Saturday, 22 July 2023

What was I expecting for earnings?

 Stoks

  • Market expected deliveries not to beat, TSLA managed to beat.
  • Market expected earnings to beat, TSLA managed to beat but at the cost of lower gross and operating margins as a 'car' company.
  • Share price rose to highs of 299 on Wed but closed at 291, fomo-ed in and the rest is history.
  • Initial thoughts were expecting earnings to miss but got influenced by share price since previous NVDA was red before doing the 20% AH jump.
  • Together with the way EM spoke to the market, it clearly didn't understand a Martian way of speaking thus confusion equals sell off.
  • Share price closed at 280 AH, sold down to 262 on Thurs and closed at 258 AH on Fri.
  • Mistakes were made, got greedy and didn't hedge with puts for the 3rd earnings, big lesson.
  • No more options during earnings week and HHH.
  • From last week profits, gave back 28K USD including UR gains based on numbers on TB.
  • Together with the new Nasdaq rebalancing rule, sell down definitely had something to do with the rule. Mon may sell another sell down as people starting to cut loss.
  • Profits lost also due to rolling of options downwards, will stop at 1.5K shares max unless prices go below 200.
  • Allocating remaining back to reits and banks, bought UOB, AIMS, FCT, LREIT and MLT this week.
  • Holding 580 shares at 259.58.

Down-ed 28.3K URG and RG but fx recovered some pf value







 Up-ed 1.7K URG due to good timing for UOB purchase
























Life
  • Burden Wang is experiencing some body issues, hopefully he can recover asap.
  • Made up mind to get a 2yr elantra around 2yrs + but too bad, car has been bought by someone else. 
  • 1 more mth for remaining lease of car, let's see whether any fate towards a car of similar specs.
  • Tried to service the aircon but damn not worth the time...pkl






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