Mythz
Mythz
Profile:TA trader
10Follow
199Followers
0Topic
0Badge
avatarMythz
04-26

Stagflation is here!

The latest GDP result is 1.6% whereas the FED predicted a 2.7% and the general market predicted 2.5%. This is a big miss and Yellen downplayed the expectation and saying the numbers would be revised. The earlier correction this week was due to high PCE, generally high core PCE. Inflation seems very sticky at this point and could accelerate back up to 4%. With the election coming up, the FED is put in a difficult situation. Price cut will likely to happen only after September or November. With the MAG7 taking a hit on Facebook and the rally from Google and Microsoft, it is time to stay defensive. Covered call will be a important play in the upcoming FOMC as there are signs of bearish play.$ProShares UltraPro QQQ(TQQQ)$  
Stagflation is here!
avatarMythz
03-22
$Reddit(RDDT)$ This stock seems like a pump and dump game. Over-inflated presence from the media trying to make it the biggest hyped tech ipo of the year. The shareholders have no lock up period, which means that they will be selling the stocks straight away. I will take the opportunity of the hyped up to earn small cash and steer away from the inflated price
avatarMythz
02-06

Time for a correction?

$Invesco QQQ Trust-ETF(QQQ)$   After a strong performance in 2023, the Nasdaq performance has rallied around 60%. With such bullish moment continuing in January, it makes me wonder should there be a slight correction in February? February is considered one of the bad month for stocks, on average it does make a negative return. Also with the mixed result of the magnificent 7, (Tesla, Microsoft, Apple and Google) has been a dissapointment. I am expecting a bearish return for february, however market might always have unexpected outcomes. Hence, hedging is always the best option. I am going to introduce a new strategy: strangle! What is a strangle option? A strangle option is where the expiration date of the two options are the same but di
Time for a correction?
avatarMythz
01-30

A greener year ahead

Have I been able to sleep well during trades? During the initial year of trading, there have been many distractions. From MEME stocks to crypto, they have been very exiciting days at the start. $GameStop(GME)$ and $AMC Entertainment(AMC)$   has always been the highlight of the MEME stock. During those days, cash has been fast in and fast out. You could easily make thousands of dollars within few minutes. Once you snooze, you lose as well. I have been through both sides of the coin: green and red. Here comes PANIC PANIC PANIC! Here are the phases of the MEME stocks 1. The euphoria phase: You will earn lots of money in the beginning, thinking the cash will always roll in. 2. The FOMO phase: Once yo
A greener year ahead
avatarMythz
2023-11-03
$DigitalOcean Holdings, Inc.(DOCN)$ Has been a underrated stocks for the past few months. Firstly, it has reported a error in its earning and secondly the CEO is about to resign and waiting to elect a new CEO. This has resulted in a significant drop in its share price. This two bad news has lost the interest of many investors. However, this should be a signal that digital ocean is a sign to buy. Digital ocean is a growing fish in the ocean. With the droplets / cloud servers growing in size and the recent acquisition of paperspace which is a AI company, it is bound for growth.  Next, the earning for Q3 looks good, thus the stock rallies. The Nasdaq has significantly increase as well$Nasdaq100 Bull 3
avatarMythz
2023-10-13

Signs of improvement for Didi

Didi has been on a rocky path ever since its IPO days. With close to $14 range at IPO, it has dropped down to $3. The China government has been very strict on its company listing overseas, which restricts growth to the company and prevent data from leaking out. Didi has to face the heavy punishment for at least two years.It has started the listing at US stock exchange, which after closer to 1 year, it has delisted and move to OTC exchange. In 2022, Didi had to pay $8 billion yuan fine. Finally after two years of cleaning up the process the company, Didi finally has plans to move to HK IPO. The plan could mean a long-awaited payoff for investors and employees. By listing it on the HK exchange, it would encourage more investors to start buying into Didi, as it is deem less risky compared to
Signs of improvement for Didi
avatarMythz
2023-09-04

Meme stocks are back again

In this exuberant market, investors seems to be more fearless than before. Many of them are buying in the stock market despite having a high inflation rate. Has the money printer come back again. Vinfast, an auto company from Vietnam has grown to the 2nd largest auto company in the world. This has not lasted very long and has deep dived back down to the $20-30 range. This has to be a meme stock, with no valuable technology nor valuation, the company has grown many %. It feels like another AMC / GME where many bagholders are trapped. Are they fearful or are they greedy? Surely, if you have enter in the right timing you would have found gold, else you will be stuck with a bag of traps. Having invested in the Nasdaq 100 will be much of a safer bet as it is through a index fund. Let do it safe
Meme stocks are back again
avatarMythz
2023-04-27

Can tech earnings rally the market?

Microsoft and Facebook has been outperforming the market during the earning release. $Microsoft(MSFT)$ has outperformed the consensus by a 9% increase in EPS and has lead to a increase in 7% in stock price. Will Microsoft return to hit $300/share by today? Microsoft has always been one of the steady giants, from pandemic till post pandemic till inflation/ banking crisis. With the current guidance, it is still proof that it is a worthy stock and has helped to lift the Nasdaq index Meta has also outperformed the earnings and resulted in a 11% increase in the post market hours. Another interesting giant that I will be looking out for today, Amazon. Today will be the day for its earning. $Amazon.com(AMZN)$&
Can tech earnings rally the market?
avatarMythz
2023-01-28

Optimistic market

It seems like the market is on a run again. Are we really in a bull rally or is this going to be a fake rally again? Nasdaq has been up nearly 20% from the bottom and on a consecutive green streak. The market has been cheering ever since China has open up its economy. However, the inflation is still rocket high. With consumer expenditure dropping, many of us are impacted with rising living cost. Are we really too opmistic for the market? We are still in a deflationary phase and the fed might still hold back on the rates. I will be caution in nibbling some shares to increase my portfolio. Never be too greedy if this boat has already left you, it will be back. Just wait for the right time $Nasdaq100 Bull 3X ETF(TQQQ)$ 
Optimistic market
avatarMythz
2022-10-18
$Grab Holdings(GRAB)$As a customer of Grab, I am utterly dissapointed. Loyal members are getting lesser and lesser benefits from using the platform. With the recent point system adjustment, I am officially out on Grab rewards. Many users on multiple forums has also voiced out that the reward system is no longer beneficial. As an investor, hearing that so many people unsatisfied with the platform. I wonder how many people have left the customer base? How much cash has left the super app / cash wallet? Grab might have save some cash on the rewards since many platform have downplay the rewards, but with such expensive services on Grab, how appealing is it for existing customer to continue and for new customer to join.
avatarMythz
2022-10-17
It is a happy monday today, stocks have rebounded. However, this does not bring hope to investors as it would end flat or lower by the end of the week. Recession at this rate is inevitable, worst scenario will be a stagflation by 2023. Many of thestocks have reached a new 52 weeks low and investors are questioning have we reached thebottom? With the rising interest rate and the upcoming 75bps rate, it will not resolve any of the inflation issue and more people like you and me will be badly affected, ranging from dailylife to the commodities that we buy. Our portfolio will be greatly affected too. In order to survive this tough time, a PUT option can be purchase so that even the stock that we like drops, we still can earn some premium back so that we can re-invest. In addition, ihave added
avatarMythz
2022-08-25

Market is on the sideline

The market has just retraced back to a healthy level in fear of the jackson’s hole meeting.The jackson’s hole meeting is a very important meeting different from the monthly fed meeting. It allows important policy to be made.Overall, the market has been quite bullish since June. Covid has been a new norm among us and most country has been laxing the rules. This has indeed bring up the economy slightly. However, inflation is still at an all time high. To start deflation, the rates will likely have to be increase further which will impact many company revenue. This is the main factor which many investors are still on the sideline.Recession has already begun and the GDP has shrinked by 0.6%. Overall, the consumer data has been improving, although this is a lagging indicator and does not show a
Market is on the sideline
avatarMythz
2022-06-28

A bull trap?

As we all know, Nasdaq hits a 5 day green streak before hitting a red day. Is this going to be a bull trap which everyone predicted? No one really knows. The time in the market will bring in more returns than timing the market. Using the right tools will bring out the best returns.During this short bull rally, i personally like $Nasdaq100 Bull 3X ETF(TQQQ)$as it bring in the most returns after tanking nearly 30% fromYTD.With Covered Calls and Cash Covered Puts, it is a good hedge in the volatile market. No timing the market is required as you have an entryand exit plan.$NIO Inc.(NIO)$$XPeng Inc.(XPEV)$The EV market is growing rapidly as China has startedto ea
A bull trap?
avatarMythz
2022-06-27

Inflation, recession, stagflation

What is inflation?It is the rising of prices of the services / products over the year. For example, you can buy a chicken burger for 2 dollars in 2020, now it costs 4 dollars.What is recession?In general terms, it means that the economy is not doing well and the GDP declines.What is stagflation?Stagflation means that the economy has been stagnant, high inflation and low employment rate.Where are we right now?Yes, we are currently in the red bear market right now. The Nasdaq has fallen over 30% since Jan. Inflation and recession are common words we will be hearing when we are in a bear market. I feel that we are in a stagflation phase right now. In the latest Fed updates, there is an slight increase in consumer spending, however it is still very far from the pre-covid era. The unemployment
Inflation, recession, stagflation
avatarMythz
2022-06-03

Will bear market hit?

Bloody market has begun since April due to many issues such as inflation, war, post-pandemic. If you have constantly invested in your portfolio, you will see that the market has already recovered slightly and you might be making some cash now. There is no way of predicting the bottom. Hence staying invested is the way to go. Once yousee the market reverse , you will know that tough times doesnt last forever and you will be riping what you sow.These are some great stocks to look forward too. $NIO Inc.(NIO)$$Nasdaq100 Bull 3X ETF(TQQQ)$$Microsoft(MSFT)$Sooner or later, we will be able to see a big rally after a correction in the market.
Will bear market hit?
avatarMythz
2022-05-07

Cash is king?

Blood bath after blood bath has been seen in the past few days. Can the fed really do stop inflation easily? Overall the inflation rate has rise up to 10% and the steps taken to tackle inflation is not consistent yet.Two other big concernsRussia and ukraine conflict started in March 2022 and has been ongoing for quite a while. Russia has no plans of stopping the war. Till date today, Russia has burn out more than 40% of its armed force and has been collecting a lot more debts.Lockdown has once again started for some part of China. Covid has been taking a hit in Asia. This will lead to slower production and slower economy recovery.These three concerns are constantly on the head of investors. Excessive bullish and excessive bearish sentiments are seen in the market. At this rate, we can see
Cash is king?
avatarMythz
2022-04-07
Blood shed today as everyone is wary of the Fed updates later on today. The Nasdaq index has drop quite a huge amount in a day.This is a buying opportunity and it is going to be very volatile. Most likely we will be able to see a reversal once the fed ease off some fear.Some of the counters that is worth looking into as it is oversold for the day. $ProShares UltraPro QQQ(TQQQ)$$NIO Inc.(NIO)$.Looking at long term, the Nasdaq index will beperforming well. It has a good return of 13% inaverage YoY. $NASDAQ(.IXIC)$
avatarMythz
2022-04-05
$Grab Holdings(GRAB)$I will remain bearish for Grab even though the market is recovering.It will takes ages for it to go back to its formerglory which is $40billion.Gojek, its main competitor in southeast asia for ride-hailing is listing its company on the 11 April. It is valued at $1.1 billion, which is way lower value to Grab.Definitely, Grab has a few more other services. The main hot growing business is the financial side of thing, its paylater and the wallet. It is growing popularity in Malaysia and Singapore, however there are alot of wallet competitors growing. Even crypto wallets are offering global wallet services. PayLater services is not a novel thing and currently is a losing profit model. Therefore, the valuation of Grab is aroun
avatarMythz
2022-03-14
Intense fear this week! The Hong Kong index drop more than 9% per day. As the fear keep increasing, investors are looking from a sideline whether these growth stocks are still worth it? $NIO Inc.(NIO)$$XPeng Inc.(XPEV)$Both EV are potential stocks in the future. However thestocks keep dropping further and further. We will have to look for the bullish indicator before we start buying back these stocks.For now, it is still safer to buy puts on stocks as the $NASDAQ(.IXIC)$will continue to drop further due to inflation, wars and sanctions.
avatarMythz
2022-03-04
Everyone mention GRAB is a must buy stock. Just because GRAB is popular in SE Asia, does not mean that it is a good company to invest in.By looking at the recent earning, it has lost huge sum of money. Many will see it as using it to grow the company into the different industry. GRAB is no longer considered a start-up, with the amount of money it is burning and no clear direction of earning back the money. It is always going to be a losing model. It has beenlosing tons of money over the last 5 years.Everyone will say let's DCA the stock. It is a long term stock. Is it really worth it?Amidst the inflated market, the stock will further drop. Many analysts have started downgrading the stock. I will continue my stance to buy a PUT on it. This stock will likely drop to 3 dollars or lesser soon<

Go to Tiger App to see more news