Good morning mooers! Here are things you need to know about today's Singapore:
●Singapore shares opened lower on Monday; STI down 1.01%
●Commodities face tough week as Fed angst builds
●Stocks and REITs to watch: Singtel, SPH Reit, Aspen
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened lower on Monday. The $FTSE Singapore Straits Time Index(.STI.SG)$ decreased 1.01 per cent to 3,114.16 ...

Latest target prices and analyst ratings update of Singapore stocks & REITs.
$SIA Engineering(S59.SG)$ $SATS(S58.SG)$ $Frencken(E28.SG)$

Stocks sink in late-day selloff as big tech falls
U.S. stocks fell in thin trading a day after notching another all-time high in the final days of the year. Treasuries ticked higher.
The S&P 500 sank to session lows in the last few minutes of trading Thursday, a day after posting its 70th record close of the year. Big-tech stocks including $Microsoft(MSFT.US)$ and $Apple(AAPL.US)$ helped drag the $Nasdaq Composite Index(.IXIC.US)$ lower, wh...

Asian stocks may get boost from record U.S. close
Asian stocks looked set for a tailwind Tuesday after another all-time high for U.S. shares on optimism that the global recovery can weather risks from the coronavirus and tightening monetary policy.
Equity futures for Japan pointed higher after the $S&P 500 Index(.SPX.US)$ notched its 69th record close this year, led by the energy and technology sectors, though volumes were lower than average. U.S. contracts were steady. Hong Kong will reopen after a holiday and Australia remains closed.
Stocks' rally will likely survive the Fed's first hike, Crossmark says
Crossmark Global Investments's Victoria Fernandez said in a Monday interview with Bloomberg Television that historically equity markets continue to rise after a first interest rate hike and don't actually take a hit until after the Fed's second or third increase.
JPMorgan says investors are too bearish, no selloff in sight
"Conditions for a large selloff are not in place right now given already low investor positioning, record buybacks, limited systematic amplifiers, and positive January seasonals," the strategists led by Dubravko Lakos-Bujas wrote in a note to clients. "Investor positioning is too bearish -- the market has taken the hawkish central bank and bearish omicron narratives too far."
It's December 1999 based on the NYSE shares touching new lows
Amid all the celebration of a rousing year-end in stocks, Doug Ramsey has a sobering observation about a situation below the market's surface.
Last week, when the S&P 500 closed at a 52-week high, 334 companies trading on the New York Stock Exchange hit a 52-week low, more than double the amount that marked new one-year highs. That's happened only three other times in history -- all of them in December 1999, according to Ramsey, who is chief investment officer for Leuthold Group.
CDC recommends shorter Covid isolation, quarantine for all
U.S. health officials on Monday cut isolation restrictions for Americans who catch the coronavirus from 10 to five days, and similarly shortened the time that close contacts need to quarantine.
CDC officials said the guidance is in keeping with growing evidence that people with the coronavirus are most infectious in the two days before and three days after symptoms develop. The decision also was driven by a recent surge in Covid-19 cases, propelled by the omicron variant. CDC Director Rochelle Walensky said the country is about to see a lot of omicron cases.
The metaverse won Christmas
$Meta Platforms(FB.US)$, Facebook's parent company, had the most popular app in Apple's App Store on Christmas: the Oculus VR app. It's a sign Meta's virtual reality headset was one of the most popular technology gifts over the holidays.
This gives Meta more opportunity to show customers the possibilities of its vision for the metaverse.
Holiday shopping fuels the return of credit card debt
After paying off a record $83 billion in credit card debt in 2020, Americans are on track to end this year back in the red. By the end of the year, Americans are now on track to end up with $70 billion more in credit card debt, according to a projection by personal finance site WalletHub.
Credit card balances are expected to continue to rise in 2022, according to one forecast.
Apple closes stores to customers in New York City due to surge in Covid cases
$Apple(AAPL.US)$ closed its stores in New York City to indoor traffic due to a sharp rise in Covid-19 cases. Customers ordering online aren't restricted from picking up products outside retail locations.
The move, which affects its locations in Manhattan, Brooklyn, the Bronx and Staten Island, isn't a complete shuttering of stores like the company has done in the past to slow the spread of the virus.
Source: Bloomberg, CNBC

Stocks set for mixed open on virus risk; oil falls
Stocks looked set for a mixed start Monday and oil slid amid concerns about more curbs to tackle the omicron virus variant, tightening monetary policy and a setback for President Joe Biden's economic agenda.
Futures earlier slipped for Japan but rose for Hong Kong. Australian stocks edged down, while U.S. equity futures fluctuated. Global stocks retreated last week in part on an outlook of diminishing central bank stimulus as officials pivot toward fighting inflation.
Risks pile up for millions of day traders buying India stocks
Nithin Kamath, the chief executive officer of India's largest online brokerage, estimates that his platform handles 10 to 12 million orders on the average day. They're increasingly from first-time investors under the age of 30, executing dozens of trades at lightning speed off their mobile phones.
Young investors like those on Kamath's Zerodha Broking -- which has come to be known as India's Robinhood -- helped drive its stock market to records this year, but many are now buying at a time when risks are building up.
European power prices for Monday rise to record on cold snap
A combination of colder weather, low wind and nuclear outages, combined with very expensive natural gas prices, saw daily power prices in Spain jump to a record while French equivalent rose to its highest level since a rare price peak in 2009.
With benchmark natural gas prices seen seven times higher than at the start of the year due hampered supplies from Russia, traders are bracing for even higher prices in the coming coldest winter months.
Crypto attracts more money in 2021 than all previous years combined
Need more proof that this is the year digital assets went mainstream? How about the fact that venture capital funds have poured about $30 billion into crypto, or more than in all previous years combined for the little more than decade-old technology.
As other established firms such as Coinbase Ventures, Digital Currency Group and Polychain Capital bet on the next big crypto thing, all manner of experimental projects — a social media app that turns celebrities into tokens, a play-to-earn NFT game inspired by Elon Musk or a collectible consisting of a list of words — secured funding.
Cathie Wood says innovation stocks are in 'deep value' territory
"After correcting for nearly 11 months, innovation stocks seem to have entered deep value territory," she wrote in a blog post she said was intended to share ARK's thought process. "We take advantage of volatility during corrections and concentrate our portfolios toward our highest conviction stocks."
Chinese electric car start-up Nio reveals a new sedan, augmented reality glasses
Chinese electric car start-up $NIO Inc(NIO.US)$'s second electric sedan, the ET5, is set to begin deliveries in September 2022, CEO William Li said Saturday at the company's annual "Nio Day" event. Li also announced custom augmented reality glasses for the car that are made by Nreal, a Chinese start-up backed by Nio's investing arm.
On the global front, Nio plans to enter Germany and three other countries in Europe next year, Li said.
'Cash could be your friend': Wilmington Trust sees a deeper pullback providing better opportunities for investors
Despite a bullish 2022 outlook, Wilmington Trust's Meghan Shue expects the wild swings to ramp up as investors digest a less accommodative Federal Reserve and assess new risks tied to the Covid omicron variant.
"While we're overweight to equities, we're holding elevated cash because we think there are probably going to be more opportunities presenting themselves," the firm's head of investment strategy told CNBC on Friday. "Cash could be your friend over the coming months."
Slim chance U.S. stocks will rack up another year of gains
The $S&P 500 Index(.SPX.US)$ is poised to end higher for the third year in a row, having added more than 20% so far in 2021. Another rally in 2022 would make for a four-year winning streak, which has happened only five times in nearly a century.
Analysis shows a three-year streak -- like the one now -- is uncommon, but not terribly out of the ordinary, occurring 11 times for data going back to 1927, and making another year of gains a toss-up. The longest-ever wining streak was the eight-year period from 1982 to 1989 (even with a dramatic crash in October 1987, the S&P 500 still eked out a gain).
Source: Bloomberg, CNBC

$Salesforce(CRM.US)$ may the salesforce be...