Saturday, 5 August 2023

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

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