Daily Stock Report
Friday, August 07, 2026 at 08:42 SGT
1. Market Snapshot
All markets open and trading today (Friday, no US/SG holidays, not a weekend).
US (S&P 500 +97.7% of 52W range, RSI 67.9) and Hong Kong (HSI RSI 75.4, overbought) lead the pack, while China large-caps lag hard — CSI 300 is oversold (RSI 26.4, death cross) despite a +1.47% Shanghai Comp bounce.
SG banks are at record highs (DBS/OCBC >96% of 52W range), and Crypto Fear & Greed sits at 29/100 — Fear (ticking up from 25–28).
2. Market Benchmarks
| Index | Price | Chg% | RSI | 52W% | Trend |
|---|
| STI (SG) | 5,638.99 | -0.55% | 59.2 | +95.20% | Neutral |
| S&P 500 (US) | 7,709.96 | -0.18% | 67.9 | +97.70% | Bullish |
| HSI (HK) | 25,530.28 | +0.24% | 75.4 | +54.40% | Bullish |
| Shanghai Comp (CN) | 3,900.35 | +1.47% | 63.5 | +43.70% | Neutral |
| CSI 300 (CN) | 4,651.31 | -3.60% | 26.4 | +98.00% | Bearish |
US and HK are leading; China is lagging. The S&P 500 sits within 3% of its 52-week high (RSI 67.9, golden cross, +2.94% over the week) and the HSI is technically overbought (RSI 75.4) after a +10.29% monthly surge. In contrast, CSI 300 is oversold (RSI 26.4, death cross, -3.60% today) — an acute large-cap China divergence. Note: CSI 300's 98% 52W position conflicts with its oversold RSI (likely data quirk); trust the RSI/MA signals, which are firmly bearish.
3. SGX Stocks (SGD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| DBS | 75.08 | +2.08% | 69.2 | +1.40 | +2.47% | +9.72% | +25.76% | +97.30% |
| OCBC | 29.33 | +2.44% | 57.3 | +1.04 | +2.06% | +11.70% | +33.55% | +96.70% |
| UMS | 2.40 | -2.83% | 45.2 | +0.75 | -1.78% | -5.83% | +35.06% | +64.60% |
| Sheng Siong | 3.21 | -0.62% | 40.0 | +0.66 | -2.22% | -0.47% | +12.03% | +82.60% |
| HSTECH | 0.77 | +0.64% | 69.7 | +0.99 | +0.47% | +1.70% | -7.75% | +20.90% |
Banks are the clear leadership with a risk-on rotation. DBS +2.08% on 1.40x volume (RSI 69.2, +25.76% above MA200, 97.3% of 52W range) and OCBC +2.44% (RSI 57.3, +33.55% above MA200, 96.7% of 52W range) both print golden crosses near record highs. HSTECH ETF adds momentum (RSI 69.7, +7.83% month). Divergence: UMS fell -2.83% with a death cross and Sheng Siong is weak (RSI 40.0) — defensives lag while cyclicals/financials lead, a bullish breadth signal for the STI (which sits 95.2% of its 52W range despite today's -0.55% pullback).
4. US Stocks (USD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| NVDA | $218.99 | -0.10% | 62.8 | +0.84 | +6.22% | +6.38% | +13.01% | +75.80% |
| AAPL | $312.41 | +0.45% | 40.1 | +0.61 | -3.44% | +0.86% | +11.91% | +74.90% |
| TSLA | $319.53 | -0.63% | 30.3 | +0.78 | -7.99% | -16.50% | -21.95% | +11.00% |
| MCHI | $55.91 | -0.19% | 74.7 | +0.61 | +2.82% | +3.93% | -4.59% | +34.40% |
Momentum concentrated in AI/chips; autos deeply oversold. NVDA +9.09% on the week (RSI 62.8, above all MAs, golden cross) leads the tape ahead of its Aug 26 earnings. AAPL is consolidating (RSI 40.1, below MA20 but above MA50/MA200). TSLA is the standout laggard: RSI 30.3 oversold, death cross, -18.91% month, -21.95% below MA200, sitting just 11% above its 52-week low — watch for stabilization before averaging in. MCHI (China tech) is extended at RSI 74.7 with a golden cross, riding the HK/China rally.
5. HKSE Stocks (HKD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BYD | HK$89.85 | -4.21% | 49.1 | +1.21 | -0.14% | +3.91% | -6.68% | +37.30% |
| Alibaba | HK$124.40 | -2.89% | 60.8 | +0.54 | +7.44% | +11.64% | -9.69% | +36.60% |
Index overbought, but today's stock-level profit-taking offers entry levels. The HSI is overbought at RSI 75.4 after a +10.29% month; BYD (-4.21% on 1.21x volume) and Alibaba (-2.89%) pulled back even as the index rose. BYD has retraced to its MA20 (-0.14%) — a potential re-entry zone if it holds, though it remains -6.68% below MA200. Alibaba keeps strong momentum (+15.72% month, +7.44% above MA20, +11.64% above MA50) and today's dip is healthy digestion; both are below MA200, so the structural recovery is still incomplete.
6. Crypto (USD)
Fear & Greed: 29/100 - Fear (up)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BTC | $64,259.56 | -0.52% | 51.0 | +0.85 | -0.20% | +1.61% | -8.86% | +9.50% |
| ETH | $1,901.44 | -0.27% | 55.2 | +1.01 | +0.55% | +6.21% | -8.00% | +11.50% |
| DOGE | $0.07 | -1.26% | 48.4 | +0.96 | -2.54% | -6.37% | -25.62% | +0.50% |
Bear-market range with a tentative base; no capitulation yet. Fear & Greed at 29 (Fear, up from 25–28) is historically a contrarian accumulation zone, and BTC/ETH hold above MA50 with golden crosses (+1.61%/+6.21% vs MA50) — but both remain ~8–9% below MA200, capping rallies. DOGE is the weakest link: -25.62% vs MA200, 0.5% off its 52-week low, death cross. Neutral RSIs (BTC 51.0, ETH 55.2) mean no panic flush — bounce potential exists, but the trend only turns when MA200 is reclaimed.
7. Currency Corner (SGD Perspective)
USD nudged higher vs SGD; SGD stays firm on the medium term. USD/SGD 1.2834 (+0.18% on the day) — a mild USD rebound, but SGD remains structurally firm versus the greenback given MAS policy and the rate differential. CNY/SGD at 0.1895: a softer CNY is a mild headwind for CNY/HKD-denominated holdings (HK names and China ETFs) when translated back to SGD, while USD assets get a small FX tailwind today. No urgent FX action; the SGD-asset bias remains intact.
8. Key Signals
Unusual Volume (High)
- Shanghai Comp 5.00x
- CSI 300 5.00x
Near 52W High (>95%)
- CSI 300 98.0%
- S&P 500 97.7%
- DBS 97.3%
- DBS 97.3%
- OCBC 96.7%
- OCBC 96.7%
- STI 95.2%
Golden Cross (MA20 > MA50)
- AAPL
- Alibaba
- BTC
- BYD
- DBS
- DBS
- ETH
- HSI
- HSTECH
- MCHI
- NVDA
- OCBC
- OCBC
- S&P 500
- STI
- Sheng Siong
Death Cross (MA20 < MA50)
- CSI 300
- DOGE
- Shanghai Comp
- TSLA
- UMS
What the signals mean in aggregate: The mix describes a bifurcated market — momentum is crowding into US/HK indices and SG banks (golden crosses dominate, HSI & MCHI overbought, DBS/OCBC near 52W highs), while capital is fleeing China large-caps (CSI 300 RSI 26.4 + 5x volume suggests heavy turnover/capitulation), TSLA (oversold, death cross) and DOGE (0.5% off lows). Elevated volume on Shanghai/CSI 300 (5.0x) flags climactic activity worth watching for a reversal. Crypto at Fear (29) is the classic contrarian zone, but only DOGE shows true washout depth. In aggregate: chase strength with tight stops, wait for stabilization in the laggards.
9. Earnings Calendar Alert
No watchlist earnings within the next 14 days (Aug 7–21). Nearest upcoming dates: NVDA — Aug 26 (after market; analyst EPS est. ~$2.07), Alibaba — Aug 28, BYD — Aug 28. SGX names (DBS, OCBC, UMS, Sheng Siong) are between seasons. Position accordingly if holding NVDA into its print.
10. TL;DR
Key Takeaway
Markets are bifurcated: US and HK momentum is stretched near highs while China large-caps, TSLA and DOGE languish oversold. The S&P 500 (+97.7% of 52W range, RSI 67.9) and HSI (RSI 75.4 overbought) are extended — trail stops or trim into strength, especially HSI and MCHI. SG banks (DBS 97.3%, OCBC 96.7% of 52W range) remain the highest-quality uptrend; hold with trailing stops given RSI 69+ on DBS. Laggards to watch, not chase: TSLA (RSI 30.3, death cross), CSI 300 (RSI 26.4), DOGE — wait for stabilization or a capitulation flush before adding. Crypto Fear & Greed at 29 is a contrarian accumulation zone, but BTC/ETH must reclaim MA200 to confirm a trend turn. Next event risk: NVDA earnings Aug 26. Actionable: rotate risk from overbought HK/chips into the banks' strength or cash, and keep dry powder for a China/TSLA reversal.