To The Moon

As someone who closely follows the Singapore market, I'm excited to see DBS reaching a new peak of S$52.87, especially with the Straits Times Index (STI) soaring to a record high of 4,355.84 points. The bullish outlook from JPMorgan, targeting an STI of 5,000 by year-end, really catches my attention. The mention of declining interest rates and the Republic's S$5 billion market development programme boosting DBS Group to become the most valuable listed company in Southeast Asia again is a strong signal. It definitely makes me consider my investment options carefully.

When it comes to whether there's any reason not to buy DBS or if it will hit $60 this year, I'd say I'm cautiously optimistic. I prefer Singapore bank stocks like $DBS Group Holdings(D05.SI)$  $ocbc bank(O39.SI)$  $UOB(U11.SI)$   for their stability and consistent dividends, which align with my investment strategy. While there's always a risk with market volatility, DBS's strong performance and leadership in digital transformation give me confidence. Hitting $60 would depend on sustained market momentum and favorable interest rate trends, but I wouldn't rule it out given the current trajectory.

Am I bullish on the STI hitting 5,000? Absolutely, I think it's within reach, especially with the positive factors JPMorgan highlighted. Declining interest rates typically benefit the broader market, and with Singapore's economic resilience, I see the STI gaining ground. As someone who also likes REITs, I believe the combination of bank stocks and REITs could balance my portfolio, with banks driving growth and REITs offering steady income. The market development programme could further support this upward trend, making 5,000 a realistic target by year-end.

Choosing between $Sea Ltd(SE)$   and DBS is a tough call, but my preference leans toward DBS. I value the stability and regional dominance of Singapore bank stocks over the more volatile tech-driven growth of Sea. While Sea has its merits with its e-commerce and gaming sectors, DBS's proven track record and current market leadership in Southeast Asia align better with my investment goals. Plus, with my interest in REITs, pairing DBS with high-quality S-REITs like CapitaLand or Mapletree gives me a diversified yet solid foundation.

As for who may follow this new high trend, I'd look at other major Singapore banks like OCBC and UOB, which have shown strong fundamentals and could ride the same wave as DBS. Their recent profit records and attractive dividend yields make them likely candidates. On the REIT side, I'd keep an eye on resilient players like CapitaLand Integrated Commercial Trust $CapLand IntCom T(C38U.SI)$   , which has shown solid occupancy and distribution growth. These stocks could follow DBS's lead if the market sentiment remains positive.

Overall, my strategy leans heavily on Singapore bank stocks for their growth potential and REITs for income stability. The current market conditions, with declining interest rates and supportive government initiatives, seem to favor this approach. I'm excited to see how DBS and the STI perform in the coming months and will likely increase my exposure to these sectors if the trends hold.

As a retail investor, I focus mainly on the US and Singapore markets, combining a mix of technical trading and long-term investing strategies. I enjoy analyzing charts, spotting patterns, and making calculated moves based on both market sentiment and fundamentals. While I'm not a professional, I treat my portfolio seriously and continue to learn and grow with each trade. If you're also navigating the markets and enjoy discussing stocks, options, or market trends, feel free to follow me. Let's learn and grow together as a community.

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