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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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 w...