Saturday, April 19, 2014

The US Markets are Resuming Bullish Prospect - Equity Balance Update to 19-Apr-2014

This has been a short week. It's world wide holiday of Good Friday.

The markets have been doing well too. My portfolio total loss has turned to profit of 0.5K.

I've reduced my holding of GLD, and added more of Msft shares. Msft has become the biggest size in my portfolio now.

The updated balance chart as follows:



Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, April 12, 2014

The Weaker USD and Sell Off of NASDAQ - Equity Balance Update to 12-Apr-2014

This week has not been too well for my portfolio,
The USD gets weaker along the week, and NASDAQ also got some big sell off.

Total profit has turned to loss of -0.3K this week.

It's kind of a weird situation where USD gets weak at this point of time, while Dow also decline together.

The market could be preparing for some sudden move, it's time to be rather cautious.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, April 5, 2014

The Expected Jobs Data Drives Down Dow - Equity Balance Update to 05-Apr-2014

This week I've cleared my holding of Intel, Msft, and reduced ExxonMobil,
Besides, I've also entered some position of GLD during the sell down.

By end of the week, USD gets weaker which is a bit unusual. Dow was down after jobs data release.
The total profit has increased to 0.5K.

I kind of think Apr will be an important month to investors for this year.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, March 29, 2014

Weaker USD and Reviving Emerging Markets - Equity Balance Update to 29-Mar-2014

This week the USD gets weaker, Gold declined, while SGD and local market performed well together with the good Feb manufacturing output data.

I've traded some Msft this week, and reduced holding of ExxonMobil.
The total loss has turned to breakeven 0.0K this week. updated balance chart as follows:
I think this is indeed a meaningful restart point for me.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, March 22, 2014

The Crimea Vote and Fed's Interest Rate Card - Equity Balance Update to 22-Mar-2014

This week the market has moved. Yellen's speech has lifted USD and pose a blow to bond market.
After that US stocks have rallied with Tech stocks but closed lower towards end of week.

I've offloaded some Msft for some profit taking. The total loss has improved to -0.6K.
updated balance chart as follows:

Another piece of news is that Alibaba will list in US market to raise about 120B.
This is a good time for Tech companies, Facebook, Twitter, Whatsapp and now Alibaba. but no one can tell if the party is close to being over.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, March 15, 2014

The Missing Airplane and Slowing China Growth Data - Equity Balance Update to 15-Mar-2014

This week has not been good for my portfolio. The USD weakened, Dow also declined. The only rally is gold but I already cleared some time ago.

The total loss has worsened to -2.4K, kind of back to square for this year.
I've cleared the US iboxx etf this week. The market has not been really in favor of bonds recently.

Nothing much to add. The unusual dry weather continues here. The missing plane has become a global politics show now.

Hope that things will just be fine.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, March 8, 2014

The Ulkraine and Recovered Job Growth in Feb - Equity Balance Update to 08-Mar-2014

This week I've been adding in some more Msft and Xom shares.
The USD currency gets weaker this week, and local Pref share market has showed some continued weakness. DBS4.7% still under selling pressure, could be some news brewing.

The total loss has worsened to -1.6K. updated balance chart as follows:



Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Thursday, March 6, 2014

The Value Play Lesson - LeeMetal

Just like to write a bit about this small Cap local company LeeMetal.

I looked at it when it's around 21 cents. The yield was about 10-12% which was pretty high. But I was not able to stick to the value approach and was washed out at 0.20 at a loss.

Now it's traded at 0.41 which almost doubled.

This is just another opportunity I missed with lesson learned, and good example of value counter play.

The company is in a relatively weak industry cycle. But it's a well managed business and reward shareholders with big dividend payout.

Market has eventually went up to reflect this value as its still in good running.

I should be keeping this lesson in mind as a reminder for me for the value investment approach.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, March 1, 2014

Slowed Jan US Economy Doesn't Change FED's Plan - Equity Balance Update to 01-Mar-2014

This week I've been making re-balance of my portfolio.
I've added 1 position of Wilmar, added 1 position of Intel, and reduced holding of Msft, ExxonM, and iBoxx bond fund.

Total loss has been improved to -0.4K. Hopefully I will be in the black soon.
I'd start with a new balance chart:
The local economy are seeing more signs of challenges in the retail segment. Property still been held back by the cooling measures. And it will really depend on the non oil export performance.
I will still be focusing less on local and more on US side.

US Fed confirms the tampering to continue as long as US economy gains traction. Yellen has confirmed again looking at sometime in Fall to stop it totally.
This basically means Fed's confidence in US's economy, and confirmed the path of less US dollar injection into the economy.

G20 summit confirms financial policy for global economic growth plan for follow on years.

At the same time, China has decided to lower its currency against USD.

This has become a complicated situation. It seems US's whole QE is working out and the next phase could be harvesting the fruits. Is the interest rate card on the play? No mention of it yet.

Nevertheless, by looking at the whole Dow index, it really looks like a huge bubble anyway...


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Wednesday, February 26, 2014

Added Intel into Watch List

Recently Msft announced news that it has slashed 70% on Win8.1 licence cost on low end tablet OEM.
I've been a user of Msft Windows tablet and can see it's a pretty good device with potential. As a result, I also take a look at Intel. Current valuation at PE 13, past 3 years result decline but stable. Dividend yield around 3.5%, with stock repurchase, low leverage. All in all, quite a well managed company.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.