Saturday, 19 August 2023

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

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