Jas L
voted
September - the notoriously volatile month see the market sell-off since the 1st trading day of the month. The CPI data released yesterday shows that inflation eases to 3-year low. Notwithstanding, the core inflation is still stubbornly above the FED's inflation goal of 2%. Hence, market is now expecting a rate cut of 25 bps instead of a larger rate cut in September.
I started to build my dividend portfolio in August 2024 with the view that a rate cut, albeit small or big, wi...
I started to build my dividend portfolio in August 2024 with the view that a rate cut, albeit small or big, wi...
+1
43
11
7
Jas L
voted
Hello Mooers!
In today's discussion, I would like to share one particular financial asset that almost one in two Mooers will invest in and/or trade before the rate cuts come and, at the same time, would like to hear from your comments and opinions.
In my previous survey on which financial assets Mooers will invest and/or trade before the rate cuts come, nearly 50% voted for REITs, wh...
In today's discussion, I would like to share one particular financial asset that almost one in two Mooers will invest in and/or trade before the rate cuts come and, at the same time, would like to hear from your comments and opinions.
In my previous survey on which financial assets Mooers will invest and/or trade before the rate cuts come, nearly 50% voted for REITs, wh...
25
84
2
Jas L
liked
3
1
Jas L
commented on
Following the release of the "Measures for the Administration of Online Games (Draft for Comments)" by China's NPPA, authorities are taking remedial steps, including approving new domestic game licenses for December and engaging with game companies.
Daiwa's research report suggests that authorities acknowledge the impact of controversial draft clauses and are working to address concerns. TENCENT and NTES-S expre...
Daiwa's research report suggests that authorities acknowledge the impact of controversial draft clauses and are working to address concerns. TENCENT and NTES-S expre...
2
4
Jas L
liked
$S&P 500 Index (.SPX.US)$
$SPDR S&P 500 ETF (SPY.US)$
The large non-farm payrolls on Friday were actually positive, but Silicon Valley Bank, this idiot teammate, dragged down the market. The 3900-point level has been lost. Currently, it has dropped directly to the next key support level at 3800, which I believe can be held. Silicon Valley Bank is its own problem, but the overall U.S. banking industry is still healthy. I bought in two batches on Friday and today. $Bank of America (BAC.US)$ Although currently at a floating loss, I still hold on. I don't expect a stock market crash in the short term or a repeat of Lehman Brothers.
Tomorrow CPI will be released, and personally, I don't think there will be any major surprises. I believe that the prices in February will be similar to those in January, and I haven't seen any signals of continued price hikes. Although the service industry still struggles to find employees, I don't think wages will continue to rise. As for McDonald's in my area, $McDonald's (MCD.US)$ ever since the hourly wage was increased to 15 a few months ago, it hasn't increased further. The only change is that the recruitment advertisements have become bigger and more numerous, but the salary remains at 15. Of course, as the saying goes, data is data, and interpretation is interpretation.
I have bought spy again, with a cost of 381 and a stop loss set at 376.
As for tlt, I have sold everything except for my retirement fund to take profits. $iShares 20+ Year Treasury Bond ETF (TLT.US)$
Short-term speculation is just for hedging...
$SPDR S&P 500 ETF (SPY.US)$
The large non-farm payrolls on Friday were actually positive, but Silicon Valley Bank, this idiot teammate, dragged down the market. The 3900-point level has been lost. Currently, it has dropped directly to the next key support level at 3800, which I believe can be held. Silicon Valley Bank is its own problem, but the overall U.S. banking industry is still healthy. I bought in two batches on Friday and today. $Bank of America (BAC.US)$ Although currently at a floating loss, I still hold on. I don't expect a stock market crash in the short term or a repeat of Lehman Brothers.
Tomorrow CPI will be released, and personally, I don't think there will be any major surprises. I believe that the prices in February will be similar to those in January, and I haven't seen any signals of continued price hikes. Although the service industry still struggles to find employees, I don't think wages will continue to rise. As for McDonald's in my area, $McDonald's (MCD.US)$ ever since the hourly wage was increased to 15 a few months ago, it hasn't increased further. The only change is that the recruitment advertisements have become bigger and more numerous, but the salary remains at 15. Of course, as the saying goes, data is data, and interpretation is interpretation.
I have bought spy again, with a cost of 381 and a stop loss set at 376.
As for tlt, I have sold everything except for my retirement fund to take profits. $iShares 20+ Year Treasury Bond ETF (TLT.US)$
Short-term speculation is just for hedging...
Translated
4
1
Jas L
liked
$DBS Group Holdings (D05.SG)$ fishing time
2
Jas L
voted
Singapore Telecommunications Ltd. $Singtel (Z74.SG)$is moving forward with a planned sale of its cyber security business Trustwave Holdings Inc. that could raise about $200 million to $300 million.
Singtel is streamlining its portfolio as it seeks to raise cash and focus on 5G operations as well as developing new growth engines including IT services and data centers.
The company announced in May 2021 that it was taking a $250 mil...
Singtel is streamlining its portfolio as it seeks to raise cash and focus on 5G operations as well as developing new growth engines including IT services and data centers.
The company announced in May 2021 that it was taking a $250 mil...
4
1
Jas L
liked
$DBS Group Holdings (D05.SG)$ why drop!! Good results will rebound by end of today
3
3