Saturday, 18 May 2024

Meme pump and China bull

 Stoks

  • MSCI SG removed 5 local stocks including 2 in the portfolio, MPACT and MLT.
  • Both stocks fell as much as 3 to 4% when market opened on Wed.
  • Sold off A17U at some losses and deployed some of cash into all three Mapletree holdings.
  • On hindsight, it was a good move as CPI data that night came better than expected resulting in a strong bounce the following day.
  • Seems like HK stocks from ML picks are going higher and higher, good news for the holders after such a long bear market.
  • Reason could be US market being too expensive thus funds going into HK markets.
  • Anyway, hoping for the recovery of HK/CN so as to boost reits which have businesses there.
  • GME went on a small squeeze after DFV posted a picture on Sun, price went from 17 to 70 at the highest and closed the week at 22.
  • Congrats to those who made gains on this pump.
  • Bought 500 more DBS, still waiting for OCBC to hit the 6% yield before buying more.
  • No actions for MSFT, only selling calls for some 13 USD which isn't too bad.
  • Next week will be a fed speech given the schedule of the economic calendar, looking forward to cuts confirmation.
US P/L 272471.85

*SG P/L 47095.24, 

Still waiting for FCT's div to reflect in corporate action

HK P/L 192977.35

*Up-ed approx 8.4K SGD ftw




40011.90 USD
119447.25 SGD, redeemed 23K















32.15% Banks

40.79% Reits

16.75% Cash 

10.3% US Tech

*Will be receiving 6k+ from 2 banks next week



Life
  • Debtor returned 2nd of 1.2K, gave notice for 3rd n 4th payment to be combined.
  • At least it was given beforehand notice so no issues with that.
  • Still waiting for RMG report, its been 2 weeks. Will have to call if no news by this coming fri.
  • Met up with some of them, congrats to the soon to be father.
  • Checked the payouts to be received in the next half of the year, excluding medisave a total of 2.05k.
  • Good for a jodless guy like myself...pkl

No comments:

Post a Comment

No fed cut but one member say next month possible.

 Stoks Another down week for local banks, while not much directions for US markets despite the wars or whatever ongoing saga. Biggest news w...