Saturday, 3 May 2025

Market has officially recovered since Tariff announcement

 Stoks

  • Another strong week as Trump self made disaster seems to have been accepted by markets.
  • 3% for the week for QQQ, overall 4% more to breaking even YTD.
  • Looks like market is slowly flowing back into hype stocks.
  • Was indeed a good decision to put some funds into US market last week, wasn't the bottom but still managed to get some paper gains.
  • Somehow MSFT became my bigger winner now, followed by DBS and META.
  • Bought into IBIT, NVDA and TSLA this week for some FOMO.
  • NFLX broke through ATH this week, really strong moat which can't be deterred by tariffs.
  • Too late to buy in, almost a 500B company but still a 1x if it manage to go into 1T.
  • Dip into 200 more DBS for both accounts before earnings next week.
  • Still have more than 14% in case things turn for the worse, FOMC meeting next week, unlikely to have rate cuts.
  • US jobs data were better than expected, no point to cut since low unemployment rate isn't a basis for cuts.
  • Unless tariffs are cancelled which will reduce further inflation, cutting now in the midst of high tariffs will simply bring back inflation.
  • Probably bottomed already but no regrets not buying more, YTD still down 3%.

US P/L 269886.10

SG P/L 233100.28

HK P/L 162005.15

Up-ed approx 10K SGD








1.2943 USD FX














+ IBIT TSLA NVDA






Life
  • Voting week, keep expectations low.
  • Just going to see higher COL as usual but if economy continues to prosper, will still benefit from it.
  • Yeap as expected PAPPY won with 65% this time, many swing voters due to kacang puteh parties being the competitors.
  • WP didn't manage to win Tamp and Punggol but they have 2 more NCMP in.
  • Worst thing to happen was NCM got inside, sadded. Till than 5 years later, let's see how hard PAPPY will fk us.
  • Fast forward, 4 months have past, the dreaded countdown for MW has started...pkl

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