$Vanguard S&P 500 ETF(VOO)$Looking at the charts...I think it will still drop more as it has lost its major support. It's on sale now, looking to add more! š
@Asphen:TSLA inverse Head and Shoulder still in play; But hinges on CPI not being too hot! - Coming week CPI market expectation is a high of 0.6! If the figures do not come in lower than 0.6, we might be in for a rude awakening. - MA20 still at 240 support - MA50 and MA5 remains resistance - Likely to stay within range between 240 and 260 until CPI clarity - A hot CPI will likely see 220 down to 209 and then 190 My watch/play - Sold puts (look to close higher strikes in any run early week) - Will sell lower strike puts to capture the pre-CPI volatility Good luck, all! @macroB @CaptainTiger @Deposit
Buy for long term hold. It does down fast...but it rises faster, at least for local banks.
@lucasL:$ocbc bank(O39.SI)$ The results donāt seem very promising to me. Feeling a bit down. š¢ I just purchased 6,000 shares yesterday at $17.68... The performance is mostly being dragged down by GEH. Well, letās see how things unfold when the market opens. On the bright side, the dividend looks decent at $0.41 + $0.16 special dividend (Note : this $0.16 is 10% of the full-year net income, not half year income). So, for next year, FY2025, the forward dividend could be approximately $0.41 + $0.41 + $0.16 = $0.98, unless their insurance business turn around. Thatās only a 5.5% yield on the shares I bought yesterday. A few tears are welling upālooks like Iāll be facing some paper losses today.