Daily Stock Report
Friday, September 04, 2026 at 09:01 SGT
1. Market Snapshot
Friday, 4 Sep 2026 (SGT) — no US/SG holiday and not a weekend, so all markets were open; US prices reflect Thursday’s close. Tape is bifurcated: S&P 500 +1.06% and STI +0.59% grind near 52-week highs, while China is the sore spot (CSI 300 -3.6% on ~5x volume). Crypto ripped higher again (≈+5-7%) and the Fear & Greed Index jumped to 74/100 — Greed (from 65). USD/SGD fell 0.61% to 1.2668 — SGD firming in risk-on trade. 52W% = position within the 52-week range (100 = high).
2. Market Benchmarks
| Index | Price | Chg% | RSI | 52W% | Trend |
|---|
| STI (SG) | 5,747.71 | +0.59% | 50.1 | +97.70% | Neutral |
| S&P 500 (US) | 7,747.71 | +1.06% | 50.3 | +95.40% | Neutral |
| HSI (HK) | 25,213.31 | -0.07% | 55.1 | +48.70% | Neutral |
| Shanghai Comp (CN) | 3,942.09 | -0.97% | 52.0 | +39.80% | Neutral |
| CSI 300 (CN) | 4,552.58 | -3.60% | 26.4 | +97.00% | Bearish |
SGX (STI 5,748, 97.7% of 52-wk range) and the US (S&P 500 7,748, 95.4%) are the clear leaders — both up on the day with mid-range RSI (50) so momentum is healthy, not yet euphoric. The laggard is China: CSI 300 -3.6% on ~5x average volume with RSI 26.4 and a fresh death cross is an air-pocket de-risking, while Hang Seng (-0.1%) and Shanghai (-1.0%) are drifting lower but not broken; HK sits at 48.7% of its 52-wk range — neither leader nor laggard.
3. SGX Stocks (SGD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| DBS | 77.95 | +0.45% | 57.6 | +1.05 | +2.12% | +6.68% | +26.08% | +97.50% |
| OCBC | 31.92 | +0.22% | 55.2 | +0.79 | +2.45% | +10.14% | +37.17% | +96.90% |
| UMS | 2.52 | -0.79% | 20.3 | +0.74 | -5.33% | -1.68% | +31.26% | +70.30% |
| Sheng Siong | 3.25 | -0.61% | 50.0 | +0.68 | +0.84% | -0.15% | +10.66% | +85.30% |
| HSTECH | 0.71 | -0.41% | 26.5 | +1.22 | -5.22% | -5.43% | -12.63% | +5.80% |
Banks remain the engine: DBS (97.5% of range) and OCBC (96.9%) hold golden crosses and quietly grind higher, though both are stretched (+26%/+37% above MA200) so the easy money has been made. The signal-rich action is in the beaten-down names: UMS crashed to RSI 20.3 (-5.6% on the week, fading volume at 0.74x — sellers exhausting, not accelerating) and HSTECH sits at 5.8% of its 52-week range with RSI 26.5, a death cross and -12.6% under MA200; elevated 1.22x volume on HSTECH shows distribution is still active, so bottom-picking needs patience. Sheng Siong is the calm anchor — flat around MA50 (RSI 50) with a mild death cross and light 0.68x volume.
4. US Stocks (USD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| NVDA | $228.45 | +3.21% | 49.4 | +0.93 | +4.18% | +9.16% | +16.40% | +88.80% |
| AAPL | $328.21 | -0.05% | 72.9 | +0.91 | +5.19% | +4.67% | +15.84% | +86.20% |
| TSLA | $376.37 | +0.26% | 56.7 | +1.38 | +9.31% | +5.03% | -5.90% | +39.20% |
| MCHI | $54.37 | +0.24% | 48.8 | +1.51 | -1.56% | +0.58% | -5.85% | +25.70% |
S&P 500 +1.06% to 7,748 with NVDA +3.2% leading — the AI leader kept its golden cross alive and reclaimed momentum after a pullback, yet RSI 49.4 shows the move is a reset, not an overextension. AAPL is the divergence to respect: RSI 72.9 (overbought) while its 20-day has rolled under the 50-day — price above both MAs but a death cross beneath it is a late-stage-structure warning after a sharp run; watch for mean-reversion. TSLA trades above its 20/50-day MAs but still -5.9% below the 200-day with a death cross — recovery is real (1.38x volume shows conviction) but technically capped. MCHI printed 1.51x volume with a golden cross — early accumulation signs in China exposure, though -5.9% under MA200 keeps it defensive.
5. HKSE Stocks (HKD)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BYD | HK$85.70 | +0.53% | 37.8 | +0.66 | -4.85% | -2.46% | -9.81% | +32.50% |
| Alibaba | HK$107.50 | -2.18% | 29.9 | +0.87 | -9.60% | -5.04% | -19.35% | +19.30% |
HK is the portfolio’s weak spot and its most interesting contrarian setup. Alibaba: RSI 29.9, -19.4% below MA200, -16.1% on the month — deeply washed out, yet volume on the down day was only 0.87x (sellers losing force). It even printed a golden cross, but price still sits -9.6% under MA20: the setup argues for tranche accumulation, with a reclaim of ~HK$119 (MA20) as the confirmation trigger. BYD is a slower bleed — -6.8% w/w, -8.6% m/m, RSI 37.8 on fading 0.66x volume; no capitulation flush yet, so drift risk remains. The Hang Seng itself is neutral (RSI 55.1, -1.8% vs MA200): stock-specific pain, not an index-wide breakdown.
6. Crypto (USD)
Fear & Greed: 74/100 - Greed (up)
| Name | Price | Chg% | RSI | Vol | MA20% | MA50% | MA200% | 52W% |
|---|
| BTC | $81,042.39 | +4.84% | 59.3 | +1.39 | +8.39% | +18.39% | +16.50% | +34.00% |
| ETH | $2,504.00 | +4.70% | 49.1 | +1.28 | +7.46% | +21.24% | +23.27% | +30.60% |
| DOGE | $0.09 | +7.04% | 42.3 | +1.65 | +5.92% | +15.74% | -1.38% | +8.20% |
Full risk-on rebound: BTC +4.9%, ETH +4.7%, DOGE +7.1% on 1.28-1.65x volume with golden crosses across the board — BTC is now +16.5% above MA200 after the capitulation flush. Fear & Greed jumped to 74 (Greed) from 65 in a day, which is exactly how bear-market rallies feel at the start: powerful, volume-backed, but sentiment-normalising fast. Reality check via 52-week positions: BTC 34%, ETH 31%, DOGE 8% of their ranges — prices are still 64-92% below highs, so this is a violent recovery within a damaged tape, not a new high regime. DOGE (1.65x volume, 8% of range) is the highest-beta bounce candidate; BTC needs to reclaim prior breakdown levels to turn this into a trend. Bounce potential is intact short-term, but chasing full size at Greed-74 after one up-week is poor risk/reward — scale in on pullbacks.
7. Currency Corner (SGD Perspective)
USD/SGD -0.61% to 1.2668 — the SGD firmed against a soft USD in risk-on trade, the strongest one-day SGD move on this report. For a Singapore-based investor this is a mild FX headwind on unhedged USD/HKD assets: today’s S&P +1.06% and crypto gains are shaved ~0.6% on conversion back to SGD, while the STI (+0.59%) needs no FX adjustment. A firmer SGD also supports Singapore asset appeal and keeps imported inflation contained — consistent with MAS’s gradual-appreciation bias. Net: FX is a small drag on US/HK sleeves, not a portfolio-level concern.
8. Key Signals
Unusual Volume (High)
- Shanghai Comp 5.00x
- CSI 300 4.99x
Near 52W High (>95%)
- STI 97.7%
- DBS 97.5%
- CSI 300 97.0%
- OCBC 96.9%
- S&P 500 95.4%
Golden Cross (MA20 > MA50)
- Alibaba
- BTC
- BYD
- DBS
- DOGE
- ETH
- HSI
- MCHI
- NVDA
- OCBC
- S&P 500
- STI
- Shanghai Comp
- UMS
Death Cross (MA20 < MA50)
- AAPL
- CSI 300
- HSTECH
- Sheng Siong
- TSLA
The aggregate read is a barbell: upside momentum is concentrated in SG banks and US large-caps (DBS/OCBC/S&P near 52-week highs; AAPL overbought at RSI 72.9), while China-linked risk (CSI 300, Alibaba, HSTECH, UMS) is washed out at RSI 20-30 with the CSI selloff on ~5x volume. Golden crosses outnumber death crosses ~16:5, and crypto just flipped back to Greed (74). In aggregate these signals say rotation, not unwind: hold the leaders for trend, but the highest expected-value trades are small tranches into the oversold cluster (UMS, Alibaba, HSTECH, DOGE) rather than adding to strength at 52-week highs.
9. Earnings Calendar Alert
No watchlist earnings within the next 14 days (through 18 Sep 2026). NVDA reported Q2 FY27 on 26 Aug (next: 17 Nov, confirmed). Typical upcoming windows: TSLA — early/mid-Oct; DBS/OCBC Q3 — early Nov; Alibaba FQ2 — mid-Nov; AAPL FQ4 — late Oct/early Nov. The near-term drivers are macro (US data, Fed path), not single-stock events.
10. TL;DR
Key Takeaway
Markets are bifurcated: SG banks and US large-caps grind near 52-week highs with healthy mid-RSI momentum, while China/HK tech and SG small-caps (CSI 300 RSI 26.4, Alibaba RSI 29.9, HSTECH at 5.8% of range, UMS RSI 20.3) are washed out after a violent de-rating — and crypto ripped +5-7% on 1.3-1.7x volume with Fear & Greed back at 74. Actionable: (1) hold the leaders (DBS/OCBC, S&P 500) — trends are intact and not overbought at index level; (2) trim or hedge the AAPL overbought (RSI 72.9) exposure; (3) start small tranches in Alibaba/UMS/HSTECH/DOGE only on stabilisation signals — an MA20 reclaim is the cleanest trigger; (4) treat crypto’s surge as a high-quality bounce inside a damaged tape, not a new regime — don’t chase at Greed 74. The SGD’s 0.6% firming is a minor FX drag on USD/HKD sleeves. Calendar is quiet: no watchlist earnings until mid-October.