To The Moon

Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. For the past 4 trading days in Week 18, we have seen the 3 indexes close in the RED. We do understand that there is an issue with regional banks, where First Republic Bank was bought out by JPMorgan. But is this the only issue which cause the indexes to be in the RED? We have the Fed announcement on 03 May 23 that a further increase of 25 basis point is coming and a pause might be ‘coming’. If we look closely at how things unfold, investors would have suffered on 01 May 2023, but there are something we may want to notice. Let me share with you on how the Bitcoin volume was traded after the regional bank issue by First Republic Bank happen

The STI $Straits Times Index(STI.SI)$ ended April with a 1.3% total return, bringing its total return for the four months ending April to 2.1%. During April, institutions were net sellers of Singapore stocks, with S$261 million of net institutional outflows. This was the least amount of monthly net institutional outflows since net inflows were booked in November 2022. The month of April also saw the STI produce its narrowest percentage trading range since February 2015, which coincided with comparatively less swings in the 10-year US Treasury Note yields. Coincidentally, the four-month return of the STI at 2.1% came in at the midpoint between the SGD total returns of the FTSE Asia Pacific Index at 3.3% and FTSE ASEAN All-Share Index at 0.8%.Wh

In general, rising interest rates boost banks' net interest margins, so it's good news for bank stocks. In addition, higher interest rates can boost profits on safe liabilities held by insurers.However, banks and other financial stocks that hold long-term debt investments are in trouble against the backdrop of weaker bond markets in 2023.In addition, investors are concerned that the Fed may not be able to pull inflation down without triggering a U.S. recession, which is bad news for growth in bank lending and for most stocks in the financial sector.Analyst at CFRA Research still see significant upside potential in the stock prices of the following 5 financial companies. $Visa(V)$ , $JPMorgan Chase(JPM)$ ,