From June till Sept, there’s no much feat i have done due to work is still busy.
Its time to rearrange my long term insurance portfolio and anticipation of large funds influx.
Yanlord made new highs progressively, but i’m not vested still. Suspecting some corporate actions will be coming soon for the huge share buybacks.
STI has again fallen from heights from 29xx to 2700x due to continual contraction of economical activities in Singapore for 17th straight months. Low oil price and US rate hike has made macro-economy view investors unfavorable.
Last couple of weeks, oil have seems some bottoming, i have grabbed few keppel corps as a long term investment. Indeed, it has raise quite a among to $47 range.
May month is famous for whip-saw type of markets, it difficult for new investors to handle the volatility and yet earn some money out of it.
I have made some on China real estate stock themed as Chinese are relentless buying their dream homes in Tier-1 / Tier-2 , well it is a open secret that China has to maintain real estate prices to support GDP growth
it was rough trading at end 2015 as emerging markets disappoints along with china economy going for hard landing. fed has began the tightering cycle which is inevitable its just matter of when. sti along with asean markets are trading near the trough vs valuation, except for sse which is artifically prop up.
in deflationary environment, cash is king. tech and high quality return yield investment should do better.
the world is still out there printing money.
fed delay interest rate hike , European to extend QE, china on cutting rates and including Singapore weakening of currency stance.
this makes investing like no brainer, but the risk of extreme volatility took place when fed almost wanted to raise rates.
I think market will be good till end of the year as many crash scenarios are already built in, its a unprecedented rally in a low interest rate and low oil price environment. all the economies are benefitting from this, perhaps china they are still fixing things which conventional capitalist wisdom doesn’t work.
Fengshui advice:
http://www.raymond-lo.com/14551/year-of-the-monkey
Everyone said sell away from May, but Dow just broke newer highs of 18.2k
China and hsi did rally the backdrop from 3000-4400 sse , 25k to 28k. Chinese shares are strong with liquidity. Singapore S-shares are having the spill over effects.
I have not fully capture the profitability of these trades except for hkland and yanlord. I am going to buy on dips strategy.
My broker friends andi have same consensus the market is still bullish despite of many noises.
investment was abate volatile, due to oil crisis, global events revolving greece, russia.
my personal belief the market is set to have a massive rally, dow 18k-20k, backdrop is: due to central banks loosing stances on monetary policies, well except USA. Oil plummeling 50% have set free trillions dollars of consumers buying power, though the savings are not obvious to economies yet. oil importer countries, china,india, especially china has stronger leadership by Xi.
I’m trying to rebuild my battering portfolio to position this but due to funds, there’s still alot of scrapping in sti market, thinking to shift to hsi-sse instead or simpily dumb uetf sse50 or futures..
ECB has dropped a QE bomb all similar way to US QE programme, following the same footsteps from USA. Ex-fed chairman ben was correct, US economy seems to be come track. Devaluation of euro diminishes the spending power of normal citizens using euro, well they have great social benefits to outset this.
Anyway things are looking up from the relatively dark december. My transports stocks are running, i made some short punts on energy stocks seems well. Shorting oil is just too crowded trade.
STI just broke 3375, lets see it continues as it is still under-nonperforming globally.
another brittle day for market, oil prices plunge 50% within 1 month causes serious damage to portfolio. nothing is spared includes fundamental strong stocks, japanese gdp near recession and china PMI disappoints. perhaps crisis is looming but people are not aware.
Month of changes, many changes.
market has psychological change, seen this movie a few times.Few stocks got propped up and punished, despite no fundmental changes. Diversity in portfolio helped me to survive.
STI drives up to 3350 with relatively low volume and positive macroeconomic data from US. Hong Kong and China liquidity bridge programme coming on Sep/Oct boosts investors sentiments. Alibaba listing is a big thing to watch out too.
