Hahah missed earnings

 Stoks

• TSLA missed earnings and share price tanked to 220 as of Fri's close.
• Lost about 1K USD from betting on the direction of the movement.
• Should have just followed my instinct of buying calls and puts rather than betting straight on 1.
• Would have earned at least 200 on a 900 capital.
• Sold off TSLA and rebought 11K worth of QQQM, opened IBKR and dca into new holdings such as CSPX and adding QQQM n MAG.
• Will be considering to add FB if the share price gives some discount.
• DBS lost almost all of its gain since the pump in the last week of June, preparing to whack more once yield starts hitting 6% soon.
• TBH the capital gains doesn't matter as long it is able to maintain and increase the yield over time.
• So far last purchase of 800 shares at average of 36.88 which is still decent at 5.85%.
• Remaining sum of 356K to be used for monthly IBKR DCA of 2K SGD and D05.

US P/L 264210.56

SG P/L 53078.16

Down-ed approx 10.6K SGD.

333213.70 SGD, subscribed 70K

1.3383 USD FX

Withdrew 20K SGD to fund IBKR

Bought 300 DBS n 60 QQQM

66.03% Banks 

1.4% US Tech

32.57% Cash

Life

• Last IPT for this cycle before new one begins next Sat, will be going once per week for 10 weeks to max out effort pay.
• Met secondary sch fren on Thur's session, looks like he's doing good.
• Deciding whether to buy a silver OP36 for my new 'last' collection but kept thinking about the bloody opportunity cost.
• It doesn't hurt the pocket but why is there a big contemplation?...pkl

Bought back into the cult and sold QQQM

 Stoks

• Bought back into TSLA to play earnings next tuesday, made a agreement with myself to keep allocation to roughly 10K SGD worth.
• Unless prices really get even more attractive but will see how it goes.
• Big news over last week where Trump was shot, making markets fearful while crypto soared almost 15% over this week.
• Speech from Biden and Trump also spooked the market esp towards the semicon industry and additional tariffs for Chinese goods.
• DBS took a dump of almost 3.27% and OCBC 2.03% from last Fri closing, probably due to sector rotation as market prices in rate cuts.
• No issues as long the company can maintain its 50+% payout ratio and continue to increase profits Q after Q.
• Still see banks as a better play than reits, if banks paid 90%, yield will be at least 10% at current prices.
• No rights and issue of debt required for them as well so no dilution.
• Looking at the charts, TA may take D05 back to 36 which is a 6% yield, last bought at 36.46 around 5.92%.
• Sold out of entire QQQM position as influenced by ML where markets should start to slow down towards end of the year.
• Accepting my fate if things doesn't go my way.

US P/L 265375.55

SG P/L 62119.54

Down-ed approx 16.7K SGD from banks dumping.

263022.13 SGD, redeemed some for DCA

1.3406 USD FX

Plan to buy SGD if USD goes up more

Bought TSLA, Sold QQQM

64.08% Banks

0.43% US Tech

35.49% Cash

Life

• Trader fren kept his promise and returned a day before deadline.
• Went for 3 IPT this week, turns out they paid lesser than IPPT attempt probably due to shorter duration.
• Mini style appeared on the right eye and managed to pop it since the right always seems to be caused by continuous late nights and junk food.
• Decided to skip one day of push up so as to destress the eye but will still go for the light training at Bedok FCC...pkl

Took profits on TSLA and DCA QQQm

 Stoks

• Took profits for TSLA this week and received around 500+ USD, still better than nothing.
• CPI data came in on Thur, beat expectations of 3.1% and SG reits rallied even before data was released at 8.30pm.
• Lower CPI data but actual prices are still so much higher than few years ago, just cherry picking data to justify good leadership from Biden.
• As what a youtuber said, the data was probably leaked beforehand to BB thus they made their moves before everyone.
• HK and SG reits/developers all did a massive pump in the last two days of this week due to higher expectations of rate cut this Sep.
• But nothing is still confirmed until the man himself makes the announcement.
• DBS closed at ath of 38.38 although like previous week sold down on the last day but overall still closed 51c higher at 37.93
• Closed other CSP plays, while setting daily DCA of 150 or 3K monthly for QQQM. May continue option plays on QQQ due to its liquidity.
• Assuming all else the same, will be able to DCA for at least a full year before depletion.
• Bought 200 DBS this week avr around 37.53, take as weekly DCA and plan to drip dividends back into holdings to lock profits.

US P/L 267633.48

SG P/L 84267.45

Up-ed approx 8.33K SGD from higher close of banks

Ath closed for the week.

313029.74 SGD, redeemed some for DCA

1.3373 USD FX, DXY fell due to expected future cuts.

May be good to accumulate some USD

Bought into QQQM for lower ER

Kept QQQ cause no sense to sell

63.6% Banks

9.47% US Tech

26.8% Cash

Life

• Went for IPT on Thurs, the $23 is really harder to earn compared to 3years ago and max attempts of 10 sessions.
• Nevertheless, still better to get paid while doing the same stuff.
• 6th and 7th payment to be received from trader friend by end of the next Mon, hope he took opportunity of the TSLA breakout and not play stunt again.
• Received 4 shorts bought from Shopee, cost around $4+, hopefully they are of decent quality.
• Ordered mosquito net as well, need to replace the previous net which was placed almost 4 years ago...pkl

LJ tsla gapped up as earnings was 'beaten'

 Stoks

• MVPs of the week TSLA n DBS
• TSLA deliveries result came in on Tuesday, after many revises, expectations was 438K from initial of 448K.
• Guess what, it managed to beat at 443K deliveries and produced 441K compared to Q1 of 387K deliveries and 433K produced.
• Seems like they managed to sell their excess vehicles produced in Q1 but whether at a profit or not, it will be known in the earnings call on 23rd July.
• Market liked the result very much and BB pumped the stock from 197 to close at 251.
• Basically it's a TA move and not a FA since previous it broke and closed above previously resistance of 204.
• From there, funds pumped it to break 220 240 and now towards 260. Next will be 280 and 300 if it happens and bulls will flood Twitter with the gains ss.
• Surprisingly, Tesla YTD has turned positive from almost down -40% and rose from lows to 140 to now 250.
• SG cult leader is happy celebrating this week i guess, almost 135K SGD gains in 1 week.
• But url Profits/Losses are not rl Profits/Losses so nothing to be happy about like DBS this week as well.
• DK which BB decided to pump local banks to ATH, DBS at 38.17 and OCBC at 15.15.
• Same thing, 52w highs in PF but still just url gains which can be gone anytime.
• Not going to lock in gains since no change in fundamentals and if rate do cut, opportunity to buy more will come.
• Meanwhile contining DCA into QQQ despite ATHs almost everyday.
• CSP sold on them are decaying fast but will continue to hold on till expiry since margin of safety is big.
• Still have more than 30% in cash to slowly deploy, will buy back into DBS once ex div.

US P/L 268485.87

SG P/L 73710.93

Up-ed approx 34K SGD due to banks

336344.54 SGD

1.3451 USD FX

Standard 1K/week DCA QQQ

62.5% Banks

4.59% US Tech

32.88% Cash

Life

• Met up with fren on Friday, shared some investing tips.
• Changed car insurance from Income to Singtel, which partnered with GE. Paid around 1.2K with supposedly $280 petrol vouchers for new customers.
• Est to receive by month end and with similar benefits for the policy.
• Will be receiving 2.4K next week from trader fren as part of interest repayment plan, hopefully he cashed in on TSLA breakout and not chut pattern.
• Gian Png max and booked slots from next Thur and Sat onwards to train at Bedok FCC for the extra $23 per session.
• If I'm gonna exercise, might as well get paid for it...pkl