SRS Portfolio - 18 Apr 2020. A dead cat bounce?

I bought 30,000 units of Capitacommercial Trust at 151 cents this week. My order of Mapletree Commercial Trust at 172 wasn't completed as the price moved away from me and of all the REITs, Mapletree is trading at par whereas the rest are of better value. 

I guess during times of duress, those with better credit quality or with a strong parent will perform better.

Wifey's Netlink Trust also rebounded back to "pre-covid-19" levels. The "WFH" phenomenon is benefiting Netlink as people realised that they need a better internet connection to work efficiently from home. Stocks like Sheng Shiong also benefited from this WFH phenomenon where people cook more and eat out less.

You can see that i am building a portfolio of REITs in SRS. Other than the Suntec REIT which i could have timed it better, the rest are currently in the money. I have priced in a 75% distribution haircut for the REITs and i am looking beyond the Covid-19.

The question is whether Covid-19 is over or is this market a "dead cat bounce" to trap the last die-hard bulls?

Your guess is as good as mine. I have learned over the years that i can't time the market and i don't have the time to time the market. 

For my SRS counters, i buy for the longer term. After this purchase, i have around $53,324 cash remaining in my SRS account.

For those who have been following my posts, i divested all my US stocks this week when it staged a very strong rebound. In particular, the position in Amazon has done pretty well even though the position is not big.

That is all for today. Happy Staying at home!