Liberated from the profits thanks to TRUMP

 Stoks

• Worst worst big drop in the week for now, markets has officially entered a bear market with more than 20% drop from the highs.
• Both S&P and NASDAQ fell more than 10% in the past 2 days after the mad man decided to blanket tariff the entire world. Expected a u-turn tbh, looking at how markets rallied before that.
• Anyways, can't do nothing much other than to slowly buy the dips down. Just gotta be patient as other countries may follow CN to retaliate with tariffs to US.
• Recession seems to be more likely to happen given what may happen if the tariffs really take place.
• Trimmed some US stocks bought over this week and added MAG.
• Will make more sense to add individual stocks when prices are lower than usual.
• Local banks followed the path of big US banks and dropped big, eating into my UR gains.
• Left w slightly more than 4% cash, plan to trim some from the HK side to fatten up reserves.
• Bought DBS too hastily at 45.58 before the day of drop, added another 100 at 43.59.
• Next buy will be 41.65 and plus it is going to ex-div on the following Mon which means very likely to hit the price since there was another big drop in financials today.
• Looking at TA, there is a gap to fill at 39 :( toh.
• Perhaps may rotate some OCBC into DBS.
• So far, still have around 25% and 16% of MOS for both banks, will be sed if it breaks but shall see again.
• Buy no scare, scared no buy.

US P/L 268786.68

SG P/L 246886.83

HK P/L 178418.38

Down-ed approx 77K SGD from Trump

1.3376 USD FX

+ MSFT AMZN GOOG DBS

Life

• Went for kyp ROM, count down to the inevitable has begun. House viewing for her next week and reno will commence the following week.
• Woke up early for QM festival, went back to Senang for the Meepok.
• Hospital premiums to be deducted this week and pkl...