I opened $Liberty Media Series A(LSXMA)$ ,I purchased LSXMA because I believe it is currently undervalued and see this as an opportunity to buy in at a discount.
$Straits Times Index(STI.SI)$ As Singapore's National Day draws near, I'd like to extend a heartfelt early happy birthday to the nation. The anticipation for the celebrations is building and I am eagerly looking forward to watching the impressive fireworks display and the National Day Parade on TV. The parade is always a highlight, showcasing the unity of its people. In the spirit of celebrating Singapore's vibrant culture, I have been reflecting on my culinary skills. I have a deep love for local cuisine but I am still in the process of mastering the art of cooking. I am particularly excited about learning how to prepare some of Singapore's beloved dishes such as chicken rice, Hokkien mee, laska and roti prat
This year, my stock investment strategy has yielded a satisfactory performance overall, with a net profit across my portfolio. I have engaged in trading multiple bank stocks, specifically NYCB, FFWM, VLY, TBNK and CFFN. In addition to these financial sector investments, I have diversified by trading other stocks such as VTRS, ZIM and LSXMA. One of the key components of my portfolio is the TLT etf. Unlike many stocks that I traded on a short-term basis, I intend to hold TLT for the long term. My confidence in the TLT etf is based on an expectation that its price will continue to increase, reflecting favourable conditions in the bond market. While most of my trades have been successful, my investment in VLY has underperformed this year. Despite its current poor performance, I am optimi
I closed $New York Community(NYCB)$ ,I bought NYCB stock because I initially believed the price was favourable. However, after my purchase, the price dropped before rising again. I decided to sell it because I no longer believed the price was as good as I originally thought.
Selecting the right stocks to monitor isn’t just about spotting trends; it requires understanding the why behind each decision. Here's a step-by-step approach to stock selection, complete with examples and explanations of why these factors are important. 1. Evaluate Net Income: Is the Company Profitable? Why It Matters: A company with positive net income is making a profit, which indicates financial health and a better chance of long-term survival. Negative net income suggests the company might be struggling, which increases risk. Example: Company A: Net income of -$50 million (negative) [Facepalm]. Company B: Net income of $100 million (positive) [USD]. Decision: I focus on Company B, as profitability shows the company is generating more revenue than expenses, a critical sign of stabilit
I'm keeping an eye on Tesla’s stock today, even though I don’t hold any shares myself. It's currently up more than 5% in pre-market trading, which is interesting, especially considering the stock’s already high price. I’m genuinely puzzled about why people are still buying into it at these elevated levels. While there are probably multiple factors at play, one clear reason might be the recent victory of Donald Trump in the 2024 presidential election. Investors could be betting that his win will lead to a more business-friendly environment, potentially benefiting companies like Tesla. With Trump’s policies historically favoring deregulation, tax cuts, and support for big corporations, some might see his presidency as a catalyst for increased growth for tech companies, especially in the ener
I opened $Occidental(OXY)$ ,I opened $Occidental(OXY)$ ,I opened $Occidental(OXY)$ ,I repurchased OXY today after its price fell perhaps partly due to Occidental's announcement that Ecopetrol will not acquire a stake in Crownrock assets. This development doesn't seem significant to me, given Occidental's strong fundamentals. The post-market earnings report is due next week. While I hope to sell before the earnings release, I am comfortable holding onto the stock since there's always a chance that the earnings might be positive.
I opened $iShares 20+ Year Treasury Bond ETF(TLT)$ ,I couldn't resist buying more TLT because I believe it is a great opportunity given the current market conditions. Additionally, I see it as a way to strengthen my portfolio's diversification during uncertain times.
I opened $iShares U.S. Treasury Bond ETF(GOVT)$ ,I bought iShares U.S. Treasury Bond ETF (GOVT) because I consider treasury bond ETFs to be less risky than stocks. I also aim to broaden my investment portfolio.
I closed $apache(APA)$ ,I closed $apache(APA)$ ,I sold APA after seeing the news that UBS cut the price target of APA. While I don't personally place much weight on analyst price targets, I believe some investors might be influenced by this change. As a precaution and because my goal is to make a quick profit, I decided to sell.
I closed $Liberty Media Series A(LSXMA)$ ,I sold LSXMA because the CPI data will be released this week and we don't know whether the data will be good or bad yet.
I opened $Direxion Daily 20 Year Plus Treasury Bull 3x Shares(TMF)$ ,I decided to buy back TMF after reconsidering various factors, particularly US Treasury yields. While the initial jobless claims data may not have been favourable for TMF, other elements such as movement in Treasury yields, present a more positive outlook. If yields stabilise or decrease, long-term treasury bonds, which TMF is leveraged on, could see an increase in value. I recognised that despite the potential risks from the labour market data, these other factors might provide an opportunity for TMF to perform well in the longer term.
I closed $Arbor(ABR)$ ,I purchased ABR at $13.01 and sold it at $13.05. It's a small profit but I am satisfied with it. I decided to sell because I want to put the funds into Fullerton USD, which offers attractive interest.
I opened $Valley National(VLY)$ ,I purchased VLY stock because I found the current price to be an attractive entry point. Additionally, I have confidence in the bank's potential for growth.
I closed $Nike(NKE)$ ,While I don't mind holding NKE for the long term due to my confidence in the company's potential, I prefer short-term trading for this stock. The daily closing hasn't fluctuated significantly. For instance, the 52-week low recently was $71.24 on 15th July and in the past five days, the closing price has hovered between $71.31 to under $73.50. Within each trading day, there are usually some fluctuations. For example, yesterday's price range was from $71.51 to $72.96.
I opened $iShares 20+ Year Treasury Bond ETF(TLT)$ ,I decided to buy TLT after learning about the Sahm rule. Although many are optimistic about a soft landing, I am increasing my position as a precaution in case a recession hits in the future.
I closed $Direxion Daily 20 Year Plus Treasury Bull 3x Shares(TMF)$ ,TMF is quite volatile, with a mix of positive and negative data influencing its price movements. This unpredictability presents opportunities for bothe gains and losses. I am considering adopting a strategy of buying and selling to capture small, consistent profits amid the fluctuations.
I opened $iShares 20+ Year Treasury Bond ETF(TLT)$ ,I purchased 41 shares of TLT in anticipation of key economic reports. The initial jobless claims data is set to be released this week, followed by GDP figures next week. It's a strategic move to prepare for potential market reactions.