Ah_Meng
Ah_Meng
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avatarAh_Meng
11-02 17:02
Looking at the comments, looks like a 50-50 for both candidates [Cool] I think it would be a close call. Would be surprised if otherwise. US has a democratic system that doesn't need its citizens to vote, as voting is not compulsory. It is not about who is more popular with American eligible voters, rather who is voting. In US politics, there are the true blue Democrats and Republicans, the swinging masses (who actually votes - maybe we can also called them the one-in-every-4er years influencers, or disrupters, depends on who you ask [Facepalm]), the occasional Democrats and Republicans and the political turnoff'ers. Among the group, the turnoff'ers and occasional Democrats/Republicans comprised one of the largest group. That's why in US Presidential elections, the turnout rate is always
avatarAh_Meng
11-02 13:59
$Direxion Daily 20 Year Plus Treasury Bull 3x Shares(TMF)$   Is the rate going to go down? Apparently not... At least not yet... If you wonder what is going on, the market is positioning itself for a higher inflation post US election with a Donald Trump's victory...  A tariffs policy against all nations, friendly or otherwise, is a recipe for disaster. While bringing additional revenue for the government, given US has little manufacturing, these costs will inevitably be passed on to the residents. Higher pricing brings inflationary pressure to the economy. The country and people suffer as a result.  Inflation means rates hike instead of rates cut! That is indeed a concern for Treasury funds like this. I bought in anticipation of more
avatarAh_Meng
10-21
$TITOMIC LTD(TTT.AU)$ Can't remember if I have shared this. Could have BEFORE taking a position, but not AFTER taking a new position. It is a new kid in my portfolio. If you have followed my trades, you would have known defence sector is one of my favourite. I had shared $AML3D LTD(AL3.AU)$ and $ELECTRO OPTIC SYSTEMS HOLDIN(EOS.AU)$ positions previously. Titomic or TTT, similar to AML3M, is a player in additive manufacturing or in layman's terms, 3D printing. Obviously, it's in defence sector, and like AML3M, US defence is one of its customers...  I have also shared 2 charts. RSI is taking off gradually and nicely, while
avatarAh_Meng
10-14
$Direxion Daily FTSE China Bear 3X Shares(YANG)$ New kid on the block... I bought this, then sold the same day for a small loss... As a test... After studying its chart, I realised a very likely reversal pattern might be forming. When I decide to go back into taking a position, there are a couple of things that go into my decision. They might not be the same for anyone, but if you are in similar situation, you could consider taking a small position. Allow my quick sharing herein: 1) I knew there's a meeting on Saturday and likelihood of more stimulus package from Chinese government is 50:50. 2) I have a substantial individual Chinese holdings. 3) YANG, opposite to YINN, is a 3x leverage but in the 🐻 or down direction. 4) Various secondary ch
avatarAh_Meng
10-08
$Direxion Daily FTSE China Bull 3X Shares(YINN)$ I leave this image for memory... A bull riding that I just did... And take profit when it is time. Perhaps I am running early, maybe I am right. I won't know for now... Discipline calls... YINN has done me proud even if it losts a hefty 30% today alone... Knowing when to cut and run is difficult. It is a skill that needs a lifetime perfecting... Will close my Auto-Invest position for this counter and enjoy the party on the side, knowing that I should not regret my today's action either way...
avatarAh_Meng
10-08
Chinese back from golden week holiday. In theory , the index should go down… that’s normally how it works, especially if there is no new measures to encourage spending or boost economy . Having said that, I still go for green (5-10%) as I suspect another confidence boosting round is around the corner. The market expectations are not met, prices will simply crash. That is not what President Xi likes to see…
avatarAh_Meng
10-05
@Ah_Meng:US pushes China towards world dominance Series Part 4
avatarAh_Meng
10-01
$Tiger Brokers(TIGR)$ A rising tide (all China rally) lifts all boats... It hits $6.01 yesterday at its peak... According to RSI, Tiger 🐯 is probably now overbought. Can China continue its rally? It's Chinese Golden week, so China related stocks are likely to take a breather... For now... To either pack enough energy for the next leg up, or maybe some corrections will set in, to also build energy for the next phase. Will only be able to tell in the next couple of weeks of action... What do you think next? I am likely to sell some Chinese holdings to balance my positions. The current rally has tilted my portfolio a bit.
avatarAh_Meng
09-23
$BANNERMAN ENERGY LTD(BMN.AU)$ One of my favourite uranium plays... The others are $BOSS ENERGY LTD(BOE.AU)$ and $Denison Mines(DNN)$ and to a lesser extent, $Global X Uranium ETF(URA)$ . The uranium stocks have been unfairly sold off due to news coming from Kazakhstan state uranium company, when it raised its production guidance back in August. How things turn around in a month! Suddenly, the same big uranium producer said that it can't produce that much after all... Then came the news from Russia for a possible export restrictions as per Putin's direction! More good news followed last week as T
avatarAh_Meng
09-16
$Aberdeen Standard Physical Palladium Shares ETF(PALL)$ Besides gold and silver, there's platinum and palladium in the precious metal group (PMGs) PALL and $Aberdeen Standard Physical Platinum Shares ETF(PPLT)$ are good alternatives. Moreover, both metals have not participated in the current gold and silver rally party and definitely need a close follow up. It's not if but when they start their own catching up party... mark my words, I have decades of experience following PMGs, watch this space...
avatarAh_Meng
09-10
$RTX Corp(RTX)$  A defence company in the time of uncertainty... RTX is one of those rare winners that continue to appreciate gradually when many others drop like flies... war, inflation, US presidential election, China economy downturn, tariffs war that might ensue with China in the near future... defence stocks are up there, good times or bad times. Its defensive nature shines especially during time of chaos... other significant players in this space are$Lockheed Martin(LMT)$ and $Huntington Ingalls(HII)$ 
avatarAh_Meng
09-03
$Direxion Daily 20 Year Plus Treasury Bull 3x Shares(TMF)$ The shining light in today's stock market's rout... always good to find a buffer... something different than the norm, maybe gold or silver... alas in today's market, even those are not spare! [Spurting]  [Facepalm]  Expect the unexpected... and protect ourselves 
avatarAh_Meng
08-29
I don’t know about Berkshire vs Nasdaq. But I will go for S&P ETF instead, because that’s what even Warran Buffett had recommended if one doesn’t know better about stocks picking [Tongue][Facepalm][Miser][Smug] Clever take? [Cool]
avatarAh_Meng
08-26
$BANNERMAN ENERGY LTD(BMN.AU)$ Now you see... now you don't... if this is a loss, think again... not everything we see is real... [Tongue]  [Cool]  [Sly]  I like this contrast... buy low sell high, sell high buy low... whatever you call it... uranium, it's just getting started, at least in the medium term, until production catches up. Commodities are all about demand and supply, they are never the price setters. However, that doesn't mean we couldn't profit from it. It's all about entry... and exit. Buy when the whole world abandons it, sell when the world embraces it... nuclear reactors are not going away anytime soon... so is its fuel, uranium... I will continue loading when the price is right...
avatarAh_Meng
08-25
The objective is to let the winners run… and cut the losers… but it is easier said than done. While still learning the art, I have tried to let the winners run (trimming only when it becomes too big in my portfolio ) while waiting for those with potential losers to catch back up… when assessing where to cut, instead of profit taking , the tendency now is lost trimming
avatarAh_Meng
08-19
$Direxion Daily Small Cap Bull 3x Shares(TNA)$ Will rotation into smaller caps continue? The big techs have rebounded, the rally can only be sustained if small caps follow...
avatarAh_Meng
08-13

Main reason NOT to buy Tesla - now or ever: Elon Musk

Looking at the title, you might think I am either anti-Elon Musk or anti-Tesla, or both. I can assure you I am not. Neither am I a Tesla cheerleader.  Tesla does have many attributes that attract investors and speculators alike. In fact, since its listing in the Nasdaq has seen Tesla shares being equally heavily bought and heavily shorted.  Why? The answer is simple. Valuation. Yes, I suppose nobody can agree how to value Tesla. Supporters like to think Tesla as a futuristic company and place a value solely based on its perceived potential. Opponents value Tesla as it is. A EV and battery company. The answer is probably somewhere in between. To be sure, Tesla is not the only company valued for its perceived potential, Nvidia, the AI chips champion, has also been valued at its per
Main reason NOT to buy Tesla - now or ever: Elon Musk
avatarAh_Meng
08-12
$ProShares Ultra Silver(AGQ)$ Don't mind me... I just kept adding to my position... if gold runs towards its all time high, it's only a matter of time before silver catches up! There are two possibilities for gold-silver ratio to come closer: 1) no change in silver price while gold crashes; 2) silver price skyrockets! I can't see gold crashing anytime given the unstable situation in the Middle East and unsteady US economy... there's only one possibility then... [Happy]  [Cool]  [Tongue]  
avatarAh_Meng
08-05
$Direxion Daily 20 Year Plus Treasury Bull 3x Shares(TMF)$ Building up buffer to the current volatility if recession is indeed coming... but I don't think so, at least not yet...
avatarAh_Meng
07-29
$AML3D LTD(AL3.AU)$ After going sideways for sometime, this company looks to be on the move again.  As shared previously, defence companies have been on the move lately. Over the last 2 weeks, when it appears that correction has finally taken place due mainly to profit taking activities, the sector simply refused to give up... yet. The major correction started at $DRONESHIELD LTD(DRO.AU)$ after ASX Enquiry over its share price action. Drone shield hits all time high with no announcement or apparent reasons (we all know how speculation works [Grin]  [Silence]  ). During this time period, $QUICKSTEP HOLDINGS LIMITED(QHL.AU)$ has apparently take

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