Saturday, 11 January 2025

Correction coming soon?

 Stocks

  • A downweek for US indexes mainly due to a few reasons, first the LA fires and then strong jobs data which means lesser chances of rate cuts due to stronger economy.
  • BBs are not buying the dip as much as last few weeks.
  • Banks went higher on Wed for no reason but OCBC managed to hold it's gains to reach ATHs while the other 2 touched and retraced.
  • OCBC came out with the news of share buybacks.
  • Still not buying any unless they get attractive enough cause yield isn't worth it for me.
  • Sold all of my QQQM and bought into NVDA, PLTR and IBIT.
  • Gonna start to deploy capital more carefully into these stocks as higher for longer.
  • Got a little more of CFA reits this week also.

US P/L 268761.04

SG P/L 277383.80

Up-ed approx 18K SGD for the week





1.3671 USD FX

15376.92 USD MMF








+ NVDA/PLTR/IBIT/CFA

- QQM





Life
  • Got into a bad flu plus cough since last week, still having the runny nose and phlegms.
  • Rainy days since it started on Fri, estimated to last till Mon/Tues.
  • Burden Wang went for his long staycation as I will be going for ICT next Mon to next next Fri.
  • Rabz to next 2 weeks of early bird.
  • Nothing much happening for this week...pkl

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