Last post to end of 2022

 Stocks

• What a year it has been, especially with how the market has humbled me significantly.
• Started off the first trading year with 1.6M USD carried forward from 2021 with the expectations of hitting 10M SGD as long I held my 3801 shares of TSLA (post split) towards the next few years.
• Fast forward, FOMC started increasing rates to combat inflation, together with the Ukraine-Russia war which has been ongoing since Feb 22, the entire market went down except for energy/oil and certain companies.
• Luna collapse caused a chain reaction within the crypto space which led to Celsius, Blockfi and latest FTX insolvency, chances are Binance will be the next to go and if that happens, GG to crypto.
• Started selling TSLA since June and went on options only to go back to square one since start of investing, effective losing all the UR gains and possibly some losses which can't be calculated.
• Reason for selling was due to uncertainty of EM, 2 years ago he seemed like someone who had dared to do the impossible but now he's just doing things which doesn't align with the typical company things.
• Rotated entire PF to just dividends companies from HK n SG, with an average yield of 6% PA, it should be a less hassle kind of maintenance to handle. May be looking to swap DBS and/or OCBC for more HK banks to maximize yield.
• Unlikely for CN to be hit with future covid restrictions so at current 8% yield and low PB ratio, seems like a good deal.

Life

• 2023 goals would most likely be to touch PF lesser to cut down on unnecessary fees and let div companies do their job. If were to choose something from US, probably SPGI since they are the ones who give ratings and performance wise, relatively similar to SPY and without holding entire 500 companies which some may not be my preference.
• Trader friend has requested additional top up of mutual fund, will only happen if debtor repays entire amount.
• As expected, debtor comes out with excuses everytime date of promise is near, reminded him a total of 3 times, 40 days, 2 weeks and 3 days before and each time acknowledged but failed to deliver. Will have to charge interest and this has officially closed any potential future business opportunities.
• Last strike will be the one if he fails to repay in 3 days, I can write down as bad debt but not before letting his wife know about the current situation....pkl

TSLA still can buy anot?

 Stocks

• Update since last post, TSLA opened lower on tues and literally went down a waterfall.
• No words can describe the situation so just look at the graph.

• Likely to have a leg up due to 'oversold' conditions in this last 2 days, still considering to go in because moi seems to cha-cha with the prices everytime.
• Current pre-market is slightly green, may be a bull trap so see how it goes.
• Fk the trading shit, I'm done at 5pm for now.
• Deliveries estimate from WS stands at 420k-ish, 50% yoy is most likely unachievable and EM with his one last pump before eoy.

• Re-adjusted dividend PF to hold 7 SG and 4 HK dividends. Left w approx 1.1m HKD and 52k SGD to slowly buy in. Contemplating to buy some using premium funds.

Life

• Year ends in 3days, so far this year has been one where greed played a huge part in my life. From having sky high unrealistic expectations to losing 1m unrealized gains.
• Will post a giant trade summary on 31st...pkl

CB tio camera flash...!?

 Stocks

• One of the highest volume week for TSLA, 20% down over past 5 days, with price touching new lows everyday.

• EM said not to sell anymore stocks till 2025 but can his words be trusted anymore?
• Mentioned to sell more cars even at lower profits, this move may destroy other EV companies who can't produce fast enough/produce at lower costs.
• Following Mon will be a PH so effectively 4 more trading days, hopefully to end the year with a green week.
• HK market will open on Wed while SGX will open on Tues.
• Sold off my AAPL shares at a 3k ish loss, bought some calls to offset losses. IMO not feeling good about US in the next few months.
• Rather than trying to sell stocks at the best time, holding dividend stocks will allow profit taking every payout.
• Sold off C38U, deploying 490K HKD, 188K SGD, 104K USD slowly and keeping 148K in TV to earn additional interest before premium dates.
• PF

Life

• Drove back from work today, seems like there was a flash, fingers crossed not my car but if it is, then a 4 pt deduction plus $150 donation.
• What's done is done, 3 more counter shifts to end the year.
• 1 week to first $10K repayment, as usual keep expectations low...pkl

Div PF allocation

 Stocks

• Rebalanced entire pf by doing some stupid shit, currently holding 10 SG 4 HK 1 US in total.
• % allocation stands at ~37% 22% 11% and 30% cash including premium debts.
• Planning to buy 24k each into the 4 big heavens and remaining 130K into lucky 10s, or maybe half more into HK provided prices are right.
• Sold 5 contracts worth of AAPL puts, if assigned will hold 1k shares to wheel for weekly income.
• Tesla saga continues as sp hits all time low everyday, seems like it may go to my first purchase price around 110 pre-split which coincides with AK's target to buy.

Life

• Going for Christmas gathering with sec school friends. hope not to receive some pointless gifts which were not intended.
• Debtor will be paying half of loan in 8 days time, best not to have much expectations.
• Will be meeting trader friend in the following month, will see progress by then...pkl
• Merry Chrispmas..

Lost CPI bet, EM sold again, ARG won WC22

 Stocks

• After update on previous post, TSLA had a one hell of a downtrend vs the other two. Fed rates came as 0.5% expected while CPI came in at 7.1% actual vs 7.3% expected.
• Most stocks actually opened higher on Tues before coming back down for the entire week.
• Turns out EM sold another ~4B worth, dk if he expected a weaker Q4 results so sell first at a better price or something else.

5D

• Surprise came on Wed when CGS announced he bought back 2000 shares at 159, fomo-ed in and took losses cause you know me, paper hands.
• Bought AAPL, sold puts and got assigned on AAPL, holding 500 at 137.37. Gonna wheel this stock till it gets called away.
• Anyway prata-ed myself again by selling out my reits and buying SG banks. Will look at both J69U and BUOU for malls/logistics play.
• Will redeem 2.5K USD per week from TV for slow DCA-ing, HK% feels sufficient at the moment. *Edit sold all HK.
• TB reported some weird shit going on, fingers crossed settled tmr.

Life

• Congrats to ARG for winning WC22 after almost 40years since last victory, stayed up till 3am to watch with group.
• Even though lost money cause emotions play again tmd. Need to learn more about conviction, don't play if can't afford to lose.
• Sleep cycle is gone case, 2am plus everyday fml..pkl

CPI bet?

 Stocks

• Didn't manage to post due to overseas trip to HY, summary was both SPY and QQQ fell upon slightly higher than expected PPI results while TSLA rose more than 3% for last Fri's closing.
• Things took a change on Mon, best shown in the picture below.

• Kudos to the special rate from EM's big mouth towards wokeism and 'free speech nonsense', TSLA was the only few whom fell 6.27% lower.
• CPI data will be released in 30 mins as of current posting, current prices are pricing a better than expected results of 7.3% or lower.

• Fed rates will be announced the following day, as long within 0.5% all shall be fine.
• Officially started dividend plays from HK and SG companies mainly 4 banks, 3 oil companies and then entire Mapletree Group.
• Allocations here.

Life

• Came back from HY after a 5D4N trip with sec school friends, bought new pants, shorts and one oversized shirt. Spent a total of ~$260 for the trip...pkl

Gave up liao

 Stocks

• After 2 weeks of options farming, markets turned for worst as interest rates fears again in anticipation of CPI and new rate hike in the following week.
• Took losses back to approx original capital prior to SPY strategy.
• After watching ML video on his CN thesis, decided to give it a go since chinese stocks have been on a recovery trend.
• Current plays would be focused on Financials and one Commodity play in HK market and the the trinity of Mapletree in SG market for Reit exposure.
• All companies give at least a 6% div without any WHT which is an advantage. Drawback is CN banks pay yearly in Jun/Jul while CNOOC pays semi annual in Jun and Sep.
• The trio pays at least twice to 4 times per annum which helps to fund my broke lifestyle.
• Have allocated 300k USD to BOC, ICBC, ABC, CCB and CNOOC. Will continue to fund bi-weekly from remaining 272K in Tiger Vault
• Have allocated 280K SGD to do a monthly fund for the trio while earning interest in the Vault.
• Hopefully this becomes a passive passive pf from now on, no more interest in the market.
• % of allocation will be updated once available.

Life

• Going to HY tomorrow, may not be able to update and by the time I'm back, CPI data would have been released.
• Fingers crossed to a downward inflation...pkl

Is EM playing with fire?

 Stocks

• Nothing much to say except TSLA outperformed both SPY n QQQ in the 5day timeframe due to speech on Wed which gave some assurance to the market.
• EM decided to go on a spree to expose corruption in the US political world via leaking Hunter Biden's files.
• Tbh really not my kind of stuff to know but hopefully he is able to do while being in a safe environment.

• Sold half of puts for QQQ n SPY option to potentially get more premiums, good CPI results may rally markets higher. Whether BMR or not, take first think later.

• After 28 weeks of blogging, I'm back to square one with my post on 21/5/2022. FTS
• Realized Options $5957 vs Unrealized HODL $2168.27

Life

• Going for wedding tmr at Orchard Hotel.
• Received $450 from govt ASP, would have gotten more if not due to AI 2021...pkl

Jpow spoke, markets flew. TSLA broke 189

 Stocks

• Markets have been going sideways since Mon with TSLA opening low, going high and then closing low.
• Share price for SPY went below my strike yesterday, opened a csp for TSLA at 175, 5 csp for QQQ at 280. Will be allocating around 1:4 for QQQ vs SPY.

• Jpow spoke around 2.30am indicating lower interest rates starting from Dec which was expected but somehow markets rallied hard from uncertain opening. Summary here.

• Pre markets seems to be down after such a big rally but who knows..

• TSLA finally broke its trend based on the line I drew, closing at 194+,  next one will 200 based on last resistance.

• Neuralink event summary here, tbh too complex for me, no doubt.
• Btw look at this BS, failed to meet expectations but....

Current time at 5pm 1/12

Life

• Almost a year since sec school friend's wedding, so much has happened since then. Will list down on the last post of the year regarding 2022 happenings.
• Went for first wedding at Conrad, next one will be at Orchard...pkl