As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

Currently; it about 54% to destination!


Click to email CW8888 or Email ID : jacobng1@gmail.com



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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Technical Analysis and Charting
Stock Tips

Saturday, 27 June 2020

Bro STI bows to Uncle DOW overnight??? (2)


Read? Bro STI bows to Uncle DOW overnight???


Uncle8888 also has opened no minimum commission trading account and now can fire multiple sub-bullets for his Three Shots strategy. 

Watching out for smaller waves may be more fun and waiting time will be shorter. 

Smaller Panadols. Smaller pain! 

Can also polish up his craftmanship on chart watching? 


Stocks fell sharply on Friday after Texas rolled back some of its reopening measures, raising concern about the latest spike in coronavirus cases and its impact on the economy.

The Dow Jones Industrial Average closed 730.05 points lower, or 2.8%, at 25,015.55. The S&P 500 slid 2.4% to 3,009.05 and the Nasdaq Composite dropped 2.6% to close at 9,757.22.

Those losses led to the major averages’ second weekly drop in three weeks. The Dow and S&P 500 fell 3.3% and 2.9%, respectively, for the week and the Nasdaq lost 1.9% in that time period.

“Coronavirus cases are spiking and reopenings are being delayed, which at a minimum will impact earnings,” said Tom Essaye, founder of The Sevens Report. “The resurgence in coronavirus cases is raising concerns that the rebound may be short-lived as voluntary or potentially more government mandated economic shutdowns are becoming increasingly likely.”

Texas ordered all bars and establishments that receive more than 51% of their gross receipts from alcoholic beverages to shut down operations. Restaurants, meanwhile, must limit on-premise dining to less than 50% indoor capacity. “At this time, it is clear that the rise in cases is largely driven by certain types of activities, including Texans congregating in bars,” Texas Gov. Greg Abbott said.

Florida also announced it would suspend “on premises consumption” of alcohol at bars in the state after reporting a surge of nearly 9,000 new virus cases. In Arizona, the number of cases jumped by 5.4%, topping a seven-day average of 2.9%. At a nationwide level, the daily average number of confirmed coronavirus cases is now more than 33,000.






























7 comments:

  1. Will Tiger Broker bring roars to STI like Robinhood in US?

    ReplyDelete
    Replies
    1. CW,

      LOL!

      Thank goodness I got my mobile gaming distractions. Got bored waiting?

      I've taken the opposite path.

      I've noticed I've gotten quite excited with the small coffee money since the March "excitement" that I deliberately have to tear myself to ignore the small ikan bilis trades and be more patient and continue waiting for the big one that matters ;)

      Good luck and have fun! Itchy fingers you!


      Brokers' commission getting lesser and lesser to ridiculous levels. One day they may pay us to trade? LOL!

      No wonder star remisiers are quitting and switching to teaching others how to trade to make big bucks ;)

      Must be flexible and adapt.

      We have to count our blessings we both are out of the corporate world. I hate it when others tell me I have to retrain or take up more courses to stay relevant...

      Delete
    2. More ex-colleagues started messaging me on investing. Ha ha! WFH with more spare time to watch Market without worrying being caught by bosses or sabo by peers.

      Delete
    3. CW,

      Even working at office, with easier access to trading on mobile, its even easier to skive on the job than before!

      Never, never trade using office PCs.

      Even using private browsing, the company can still see which websites their employees are surfing on the job. Don't believe just ask your IT administrator.

      Of course exception would be SMEs where the boss is IT dinosaur like me or too cheap to install spying/security software ;)

      Want to trade at work, don't be cheapo. Use your own notebook/tablet/mobile using your OWN mobile data.

      Yes, that's why some of you never got that promotion... Company discovered your "heart" not in the job...

      Delete
    4. Also must be careful. Check your mobile phone in toilet cubicle. Mobile screen that is blinking randomly across the screen is noticeable from distance. :-)

      Delete
  2. i used tele- broker trading donkey years ago.

    i think b4 there is INT. trading.

    Yes must hide somewhere, some secret corner, away form anyone.

    LOL.

    That's how i made some serious money from NOL and the like.

    ReplyDelete
  3. https://www.youtube.com/watch?v=9dQDBadYQB0

    Don't U think U are glad U are Singaporean and not a American?

    ReplyDelete

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