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