So Singapore stocks took a pretty sharp turn on Friday after riding a nice four-day rally. The STI had been up over 80 points or so, but then it just gave back a lot of that momentum in one session, dropping nearly 79 points and settling around 4,938. That's a 1.57 percent hit for the day. A bunch of the big names got hit too - financials like DBS and UOB were down, property plays took losses, and some of the industrial stocks stumbled. A few bright spots like Singapore Airlines managed a small gain, but overall it was pretty heavy. The thing is, with Lunar New Year coming up, a lot of markets are basically shutting down this week, so Singapore stocks might just tread water for a bit. Wall Street was all over the place too - mixed signals, nothing really sticking. The inflation data came in a bit softer than expected, which gave people some hope about interest rates, but the markets didn't really know what to do with it. Crude also inched up a tiny bit after that big drop the day before. Hard to say if Singapore stocks find any real direction before the holiday break kicks in. Could stay pretty choppy.