Finally a red week for QQQ

Stoks

• Haven't seen a red candle on the weekly since 5 weeks ago and finally one appeared this week.
• Week started strong to ath and then suddenly got dumped on Tues morning but somehow the dip got bought up fast in a strong V recovery.
• Wed and Thur continued to get pumped from BB via NVDA only to get dumped on Fri.
• Consolidated semis into SMH and bought more on Thurs due to FOMO at 575 and the rest is history.
• Holding around 700 shares of SMH as of closing, will slow down on dip buying since strike is getting closer.
• Left with TSLA and GOOG for my main holdings, PLTR CSPs as usual.
• NVDA earnings next week, will see whether it make or break the market.
• If it falls then everyone die together but no sell no lose.
• Still have around 100K USD for dip buying after CSP fund allocation.
• Meanwhile DBS managed to close above ath of 60, 52week high made at 60.28.
• Would have done better just leaving it and dripping back div since SOY, oh well.
• Can't time it well for the third time so no sympathy for that.
• News of SpaceX IPO next month will happen.

Up-ed approx 1K for the week

1.275 USD FX

Consolidated semis into SMH

Life

• Went back to Bedok FCC for my 26' ICT, no problem getting a Silver for incentive.
• Have to continue with daily training as usual.
• Will go back during Aug to clear my 27' ICT and 3 more to go after that.
• SPL tomorrow with friends at 10KKJ stadium.
• Weekly dinner at Sista house later...pkl

High can go higher

Stoks

• Power candle of 5.5% for QQQ, performance is getting further and further every week.
• QQQ is almost 16% YTD vs my total of <3% YTD, what a big joke.
• Only consolation I can tell myself is I need cashflow so I gotta sacrifice some painful gains.
• Memory stocks continue to lead the way, followed by semis.
• Bought 15 more MU this week due to FOMO but they say forward PE still cheap so...
• Scary to see market going higher and higher despite the massive weekly pumps.
• 5 straight weeks of gains for tech and that is amazing on how market can be so irrational.
• Meanwhile META and PLTR aren't getting the love for now.
• New position into RDDT at 163 and then it got dumped again on Fri.
• Will continue to add more if it falls to 140 and 125.
• Slightly more aggressive positions into SMH CSPs currently, unlikely to see big pullbacks but hope to see some less volatile movements.
• Need to be more passive about market movements, either I buy more or just let it be.

Up-ed approx 18K for the week

1.2632 USD FX

+ MU / RDDT / PLTR

Life

• Bought ticket for soccer match next week.
• Life is feeling very weird for me, especially my attitude nowadays.
• Somehow getting triggered by little stuff from her.
• Received my FR 165, still got to test w phone sensor.
• Booked IPPT for next Wed, shall see how my running will do. Should be able to get a minimum silver.
• Only good thing I can see now is probably running more often...pkl

Ath what's new?

Stoks

• Another record closing for the markets as big tech shows better than expected earnings.
• Biggest winner was GOOG among the 4 big tech which posted results after market close on Wed.
• APPL pushed market even higher on Fri after strong quarterly sales.
• Semis had some slow down for the week after OpenAI revealed lesser than expected revenue but thanks to AMD and INTC, SMH still managed to gain 0.67% for the week vs 1.55% for QQQ.
• GOOG was outstanding in their cloud segment, up over 60% yoy but still lost to AWS in terms of amount.
• Unlikely to see short term negatives for now given the increasing fomo in the markets.
• Memory stocks continued their upward trend, all the popular names hit ath again as expected.
• DBS earnings was also better than previous quarter, their non interest managed to offset the drop in interest income giving a positive 1% gain yoy in net profit.
• Market loved this and pumped the stock back to 59+ if last 0.81c of dividend was included.
• Ex div next week on 8th May, will drip back the div again.
• Looking forward to PLTR earnings next week, sold 5x125 puts in case results turn for the worst.
• If that happens, PLTR will surge to my largest holding to more than 5%.
• Rolled my 193K worth of 5 SMH puts in 3x470 puts as well.
• Started new position into META after >capex scared the market into dumping it. Will continue to monitor if price goes to 580.
• IV isn't moving accordingly, at 30+% definitely not worth to sell puts on it.
• Started back on CSPs for IBIT, used the premiums for DCA. Not in a rush to accumulate.
• Should see another green week for QQQ, at this point funds should be the only one buying.

Up-ed approx 10K for the week, just barely back to pf amt in 20Feb when QQQ is more than 10%.

Congrats on earning that peanut 50USD in MMF

1.2685 USD FX

+ META / IBIT

Life

• Went for adhoc Labour Day visit to West Mall, exception for this time due to sore legs.
• Usual sista house for dinner.
• NZ planning is otw, current overload of information.
• Feels like motor skills are getting abit rusty given how long I haven't been driving consistently.
• Seems like an empty void inside me.
• Currently feeling like a loser with my money mindset now, fking cancer.
• Gotta take my IPPT soon, 3 more mths before next window opens...pkl