TSLA bounced back to 240

 Stoks

• Looks like buyers have won the week, pushing price up to 239 ah for our EM.
• Despite NVDA beating earnings to rally to highs of 518 on Thur pre, ultimately sold off due to expectations of Jackson meeting.
• He has spoken which rates will still be increased in order to bring inflation down to 2%, good for savers and opposite for borrowers.
• Imo, US is fked big time whether they choose to adjust rates. Who cares as long the companies that people invest in can thrive.
• Sold all of MSFT and bought 80 back at 321.65, changed weeklies to monthlies while leaving funds in USD vault paying 5.3% as of last price.
• USD stands at 37% of portfolio, based on calculations which pays around 32 USD per day and approx 100 USD per day for options.
• SGD stands at 63%, where 48% is held in cash for dips and 52% in banks/reits. 
• Tbh, why did I redeem SGD vault? I doubt there will be major crashes to all in at this point in time.
• The moment I add in more shares, the payout will only come in a few mths unlike USD.
• Cannot have best of both worlds, if week starts off good, will then deploy cash back in TV.
• Received DBS/OCBC div, 3 more weeks for MSFT/FCT/JYEU.
• Thought of a challenge, where I will try trading with 1K and aim to get an Explorer with the profits.

Up-ed some via MSFT, considering to sell on TSLA

Slight recovery after trimming FCT/JYEU/MLT

Life

• Contemplating to get a 2tone Explorer or just a Explorer, just find the design superior over Sub.
• If time allows me to farm another 433 USD, will get a last sub 40mm ND.
• Body decided to surprise me with another stye on the other eye, must be due to late nights compromising on the body immunity.
• Managed to find the chlortralim in the fridge yesterday, felt like striking lottery.
• 2 more weeks to cruise...pkl

TSLA JBB to lows of 212

 Stoks

• Another round of price cuts caused a 11% drop for TSLA but up-ed 1.5% ah to 218s, citing lack of demand for cars.
• Together with the data from China which mentioned deflation as people cut back on spending despite stimulus from CCP.
• US markets weren't spared as well with both indexes falling around 2% from pervious week.
• MSFT went to lows of 311 but surprisingly managed to close above my strike of 315 which means more puts to sell next week.
• NVDA earnings next week, make or break for markets. Given AMAT beat in earnings, probably reflect a beat so some calls like the WSB 500C.
• SG banks took a big hit esp O39 after its ex div date, down-ed almost 6%, DBS 2.68% and UOB 3.62%. 
• Really left down to the remaining 115K which I have to buy prudently among my SG pf and entire holdings are red.
• Not too worried about MSFT as prices are set according via CSP.
• Received first Q3 div from UOB, next week will be DBS n OCBC, followed by MLT, AIMS and LREIT (big whammy as well).

P/L downed due to holding losing out more than premiums earned.

Ex div plus market conditions whacked P/L hard.

MMF increased to 130K USD n 80K SGD

Life

• One week since car purchase, so far so good but still having the new car feels where I tend to check the car daily as per current writing.
• Came across this TW ytber about cars, at least get some info on how cars work and the purchase sops.
• Stye is still stubborn and despite frequent pokes, no pus wants to come out except for yesterday random encounter.
• Received DJ this week and also the oysterflex, not too bad...pkl

Seems like it's happening

 Stoks

• As per previous week's post of whether a correction is about to take place, this week proved that yes it is.
• CPI was higher than previous mth at 3.2% vs expected 3.3% due to higher oil prices.
• TSLA didn't manage to hold its share price and fell to 242.65 from 253.86.
• EM really wants to fight Zuck instead of trying to speed up CT n FSD progress, seriously smh.
• Sold out of entire position, rotated to MSFT as a pure US play.
• Bought total of 180 at basis of 324.69, selling weekly puts to average down if price is right.
• Continued weekly buying of banks n reits as the benefits will still be there for me when rates change.
• First payout from UOB will be on next Fri followed by DBS and OCBC on the week after.
• Will likely buy more OCBC on coming Mon due to ex div date, current annualized rate stands at 6%.
• Approx 170K SGD remaining which will bring SG pf to 540K while 50K USD as efunds and remaining 267K USD for MSFT plays.
• Should TSLA fall below 200, will initiate a buy then.

US P/L should be quite flat from now on, 200USD RG

Will add Div history once every payout is received.

Topped up 50K in USD MMF for efunds

Life

• Finally, changed the Fit into Elantra, although it was a older model but benchmarking from the Fit, it's a world's apart comparison.
• Push start, auto side mirrors and the fancy gimmicks.
• Went to see on Thur, bought and received on Fri at cost of 42340 for 30 months exp 14/2/26.
• Sent for PPI at CJ and they highlighted some issues amounting to almost 3K additional, will bring to MF inhouse NCS for further checks on Tues.
• Pretty satisfied about the car, just that it's a larger size and need some time to adapt to.
• Perhaps extending COE by 5yrs if not hoto for another Avante...pkl

Goodbye my Fit, good 2yrs.

Is the correction coming?

 Stoks

• Bad week for entire market, together with Fitch downgrading US debt rating.
• TSLA closed at 253.86 from last fri closing of 266.44, lows and highs for the week was at 250.49 and 269.08.
• Clearly 270s was rejected big time and 250s was the support.
• Did some stupid trades, from 630 to 119.42 shares as of closing time yesterday.
• Aapl dropped by almost 5% while Amzn rose by 9% after beating earnings. When will TSLA get that kind of beat?
• Pltr will be announcing their earnings on Mon after market close, perhaps some call buying to speculate?
• Things don't really look good for  TSLA in the short term, really think I'm a on/off bull. Foresee 240s next week?
• Sold some csp for following week, took out USD from TV, left with 40% cash as buffer, perhaps buying more SG reits since banks have ran up quite a bit.
• Technically rates up, banks benefit, rates down, reits and tech benefit. So far SG stands almost at 25% of total pf.

Lost back UR gains, RL of 116.11 USD red week

UR gains decreased by ~ 3.7K due to ex div counters (M44U, U11, 05RU)

Life

• Met with agent friend, received L chocolates as bday gift.
• Will probably contact MF soon for availability of the car in a week or two.
• Nothing much happening, waiting for Patch Master, thinking of getting a rep VSF OP...pkl