Saturday, 6 January 2024

First post 2024

 Stoks

  • Closed at 237.40 after hours from last week of 248.48.
  • Looks like a beat in delivery numbers is Q4 wasn't enough to boost the stock.
  • Entire market wants to rotate to non-tech as per AK analysis, given earnings is in 2.5 weeks time, I doubt it will be a good one.
  • Still staying in course of game, dca SPY and other big 3 if price allows.
  • PLTR got downgraded by a chapalang analyst, bought 2K worth at avr of 16.04. Not too bad to lower avr from 17.45.
  • Will buy 1K every 0.5C down in price.
  • Past few days of markets have been open high closed low, that should be expected after a good 2023.
  • Really foresee 2024 to be a low growth year due to bullish expectations from around.
  • Looking at JPM after trader fren mentioned, all I know is I paper handed at 145 and now it's at 172.
  • As US largest bank, hard to lose out to fintech but at current prices, not worth to buy.
  • Based on TA, gap at 441 for SPY to fill, next support 140 for AMZN, 357 for MSFT and 127 for GOOG.
  • Will sell 225 puts on TSLA next week, won't hold any prior to earnings.
  • Some pullbacks for SGX as well, still above limit prices so no actions.
  • CPI/PPI data next, forecast is higher than previous of 3.3 vs 3.1 so means rates to stay higher? 
  • Doesn't matter to me tbh but gotta conserve ammo jic.

US P/L 246046.02

SG P/L 20020.50





Took some funds out of TV

1.3264 400741.34 








SPY has became no.1 in value







Life
  • First week of 2024, and as per 2023, I rmb there were many disasters as well which started the year.
  • This week had Japan on the headlines with earthquakes, airplanes catching fire, buildings as well and stabbing on trains.
  • Really good timing considering JP trip next week but ren ming ba.
  • Cutted hair on 5/1 considering price hikes as CNY approaches, thankfully shop hasn't plan to increase for the year.
  • Sold 4 watches to lower total cost but still hold 12 on hand.
  • Seems like now Chinese brands hold better value then swiss replicas.
  • Trader fren has returned 30/70 and will finish by mid week as per his intentions.
  • Will contact sec sch fren for updates once everything is done...pkl











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