$DBS GROUP HOLDINGS LTD(D05.SI)$ Finally .... I was watching it for the last 2 weeks .. stuck at 33.33 range .... it has just break the resistance line yesterday.... Singapore stocks need to have some volatility for the young generation to be excited and invest in them ... SGX needs to change their mindset... starting with the banks for 5-10% return annually at least ... Singapore stocks has been too range bound for people to see any use to invest... look at the STI index for the last 10 years.... Hope DBS stock can start to make a difference to the young generation thinking of investing in Singapore counters ... STI index is a laggard for too long .... see whether it can break out to 35 n then 36 ... to show to the young generation
$Tiger Brokers(TIGR)$ I've been using the Tiger debit card for more than a month in multiple countries and it works like a charm. My main frustration is being forced to redeem our cashback in tesla fractional shares. I would have preferred more flexibility like being able to redeem other shares and precious metals like gold or silver.
Can $NVIDIA Corp(NVDA)$ hit $1000? Let's dive into technicals and options markets and see what clues they give us. Looking at the charts we see a bullish trend with the stock price moving far above the moving averages shows a bullish trend. After price hitting above 950 last friday, Nvidia retreated 5.5% and we've been bouncing below that ever since. Looking at options market we know that there's massive calls on 950 and 1000 which has caused the retreat last friday as people took profits. There's also support at the 800 and 750 levels as many put options are set at that level providing support. I'd say its unlikely to break past $1000 within this week as there's not much catalyst this week for Nvidia to
As Bitcoin continues to reach new highs, crypto stocks’ performance diverged.data from tradingviewLooking at year-to-date (YTD) performance:$MicroStrategy(MSTR)$ has surged by 150%, reaching $1800 in extended trading.$Coinbase Global, Inc.(COIN)$ and $CleanSpark, Inc.(CLSK)$ have closely followed BTC's performance.However, mining stocks $Marathon Digital Holdings Inc(MARA)$ and $Riot Blockchain, Inc.(RIOT)$ have dropped by 14% and 24%.Why such a stark contrast among these crypto stocks?As the market anticipates the halving in April, output of mining stocks will decrease accordin
[Bitcoin has 'all the great attributes & none of the defects' of gold: MicroStrategy's Michael Saylor] Michael Saylor, MicroStrategy executive chairman, joins 'Squawk Box' to discuss the latest bitcoin rally, impact of spot bitcoin ETFs on his company, why bitcoin should be considered 'digital property', growth outlook, and more. $MicroStrategy(MSTR)$
Hang Seng Tech Index Surges by 20%, Is There Still Opportunity?
Hello Tigers,As of the close of March 12, 2024, the Hang Seng Tech Index has surged by over 20% since February 1st, entering what's technically considered a bull market. After this significant rise, the Hang Seng Tech Index, which has been relatively obscure for over a year, is back in everyone's focus.There's an old saying in the stock market: the most painful thing isn't losing money, but missing out.Faced with such a market, should one stubbornly jump in or continue to wait and watch? At the end of this text, I'll give you a simple and scientifically-backed answer. But before that, let me explain what the Hang Seng Tech Index is.1.What is the Hang Seng Tech Index?A. Composition of the Hang Seng Tech IndexAs of September 20, 2023, the Hang Seng Tech Index consists of 30 stocks, with a re
Summary of the Last Session The $S&P 500(.SPX)$ fell by 0.2% on a relatively calm day for stocks, postponing its 18th record close. The $NASDAQ(.IXIC)$ experienced a 0.5% decline, primarily due to a drag from Big Tech, $Tesla Motors(TSLA)$$NVIDIA Corp(NVDA)$$Apple(AAPL)$ while the Dow Jones Industrial Average saw a marginal gain of 0.1%. Active Stocks Trading volume was lighter than usual as investors continued to digest recent inflation data and awaited upcoming retail sales and producer price index reports. Volume Key Events of the Session Conflicting Economic Signals:
$Sheng Siong(OV8.SI)$ Sheng Siong - Chart wise, bearish mode! Likely to go down to test 1.50 again! Breaking down of 1.49 plus high volume we may see her drifting down to 1.46 than 1.40! Pls dyodd. I think boat is back! At 1.52, yield is about 4%. No harm waiting for 1.40 to 1.46 to come back especially when Mr. MARKET IS WEAK! Pls dyodd. I think good price is back! Their annual dividend of about 6.12 cents ( interim + final) is sustainable as it is able to grow their revenue from their businesses even during inflation. Their outlet mainly located near the neighborhood housing development board flats where 80% of local are staying/owning. Their expansion plan is to add new stores in new hdb flats development area. They also ve
$Singtel(Z74.SI)$ Yesterday, it caught my attention as the price has managed to rise up 9 cents to close at 2.48 and later on in the afternoon trading of share was halted! I think is purely run up due to the rumours that they are in advance talk with some party fir the sales of Optus. The company also made the announcement that "there isno impending deal ti offload at the said sum" . Pls dyodd. SingTel - Suddenly She chiong Up! Looks like something is brewing! Up 9 cents at 2.48, awesome! Very high volume spotted! Likely to rise above 2.50 soon! SingTel - She may need to rise up to reclaim 2.45 in order to continue this uptrend direction! Estimating Final dividend of 6 cents , together with interim dividend of 5.2 cen
$XIAOMI-W(01810)$ $BYD COMPANY(01211)$ byd price to book is at 4, which is over 2x of Xiaomi. This doesn't make sense when Xiaomi has successfully launched it's electric vehicle product range. With better profit margin, Xiaomi should be able to get even better valuation multiple.
Unexpected outbreak of gold, a prelude to inflation
The most difficult situation in financial markets is that the news does not match the market, or the market price suddenly riots, and you can't find any news that can explain it. Last week's gold market was a similar situation. There is suspense but not much in the Fed's interest rate cut, which is not enough to support the rapid upward movement of gold price (there is nothing wrong with rising more or less, but the speed is really unexpected). For gold prices, an unproven,However, the logic that may conform to the current market reason is that there are funds that think that the gold reserves stored in the United States are not enough to cope with the delivery in the financial market, that is, the forced market in futures terminology.Although this possibility is very rare, once there are
Brookfield is buying Optus for A$18bil from Singtel? Its too good to be true lah!
$Singtel(Z74.SI)$ Yesterday, Australian Financial Review reported that Singtel might be selling its subsidiary Optus to Brookfield. The potential deal is estimated to be worth around A$16-18 billion; and the reported news suggest the discussions are progressing well, and Brookfield might involve another company as a partner for the acquisition. Shortly after, Singtel dismissed the media reports that it is looking to offload Optus. From its announcement: “There is no impending deal to offload Optus for the said sum, as reported. Optus remains an integral and strategic part of the Singtel Group and we are committed to Australia for the long term.” A$16-18 billion valuation for Optus sounds too good to be true
$SPDR S&P 500 ETF Trust(SPY)$ A pivotal inflation indicator is poised to capture market attention this Thursday, as the Bureau of Labor Statistics will release of the Producer Price Index (PPI) report for February. ⚠️ Trading tips: Watch out for PPI report at 8:30am to determine the move for the market today. Breaking out of the channel would be explosive another all time high or reject the double top towards the pit of channel again. Trading the channel The S&P 500 is in its longest stretch since 2018 without a drop of at least 2%, while Treasuries pared losses after a strong sale of 30-year bonds. On the consumer front, inflation nudged upwards to 3.2% year-on-year last month
[TikTok ban a 'measurable opportunity for Meta,' says Deepwater's Gene Munster] Gene Munster, Deepwater Asset Management, joins 'Fast Money' to discuss the repercussions and opportunities of a TikTok ban in the U.S. $Meta Platforms, Inc.(META)$
$Tiger Brokers(TIGR)$ How about including some (if not all) of these rewards as described below? 1. Cashback: Many debit cards offer cashback rewards, where cardholders earn a percentage of their purchases back as cash rewards, an offer higher cashback rates for certain categories of spending. 2. Points: Some debit card reward programs offer points for each dollar spent, which cardholders can redeem for merchandise, gift cards, travel, or other rewards offered by the card issuer. 3. Travel Rewards: Certain debit card programs offer travel rewards, such as airline miles or hotel points, which cardholders can use to book flights, hotels, rental cars, and other travel-related expenses. 4. Discounts and Offers: Some debit card issuers provide acce
I closed $ARM 20240322 124.0 PUT$ ,💪 Did an intraday scalp on ARM because… (1) indicative near-term support at 125 based on gex/vanna, (2) broad indices bullish move. Closed for 18% credit profit in 4.5 hrs. Best to close when ARM approaches 130, with a massive indicative resistance at that level based on Greeks. 💰
Riding the AI wave.$NVIDIA Corp(NVDA)$ hitting ATH due to AI boom, mimicked by other AI stocks i.e.$Palantir Technologies Inc.(PLTR)$ . NVIDIA have been smart with their application of AI to their products, unlike other companies who merely create software or automation/content. There is a reason why they are one of the leading (if not the lead) in this space. Market cap right behind Apple, huge market share in this space, plus quick recovery after dividend payouts, and with GTC approaching, all signs point one way for now. High potential to hit $1k or more. Ride the wave, don't fight it.
I opened $TSLA 20240322 185.0 CALL$ ,Open a new position to sell covered call into next Friday with extra days this week. Can we get a bounce after Wells Fargo slashed its target price from $200 to $125 today? Open interest is strong at 185 strike so far. Let’s get it back up, Elon! Do your thing! Pump up the volume! 😂
Let’s go Bargain Hunting for well established stocks at lower prices with the first Quadruple Witching Day of 2024 this Friday! We can also do Options, depending on our individual investing style. If the stock price moves up or down significantly, doing Options offers much better profits than owning rhe stock. Maybe $SUPER MICRO COMPUTER INC(SMCI)$ will experience a gamma squeeze again.