Saturday, 21 June 2025

No fed cut but one member say next month possible.

 Stoks

  • Another down week for local banks, while not much directions for US markets despite the wars or whatever ongoing saga.
  • Biggest news was the fed cut but decision was expected as JP remains his stance on higher inflation due to tariffs.
  • Looks like local banks are front running the interest rate cut based on their share price.
  • No buybacks from DBS this week, the only reason why UOB was flat unlike the other 2 which dropped 1%.
  • At this point, doubt to be any positive catalyst for banks to go up.
  • Plan for DBS div drip may have to be reconsidered, the funds can probably earn more from selling options on HIMS and IBIT.
  • Sold off some US positions on a red day to deploy into other stronger convictions despite higher valuations.
  • Touched some CSPs on CRCL, bloddy ridiculous stock, would have got 240 USD if not for pussy me, ended up with around 60 USD.
  • Left with 6 US positions and 2 HK positions.
  • Did some sell low buy lower with PING AN and CNOOC but paid extra 71 HKD due to the fees.
  • TSLA robotaxi is on Sun, feeling it to be just a hype event, nothing much to expect but still keeping the stock nonetheless.

US P/L 272346.07

SG P/L 281999.94

HK P/L 164888.07

Down-ed approx 14.5K this week, WD 5.5K out for life policy.










1.2828 USD FX














- MSTY/MSFT/IBIT







Life
  • Went for MI8 movie screening, a final closure to a 29 year old franchise.
  • Tom Cruise is still the OG for action movies, went to Vivo just for the free movie.
  • If somehow I have a car next year, will drive to Seah Im to park there.
  • Nothing much of happening this week...pkl

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