Sunday, 25 August 2024

Jpow say time has come

 Stoks

  • Week started off strong as market anticipated something good to happen at the Jacksonhole meeting.
  • It was until Thursday that a small selloff happened as traders took profit in case things don't go the way they wanted to the next day.
  • But Jpow showed the middle finger to the bears as he mentioned "the time has come for policy to adjust" which sent another pump.
  • However it closed slightly lower compared on Mon than on Fri.
  • Rotated almost entire % of QQQM into CRWD, MSFT, GOOG and NVDA.
  • Still keeping biweekly DCA of 500 into QQQM and deposited another 16K SGD to make records easier to keep.
  • Meanwhile reits in SG is having a party as most continued to go higher in anticipation of bigger cuts which will lower their cost of borrowing.
  • Ascendas and Mit reached levels not seen for some time but are generally still far from the ath.
  • Looking at Mit transactions, slight regret is coming in lol but oh well this is the price for being stubborn and unwilling to adapt.
  • Bought some more DBS n OCBC to balance the ratio.
  • If opportunity comes again, will not hesitate to buy more, feels too late to chase reits when you have 6% yield at 50% payout ratio.

US P/L 264200.22

SG P/L 56871.04

IBKR $50034.73 C47794.26

Up-ed approx 12.2K SGD excluding 9.3K from DBS next week




100197.71 SGD 

1.2967 USD FX

Withdrew 16.1K to IBKR




Bought alittle more of each, still very stubborn




Life
  • Tmd is taking so long for QC to come, it's been 4 weeks since order was made and still no pics.
  • Emailed sales but still no reply as of now, bloddy hell man.
  • Edit, finally received on Sun morning 10am. 
  • Friend informed TD started giving crypto discount 4days ago, like wtf man.
  • Poor boy had his PTSD as he was left alone for 1hour, he must have felt Uncle and Mama abandoned him.
  • Received gin made from local distillery sent with thanks from Tiger Brokers for their 10th anniversary. 
  • Still appreciate their efforts in maintaining PR with their clients unlike trad brokers.
  • Went for BFT at Yoha thanks to fren's company, not too bad still won $10 SB card for longest dead hang.
  • Met with group of sec sch frens, had pizza and Lao Wang and stayed till 1am...pkl

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