1. Market Snapshot
Tuesday, Aug 11, 2026 — all markets open (no US/SG holiday, no weekend). Asia is leading: the STI (+0.72%) is pressing fresh 52-week highs at 5,739, HSI (+1.05%) is back above its 200-day MA at ~25,999, and Shanghai Comp (+0.67%) is firm. The S&P 500 is flat (-0.06%) but still sits 97% of the way through its 52-week range. The big divergence: CSI 300 (-3.60%, RSI 26.4) is in oversold territory and deep in a death cross — mainland large-caps are lagging badly while HK and SG rally. Crypto remains the laggard: Fear & Greed at 29/100 - Fear (trending up from 25-27), BTC pinned in the bottom 9% of its 52-week range.
2. Market Benchmarks
| Index | Price | Chg% | RSI | 52W% | Trend |
|---|
| STI (SG) | 5,739.49 | +0.72% | 66.3 | +99.60% | Bullish |
| S&P 500 (US) | 7,753.11 | -0.06% | 67.6 | +97.30% | Bullish |
| HSI (HK) | 25,998.59 | +1.05% | 69.9 | +62.80% | Bullish |
| Shanghai Comp (CN) | 3,966.59 | +0.67% | 62.2 | +52.20% | Neutral |
| CSI 300 (CN) | 4,702.02 | -3.60% | 26.4 | +101.00% | Bearish |
Leaders: STI (RSI 66.3, +0.72%) and HSI (RSI 69.9, +1.05%) — both extended above rising MA20/MA50 with golden crosses intact, and STI is at 99.6% of its 52-week range. Laggards: CSI 300 (RSI 26.4, death cross, -3.60%) and crypto. The S&P 500 (RSI 67.6) is the stable middle — high but not stretched. The clear divergence is within China: Shanghai Comp +0.67% vs CSI 300 -3.60% on the same day, signaling large-cap weakness rather than a broad China selloff.
3. SGX Stocks (SGD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| DBS | 77.37 | +1.36% | 71.0 | +0.30 | +4.70% | +12.12% | +29.08% | +99.80% |
| OCBC | 31.34 | +3.43% | 68.6 | +0.44 | +7.79% | +18.00% | +41.80% | +100.00% |
| UMS | 2.44 | +1.24% | 44.2 | +0.17 | +0.37% | -3.79% | +36.31% | +66.50% |
| Sheng Siong | 3.22 | -0.92% | 40.5 | +0.27 | -1.71% | -0.40% | +12.00% | +83.30% |
| HSTECH | 0.78 | +1.55% | 65.9 | +0.49 | +1.94% | +3.74% | -5.61% | +24.40% |
Banks are the engine: DBS +1.36% (RSI 71.0, 99.8% of 52-wk range) and OCBC +3.43% (RSI 68.6, at 52-wk high) both hold golden crosses but trade 29% and 42% above their 200-day MAs respectively — powerful but extended; a pullback toward MA20 (DBS -4.7% below current price, OCBC -7.8%) would be healthy. HSTECH +1.55% (RSI 65.9) is riding the regional tech bid but remains 5.6% below MA200 — recovery, not breakout. Rotation signal: defensive Sheng Siong -0.92% (RSI 40.5) is the only SGX name down — risk appetite is rotating out of defensives. UMS +1.24% is the weak link: death cross (MA20
4. US Stocks (USD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| NVDA | $217.55 | -2.86% | 54.3 | +0.87 | +4.83% | +5.54% | +12.05% | +73.80% |
| AAPL | $308.26 | -1.62% | 38.1 | +0.90 | -4.56% | -0.47% | +10.23% | +69.90% |
| TSLA | $330.88 | +0.70% | 32.6 | +0.81 | -2.72% | -12.52% | -18.95% | +16.60% |
| MCHI | $56.93 | +0.64% | 90.0 | +0.74 | +3.96% | +5.72% | -2.73% | +40.30% |
The S&P 500 is flat (-0.06%, RSI 67.6) — a high-but-healthy momentum profile with no overbought stress at index level. Beneath the surface, megacaps diverge: NVDA -2.86% is a pullback inside an uptrend (still +4.8% above MA20, RSI 54.3) ahead of its Aug 26 earnings; AAPL -1.62% (RSI 38.1) has broken below MA20 and MA50 — the weakest big-cap here; TSLA +0.70% (RSI 32.6, death cross, -19% below MA200) is a deep downtrend, and the bounce today is not a reversal signal. The standout overbought print is MCHI at RSI 90.0 — after +7.2% in a month it is 4% above MA20, a classic froth reading; short-term profit-taking risk is elevated even though the China trade is intact. Watchlist oversold (bounce candidates, not buys): TSLA and AAPL.
5. HKSE Stocks (HKD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BYD | HK$92.90 | +2.38% | 63.3 | +0.72 | +2.47% | +7.40% | -3.37% | +43.50% |
| Alibaba | HK$129.40 | +2.34% | 68.7 | +0.67 | +10.34% | +16.03% | -5.83% | +41.80% |
HK is the strongest regional momentum: HSI +1.05% (RSI 69.9) has reclaimed its 200-day MA (25,718) and is up 7.3% m/m. Both watchlist names are in golden-cross uptrends — Alibaba +2.34% (RSI 68.7, +16% above MA50, +15% m/m) and BYD +2.38% (RSI 63.3, +8.7% m/m) — but each remains below its 200-day MA (-5.8% / -3.4%), so this is still a rebound off the lows rather than a completed base; the contrarian case (fresh longs) strengthens only on a MA200 reclaim with volume. Event risk: Alibaba reports on Aug 20 — with the stock +15% m/m into the print, expectations are elevated. Participation is the weak spot: volume is 0.67-0.72x average, so the advance is not yet fully confirmed.
6. Crypto (USD)
Fear & Greed: 29/100 - Fear (up)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BTC | $63,904.45 | -1.45% | 50.2 | +1.22 | -0.55% | +0.91% | -8.71% | +9.00% |
| ETH | $1,873.43 | -1.85% | 41.3 | +1.25 | -1.05% | +3.78% | -8.38% | +10.60% |
| DOGE | $0.07 | +0.90% | 45.2 | +0.90 | -0.60% | -3.88% | -23.88% | +0.80% |
Sentiment is depressed but inflecting: Fear & Greed 29 (Fear, up from the 25-27 trough of the past week) — fear is easing, but this is not a capitulation flush: no sub-25 RSI prints, no volume spike (BTC 1.22x, ETH 1.25x — mildly elevated at most), and BTC (-1.45%, RSI 50.2) is still 8.7% below MA200. BTC/ETH sit in the bottom ~10% of their 52-week ranges — the base-building grind continues. DOGE +0.90% is the weakest major: 0.8% of its 52-week range, -23.9% below MA200, death cross. Bounce potential: with F&G climbing and RSI neutral-to-oversold, dips are being absorbed — constructive for a mean-reversion bounce, but the trend only turns when BTC reclaims MA200 (~$70k). Accumulate into weakness, not strength.
7. Currency Corner (SGD Perspective)
USD/SGD 1.2797, -0.16% on the day — the SGD is firm against the USD, consistent with the risk-on tone in Asian equities (STI/HSI strength). A firmer SGD is a mild FX headwind when converting USD-denominated returns (US stocks, crypto) back to SGD, and it flatters the SGD value of your SGX/HK holdings. CNY/SGD at 0.1892 is unchanged in the data — no fresh signal from the CNY cross. Net: SGD strength is a portfolio tailwind for local assets and a small drag on USD exposure; no hedging action warranted at these levels.
8. Key Signals
Unusual Volume (Low)
- UMS 0.17x (thin)
- Sheng Siong 0.27x (thin)
Near 52W High (>95%)
- CSI 300 101.0%
- OCBC 100.0%
- OCBC 100.0%
- DBS 99.8%
- DBS 99.8%
- STI 99.6%
- S&P 500 97.3%
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 tape is bifurcated. On one side, Asian risk is extended at highs — STI, DBS, OCBC, HSI and HK tech all carry golden crosses with RSI in the 60-70s (banks are outright overbought at 71/68.6), and MCHI's RSI 90 is the single most stretched reading on the board, a short-term froth warning for the China ETF. On the other side, a laggard cluster is oversold in death crosses — TSLA, CSI 300, UMS, DOGE, Shanghai Comp — which argues for bounce potential but no confirmed reversal until each reclaims its MA20/MA50. Crypto occupies the extreme: BTC/DOGE near 52-week lows with Fear at 29. Net: the momentum is in SG banks + HK tech; the mean-reversion candidates (TSLA, CSI 300, crypto) are accumulation zones for patient capital, not chase-able yet. Also note the near-52w-high cluster (DBS, OCBC, STI, S&P 500) is advancing on below-average volume (0.17-0.55x for SG names) — a participation gap that argues for trailing stops rather than adding.
9. Earnings Calendar Alert
Alibaba (9988.HK / BABA): Aug 20, 2026 — within the 14-day window. Reports Q1 FY2027; stock is +15% m/m into the print, so expectations are high. Watch cloud/AI commentary and buyback update.
NVDA: Aug 26, 2026 (after market) — just outside the 14-day window but the biggest upcoming catalyst; consensus is for another strong data-center quarter. Monitor positioning into the print.
BYD (1211.HK): H1 results typically late August — not yet confirmed; watch for an official date. SG banks (DBS/OCBC) have already reported.
10. TL;DR
Key Takeaway
The portfolio's Asian sleeve is the clear winner: STI is at 52-week highs on bank strength (DBS RSI 71, OCBC at all-time-highs zone), HSI is above its 200-day MA, and HK tech (Alibaba +15% m/m, BYD +8.7% m/m) is in full golden-cross uptrends — but the rally runs on thin volume and banks/MCHI (RSI 90) are stretched, so the prudent move is to trail stops and take partial profits into strength rather than add. The US sleeve is mixed (S&P flat, AAPL/TSLA weak, NVDA consolidating before Aug 26 earnings), and crypto remains the laggard — Fear & Greed at 29 with BTC still 8.7% below its 200-day MA means accumulation should be staged into weakness, not chased. The single biggest near-term catalyst is Alibaba earnings on Aug 20 — with the stock up 15% in a month, expect elevated volatility and consider trimming into the print if the position has grown. Overall: let winners run with discipline, avoid chasing MCHI at RSI 90, and keep powder dry for a confirmed crypto turn (BTC reclaim of ~$70k MA200) or a capitulation flush.