📰 Important H1 July News Release for SGX Investors 🗞
🔑🔑🔑 Key Dates Affecting our Portfolios & Stock Prices:
(1) 4 July, Mon, 9pm-Singapore Manufacturing PMI JUN
(2) 5 July, Tue, 8.30am-The S&P Global PMI Singapore JUN
(3) 5 July, Tue, 12.30pm SG time (Aus Interest Rate Decision)
(4) 5 July, Tue, 1pm-Retail Sales MAY
(5) 14 July, Thu, 8am (SG GDP Growth Rate). Note: Decrease in growth = Higher recessions risks ➡️ POV of investors = Increased fear, Action = Sell ➡️ Portfolio more red‼️
Refer to table by @Daily_Discussionfor 🔑 US dates.
QN: Why is it important for me to be aware of Aus interest rates when I’m only trading in the US & SG markets 🤔?
ANS: All stock markets are inter-related due to the POV & Actions of investors who trade across multiple markets. Once 1 market starts to dip, other markets will usually follow unless in special circumstances.
➡️ Even though US hasn’t announced their huge 0.75% rate hike, STI was already taking cue from Aus market & started declining. In fact, the decline after 7 June is WAY LARGER than the decline after 15 June as most investors have already sold their shares to take profit or to prevent/cut loss🕵🏻🤓😉
➡️ See confirmation photos for STI after interest rate announcements 7th June (Aus) & 15th June (US).
🤓 My trading strategy for July:
(1) Sell recession-affected stocks that are in green (Ideally will sell during mini buy-rallies but breaking even is 👍 enough as I can always buy back later when there’s recovery signs & prices are low);
(2) Hold my dividend stocks & stocks with strong fundamentals that are in red until storm ⛈🌪🌊 is over; &
(3) Look for recession-resistant stocks to buy🕵🏻
Dear 🐯 Friends,
⭐️ Consider POV & Actions of investors + DO Detailed Research Ourselves 👨🏻💻🕵🏻🧐 = WISE INVESTING‼️
⭐️ FOMO + Greed = 💸/getting burned 🔥🔥🔥
⭐️ Understand the 🥊FOMO-institutions VS retail investors RELATIONSHIP CYCLE🥊 (see photo). Let’s not be caught & lose our savings 💸💸💸…💰isn’t easy to earn in SG, it’s from a lot of hard work,long hours, & sweat💦💦💦
Wishing all 🐯🐯🐯 a fruitful trading in July & may we all be 🥰CONTENT🥰
Related posts from me 🕵🏻👩🏻💻:
-Part 1:US market is a Bull Trap 🐂🪤 now & NOT a rock bottom 🪨🪨🪨-Let’s wait patiently💆🏻♀️💆🏻♂️
-⛈☀️🌈 2022 Mid-Year Recap 🙂🙃
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- MortimerDodd·2022-07-05Great post, looking forward to your next post.1Report
- ey79·2022-07-05不错分享1Report
- zinglee·2022-07-04I think the SPX will continue to drop.1Report
- HarryCox·2022-07-04I didnt do anything since US market is closed1Report
- JohnnyYoung·2022-07-04Lets see what the Q2 report will say1Report
- Bhie·2022-07-04👌1Report
- newcomer676·2022-07-04ok1Report
- hkwan·2022-07-04hellllllllooooo1Report
- CharWF·2022-07-04[哇]1Report
- senggy·2022-07-04k1Report
