My Investment Portfolio falling down vs Current STI vs STI during GFC

STI didn't rebounded strongly from 2,5XX so no more strong support till 1,8XX.

Can you survive the emotional pain to ride the fall to below 2,000 and beyond?

More and more paper losses can tahan?

Uncle8888 also tio circuit breaker liao.  27% of war chest has been deployed.

See you at 2,3XX or below.

Thinking of new game plan to deploy war chest to last till STI 8XX assuming Depression 2.0 is coming!

Great pain ahead and how to survive when everyday so free to look at market and CANNOT roam across Singapore island with his unlimited monthly transport pass!

Sibei sibei sianz!

KNS! Convid-19!

The only consolation is that being retired from full-time job as employee in 2016; Uncle8888 himself cannot be retrenched anymore; but thinking for his three children also cham! 

Sigh!

Round 12 : Bought Olam @ $1.48

Read? Olam CEO bought 750K shares or 45% of total vol at avg $1.48


Read? Olam to post one-time net gain of S$72m for Q4 from restructuring initiatives

Will Olam learn from its painful history of overly aggressive and grow out of control?

Temasek good enough to control this animal spirit?


Read? Olam: Sold $2.33, ROC 36.7%


Round 12 : B $1.48  (Buy back for bitter Panadols)

Round 11: ROC 36.7%, 1287 days, B $1.68 S $2.33
Round 10: ROC 8.5%, 236 days, B $2.52 S $2.75
Round 9: ROC 7.0%, 228 days, B $2.56 S $2.75
Round 8: ROC 20.8%, 65 days, B $2.41 S $2.93
Round 7: ROC 15.8%, 311 days, B $2.48 S $2.89
Round 6: ROC 10.2%, 8 days, B $2.39 S $2.65
Round 5: ROC 6.3%, 3 days, B $2.45 S $2.62 (Bought back higher)
Round 4: ROC 5.9%, 15 days, B $2.26 S $2.41
Round 3: ROC 9.6%, 8 days, B $2.18 S $2.40
Round 2: ROC 7.0%, 8 days, B $2.18 S $2.35 (Bought back higher)
Round 1: ROC 9.8%, 161 days, B $1.37 S $1.52

Dow futures jump 200 points after Wall Street suffers worst day since 1987 market crash

Read? Dow futures jump 200 points after Wall Street suffers worst day since 1987 market crash

Stock futures traded higher on Monday night after Wall Street suffered massive losses earlier in the day amid concerns over the economic blow from the coronavirus outbreak.

Dow Jones Industrial Average futures rose by 229 points, or about 1.1%. S&P 500 and Nasdaq 100 futures were also higher. Dow futures briefly traded more than 200 points higher after President Donald Trump tweeted: “The United States will be powerfully supporting those industries, like Airlines and others, that are particularly affected by the Chinese Virus. We will be stronger than ever before!”

The Dow Jones Industrial Average and S&P 500 had their worst day since the “Black Monday” crash of 1987, falling 12.9% and 12%, respectively. It was also the Dow’s third-worst day ever. The Nasdaq Composite had its biggest one-day plunge ever, tumbling 12.3%.

The Cboe Volatility Index — Wall Street’s preferred fear gauge — posted its highest-ever close at 82.69. That tops the financial crisis’ peak of 80.74.

Wall Street’s drop came even after the Federal Reserve slashed interest rates to near-zero on Sunday and announced a $750 billion asset-purchasing program. It also came as the number of coronavirus cases jumped in the U.S.

At least 4,281 cases have been confirmed in the U.S. along with more than 70 deaths, according to data from Johns Hopkins University. President Donald Trump also said the crisis could stretch into August, adding the administration may look at locking down “certain areas.”

“Although the contemporary crisis is loaded with bad news, this has not been its primary problem. It’s the ‘unknown,’” said Jim Paulsen, chief investment strategist at The Leuthold Group, in a note. “Not even health experts understand what this is or where it is headed, and that is the worst possible outcome for investors.”

“Give me bad news any day over complete uncertainty,” he said.

The S&P 500 closed Monday at its lowest level since December 2018. The Dow ended the session at its levels not seen since early 2017.

“For now until there is improvement in the trend … it’s tough to consider being long and it’s right to be in Cash on the sidelines,” Mark Newton, managing member at Newton Advisors, said in a note to clients.

Round 23 : Bought DBS @ $18.78

Uncle8888 recalled back his two ex-commandos (Round 20 and 21) from Mr Market to fight Convid-19

Read? Round 22 : Bought DBS @ $18.98

Round 23: B $18.78  (Buy back for Panadols)
Round 22: B $18.98  (Buy back for Panadols)

Round 21: ROC +20.4%, 449 days, B $16.01 S $19.38
Round 20: ROC +11.3%, 490 days, B $16.98 S $19.03 
Round 19: ROC +178%, 4,385 days, B $7.53 S $21.04   
Round 18: ROC +144.7%, 2,174 days, B $8.27 S $20.31  
Round 17: ROC - 31.1%, 232 days, B $24.20 S $16.80  
Round 16: ROC - 21.6%, 222 days, B $23.20 S $18.32  
Round 15: ROC - 18.1%, 186 days, B $22.90 S $18.88  
Round 14: ROC - 9.2%, 70 days, B $21.00 S $19.20  
Round 13: ROC +9%, 65 days, B $20.50 S $22.50 
Round 12: ROC +10.6%, 8 days, B $20.50 S $22.60

STI : Breaking Down 2,500 Support!!!

Will STI marching down to the next great support at 1,8XX?

For first timers who have started investing after 2009; this Bear will teach you what is proper money and portfolio management of 3M's in long-term investing and short term trading.

Method, Mind and Money Management!

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

In an emergency move Sunday, the Federal Reserve announced it is dropping its benchmark interest rate to zero and launching a new round of quantitative easing.

The QE program will entail $700 billion worth of asset purchases entailing Treasurys and mortgage-backed securities.

Markets responded negatively, with Dow futures pointing to a drop of 900 points when the market opens Monday morning.

The Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” cut interest rates to essentially zero on Sunday and launched a massive $700 billion quantitative easing program to shelter the economy from the effects of the virus.

The new fed funds rate, used as a benchmark both for short-term lending for financial institutions and as a peg to many consumer rates, will now be targeted at 0% to 0.25% down from a previous target range of 1% to 1.25%.

Facing highly disrupted financial markets, the Fed also slashed the rate of emergency lending at the discount window for banks by 125 basis points to 0.25%, and lengthened the term of loans to 90 days.

At a press conference Sunday evening following the decision, Powell said the Fed would be patient before lifting rates again.

“We will maintain the rate at this level until we’re confident that the economy has weathered recent events and is on track to achieve our maximum employment and price stability goals,” Powell said.

“That’s the test ... some things have to happen before we consider ... we’re going to be watching, and willing to be patient, certainly,” he added.

The quantitative easing will take the form of $500 billion of Treasurys and $200 billion of agency-backed mortgage securities. The Fed said the purchases will begin Monday with a $40 billion installment.

Cleveland Fed President Loretta Mester was the lone no vote, preferring to set rates at 0.5% to 0.75%, which would have represented a 50 basis point, of half percentage point, reduction.

The Fed added in its statement that it “is prepared to use its full range of tools to support the flow of credit to households and businesses and thereby promote its maximum employment and price stability goals.”

It appeared, though it was not entirely clear, that the meeting that took place will replace the regularly scheduled meeting of the Federal Open Market Committee.

The move follows several actions by the Fed over the past two weeks in which it enacted a 50 basis point emergency rate cut and expanded the overnight credit offering, or repo, for the financial system up to $1.5 trillion.

—CNBC’s Jeff Cox contributed.

DBS : Bitter or Sweeten Panadols to ease heartache???

Read? Round 22 : Bought DBS @ $18.98

Shares buy back

13 Mar 20 : 2,800,000 (9.3% of total vol)  from $18.88 to $19.99

12 Mar 20 : 1,300,000 (8.9% of total vol)  from $20.11 to $20.54

11 Mar 20 : 1,500,000 (12.4% of total vol)  from $21.01 to $21.45

10 Mar 20 : 2,200,000 (11.3% of total vol)  from $20.53 to $21.70

9 Mar 20 :1,000,000 (5% of total vol)  from $21.07 to $2.06

Dividend Yield

Q 4 2019 : $0.33 XD on 7 Apr 20

Based on $20, 1.65%  confirmed

Assuming next few quarters; dividend drops to $0.25 from $0.33

Yield for 2020 is about 5.4%!

A bitter or sweeten Panadols of 5.4% for 2020 or 5% for 2021 to 2022

Hmm ...

CONVID -19 vs GFC : Is the nightmare just begins???

12 Years Of STI Bull Run (2009 to 2020)

Hopefully; this round Uncle8888 gets his timing the market and time in the market right! Probably; this may be his last chance!

STI last Friday dropped to day low of 2,511 and is about the same level at 2,583 on Jan 2000 when he started seriously his long investing journey thinking he could create wealth from the stock market using long-term investing and short-term trading and later also did T+5 contra trading and got himself burnt by contra trading and chopped fingers on Nov 2008.

20 years liao!

1) Jan 2000

War Chest : 100% (Capital from saving)

STI : 67% of STI Bull Peak @ 3,876

Stocks exposure : 0%

2) Mar 2020

War Chest : 127% (Capital plus retained investment gains)

STI : 68% of STI Bull Peak @ 3,876

Stocks exposure : 38%

Completed The National Steps Challenge Season 5 today?

Read? Have You Took The National Steps Challenge Season 5?


Collected total $60 NTUC voucher.

2019 : Walked 4,367 Km

2012 Mar : Walked 1,069 Km

CONVID - Apr 2019 Peak to 13 Mar 2020 vs GFC Oct 2007 Peak to Apr 2009

STI Technically Into Bear Market (3)

Read? STI Technically Into Bear Market (2)

SINGAPORE equities resumed trading on Friday afternoon, recovering some of the early-session losses after the global stock rout amid growing worries over the virus outbreak's economic fallout.

Sentiment has improved slightly after the Bank of Japan rolled out an unscheduled 200 billion yen (S$2.67 billion) bond-buying plan along with a liquidity injection.

The Straits Times Index (STI), which fell more than 6 per cent in the early minutes of Friday's session, was down 66.64 points or 2.5 per cent to 2,612.00 as at 1.04pm. The STI's 5 per cent drop at the commencement of Friday trading was its largest decline at the open since October 2008.

Shortly after the afternoon session began, volume traded on the Singapore bourse clocked in at 1.38 billion securities with a total turnover of S$1.55 billion. Both volume and turnover have already exceeded their respective 2019 intraday averages.

CW8888: Walau!
----------------------

STI : 2,510.88 - 2,676.84 on 13 Mar 2020

Hmmm ... bound off 2,511 to close 2,634.00

Dow futures point to 700 point opening loss following market’s worst day since ‘Black Monday’

Read? Dow futures point to 700 point opening loss following market’s worst day since ‘Black Monday’


Stock futures pointed to more pain ahead on Friday as they fell in overnight trading following major averages losing the most since the “Black Monday” market crash in 1987.

As of 10:05 p.m. ET Thursday, futures on the Dow Jones Industrial Average fell 593 points, pointing to an implied opening drop of 705.62 points for the index on Friday. S&P 500 and Nasdaq-100 futures also pointed to another day of sharp losses for the indexes.

The overnight action followed the official end of the record-long bull market run. The S&P 500 plummeted 9.5% in its worst day in more than three decades Thursday, joining the Dow in a bear market, or more than 20% from its recent peak. The Dow also suffered its worst point drop ever and the biggest percentage decline since 1987.

Round 3 : Bought SGX @ $8.21

Read? SGX - Turning Bearish after hitting 52WH @ $8.61???

More Panadols!!!


Round 3 : B $8.21 (Buy back for Panadols)

Round 2 : ROC +13.6%, 3 days, B $7.46 S $8.52
Round 1 : ROC +12.3%, 61 days, B $6.87 S $7.76

Round 22 : Bought DBS @ $18.98

Highest profit gain at Round 19 @ 178%

Round 20 and 21 due to trailing stops. Who said taking profit is never wrong? But, DBS shot up to $30 hor!

We can't never time the market!  So next best is to take Panadols as seasoned drug addict like Uncle8888

Round 22: B $18.98  (Buy back for Panadols)

Read? DBS

Read?  DBS : Sold @ $19.38 (Re-presenting it in new format)


Round 21: ROC +20.4%, 449 days, B $16.01 S $19.38
Round 20: ROC +11.3%, 490 days, B $16.98 S $19.03 
Round 19: ROC +178%, 4,385 days, B $7.53 S $21.04   
Round 18: ROC +144.7%, 2,174 days, B $8.27 S $20.31  
Round 17: ROC - 31.1%, 232 days, B $24.20 S $16.80  
Round 16: ROC - 21.6%, 222 days, B $23.20 S $18.32  
Round 15: ROC - 18.1%, 186 days, B $22.90 S $18.88  
Round 14: ROC - 9.2%, 70 days, B $21.00 S $19.20  
Round 13: ROC +9%, 65 days, B $20.50 S $22.50 
Round 12: ROC +10.6%, 8 days, B $20.50 S $22.60

Market volatility is natural behaviour of Mr STI . It is ilke that!

STI Technically Into Bear Market (2)

Read? STI Technically Into Bear Market

Next support level at 2,5XX

From Oct 2007 Peak to Mar 2009 Low is 515 days

From recent peak at 3,407 to today is 45 days!

More painful days ahead for long only retail investors; hopefully our Panadols can help to ease heartache and still sleep well!

My Own Psychology Of Losses: Losing Money And Deploying Cash Is Not The Same! (2)

Read? My Own Psychology Of Losses: Losing Money And Deploying Cash Is Not The Same!


% of War Chest deployed already: 12.4%

PAUSE liao!

Control itchy fingers!

Can see but can't press button!

Dow drops 1,400 points and tumbles into a bear market, down 20% from last month’s record close

CW8888 : Finally , Uncle DOW has joined the Small Brother STI in Bear Party! LOL!


The coronavirus-induced sell-off reached a new low on Wednesday as Wall Street grappled with the rapid spread of the virus as well as uncertainty around a fiscal response to curb slower economic growth resulting from the outbreak.

The Dow Jones Industrial Average tumbled 1,464.94 points, or 5.9%, to close at 23,553.22. The 30-stock average closed in a bear market, down more than 20% below the record close set only last month and putting to end an expansion that started in 2009 amid the financial crisis.

Kep Corp : Buy high on hope and sell low on chop fingers???

Read? Kep Corp : Bought @ $5.67 for Round 96

Window of opportunity is opening wide for Koala/Panda in SGX to find their food sources??? (2)

Read? Window of opportunity is opening wide for Koala/Panda in SGX to find their food sources???


Alamak!

Slowness of Koala/Panda yesterday has missed his food source from DBS for failing to buy back below his last sold price $21.04

Bo pian! Source for unhealthy and oily food like Kep Corp!

More or less the estimate cash flow for 2020 has achieved its target!

Enough Panadols for the year!

Kep Corp : Bought @ $5.67 for Round 96

Thursday, 16 October 2014

Read? Kep Corp : Bought @ $9.64 for Round 95


Walau!

Addicted to more Panadols to ease heartache!

Forces At Work In The Stock Market - Nothing More! (Good to refresh!)

Read? Forces At Work In The Stock Market - Nothing More! (2)

Bought Fu Yu @ $0.235

DBS

STI Technically Into Bear Market

Read? STI : Swee swee rebound??? (3)

Read? Singapore stocks near 4-year low as oil rout, COVID-19 fears send investors ‘dumping everything’

SINGAPORE: Singapore shares plunged to a near four-year low amid a major sell-off on Monday (Mar 9), mirroring the sea of red across Asian equity markets as investors rushed for the exits after a steep fall in oil prices and escalating concerns about the global spread of COVID-19.

Clocking losses for the third straight session, the benchmark Straits Times Index (STI) finished at 2,782.37 after diving 6.03 per cent or 178.61 points.

This is the STI’s lowest closing since June 2016 and its worst trading day since October 24, 2008, when it tumbled 8.3 per cent amid the global financial crisis.

Decliners trumped advancers 525 to 84 on Monday. All 30 of the STI’s constituents closed in the red.

“The market is in such a panic that investors are dumping everything. All they want now is cash,” said CMC Markets’ analyst Margaret Yang.

Monday’s market turmoil is fuelled by a free-fall in oil prices after Saudi Arabia, the world’s largest oil exporter, ended failed talks with Russia over supply cuts and announced massive discounts to its official selling prices, sparking fears of an all-out price war.


CW8888: Every transaction there is buyer and seller and also many watching too!

Mr STI is two years late for this 10 anniversary Bear party!

1987

1997

2007

2020

Singtel : Bought @ $2.90

DBS - Double whammy. Unexpected!!!

Dow futures tumble more than 1,000 points as all-out oil price war adds to coronavirus stress; 10-year Treasury yield drops below 0.5%

CW8888: May be smaller pain for SG banks for O&G exposure since it is old wound. No chance of recovery. Can write off more?

Mr STI is giving us the next opportunity to build truly defensive stock portfolio in SGX - CONVID-19???

Read? STI : Swee swee rebound??? (3)

STI peak in the recent years on 2 May 2018 at 3,615 and currently, STI is at 2,961 support level i.e. down by -18%


Uncle8888's investment portfolio is down by -5.5% from the new record peak in 2018

Read? Can We really Hedge With Cash Across Market Cycles?


When the Bull is charging ahead; we will hate cash as it is rotting with little return; but when the market tide has changed and sign of Bear taking charge; then only we will realize that rotting cash as war chest can be seen as a hedge.

Truly defensive investment portfolio are build during market crashes with POSITION sizing, money and risk management for the next market cycle.

When $$$ is mentioned!!!

This old man called Uncle8888 out at Tanjong Pajar in Hokkien  .. 

"Long time no see; you can't recognize me. Ah Seng!"

" You shift house ah?"

Old man then started to shake Uncle8888's hand and then take a pack of cigarettes and pushed one to him.

"No smoke"

Old man blah blah ....

"That day; me and Ah .. saw you at Eunos and called you but you didn't hear and walked away."

blah ...

"You look so ang gay"

"I am very sick!"

"Just came out from hospital"

"Jin cham" 

"You got $10 to spare?"

WTF. Red flag!

Of course, he is scammer!

When someone mentioned $$$$; it is a red flag!

So Uncle8888 walked away and went over to opposite side of the street to watch him.

There he went again to look for the next victim - any guy with grey hairs is his target!

Joke of the week in investing forum

This type of fake "news" not covered under POFMA.

Joke of the week in investing forum. So funny!

When someone kept promoting something good for the community; but one day started mentioning the keyword - $$$! 

Snake oil or faking in disguise???


One guy Whatapps Uncle8888 on 4 Mar 20 with this messsage ....

So co-incidentally and funny; the next day, 5 Mar 20; another different guy from different interest group Whatapps him with these messages ...

Cut losses also applicable for travelling plan???

Read? Next Trip 8 Nights In Jeju In Mar 2020


Alamak! That is life for advance planning and payment.

Original flight schedule was from SIN to Busan (1N), Busan to Jeju and Jeju to Taiwan (Flight from Jeju to Busan was fully booked as it is King Cherry Blossom in Jeju so no choice we have to take flight to Taipei (3N) and then back to SIN from Taipei)

Taiwan first to ban flight from South Korea and forced Uncle8888 to cancel his flights.

1. Jeju Air agreed to cancellation fee of S$50 (Small cut loss) and full refund to credit card (Hmm .. net refund received is slight lower after processing fee and forex rate)

2. Still waiting for Tigerair Taiwan for refund.

3. Scoot maintains no cancellation as there is no travel advisory from Taiwan to SIN. (Cut losses! $500)

4. All accommodations were cancelled FOC as they are still under free cancellation duration. 




Issued at: 24 February 2020

Announcing of flight Cancellation to/from Korea

Due to the widespread of COVID-19, Korea is listed on the Third Outbound Travel Alert (OTA): WARNING which means "avoid to travel".

In compliance with Government's directives as well as for the purpose of carry passengers back, Tigerair Taiwan’s flights to/from Korea route are changed as below:

25 February 2020, Daegu-Taoyuan and Jeju Island-Taoyuan are operated as usual, however, flights from Taoyuan to Daegu, Jeju Island, and Seoul (Incheon) are cancelled.
26 February 2020, Busan-Taoyuan and Seoul (Incheon)-Taoyuan are operated as usual, however, flights to/from Juju Island and Taoyuan-Busan are cancelled.
From 27 February 2020 to 31 March 2020, all flights to/from Korea are cancelled.
Passengers who are affected as above, Tigerair Taiwan offers two options as below(choose 1):

Application deadline: until 21:00(GMT+8) of 1 March 2020.

Option 1: Rebooking

Passengers are able to rebook to other dates, however, the new booking needs to be between 1 April 2020 and 14 July 2020 with embargo period from 1 April 2020 to 10 April 2020 and from 23 June 2020 to 30 June 2020. As long as there are available seat for the selected flight, changes can be done without additional service charge and airfare difference won’t be applied once. Please apply through https://www.surveycake.com/s/bARVr and no need to contact call center.

Option 2: Refund

Full refund for unused tickets. For option 2, passengers could apply directly online through https://www.surveycake.com/s/lnR43, no need to contact Tigerair Taiwan’s call center. Please note that it will take 4 weeks’ working days, afterwards, the amount will go to credit card company, please follow up the updated status with her/his credit card company.

STI : Swee swee rebound??? (3)

Read? STI : Correction or Bear?

STI swee swee rebounds at 2961 on Monday then Bear runs away!

Fed Rate : SARS, GFC and COVID-19

SARS : 17 countries affected

Currently, COVID-19 is already affecting 82 countries

FEd Rate cut is the silver bullet to save economy?

Investors pile in on Reits after Fed rate cut; STI up 0.2% on Wednesday

Read? Investors pile in on Reits after Fed rate cut; STI up 0.2% on Wednesday


INVESTORS piled in on Singapore real estate investment trusts (S-Reits) after the US Federal Reserve's 50-basis-point emergency rate cut to boost confidence in the economy amid the Covid-19 outbreak.

On Wednesday, Reits - often viewed as key beneficiaries of reduced borrowing costs - outperformed the broader market. The iEdge S-REIT Index, which tracks all S-Reits, gained 47.4 points or 3.3 per cent to 1,468.78, its biggest ever single day jump.

Within the asset class, industrial- and retail-related Reits performed best. Heavyweights Ascendas Reit climbed S$0.13 or 4.1 per cent to S$3.33, CapitaLand Commercial Trust jumped S$0.11 or 5.7 per cent to S$2.03 and CapitaLand Mall Trust leapt S$0.12 or 5.1 per cent to finish at S$2.46.

Mapletree Commercial Trust added S$0.11 or 5.2 per cent to S$2.24, and Mapletree Logistics Trust gained S$0.07 or 3.7 per cent to S$1.96. The latter of the two Mapletree Investments sponsored Reits received an upgrade from UOB Kay Hian to "buy" with an increased target price of S$2.08.


With other central banks likely to follow the path of the Fed, Eli Lee, head of investment strategy at Bank of Singapore noted that "the search for yield will continue to be a powerful structural driver of markets".

In a note to clients, Mr Lee recommended they switch "from poorer quality assets into steady dividend-yielding stocks, such as Singapore Reits".

While property plays benefit from looser financial conditions, OCBC Investment Research analysts prefer S-Reits over Singapore developers in the near term due to the former's "more defensive positioning and less impact from the supply chain disruption from Covid-19".

Conversely, the gains made by Reits came at the expense of the local lenders, which were laggards due to the effect that Fed cuts will have on net interest margins.

DBS shares fell S$0.25 or one per cent to S$23.91, OCBC Bank lost S$0.10 or 0.9 per cent to S$10.55 while United Overseas Bank closed at S$24, down S$0.27 or 1.1 per cent.

The performance of the local banks tempered gains on the Straits Times Index (STI), which ended 5.47 points or 0.2 per cent higher at 3,025.03. Eleven of the blue-chip index's 30 components ended in the red.

Singtel was another notable STI laggard, edging down S$0.01 or 0.3 per cent to S$2.97. In a Wednesday report, Citi Research analyst Arthur Pineda noteed that telcos such as Singtel offer a good hedge in the current climate as they offer one of the lowest correlations between gross domestic product and earnings growth.

Mr Pineda also favours fibre network infrastructure plays such as Netlink NBN Trust, which closed S$0.01 or one per cent higher at S$1.01.

Trading volume in Singapore was 1.63 billion securities while total turnover came to S$1.94 billion.

Across the broader market, decliners outpaced advancers 242 to 208.

Elsewhere in the Asia-Pacific, benchmarks were mixed. Australia and Hong Kong finished with losses.

China, Japan, Malaysia, South Korea and Taiwan notched up gains.

DBS

Last week (17 to 21 Feb 2020)

DBS is Top Institution net selling while Retail is exactly opposite side as Top net buying.

Assuming 2020 dividend is still at $1.32; juicy yield and also as strong dose of Panadol to ease heartache on paper losses.

Uncle8888's hand getting itchy! 5% yield Panadol! Okay right?


Thursday, 16 April 2015 (5 yrs ago. Time passed so fast!) Miss out so many Panadols!

Read? DBS : Sold @ $21.04

Can We really Hedge With Cash Across Market Cycles?

Singapore Man of Leisure3 March 2020 at 13:25:00 GMT+8

Rainbow,

Read? Hedging with Cash

I'm not as organised as CW.

One day when I very free I may write and e-book on Trading 101 ;)


What is the cost of hedging with cash over market cycles?

His own data points shows this ...

His highest (peak) annual cash flow achieved over the last 20 years was in 2014.

So, he will know what is the total ROC that is required to level up each of the following year from 2014 to 2020 to this Peak in 2014 is currently about 54% for the next Bear market if it happens in 2020.

Is this an impossible ROC to achieve?

Hmm ...

Fundamental Analysis : As Outsiders How Far Into The Future Can We Analyze Company Business? (2)

Read? Fundamental Analysis : As Outsiders How Far Into The Future Can We Analyze Company Business?


F&B business in Orchard and City are significantly affected. 

Restaurant managers are so free until they have time to chit chat with Uncle8888. Buffet restaurants saw significant drop in catering for tour groups and for now offering special lunch and dinner promotion price for two persons. (Trying to get the number)

Implied yield on US 10-Year treasury futures trading below 1per cent for first time

Read? Implied yield on US 10-Year treasury futures trading below 1per cent for first time


The implied yield on U.S. 10-Year Treasury futures traded below 1 per cent for the first time, as investors grew increasingly unnerved by the spread of coronavirus.


NEW YORK: The implied yield on U.S. 10-Year Treasury futures traded below 1per cent for the first time, as investors grew increasingly unnerved by the spread of coronavirus.

Treasury futures jumped at the open of trading on Sunday night as investors took little solace from weekend comments by U.S. officials that aimed to soothe panic about a pandemic.
Stock futures opened lower. Stock markets plunged last week, with an index of global stocks setting its largest weekly fall since the 2008 financial crisis, and more than US$5 trillion wiped off the value of stocks worldwide.

Money continued to pour into U.S. Treasuries as worries have increased about the global spread of the virus. At one point on Friday afternoon the 10-year yield reached 1.1159 per cent, marking a record low for the fourth consecutive day, after comments by Federal Reserve Chair Jerome Powell cast doubt on whether the U.S. central bank would act quickly on rates. The movement also steepened the portion of the U.S. Treasury yield curve.

"Treasuries are overbought but may stay low due to a slowdown but will spur a wave of refi’s and home sales," said John Lekas, CEO and Senior Portfolio Manager at Leader Capital.

Markets are now looking to central banks for aid in quelling the panic.


Goldman Sachs economists on Sunday predicted the U.S. Federal Reserve will cut interest rates aggressively and perhaps before its next scheduled meeting in two weeks time, saying the head of the U.S. central bank sent a clear signal with his unscheduled statement on Friday.

(Reporting by Megan Davies and Dan Burns; Editing by Daniel Wallis)


Source: Reuters

Window of opportunity is opening wide for Koala/Panda in SGX to find their food sources???

Read? Dec 2019 Investing Performance Report : 20 Years in local SGX stock market only


The cost of maintaining status quo will be a new low of estimated 7.7% in 2020 since 2009!

Now there is sign of Autumn coming as more Leaves are falling down!

CPL

Read? CPL - Sold ROC 37%