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Fattycat

S-REITs are holding up well ahead of the Fed meeting. I feel the recent pullback was overdone.Current valuation for blue…

S-REITs are holding up well ahead of the Fed meeting. I feel the recent pullback was overdone.

Current valuation for blue chip REITs look too attractive now, especially names like CapitaLand Ascendas, CICT, Keppel DC REIT and Mapletree Logistics.

Meanwhile gold and Bitcoin are seeing a mild dip. I hope things stabilise from here and we see no more selling pressure. Today is Friday. Trade safely. Don’t “Cheong” . Next week is Fed meeting. Market respect Fed before further move.

Happy weekend to everyone.

C
Captain's Watch
Featured☕️ [Task Coins Giveaway] Daily Market Talk — Western Digital Beats, Chip Stocks Crumble

Western Digital grew revenue 55% and raised its dividend, then fell 6%. Lam Research beat and fell twice as hard. At home, banks slip while REITs bounce. Let's dig in 👇💬 Chip stocks are selling off on...

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