14 Mar 2010
Sector rotation is very important when comes to choosing stocks to focus on.
Sector will take turns to perform which can be seen in the past. (History always repeat itself!)
In the past 2 weeks, STI was lead by Commodities and Offshore Marine sector. (First-line stocks like Noble Grp, NOL, Sembmar etc)
Last week, Banking & Finance sector has started to show a strong upward momentum.
What shall we look out for in the coming week?
Properties sector and Reits are still lagging behind, we might want to lookout for potential stocks in these sectors to go long. (Take note STI is trading near resistance level. I would prefer to long if STI retrace slightly and rebound from its support)
I would be looking at :
Properties:
1) CityDev
2) Capland
3) Wheelock
REITS:
1) Capitacomm
2) Suntec REITs
3) Ascendasreits
4) CDL HTrust
Banking and Finance:
1) SGX
2) DBS
Post a Comment