To The Moon

By the time you read this post, you would’ve learnt about $Berkshire Hathaway(BRK.A)$ annual meeting held last Sat, 06 May 2023 at the CHI Health Center located at Omaha, Nebraska. Or maybe even watch the annual meeting proceedings where both legendary investors Mr Warren Buffet and Mr Charlie Munger kept a 30,000 attendees’ audience engaged for 5 hours over 2 sessions. So much grounds have been covered that it warrants a 2nd, 3rd and even 4th watch of the day’s events to ensure that nothing has been missed out. Funnily enough if you have taken the time (I did !) to read some Tiger members’ posts; everyone seemed to have touched on different excerpts of the annual meeting. I am no exceptions. One of the topics that stuck in my mind when I watche

Singapore consumer stocks span multiple and diverse businesses across non-cyclical/essential products and services, in addition to cyclical/non-essential products and services. The 20 most traded consumer-focused stocks over the past 17 weeks operate a wide field of consumer-focused businesses, with much relevance to the modern day familiar economic themes.1.Cortina Holding $CORTINA HOLDINGS LIMITED(C41.SI)$ Among the 20 traded consumer-focused stocks, luxury timepiece retailers Cortina Holding $CORTINA HOLDINGS LIMITED(C41.SI)$ and The Hour Glass $THE HOUR GLASS LIMITED(AGS.SI)$ have generated the highest 5-year total returns. 2.The Hour Glass

$Shopify(SHOP)$ SHOP has risen 28% for the past 2 trading session and RSI is 78.8, well above the 70 overbought mark. See chart below. Stock is way overbought and should go lower if the broader market is bearish. Its about time to sell some calls for SHOP. However do take note SHOP is breaking 52 weeks high and it is very risky to fight the trend. Therefore one may want to consider options strategies such as Bear Call spread to limit your risk and protect yourself in case of any big movement upward. This is a concern as the market may turn bullish since FED has hinted that it is pausing interest. Historically, every single interest rate hike pause or pivot have&nb