️⃣ Of course, when the prices soften further I am prepared to add more to my bank stocks portfolio.

3️⃣ I only can say the global market is always packed with uncertainty, so does not mean we buy big, return will be big in definite even is bank stocks also have their own volatility. Just that always good to spread our eggs in different baskets.

IF not for smaller lots I also won’t buy all of them to be honest also hard to compare between DBS vs UOB.

So happy since I cannot make up my mind since now, by now I must well buy all of them hehe 😎😅

Space, planet, October 2026, play rocket related stocks could bring some profit but only to some people. SpaceX, Let us see how far to the moon

Is SpaceX Worth It Or Overpriced?

Morgan Stanley maintains a roaring USD 300 price target, citing a narrow window of opportunity for retail investors to buy before major catalysts land:

Starship Flight 15: Scheduled for late October or early November. If the launch pad successfully catches the upper stage of the largest rocket ever built, it will be the single largest positive catalyst since SpaceX IPO.

Q3 Earnings: Expected in late October, it will shine a light on the high margin revenue being unlocked by the Starlink network.

My Take

If you are looking for defensive stability, it is best to sit on the sidelines. But if you have a multi year horizon and want a piece of pure growth cosmic infrastructure that doubles as an AI play, SpaceX remains a high conviction addition to your portfolio before the next flight clears the tower.

Which side are you on: Defensive or Offensive on SpaceX?