Daily Stock Report
Tuesday, September 01, 2026 at 10:16 SGT
1. Market Snapshot
All markets open and trading — Tuesday, Sep 1, 2026, no US or SG holidays, no weekend gap, so every print is fresh. The tape is risk-off but orderly: STI -0.48%, S&P 500 -0.58%, HSI -1.0%, Shanghai -0.10%, while CSI 300 +1.76% and crypto edge green. Crypto Fear & Greed Index at 69/100 - Greed (up from 65) — sentiment warm, not euphoric.
2. Market Benchmarks
| Index | Price | Chg% | RSI | 52W% | Trend |
|---|
| STI (SG) | 5,727.81 | -0.48% | 50.9 | +97.00% | Neutral |
| S&P 500 (US) | 7,686.14 | -0.58% | 45.2 | +91.30% | Neutral |
| HSI (HK) | 25,311.26 | -1.00% | 47.1 | +50.40% | Neutral |
| Shanghai Comp (CN) | 3,982.14 | -0.10% | 55.5 | +47.40% | Neutral |
| CSI 300 (CN) | 4,608.93 | +1.76% | 32.7 | +98.60% | Bearish |
Mixed tape with clear divergence: the STI is the standout leader (97% of its 52-week range, +14.1% above its 200-day) and the S&P 500 is close behind at 91% of its range despite a -0.58% pullback today. China large-caps are the laggard — CSI 300 slumped -6.7% over the past month (RSI 32.7, death cross) even while sitting near its 52-week high, signalling a sharp momentum reversal on ~5x volume. HSI is stuck mid-range (50% of 52W) and drifting lower (-1.0% today, -2.2% m/m).
3. SGX Stocks (SGD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| DBS | 76.87 | -0.68% | 52.2 | +0.35 | +1.21% | +5.87% | +24.81% | +96.10% |
| OCBC | 31.61 | +0.29% | 51.6 | +0.37 | +2.47% | +10.10% | +36.62% | +98.40% |
| UMS | 2.62 | -1.50% | 43.9 | +0.24 | -1.32% | +2.13% | +37.46% | +75.00% |
| Sheng Siong | 3.22 | +0.00% | 58.3 | +0.16 | +0.03% | -1.01% | +9.86% | +83.20% |
| HSTECH | 0.73 | -0.82% | 29.6 | +0.17 | -3.56% | -3.02% | -10.64% | +10.30% |
Quiet and constructive tape: DBS and OCBC both hold golden crosses at 96-98% of their 52-week ranges, yet RSI ~52 means the bank rally is not overbought — trend intact with room to run. Volume is unusually thin across the board (0.14-0.37x average) — a post-earnings lull, not distribution. The divergence is HSTECH: RSI 29.6 (oversold), just 10.3% of its 52W range, -10.6% below its 200-day — while UMS (+14.9% m/m, +37% above MA200) shows the semicon supply chain is far healthier. Sheng Siong consolidates flat near highs with a death cross — defensive name, no urgency either way.
4. US Stocks (USD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| NVDA | $220.78 | +1.48% | 47.1 | +0.67 | +0.93% | +5.83% | +12.66% | +78.30% |
| AAPL | $316.85 | -0.89% | 69.8 | +1.18 | +2.03% | +1.43% | +12.04% | +76.60% |
| TSLA | $367.95 | +5.51% | 68.1 | +1.67 | +7.87% | +2.26% | -8.14% | +35.00% |
| MCHI | $54.72 | -0.33% | 39.0 | +1.28 | -1.27% | +1.48% | -5.48% | +27.70% |
S&P 500 slipped -0.58% to 7,686 but stays 91% of its 52-week range with a golden cross — mild consolidation after a strong month (+3.3%). NVDA is the healthiest mega-cap: +1.5% today, above all key SMAs, RSI 47 (no froth). TSLA is the momentum standout — +5.5% on 1.67x volume, RSI 68 — but it remains -8.1% below its 200-day with a death cross, so read it as a sharp countertrend bounce within a downtrend, not a breakout. AAPL shows the classic divergence: RSI 69.8 (near overbought) alongside a fresh death cross and 1.18x volume — price near highs while internal momentum rolls over. MCHI (China exposure) stays the laggard at RSI 39.
5. HKSE Stocks (HKD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BYD | HK$89.55 | +2.69% | 53.3 | +0.50 | -1.34% | +2.33% | -5.90% | +41.20% |
| Alibaba | HK$110.80 | -2.98% | 35.2 | +0.25 | -8.19% | -1.80% | -17.21% | +22.70% |
Hong Kong is drifting lower: HSI -1.0% today, -2.2% m/m, mid-range (50% of 52W) with elevated 1.48x turnover — active but directionless selling pressure. BYD bounced +2.7%, reclaiming its 50-day, but on thin 0.5x volume after a -3.3% week — the bounce lacks conviction. Alibaba is the contrarian watch: RSI 35.2 approaching oversold, -17.2% below its 200-day, -11.5% m/m — the trend is clearly down, and with volume at just 0.25x the selling is NOT capitulating, so any bounce would be low-quality. No oversold-bounce trigger yet; wait for RSI <30 and a volume pickup before averaging in.
6. Crypto (USD)
Fear & Greed: 69/100 - Greed (up)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BTC | $78,249.85 | +0.75% | 79.6 | +1.09 | +8.00% | +15.80% | +12.71% | +30.00% |
| ETH | $2,456.56 | +1.60% | 76.6 | +0.99 | +9.37% | +20.99% | +21.30% | +29.20% |
| DOGE | $0.08 | +0.73% | 64.8 | +0.80 | +2.73% | +10.56% | -6.97% | +6.20% |
Crypto is extended after a powerful month: BTC +22.4% and ETH +31.3% m/m, both golden crosses with RSI overbought (79.6 / 76.6) — yet both sit only ~30% of their 52-week ranges after the earlier capitulation (BTC low $57.7k vs high $126.2k). Fear & Greed at 69 (Greed, ticking up from 65) shows sentiment swung from panic to greed. The -2.5%/-2.2% weekly pullback is healthy RSI-cooling within an uptrend; BTC holds +8% above its 20-day. DOGE is the laggard — 6.2% of 52W range, still below its 200-day (-7%) despite +18.7% m/m. Bounce potential stays intact while BTC holds the 20-day (~$72.5k); a daily close below it signals a deeper consolidation.
7. Currency Corner (SGD Perspective)
USD/SGD ticked up +0.20% to 1.2715 — SGD softened slightly but remains historically strong, well below its 52-week highs after a year of appreciation. For a Singapore-based investor this is mildly positive for USD/HKD holdings converted back to SGD; the 0.2% move is noise, and the bigger picture is a stable, firm SGD that trims foreign-currency returns. CNY/SGD at 0.1887 shows no stress — no regional contagion signal for the SGD.
8. Key Signals
Unusual Volume (High)
- Shanghai Comp 5.00x
- CSI 300 5.00x
Unusual Volume (Low)
- Alibaba 0.25x (thin)
- UMS 0.24x (thin)
- Sheng Siong 0.16x (thin)
- HSTECH 0.17x (thin)
Near 52W High (>95%)
- CSI 300 98.6%
- OCBC 98.4%
- OCBC 98.4%
- STI 97.0%
- DBS 96.1%
- DBS 96.1%
Golden Cross (MA20 > MA50)
- Alibaba
- BTC
- BYD
- DBS
- DBS
- DOGE
- ETH
- HSI
- HSTECH
- MCHI
- NVDA
- OCBC
- OCBC
- S&P 500
- STI
- UMS
Death Cross (MA20 < MA50)
- AAPL
- CSI 300
- Shanghai Comp
- Sheng Siong
- TSLA
What it means in aggregate: a two-speed market. Momentum is hottest where it is most crowded — BTC and ETH are overbought after +22-31% months, so new longs are poorly rewarded; trailing stops or partial profit-taking is the rational move. The weakness is concentrated in China/HK risk (Alibaba, MCHI, CSI 300 at RSI 32-39) and SGX tech (HSTECH RSI 29.6) — none has capitulated on volume yet, so catching falling knives is premature. Golden-cross breadth (STI, S&P 500, DBS, OCBC, NVDA, HSI) keeps the medium-term trend constructive; the death crosses (AAPL, TSLA, CSI 300, Shanghai, Sheng Siong) are the risk flags. The ~5x volume on Chinese indices is the one true anomaly — heavy mainland turnover deserves attention. Net: stay invested in leaders, trim the overbought, wait for volume-confirmed reversals in the laggards.
9. Earnings Calendar Alert
No watchlist ticker has a scheduled earnings date in the next 14 days (through Sep 15, 2026). The recent cycle has concluded — DBS/OCBC (early Aug), Alibaba (mid-Aug), BYD and NVDA (late Aug) all reported; the next meaningful wave (AAPL/TSLA, US banks) is weeks away. NVDA's post-earnings drift has been absorbed.
10. TL;DR
Key Takeaway
The market is a two-speed tape: Singapore banks and the STI are grinding at 52-week highs with healthy (not overbought) momentum, while China/HK exposure (Alibaba, MCHI, CSI 300) is weak, and crypto — though +22-31% over the past month — is overbought and due a breather. The most actionable moves for a diversified portfolio: take partial profits or trail stops on BTC/ETH after the parabolic month (F&G 69, RSI 79.6/76.6), keep bank holdings intact as trend leaders, and avoid adding to HK/China names until RSI washes out with volume confirmation (Alibaba 35.2, MCHI 39, CSI 300 32.7 — all still falling, no capitulation volume). TSLA's +5.5% spike on 1.67x volume is a countertrend bounce below its 200-day, not a trend change. Net stance: constructive but defensive at the margin — trim the extended, hold the leaders, wait for confirmations in the laggards.