Since the 18th of May, the STI has gained 5.1%.

OCBC outperforms during this period, gaining a whooping 12%!

Picking counters that outperform the STI is not by luck, it is by design.

The TradersGPS system specifically picks out counters which are likely to outperform the broad market.

Click here to find out how TradersGPS does it.

STI

The uptrend is still intact, manage your exposures accordingly and try to stay long more than short.

If you already have existing short positions then manage them tightly and don’t get greedy.

STI uptrend still intact

OCBC

Be patient and follow system.

According to Reuters OCBC has a beta of 1.06 and Yahoo Finance indicates it has a beta of 1.08 against the STI

Which means over the long run OCBC should have a very similar gain/loss percentage as the STI.

OCBC outperforms STI by 7%

Wing Tai

Be patient and follow system.

Wing Tai be patient and follow system

ComfortDelGro

May find some sellers around 2.37-2.40

Pay attention and manage your trades accordingly.

If you are not keen to find out if the sellers can bring prices down from that area, then close the position if the trailing stop is triggered.

ComfortDelGro pay attention and manage your trades accordingly

Wilmar

As mentioned, wilmar might find sellers around the 3.41-3.46

Pay attention and manage your trades accordingly.

WIlmar pay attention and manage your positions accordingly

Breadtalk

Some in the community had already identified this on the 27th July scans.

Be patient and wait for the next signal.

Breadtalk keep watch for next signal

To find out more about how to pick the most likely stocks to outperform the markets,

Click here.

The post 1st Aug STI Market Update: OCBC outperforms STI by 7% appeared first on The Systematic Trader | Trading Courses | Collin Seow.