Dacai

I’m a very simple investor. I just check how my stocks are doing daily and whether there are any developments that affect my stocks. Since my portfolio is heavy on finance, reits with a small portion in tech, interest rate movement is the one I pay most attention to. For stocks I’m long on, short term price movements don’t matter so much. PCE will affect my portfolio more, I guess.

Even as Treasury yields continue to rise, there is a danger that the yield curve may be inverting. The curve inverts when the yield of short term bonds is higher than the yield of long term bonds. This happens when more investors prefer to hold long term bonds. Historically, this has been a precursor to recession.

I’m not familiar with the players in the energy sector but I will be doing more research on that as it is likely to benefit the most from high oil prices.

The electrification contracts won by CSE are much needed good news for a stock that has been range bound for some months.

$ISDN(I07.SG)

Context: The stock broke below its support of 0.62 on 14 Sep. This was due to its second largest shareholder Novo Tellus offloading 4,886,200 shares at 0.65939. In my past experience, anytime a significant shareholder disposes of shares, the share price is bound to suffer for a while especially when this is a small cap. It is now trading at the bottom limit of the Bollinger Band. Will it continue to trend down and cover the gap below 0.55?

My Trade: Considering whether to average down or cut loss.

Takeaway: Significant shareholder disposing of shares (taking profit?) has caused the price to drop to 0.57.

Fxed deposit rates are going up so the impact of the US Fed rate hike is already being felt. I think local banks will still be resilient so I don’t worry my head over short term fluctuations.

$Suntec Reit(T82U.SG)

Context:

In an update on its strategic review, Suntec Reit has announced it plans to focus on growing its Singapore assets and sell off 3 properties in Australia. This will bring the reit’s gearing below 40% and reduce earnings drag caused by the high interest rate in Australia. Given the capital market in Australia is improving, it will hopefully be easy to find buyers for the Australia assets. On the daily chart, Suntec Reit has hit the lower limit of the Bollinger Band, if this cannot hold, further downside is likely in the short term.

My Trade: Wait for good price to accumulate.

Takeaway: The outcome of Suntec Reit’s strategic review is to improve the gearing ratio by selling off 3 properties in Australia and concentrate on the more stable Singapore market which sounds to me like a good strategy for the long term. Hopefully the execution will be smooth.

This surge in chip stock price due to Muse feels more like short term optimism. Probably there will be profit taking soon.

Crypto currencies have been down for a long time now so even with he recent surge, they are nowhere near their previous peaks. Will tokenisation of stocks really mean greater sustained demand for cryptocurrencies?

It’s another one of those yoyo days, going up after a period of down. I must say Jensen Huang is sharp and knows what the market likes to hear.

The Fed has decided to increase the interest rate after all. For the time being, the risk of USD debasement trade will retreat. The next question is how many more rate hikes are on the horizon?

$Suntec Reit(T82U.SG)

Context:

Finally the much-feared hammer has dropped. US Fed has annnounced a 25bps increase in interest rate to 3.75-4%, the first in 3 years. Warsh did not give his opinion as to whether it is a one-time thing or the first of more to come but 16 other Fed governors have forecasted one more rate hike in 2026.

We have seen how this played out before. Reits will trend down until the tide turns. How long it can last is the question. It can be an opportunity to pick up some bargains. Suntec Reit’s price broke below 1.39 today so the next support level is 1.34 followed by 1.29.

My Trade: Continue to monitor the situation and find opportunities to average down or trim the position.

Takeaway: The first rate hike in 3 year means reits will continue to be under pressure. It also presents an opportunity to pick up some bargains.

$Apple(AAPL.US)

Context: The market sentiment surrounding Apple stock remains strong as the stock continues to power up, almost challenging the resistance of 335.50 which was last touched on 14 September 2026.

According to the Counterpoint Research report for the second quarter of 2026, the shipment of global smartphones dropped 7% yoy due to higher costs and prices but developed markets showed more resilience. Shipments in North America in fact increased by 6%.

Apple’s market share for Q2 was a record 21%, an increase of 13% yoy as it maintained its prices. For the first half of 2026, it lost to Samsung for global market share by a whisker of less than 1%.

My Trade: Continue to hold but won’t be adding at this price as there is a risk it is close to overbought levels.

Takeaway: H1 shipment numbers were great. Apple stock looks bullish but it remains to be seen if it can break the resistance of 335.50.

With the rate hike very likely, the stocks of Singapore banks should do well. The long-suffering reits will once again have to brave the headwinds but I think they are better prepared now.

$Suntec Reit(T82U.SG)

Context: As expected, reits continue to trend down with the probability of interest rate hike in September increasing to 92%. This makes the valuation of many reits more attractive. 1.39 had been a strong support in the past for Suntec Reit. I will see if it can hold or if it will go lower.

My Trade: Wait and see if 1.30 holds as a support.

Takeaway: Reits are starting to look attractive in terms of valuation.