๐๐๐I am so happy that Singapore Exchange $SGX(S68.SI)$ is on an upward momentum this week with its share price up 1.7% on Friday and 10.1% for the past 5 days. SGX has risen 30% year todate and in 2023 it is up 33.5%. That is a fantastic performance considering that the Singapore Market does not move as quickly as the US market. Singapore Exchange is Singapore one and only stock exchange which operates a platform for the buying and selling of securities such as shares, Reits, bonds, derivatives and ETFs. On August 8, SGX announced a strong set of earnings for its fiscal 2024 (FY2024) ending 30 June 2024. Revenue increased by 3.1% year on year to SGD 1.2 billion while net profit rose 4.7
BUZZ VanEck Social Sentiment ETF - A Good News ETF
๐๐๐There is nothing quite like good news to brighten up my day. BUZZ $VanEck Social Sentiment ETF(BUZZ)$ does that so well and in the process is up 52 week high in November at USD 25.18. BUZZ is now up 37% year todate and in 2023, BUZZ has risen 51.6%. BUZZ holds 75 US listed companies with the most positive sentiment online. The Fund Manager, VanEck does this with a proprietary AI model to select large and midcap US companies from relevant online sources including social media, news articles and blog posts. The Top 10 holdings include MicroStrategy Inc, SoFi Technologies, Tesla, Palantir, GameStop, Visa Inc, Amazon, Nvidia, Coinbase, Robinhood Markets and Intel. The Top 10 holdings weightage is 36%. Total numb
๐๐๐SoFi $SoFi Technologies Inc.(SOFI)$ share price has been on a tear with its share price up 3.9% on Friday trading and 12.7% in the past 5 days. SoFi has now risen 61% year todate and in 2023 it has skyrocketed 126%! SoFi is short for Social Finance. It was founded in 2011 by 4 Stanford graduates. SoFi is a member-centric, one stop shop for digital financial services with a mission to help people achieve financial independence. SoFi's full suite of financial products and services helps its nearly 9.4 million members borrow, save, spend, invest and protect their money better by giving them fast access to its tools, all in 1 app. SoFi innovates across 3 busines
๐๐๐My Tiger App is the heart and soul of my trading activities where I invest, post articles, share with my Dear Tiger Friends all my dreams and goals. It is like my 24/7 constant companion. The very first thing I do when I wake up is to check my Tiger App to see how my portfolio is doing and the responses to my posts. The next thing is to complete the daily activities to win more Tiger Coins. I like to read the Trade Feed to gain insights on what trades are hot. It is amazing how time flies when I am using my Tiger App. I am a much better investor now than when I first started investing with Tiger Brokers 4 years ago. I am so happy and grateful to be part of this wonderful community of Tiger Friends. Tiger Brokers is my favourite number 1 broker.
๐๐๐Google $Alphabet(GOOG)$ $Alphabet(GOOGL)$ share price is hammered after the US Department of Justice calls for sale of Google's Web browser Chrome. Google has dropped 4.5% on Thursday trading but is still up 21% year todate. However according to Analysts this punitive action may face lots of legal challenges ahead and may take years to resolve. Google also has the right to appeal too. I view this as a temporary setback for Google and a great time to bargain hunt Google. It is now the cheapest stock of the Magnificent 7 with a P/E ratio of just 22.45. In contrast
๐๐๐I am excited about the IPOs of the 2 Hong Kong stocks coming up especially $JIUYUAN GENE(02566)$ which is a Bio Pharmaceutical Company. I believe that it has lots of upside potential as it has a diversified product matrix. Already it has been oversubscribed by 10 times which shows that many investors are interested in this IPO too. I believe that many Hong Kong stocks are undervalued and oversold. I recently bought$JD.com(JD)$ and it is already up 30% year todate. It has done well in the recent Double 11 shopping festival and is one of the largest ECommerce conglomerates in China. US stocks seem overvalued in comparison to Chinese
๐๐๐Bitcoin breached the USD 99,000 level for the first time on Thursday as investors have been bullish ever since Donald Trump won the US Presidential Election. Bitcoin is now just a whisker away from the USD 100,000 level! Microstrategy $MicroStrategy(MSTR)$ has benefited greatly as its share price is up a massive 479.8% year todate. MicroStrategy is a software company that is best known for its Bitcoin holding strategy and this strategy has paid off handsomely. Its market capitalisation of USD 106 billion makes it one of America's largest companies. From a market capitalisation of just USD 1 billion in 2011, it is certainly a remarkable turn of events for MicroStrategy.
Should I Sell My Google Stock After US Antitrust Lawsuits?
๐๐๐Google $Alphabet(GOOGL)$ $Alphabet(GOOG)$ share price has dropped 4.7% on Thursday trading and is now down 3.5% for the past 5 days. This was due to news that the US Department of Justice (DOJ) urged a federal judge to push Google to sell its Chrome browser and force its Android smartphone software to stop favouring the Google search engine. Should I be worried and sell my Google stock? While the measures proposed by the DOJ sound punitive, nothing is certain at this point since the case may take years to be finalised and Google will have the opportunity to appeal and present its view. Google shares have pulled back for 3
๐๐๐In line with Donald Trump's Pro cryptocurrencies'stance, the acquisition of $Bakkt Holdings, Inc.(BKKT)$ by $Trump Media & Technology(DJT)$ is great way to diversify DJT's holdings. President Elect Trump has launched his own cryptocurrency venture in September - a platform called World Liberty Financial. Is Bakkt's acquisition a good strategy for Trump? Time will tell. Bakkt's shares have gone through the roof. At the last closing price of USD 31.61 which is up a massive 168%, it is overpriced and overvalued. @TigerStars
๐๐๐Bubble Tea is a brilliant invention that brings happiness to many Singaporeans especially the young. Do you know that it was first introduced way back in 1983 by Lin Hsiu Hui in Taichung Taiwan who added tapioca balls to Assam iced tea and the drink became a hit. Bubble tea has become popular worldwide from the US, Europe and especially Asia. My favourite bubble tea is Matcha Red Bean Milk Tea, a most delightful concoction of sweet red beans, matcha powder and milk. Just thinking about it, makes me thirsty for more. @Tiger_SG
๐๐๐Carnival Corp $Carnival(CCL)$ is the world's largest cruise ship company by passengers carried. In addition to the Carnival brand, it owns Holland America, Princess Cruises, Aida Cruises, Costa Cruises, Cunard, P&O and Seabourn. Carnival's share price has been on a tear with its share price up 17.8% in just 1 month, hitting a 52 week high of USD 25.45 in November and rising by 45% year todate. In 2023, Carnival is up 72%. Is Carnival A Buy? Let's check out its latest Q3 24 Earnings report which was released on September 30. For the quarter Net Income was USD 1.7 billion, an increase of over 60% compared to 2023. Adjusted Net Income outperformed June guidance by USD 170 million. Q3
๐๐๐I believe that Rocket Lab has lots of exponential growth ahead and in the future can be a serious competitor to Space X. Space Exploration is a huge business as Mankind seeks to explore new frontier in space. Satellites are also becoming increasingly important for communications worldwide. Rocket Lab will play an important role in the future to explore the huge opportunities available in this area. I am excited at the possibilities of Rocket Lab in playing a more important role in the future. I believe Rocket Lab's share price will continue its upward momentum.
๐๐๐Nvidia 's Q3 24 report is the most important highlight this week as the expectations are very high for exceptional earnings. I have invested in Nvidia and holding it for the long term as I believe that it is the center of the AI revolution. From its specialised GPUs like the latest Blackwell and the CUDA Platform, Nvidia is the market leader among the semiconductor companies with 90% market share. What an amazing company! Buy and hold long term to reap a Bountiful Harvest ๐๐๐๐๐๐๐๐๐๐ฐ๐ฐ๐ฐ @TigerStars @Tiger_comments
$Grab Holdings(GRAB)$ Grab's share price has been on a tear as it is up 9.4% on Tuesday trading and 13% in the past 5 days. Grab has now skyrocketed 65% year todate. What an amazing recovery for Grab! On November 12 Grab reported an excellent Q3 24 earnings that showed it turning back to being profitable. It also raised its forecast for the full year 2024 revenue on expectations of strong growth. Revenue grew 17% year over year. Profit for the quarter was positive at USD 15 million. Adjusted EBITDA improved by USD 62 million to an all time high of USD 90 million. That is fantastic news for shareholders. It is a great feeling to know that Grab has made progress compared to previous year quarter. I have only
๐๐๐Hurray! I am thrilled to see the Straits Times Index $STI ETF(ES3.SI)$ reached a new high on Wednesday to SGD 3.84! My stock market monitor was busy this morning informing me of the new high. The STI ETF represents 30 of Singapore largest and strongest blue chips companies. These include the Big 3 Singapore Banks DBS, OCBC and UOB as well as Singtel, Jardine Matheson Holdings, Capitaland Integrated Commercial Trust (CICT), Singapore Exchange, Capitaland Ascendas Reits, Keppel Ltd and Singapore Airlines. $DBS Group Holdings(D05.SI)$ is up 47% year todate, while
๐๐๐Xiaomi $XIAOMI-W(01810)$ share price has been on a tear as it is up 16.7% in the past month and a huge 82% year todate, making it one of the best performing Chinese stocks this year. On November 18, Xiaomi announced an excellent Q3 24 Earnings report where its revenue for the quarter is up 30.5% year over year to RMB 92.5 billion. Its Gross Profit Margin is 20.4%. Adjusted Net Profit has increased by 4.4% year over year. Its Cash Resources is up by 18.7% year over year to RMB 151.6 billion. From its humble beginnings in April 2010, Xiaomi was founded by Lei Jun along with 6 associates. In August 2011 Xiaomi released its first smartphone and by 2014, Xiaomi had the la
I opened $Global X Nasdaq 100 Covered Call ETF(QYLD)$ ,๐๐๐I love dividends and QYLD does this very well as it pays dividends every month. Global X, its fund manager has been doing it for 10 consecutive years running. The current dividend yield is a nice juicy 11.8%. QYLD does this with a Covered Call Strategy which is normally the domain of big institutions and expert traders. I am waiting to collect my next dividend in December, just in time for Christmas. It is going to be a Merry Christmas with QYLD. ๐๐๐๐ ๐ ๐ ๐ฐ๐ฐ๐ฐ @Tiger_comments @TigerStars @Captain
๐๐๐MicroStrategy $MicroStrategy(MSTR)$ is a company that has the biggest Bitcoin holding currently and its CEO is extreme bullish that Bitcoin will hit USD 100,000 before too long. That is why MicroStrategy is on a Bitcoin buying spree. Now that Donald Trump has been elected as the next US President, he is very much pro crypto and wants to make the US the crypto capital of the world. So I believe that it is only a matter of time before Bitcoin hits the magic figure of USD 100,000 soon. @Tiger_comments @TigerStars
๐๐๐A listed company like $SUPER MICRO COMPUTER INC(SMCI)$ has a fiduciary duty to its shareholders to be responsible for its accounting matters. That is why when news broke that there are some accounting errors leading to suspicion of accounting manipulation, SMCI share price fell like a rock. However now that they have appointed another auditor and wants to maintain its listing in the Nasdaq Stock Market, investors are relieved and the share price jumped 39% in after hours trading. At the current level, SMCI is trading at a deep discount especially when its 52 week high is USD 122.90. Let's hope SMCI get their accounting matters in order soon for the sake of their shareholders.
๐๐๐Tesla $Tesla Motors(TSLA)$ is on a strong upward momentum as Elon Musk has supported Trump on his election campaign for the US Presidential Election. Now that Trump has won, Elon Musk is in an influential position to advise Donald Trump. The latest news that the US Department of Transport is easing regulations for FSD is great news for Tesla. A Sell Put Option Strategy is a great way to buy at a discount for investors who are bullish on the long term value of Tesla. However there is risk if the underlying price falls significantly. @Tiger_comments @TigerStars