Just wow at DBS earnings

Stoks

STI 4239.83

HSI 24858.82

Nasdaq 21450.02

• As per title, the week has come for DBS to announce their earnings and despite OCBC and UOB missing expectations due to lower rates in SG, this national bank was the only one to beat and increase YOY net income by 1%.
• As a result, share price rallied and broke the 50 barrier and made ATHs at 50.98 before closing at 50.74.
• But not much of a big deal since this is just url cap gains and divs are still the same based on share count.
• Can only drip 300 shares instead of 400 due to the higher price.
• No change to the normal plus special of 15cents.
• Likely to see pullback next week, just nice to have ex div date on Thurs.
• Good week for Nasdaq, almost 4% for the week and PLTR and NVDA continues to break ATH, unstoppable.
• Continue with CSP on IBIT during this consolidation phase, perhaps it may be better to get some just in case it moves up unexpectedly.
• DCA MSFT bi-weekly for TBL and opened new CSP for her IBIT.
• Drip-ed back AIMS div and top up a little more shares on Fri, will continue if it goes down.
• Cash pile is healthy at 7% unless BTC suddenly goes down to 86K.
• CPI data on next Wed but no one cares, if market drops good if not hold.
• Sold out of entire HK position to raise cash in case DBS fell but it didn't so using those funds for CSP.

US P/L 281176.16

SG P/L 459620.42

Up-ed approx 87K from DBS beat, high chance to drop next week.

1.2807 USD FX

+ AIMS/IBIT

- CNOOC/CLINT

Life

• Went to CouCou at Jewel thanks to KYP's generous treat and also her kaya coconut cake.
• Special visit to PNG just to calibrate my 16200 and also to look at new watches, esp those which were shortlisted earlier.
• Gian towards the 116233 white roman but as per lady boss, trade in will lose 30% withing 1year which makes up to around 2.1K.
• Is it really worth to trade up? Still like the look of the 5digit DJ with flimsy clasp.
• Best to hold to my next milestone before changing.
• Cousin wedding next sun, will be bringing MW to Dempsy at 7pm...pkl

As expected, rally has started to fizzle

Stoks

STI 4153.83 

HSI 24507.81

Nasdaq 20650.13

• Yap, that's the end of the STI bull run as we head into the months of Aug and Sep, traditionally the bearish months of the year.
• DBS started falling since Mon and has dropped almost 3% for the week, much expected when the pump last week came unexpected.
• Other 2 weren't spared as well and OCBC earnings wasn't as good although expected to have lower profits due to lower rates.
• FOMC held steady and despite local rates falling, reits somehow still got affected.
• Jobs data on Fri had a surprise where they announced lower jobs and previous months' data to be revised downwards.
• Basically means data was wrong and now Fed has to consider cutting due to economy being bad and not economy being better.
• This coincidence or not, spooked markets on Fri and dropped more than 2% 
• Sold my MSFT, AMZN and META and IBIT, left with top 3, PLTR, NVDA and AVGO.
• So far AMZN and TSLA missed earnings, remaining big tech is NVDA which will be in a few weeks time.
• Next week will be the one for DBS and UOB, hoping that DBS to have a chance to negate drop in interest income with non interest income.
• Good that share price has started to drop back else it becomes hard to drip back div.
• Got CLINT as a addition to my local PF, sold 2318 and rotated to CNOOC.
• Considering to sell it to just sell puts on IBIT, fuss free.
• Pushed Cash back up to 6%, i think in future will have to keep bullets in control. 
• Better to have a substantial amount for reasonable dips.
• Sold more puts for IBIT, may be assigned next week for a 58 strike.
• Redeemed USD MMF, may use for local dips.
• PLTR earnings on Mon, waiting for it to jbb.

US P/L 276137.82

SG P/L 379235.52

HK P/L 176821.95

Down-ed approx 38K from pullbacks, expected.

1.2861 USD FX, slight recovery for DXY

- MSFT/META/AMZN/IBIT/2318

+ CLINT

Life

• Bird-day week, updating on the very day.
• Came down with flu this week, managed to eat the Mos prawn burger and soup. Notch bad.
• Officially the month of Aug, inevitable countdown to missing Mario Wang.
• Will have to push back any impulsive lolex buy, next milestone is 2m or 35.
• Went to donate $10 to SGpools, fk this motherfking mindset of mine.
• 2 more weeks to cousin wedding...pkl