SG End-of-Day Verdict 14 Sept 2026, 17:00:00 GMT+8 Decided by: Manual

Singapore — End-of-Day Verdict

EOD 2026-09-14 (SGT settled close)

Total-Return Index 104.0 -0.5% (4W) Performance ›

Event Horizon · next 10 trading days as of 2026-09-14

Date	Event	Scope	Names	Dir	1wk band	(ATR)	Stance
09-15	FOMC day 1 - communications blackout in force through 17-Sep No Fed speaker can pre-commit or walk back the 16-Sep decision, so the book carries the full rate question into 17-Sep with Monday's CPI-gap repricing as the only input; realised vol tends to compress into a decision and then gap, which bears on when protection is worth setting rather than on direction. confidence: med · source	structure	B61HD05HJ69UHBUOUHC07HME8UHN2IUHO39HS68HS63HU11HU13HA17UHHMNH9CIH	↕	±1.0%	±0.8	none
09-15	China August activity data - industrial production, retail sales, fixed-asset investment (date approx, NBS mid-month cadence) CapitaLand Investment carries China retail and business-park assets plus lodging fee income, and MPACT carries Festival Walk Hong Kong whose tenant sales track mainland consumption, so a retail-sales miss marks down leasing and valuation assumptions on those two names specifically. confidence: med · source	macro	9CIHN2IUH	↕	±3.0%	±1.6	hold through
09-15	URA August developer private home sales (date approx, mid-month cadence) Bukit Sembawang is a pure SG residential developer and CapitaLand Investment carries SG residential and mixed-use exposure, so the monthly take-up print is the highest-frequency read on the launch pipeline that prices B61's landbank. confidence: low · source	macro	B61H9CIH	↕	±2.5%	±2.0	hold through
09-16	Indonesia August auto wholesales (Gaikindo) read-through to Astra International (date approx, mid-month cadence) Jardine Cycle & Carriage's earnings are dominated by its roughly 50% Astra International stake, and Astra holds about 55% of the Indonesian car market, so the Gaikindo wholesale number is the direct volume input to C07's largest profit pool through an ownership chain. confidence: low · source	ecosystem	C07H	↕	±2.5%	±1.5	hold through
09-16	FOMC decision + Summary of Economic Projections (02:00 SGT 17-Sep) - bank/insurer leg A 25bp hike is roughly 85-90% priced after the hot August core CPI, so the banks' upside from the hike itself is largely in the price and the live variable is the dot plot: projections showing further hikes extend the net-interest-margin plateau into 2027, while a hold or dovish dots would unwind the repricing the leg took on the 14-Sep gap. confidence: high · source	macro	D05HO39HU11HU13HS68HG07	↕	±2.5%	±2.1	hold through
09-16	FOMC decision + Summary of Economic Projections (02:00 SGT 17-Sep) - S-REIT / SG-property leg Eight held income and property names reprice off one discount rate in the single SGX session of 17-Sep; with the hike roughly 85-90% priced the downside needs a hawkish dot plot on top of the hike, and a surprise hold is a sharp relief rally against near-unanimous positioning, so the band is near-symmetric on a near-certain event. confidence: high · source	macro	J69UHBUOUHME8UHN2IUHA17UHHMNH9CIHB61HM44UC38U	↕	±3.5%	±2.8	tighten trail
09-17	Singapore August NODX (Enterprise Singapore, scheduled 17-Sep) NODX has held above +20% y/y for four straight months on AI-related electronics, which feeds ST Engineering's order read-through and the three banks' trade-finance and SME credit outlook; a sharp deceleration would be the first crack in the export story the STI has rallied on. confidence: med · source	macro	S63HD05HO39HU11HV03F34VC2	↕	±2.0%	±1.5	none
09-17	Bank Indonesia rate decision (date approx, third-week cadence; BI held 5.75% in August) Indonesian policy rates set auto-financing cost and so Astra's unit volumes and its financing-arm spread; a BI move one session after the Fed transmits to C07 through the same Astra ownership chain as the Gaikindo print. confidence: low · source	ecosystem	C07H	↕	±2.0%	±1.2	hold through
09-18	Bank of Japan MPM decision (17-18 Sep) - hike to 1.25% nearly fully priced Direct: MPACT holds Japanese office assets partly funded in yen, so a step to a 31-year-high 1.25% marks up financing cost and marks down yen cap-rate assumptions on the name itself. Indirect: a JGB yield move lifts global term premia through the same discount-rate channel the Fed worked one session earlier, so this is a correlated second draw on the income leg; with the hike nearly fully priced and few terminal-rate clues expected, the tail is guidance, not the step. confidence: med · source	macro	N2IUHJ69UHBUOUHME8UHA17UHHMNH9CIHB61HM44U	↕	±2.0%	±1.6	tighten trail
09-18	FTSE ST September review weights traded on the close + US September triple witching STI trackers execute the September capping and free-float weight changes on the 18-Sep close while US quarterly option and futures expiry drives global hedge unwind into the same session, so closing prints on held STI members can deviate from the day's trade without information content. confidence: med · source	structure	B61HD05HJ69UHBUOUHC07HME8UHN2IUHO39HS68HS63HU11HU13HA17UHHMNH9CIH	↕	±1.5%	±1.2	none
09-21	FTSE ST September quarterly review effective - no constituent or reserve-list change FTSE Russell confirmed no STI addition, deletion or reserve-list change, so the only flow is capping and free-float weight adjustment on existing members; twelve held names are STI constituents and take a small mechanical weight tweak with no thesis content. confidence: med · source	structure	D05HO39HU11HS68HS63H9CIHA17UHBUOUHN2IUHME8UHJ69UHC07H	↕	±1.5%	±1.0	none
09-21	China loan prime rate fixing (the 20th is a Sunday, so the fixing shifts to Mon 21-Sep) The 5-year LPR is the reference rate for Chinese mortgages and therefore for the property demand that prices CapitaLand Investment's China assets; with the rate long unchanged the informational content is a cut surprise rather than the base case. confidence: med · source	macro	9CIHN2IUH	↕	±1.5%	±0.8	none
09-23	Singapore August CPI / MAS core inflation (~23rd-of-month cadence; one calendar lists 22-Sep) July printed headline 2.2% and MAS core 2.0%, both below consensus; August is the last major domestic inflation input before the October MAS policy statement and sets the SGD nominal effective exchange rate (S-NEER) slope expectation that drives SGD rates, which cuts in opposite directions across this book - lifting the bank leg's margin outlook while raising the income leg's discount rate. confidence: med · source	macro	B61HD05HJ69UHBUOUHC07HME8UHN2IUHO39HS68HS63HU11HU13HA17UHHMNH9CIH	↕	±1.5%	±1.2	none
09-25	Tokyo September CPI (date approx, last-Friday-of-month cadence) Tokyo CPI is the earliest monthly read on whether the 18-Sep BoJ hike starts a faster sequence toward the 1.5% consensus by March, and MPACT's Japanese office assets are yen-funded, so it is the follow-through print on the one held name with direct Japanese rate exposure. confidence: low · source	macro	N2IUHM44U	↕	±1.5%	±0.7	none
09-25	Singapore August manufacturing output / industrial production (date approx: 26th is a Saturday, so 25-Sep or 28-Sep - both now inside the window) Industrial production is the production-side confirmation of the NODX electronics surge after July's -7.2% y/y print, and the domestic-demand read for ST Engineering's SG operations; the release date straddles the weekend but both candidate sessions now fall inside this window. confidence: low · source	macro	S63HV03F34	↕	±2.0%	±1.3	none

Scenario bands estimate how far a scheduled event could plausibly move a name within a week, in both directions where the outcome is binary. They are research context for the book's decisions — the signal engine, not the calendar, decides trades.

Today's recommendations

0 to acquire · 2 to dispose

Ticker	Name	Close	Action	Action Price Where to act — a buy-limit on a pullback or a buy-stop above resistance, not the current price. Sanity-check vs Close: on a held name, an action price stranded above the close means the queued level was set when the stock was higher — stale, awaiting reprice.	Stop The risk-defined exit, set below the entry for a long (~1.2–1.8×ATR). A held long whose Stop sits at/above the Close is already below its stop — a stale box awaiting reprice.	1wk Model estimate of the likely price at this horizon — a forward projection, not a guarantee, and separate from the trade's Action Price or Stop. Where the ML estimator is enabled these are per-ticker calibrated forecasts (~80% coverage band) that are refreshed periodically and can drift between refreshes; otherwise they're interpolated from the signal's swing target. Confirm against the settled close.	4wk Model estimate of the likely price at this horizon — a forward projection, not a guarantee, and separate from the trade's Action Price or Stop. Where the ML estimator is enabled these are per-ticker calibrated forecasts (~80% coverage band) that are refreshed periodically and can drift between refreshes; otherwise they're interpolated from the signal's swing target. Confirm against the settled close.	12wk Model estimate of the likely price at this horizon — a forward projection, not a guarantee, and separate from the trade's Action Price or Stop. Where the ML estimator is enabled these are per-ticker calibrated forecasts (~80% coverage band) that are refreshed periodically and can drift between refreshes; otherwise they're interpolated from the signal's swing target. Confirm against the settled close.	Rationale
BUOU	Frasers Logistics & Commercial Trust	0.89	SELL 50%	0.89	0.86	0.89 (+0.0%)	0.90 (+1.1%)	0.91 (+2.2%)	Frasers Logistics & Commercial Trust has closed about 7% below its protective stop for weeks, and its sell signal has decayed to a 20-day breakdown at oversold levels. The model's bounce forecast has been wrong on this kind of REIT row all along, and the trust looks expensive against its cash flows, so we halve the position rather than trim the minimum. L2 + SG-48 (leg 2 suppressed on an oversold below-stop REIT) + SG-12 corroboration (degraded from SSR 38 on 09-11); SG-3 MoS -5.56 bumps %. Execute at the 09-15 open; reprice if the gap is >1.5%. Residual, stop re-based to 0.86 post-fill (model 0.92 rejected, SG-46). First SG-48 trim: grade deliberately.
N2IU	Mapletree Pan Asia Commercial Trust	1.20	SELL 30%	1.20	1.15	1.21 (+0.8%)	1.22 (+1.7%)	1.23 (+2.5%)	Mapletree Pan Asia Commercial sits more than 8% below its stop in a bear-trend setup, after last week's strong sell signal decayed into an avoid rating. We cut 30% to stop the bleed without selling the whole position at an oversold low. L2 + SG-48 + SG-12 (degraded from SSR 61 on 09-11); no valuation bump (MoS -0.21). Proceeds ~Sclear SG-17. Execute at the 09-15 open. Residual, stop re-based to 1.15 post-fill (model 1.25 rejected, SG-46).
HMN	CapitaLand Ascott Trust	0.83	HOLD	0.83	0.88⚠	0.83 (+0.0%)	0.83 (+0.0%)	0.85 (+2.4%)	Ascott has printed a stable strong sell for five snapshots and now qualifies on substance under SG-48. But the position is only about Sbelow the book's Smateriality floor, so no card is issued. SG-17. Human: close or remove the dust position.
A17U	CapitaLand Ascendas REIT	2.32	HOLD	2.32	2.42⚠	2.32 (+0.0%)	2.34 (+0.9%)	2.38 (+2.6%)	Ascendas REIT flipped to a low-conviction strong sell only at the close, and the Sposition is below the materiality floor. No card. SG-17 + late flip.
J69U	Frasers Centrepoint Trust	2.09	HOLD	2.09	2.18⚠	2.08 (-0.5%)	2.09 (+0.0%)	2.12 (+1.4%)	Frasers Centrepoint is below its stop, but the settled close printed an oversold reversal-up signal, so nothing corroborates a sell. Refused (SG-12, L4). Re-arm: a settled close <= 2.04 or a SELL/AVOID reprint at the close fires a 30% L2 trim.
S68	Singapore Exchange	22.91	HOLD	22.91	24.82⚠	23.10 (+0.8%)	23.37 (+2.0%)	23.28 (+1.6%)	SGX fell 5.7% with no headline and now sits 7.7% below its stop, but the engine prints no trade and the 12-week view is still positive. It is not a REIT, so SG-48 does not apply. Refused (leg 2 + SG-21). Re-arm: a second settled close <= 22.60 or Est_12W below close fires a 30% L2 trim. Highest-attention name for 09-15.
ME8U	Mapletree Industrial Trust	1.91	HOLD	1.91	1.89	1.91 (+0.0%)	1.90 (-0.5%)	1.89 (-1.0%)	Mapletree Industrial is richly valued with a negative 12-week view, but it is still closing above its 1.89 stop, and valuation alone never originates a sell. Watch: one settled close below 1.89 arms a % L2 de-risk.
U11	United Overseas Bank	42.33	HOLD	42.33	41.27	42.33 (+0.0%)	42.01 (-0.8%)	41.67 (-1.6%)	UOB rallied 2.6% and cleared its stop breach, printing maximum conviction on a volatility-contraction setup. The engine did not issue an add, though, and the 12-week view sits below the close, so we hold. 40.85 re-arm retired; stop held 41.27 (chandelier 41.04 below). SG-4: add only on a BUY-ADD reprint.
O39	OCBC Bank	31.85	HOLD	31.85	31.30	31.79 (-0.2%)	32.01 (+0.5%)	33.50 (+5.2%)	OCBC is up about 23% on cost and armed for profit-taking, but nothing has deteriorated: conviction rose, the 12-week view is alive, and there is no warning. Hold with the stop at 31.30. ADR-0012: ticks; chandelier 30.96 below the carried stop.
D05	DBS Group Holdings	77.66	HOLD	77.66	76.76	77.79 (+0.2%)	78.82 (+1.5%)	79.89 (+2.9%)	DBS firmed to 77.66 with conviction rising to 71 and the best forward view among the banks. Hold; stop 76.76 held.
S63	ST Engineering	10.22	HOLD	10.22	10.01	10.25 (+0.3%)	10.37 (+1.5%)	10.04 (-1.8%)	The ST Engineering trim withdrawn on 09-11 is still unrecorded in the holdings file. The sync flag is frozen (SG-8/SG-23, ADR-0019 UNRECONCILED); no new decision until,900 or a deliberate keep is recorded.

Outcome & track record

How accurate the calls have been.

131 Graded decisions Past recommendations old enough to score against what actually happened (target hit / stopped out / closed). This is the evidence base — the bigger the number, the more history behind the calls. Click to inspect every one. See the decisions →

0.229 1-week calibration How much of the eventual 4-week move typically shows up in the first week (0 = almost none, 1 = most of it). Use it to read the 1-week estimates: a low number means prices drift toward the target slowly, so don't over-read a soft week-1.

50 Published records How many dated end-of-day verdicts exist for this book — the length of the public track record you can browse in the Archive below.

Signal-type track record How each signal *type* has performed across ALL of this book's past decisions — not a per-stock note. 'bias' is the conviction nudge (+/-) applied to a fresh signal of that type; n = sample size, hit_1w = share that hit the 1-week target. Reliable cells earn a boost; weak ones a haircut.

How each signal type has performed across this book's past decisions (aggregate, not per-stock) — and the conviction nudge it earns.

BreakoutUp_20D (buy): 6 past trades, 100% hit the 1-week target → +10 conviction nudge.
FailedBreakout_Down_20D (sell): 73 past trades, 51% hit the 1-week target → no conviction nudge.
MomentumContinuation_Up (buy): 6 past trades, 83% hit the 1-week target → +7 conviction nudge.
NoTrade (sell): 14 past trades, 46% hit the 1-week target → -1 conviction nudge.
PullbackBuy_VWAP (buy): 6 past trades, 33% hit the 1-week target → -3 conviction nudge.
RallySell_BearTrend (sell): 9 past trades, 33% hit the 1-week target → -3 conviction nudge.

Portfolio & signals

Every name we scanned, and where it stands.

Ticker	Name	Close	Signal The chart pattern the engine detected on this name. Hover a signal for its one-line definition; click it for the full setup/trigger rules, the trade box it produces, and the newsletter issue that teaches the underlying concept.	Action	Conv	1wk Model estimate of the likely price at this horizon — a forward projection, not a guarantee, and separate from the trade's Action Price or Stop. Where the ML estimator is enabled these are per-ticker calibrated forecasts (~80% coverage band) that are refreshed periodically and can drift between refreshes; otherwise they're interpolated from the signal's swing target. Confirm against the settled close.	4wk Model estimate of the likely price at this horizon — a forward projection, not a guarantee, and separate from the trade's Action Price or Stop. Where the ML estimator is enabled these are per-ticker calibrated forecasts (~80% coverage band) that are refreshed periodically and can drift between refreshes; otherwise they're interpolated from the signal's swing target. Confirm against the settled close.	12wk Model estimate of the likely price at this horizon — a forward projection, not a guarantee, and separate from the trade's Action Price or Stop. Where the ML estimator is enabled these are per-ticker calibrated forecasts (~80% coverage band) that are refreshed periodically and can drift between refreshes; otherwise they're interpolated from the signal's swing target. Confirm against the settled close.
U11H	United Overseas Bank	42.33	AnticipationUp_VCP	HOLD	100	42.33 (-0.0%)	46.36 (+9.5%)	41.67 (-1.6%)
HMNH	CAPITALAND and ASCOTT STAPLE U	0.83	BreakdownDown_20D	STRONG SELL - REDUCE	81	0.83 (+0.0%)	n/a	0.85 (+2.4%)
D05H	DBS Group Holdings	77.66	FailedBreakdown_Up_20D	HOLD	71	77.79 (+0.2%)	79.34 (+2.2%)	79.89 (+2.9%)
J69UH	FRASERS CPT TR	2.09	ReversalUp_Oversold	HOLD	71	2.08 (-0.5%)	2.15 (+2.9%)	2.12 (+1.4%)
O39H	OCBC Bank	31.85	FailedBreakdown_Up_20D	HOLD	71	31.79 (-0.2%)	32.74 (+2.8%)	33.50 (+5.2%)
9CIH	CapitaLand Investment	2.65	FailedBreakout_Down_20D	AVOID	62	2.65 (-0.0%)	n/a	2.72 (+2.6%)
N2IUH	Mapletree PanAsia Com Tr	1.20	RallySell_BearTrend	AVOID	50	1.21 (+0.8%)	1.18 (-1.7%)	1.23 (+2.5%)
C07H	Jardine C&C	27.26	FailedBreakdown_Up_20D	HOLD	44	27.27 (+0.0%)	28.19 (+3.4%)	27.56 (+1.1%)
ME8UH	Mapletree Industrial Trust	1.91	FailedBreakout_Down_20D	AVOID	42	1.91 (+0.0%)	n/a	1.89 (-1.0%)
BUOUH	FRASER L&C TRUST	0.89	BreakdownDown_20D	AVOID	41	0.89 (-0.6%)	0.79 (-11.7%)	0.91 (+1.7%)
A17UH	CapitaLand Ascendas REIT	2.32	BreakdownDown_52W	STRONG SELL - REDUCE	31	2.32 (+0.0%)	n/a	2.38 (+2.6%)
B61H	BT SEMBAWANG EST	4.38	NoTrade	NO TRADE	0	4.39 (+0.2%)	n/a	4.49 (+2.5%)
S68H	Singapore Exchange	22.91	NoTrade	NO TRADE	0	23.10 (+0.8%)	n/a	23.28 (+1.6%)
S63H	ST Engineering	10.22	NoTrade	NO TRADE	0	10.25 (+0.3%)	n/a	10.04 (-1.8%)
U13H	UOI LTD	8.52	NoTrade	NO TRADE	0	8.54 (+0.2%)	n/a	8.48 (-0.5%)
C38U	CapitaLand Integrated Comm Tr	2.29	FailedBreakout_Down_20D	AVOID	71	2.30 (+0.4%)	n/a	2.34 (+2.2%)
S59	SIA ENGR	3.10	RallySell_BearTrend	AVOID	69	3.11 (+0.3%)	3.09 (-0.3%)	3.17 (+2.3%)
M44U	Mapletree Logistics Trust	1.11	RallySell_BearTrend	AVOID	61	1.11 (-0.0%)	1.11 (-0.0%)	1.14 (+2.7%)
J36	Jardine Matheson	58.31	FailedBreakout_Down_20D	AVOID	50	58.56 (+0.4%)	n/a	60.36 (+3.5%)
VC2	Olam Group Ltd.	1.03	FailedBreakout_Down_20D	AVOID	35	1.05 (+1.9%)	n/a	1.13 (+9.7%)
BN4	Keppel	11.33	FailedBreakdown_Up_20D	WATCH	34	11.38 (+0.4%)	11.73 (+3.5%)	11.35 (+0.2%)
S58	SATS	3.87	BreakdownDown_20D	AVOID	33	3.89 (+0.5%)	3.28 (-15.2%)	4.01 (+3.6%)
G07	Great Eastern	20.13	BreakdownDown_20D	AVOID	24	20.18 (+0.2%)	17.76 (-11.8%)	20.89 (+3.8%)
V03	Venture Corporation	16.79	NoTrade	NO TRADE	0	16.78 (-0.1%)	n/a	16.47 (-1.9%)
Z74	Singtel	4.46	NoTrade	NO TRADE	0	4.47 (+0.2%)	n/a	4.49 (+0.7%)
F34	Wilmar International Ltd.	3.72	NoTrade	NO TRADE	0	3.72 (-0.0%)	n/a	3.70 (-0.5%)

Singapore — End-of-Day Verdict

0 to acquire · 2 to dispose

How accurate the calls have been.

Every name we scanned, and where it stands.

Earlier end-of-day records.