Sell in May and go away?
UBS still reviewing risk of misstatement in Credit Suisse’s books
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UBS said it is still reviewing potential misstatements in Credit Suisse's
financial reports and talks with regulators to address the issue are
ongoing. Rea...
42 minutes ago
Nice ... coming down to 10-year support. :)
ReplyDeleteLikely to break & test 3000 like late-2018. Hohoho
Trump is continuing his Xmas sale with a GSS sale for investors LOL!
Any insider with access to Trump's secret brokerage accounts? If he starts loading up means he's going to make a deal soon! Hahaha!
I can't afford to miss the next GSS
ReplyDeleteJust my personal gut feel so is basically BS-ing. But the next really big drop may still be couple of years away.
ReplyDeleteProblem may be that the ongoing bull will be volatile --- will still be overall +ve over the next 1-2 years, but along the way will have many -ve weeks & months. Tough environment for trend follower!!
For my dual momentum portion, still in US stocks. See how June ends!
For pure trend following portion, half-in half-out of Asian dividend stocks. May soon be all cash LOL!
For the smaller discretionary portion, have sold QQQ end of April for 11+% gain, but relatively kopi money gains lah. Monitoring sentiment oscillators, advance-decline extremes and put-call ratios for potential "blood in the streets" punt.
I missed the recent rare earths spike. The ETF still looks good from technical setup & may have more gains to go, but me no experience with this volatile commodity. And if Trump/Xi dial down their rhetoric in 2-3 months, rare earths will plummet again.