Reits rise as rate cuts are finalized, my lucky entry points and a close encounter.
Recently as we all know, rate cuts are basically finalized and the next big thing in the markets.
Back when the feds initially indicated a rate cut, I got in at just the right time to bag a good price on $Mapletree Ind Tr (ME8U.SG)$ , leading to a chart Tha looks like this.
Unsupported module.
Please view on mobile devices.
with my p&l quite in the green (14%)
![Reits rise as rate cuts are finalized, my lucky entry points and a close encounter.](https://sgsnsimg.moomoo.com/sns_client_feed/101785696/20240912/1726135184403-random6995-101785696-android-org.png/big?area=101&is_public=true)
I initially planned for this to be a long term investment but reits rose way above my expectations, pushed by rate cut optimism, and I honestly won't complain about it.
I've cut my position quite alot as price is reaching its previous high, but will add on any dips.
On the other hand, my Singapore stock free commissions were ending soon, so I decided to put a little bit into $SIA (C6L.SG)$ as I felt that they would be rising from the rate cuts and currency fluctuations brought about by the boj awhile ago.
![Reits rise as rate cuts are finalized, my lucky entry points and a close encounter.](https://sgsnsimg.moomoo.com/sns_client_feed/101785696/20240912/1726135188328-random191-101785696-android-org.png/big?area=101&is_public=true)
(roughly 3%)
I also had a close encounter on $CSE Global (544.SG)$ , selling just before the price dumped following a court settlement from one of their subsidiaries.
![Reits rise as rate cuts are finalized, my lucky entry points and a close encounter.](https://sgsnsimg.moomoo.com/sns_client_feed/101785696/20240912/1726135189666-random1683-101785696-android-org.png/big?area=101&is_public=true)
I also managed to improve my market timings on Nvidia, buying the dip cuz the previous trade had a stop loss slippage.
![Reits rise as rate cuts are finalized, my lucky entry points and a close encounter.](https://sgsnsimg.moomoo.com/sns_client_feed/101785696/20240912/1726135190949-random8486-101785696-android-org.png/big?area=101&is_public=true)
Unsupported module.
Please view on mobile devices.
Yep that's all, I'll likely monitor reits for any other buy opportunities and hope to earn more on my Nvidia trades.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment