Hi guys, this is an update from your friendly neighbourhood 股神. Have been really busy lately with my personal life and managing multiple investment portfolios in 5 differing asset classes. Today, I want to talk about 3 issues which will affect our portfolios moving forward.
1. The covid situation has been stabilising around the world - the number of infections and deaths are going down. Countries are reopening their borders and economies are recov...
1. The covid situation has been stabilising around the world - the number of infections and deaths are going down. Countries are reopening their borders and economies are recov...
22
9
Ladies and gentlemen, it is your friendly neighbourhood 股神 again.
It has been quite awhile since I last posted. Much has happened lately with the fed's tapering, upcoming interest rate hike, omicron variant, etc.
At this current juncture of market volatility and massive sell-offs, growth stocks have entered deep value territory, while large capitalization stocks have entered a bubble. In the upcoming weeks, I foresee a rotation of funds from large capitalization stocks to growth stocks amidst the upcoming progressive interest rate hike of 0.25% to 0.75% by 2022 year end. The interest rate hike should remain as projected and not be increased, to cushion the impact of the omicron variant on the economy.
Many feared the uncertainty which the omicron variant brings to the stock market, but I view it as an opportunity of a lifetime. With the current data from South Africa, Europe and the world, it is preliminarily conclusive that the omicron variant is indeed much more transmissive. In fact, it is found that the omicron variant is at least 5 times more transmissive than the delta variant. However, it appears that the omicron variant is much milder in terms of severity. With a tremendous number of people in the millions contracting the omicron variant, only a very very small percentage of people are hospitalised and slightly more than a dozen dead. I believe that this variant will be unstoppable, but humans will evolve and thrive. It will indeed be the survival of the fittest. The recovery will be very swift as herd immunity will be achieved in a very short period of time. Finally, either the omicron variant or the next will bring the virus to common cold level of severity and be truly endemic in the world.
So, what stocks do we hold in such market conditions? Well, we should hold those which are covid-proof - those which can grow and thrive in an uncertain world economy and order. To reveal, I am currently holding stocks of $ChargePoint(CHPT.US$ $Opendoor Technologies(OPEN.US$ $Palantir(PLTR.US$ $Skillz(SKLZ.US$ and $SoFi Technologies(SOFI.US$. One does not need a massive diversification, for diversification is a protection against ignorance. Holding 5 to 15 stocks is more than diversified for the informed investor. Lastly, to balance between asset class, I am holding stocks of $Hut 8(HUT.US$, which have lower correlation to the general stock market.
On a side note, Chinese stocks are no longer worth holding from now to the near future with the recent turn of events - forced delisting of Chinese stocks, blacklisting of Chinese companies, heightened escalation of US-China tensions, evergrande default, etc. I have sold out my positions and took some losses in $Futu Holdings Ltd(FUTU.US$ and $UP Fintech(TIGR.US$. This rebalance of portfolio is vital, considering opportunity costs.
To conclude, I wish you all all the best in your investment journey. Merry Christmas and a Happy New Year. To a brighter future. Cheers!!
It has been quite awhile since I last posted. Much has happened lately with the fed's tapering, upcoming interest rate hike, omicron variant, etc.
At this current juncture of market volatility and massive sell-offs, growth stocks have entered deep value territory, while large capitalization stocks have entered a bubble. In the upcoming weeks, I foresee a rotation of funds from large capitalization stocks to growth stocks amidst the upcoming progressive interest rate hike of 0.25% to 0.75% by 2022 year end. The interest rate hike should remain as projected and not be increased, to cushion the impact of the omicron variant on the economy.
Many feared the uncertainty which the omicron variant brings to the stock market, but I view it as an opportunity of a lifetime. With the current data from South Africa, Europe and the world, it is preliminarily conclusive that the omicron variant is indeed much more transmissive. In fact, it is found that the omicron variant is at least 5 times more transmissive than the delta variant. However, it appears that the omicron variant is much milder in terms of severity. With a tremendous number of people in the millions contracting the omicron variant, only a very very small percentage of people are hospitalised and slightly more than a dozen dead. I believe that this variant will be unstoppable, but humans will evolve and thrive. It will indeed be the survival of the fittest. The recovery will be very swift as herd immunity will be achieved in a very short period of time. Finally, either the omicron variant or the next will bring the virus to common cold level of severity and be truly endemic in the world.
So, what stocks do we hold in such market conditions? Well, we should hold those which are covid-proof - those which can grow and thrive in an uncertain world economy and order. To reveal, I am currently holding stocks of $ChargePoint(CHPT.US$ $Opendoor Technologies(OPEN.US$ $Palantir(PLTR.US$ $Skillz(SKLZ.US$ and $SoFi Technologies(SOFI.US$. One does not need a massive diversification, for diversification is a protection against ignorance. Holding 5 to 15 stocks is more than diversified for the informed investor. Lastly, to balance between asset class, I am holding stocks of $Hut 8(HUT.US$, which have lower correlation to the general stock market.
On a side note, Chinese stocks are no longer worth holding from now to the near future with the recent turn of events - forced delisting of Chinese stocks, blacklisting of Chinese companies, heightened escalation of US-China tensions, evergrande default, etc. I have sold out my positions and took some losses in $Futu Holdings Ltd(FUTU.US$ and $UP Fintech(TIGR.US$. This rebalance of portfolio is vital, considering opportunity costs.
To conclude, I wish you all all the best in your investment journey. Merry Christmas and a Happy New Year. To a brighter future. Cheers!!
56
17
$Futu Holdings Ltd(FUTU.US$ $UP Fintech(TIGR.US$
Ladies and gentlemen, it is your friendly neighbourhood 股神 again.
After much debate and discussion on both fundamental and technical analysis, as well as brokerage and security laws with my fellow investment friends, we have collectively came to the same conclusion - these 2 stocks have indeed reached rock bottom and can only rise from here.
Some conclusions:
1. China is easing up on its regulatory grip. Refer to recent news and Biden-Xi virtual meeting discussion.
2. The fear of regulation has already been priced into both stocks.
3. 2 Possible regulatory outcomes:
A) Both companies be slapped with a fine, comply with regulations and funding limits for mainland customers onto the platforms will be imposed. (Most likely)
B) The worse that can happen is a complete ban - no new mainland customers can be acquired, but existing customers with funds already overseas is out of grip. Also, savvy investors will still be able to transfer their money overseas via various means.
To conclude, we expect both stocks to rise soon, with TIGR going up much more. We welcome you to join us on board of this train.
有危机，才有商机。
Have fun investing. Cheers!!
Ladies and gentlemen, it is your friendly neighbourhood 股神 again.
After much debate and discussion on both fundamental and technical analysis, as well as brokerage and security laws with my fellow investment friends, we have collectively came to the same conclusion - these 2 stocks have indeed reached rock bottom and can only rise from here.
Some conclusions:
1. China is easing up on its regulatory grip. Refer to recent news and Biden-Xi virtual meeting discussion.
2. The fear of regulation has already been priced into both stocks.
3. 2 Possible regulatory outcomes:
A) Both companies be slapped with a fine, comply with regulations and funding limits for mainland customers onto the platforms will be imposed. (Most likely)
B) The worse that can happen is a complete ban - no new mainland customers can be acquired, but existing customers with funds already overseas is out of grip. Also, savvy investors will still be able to transfer their money overseas via various means.
To conclude, we expect both stocks to rise soon, with TIGR going up much more. We welcome you to join us on board of this train.
有危机，才有商机。
Have fun investing. Cheers!!
120
38
$Futu Holdings Ltd(FUTU.US$ $UP Fintech(TIGR.US$
Ladies and gentlemen, FUTU and TIGR has bottomed. It cannot go down anymore. The paper hands have been weeded out in the past few weeks. Those who are left, are long term holders. No news can hammer down these stocks anymore.
It is time to enter the market. Yes, this is a big buy signal from yours truly.
Ladies and gentlemen, FUTU and TIGR has bottomed. It cannot go down anymore. The paper hands have been weeded out in the past few weeks. Those who are left, are long term holders. No news can hammer down these stocks anymore.
It is time to enter the market. Yes, this is a big buy signal from yours truly.
75
11
$Futu Holdings Ltd(FUTU.US$ $UP Fintech(TIGR.US$
*Guidelines for getting out of unfavourable positions*
It has been a really tough few weeks and many have been stuck in the stocks - they have bought in at reasonable prices, but unfortunately, the stocks get hammered. Many are unwilling to let go of the stocks and take the uncomfortable loss. Here's my 2 cents and guidelines for getting out of unfavourable positions.
When the stocks fall, average down, then get out when prices rise to minimise losses and even profit. I will provide an example to illustrate:
You buy 1 unit of a stock for $100. The stock price then falls to $50.
1. Now you buy another unit for $50. The average price, which is also your breakeven price, is now $75 [(100+50)/2]. When the stock price rises to $75, you can get out at no loss (ignoring transaction fees). Thus, instead of waiting for the stock price to rise to $100 to breakeven and get out, the breakeven price is now lowered by $25, which is pretty significant.
2. Now let's say in the above scenario, instead of buying 1 unit at $50, you buy 2 units at $50. Your breakeven price is even lower, to merely $66 [(100+50+50)/2]. You can get out as soon as the stock price rises to $66.
I hope this helps for those who are stuck with their stocks purchased at sky high prices and hoping for a miracle for the stocks to return to their sky high prices to get out.
Cheers.
Disclaimer: I currently have no positions in both of the stocks mentioned. Just trying to help out some lost souls.
*Guidelines for getting out of unfavourable positions*
It has been a really tough few weeks and many have been stuck in the stocks - they have bought in at reasonable prices, but unfortunately, the stocks get hammered. Many are unwilling to let go of the stocks and take the uncomfortable loss. Here's my 2 cents and guidelines for getting out of unfavourable positions.
When the stocks fall, average down, then get out when prices rise to minimise losses and even profit. I will provide an example to illustrate:
You buy 1 unit of a stock for $100. The stock price then falls to $50.
1. Now you buy another unit for $50. The average price, which is also your breakeven price, is now $75 [(100+50)/2]. When the stock price rises to $75, you can get out at no loss (ignoring transaction fees). Thus, instead of waiting for the stock price to rise to $100 to breakeven and get out, the breakeven price is now lowered by $25, which is pretty significant.
2. Now let's say in the above scenario, instead of buying 1 unit at $50, you buy 2 units at $50. Your breakeven price is even lower, to merely $66 [(100+50+50)/2]. You can get out as soon as the stock price rises to $66.
I hope this helps for those who are stuck with their stocks purchased at sky high prices and hoping for a miracle for the stocks to return to their sky high prices to get out.
Cheers.
Disclaimer: I currently have no positions in both of the stocks mentioned. Just trying to help out some lost souls.
26
14
$Futu Holdings Ltd(FUTU.US$ $UP Fintech(TIGR.US$
Let's all take a step back from this madness and look at the bigger picture.
1. FUTU and TIGR are both heavily regulated by various authorities. Our money are safe as they are insured by MAS. Both of them are backed by the largest institutions and banks in China.
2. FUTU and TIGR have more international users than China users.
3. Even if FUTU and TIGR is banned in China (which I highly doubt so), they can continue operating internationally. China has been saying a lot on banning cryptocurrencies, and news of this surface every few months, for years, yet not much action has been taken.
4. China is just flexing to exert dominance on companies, basically telling them that the country is the boss, mainly to keep companies under control. This is actually triggered by the Jack Ma saga.
5. FUTU has good financials. They expand really quickly and has been overperforming quarter over quarter. Earning report is coming in on 18th November, which is expected to be overwhelming.
Trust me, knowledge is power. Ignorance is what is costing you money.
Let's all take a step back from this madness and look at the bigger picture.
1. FUTU and TIGR are both heavily regulated by various authorities. Our money are safe as they are insured by MAS. Both of them are backed by the largest institutions and banks in China.
2. FUTU and TIGR have more international users than China users.
3. Even if FUTU and TIGR is banned in China (which I highly doubt so), they can continue operating internationally. China has been saying a lot on banning cryptocurrencies, and news of this surface every few months, for years, yet not much action has been taken.
4. China is just flexing to exert dominance on companies, basically telling them that the country is the boss, mainly to keep companies under control. This is actually triggered by the Jack Ma saga.
5. FUTU has good financials. They expand really quickly and has been overperforming quarter over quarter. Earning report is coming in on 18th November, which is expected to be overwhelming.
Trust me, knowledge is power. Ignorance is what is costing you money.
21
9
$Futu Holdings Ltd(FUTU.US$ $UP Fintech(TIGR.US$
FUTU is backed by the largest banks in China. Don't tell me that all of them are unaware of the upcoming regulations. FUTU has a compliance team whose sole job is to ensure compliance to cross border laws and regulations.
This fearmongering is beyond ridicule. China loves to issue warnings to companies to remind them that the country is above all. This is just powerplay. If you are so afraid, why are you still using FUTU?? If you are so afraid, why not quit investing altogether?? US has been saying for years that they would delist China stocks, but have they?? The economy would be in chaos if they do so. US still needs money from the Chinese.
Wake up man.
FUTU is backed by the largest banks in China. Don't tell me that all of them are unaware of the upcoming regulations. FUTU has a compliance team whose sole job is to ensure compliance to cross border laws and regulations.
This fearmongering is beyond ridicule. China loves to issue warnings to companies to remind them that the country is above all. This is just powerplay. If you are so afraid, why are you still using FUTU?? If you are so afraid, why not quit investing altogether?? US has been saying for years that they would delist China stocks, but have they?? The economy would be in chaos if they do so. US still needs money from the Chinese.
Wake up man.
28
4
$Futu Holdings Ltd(FUTU.US$
Open your eyes, look at the data. 18.2% of the trades on FUTU yesterday were shorts. This is higher than usual. What does this mean for us, holders of the stock??
If you see prices fall and you sell, you fall into their trap. The stock dives. People who shorted makes money by selling high and buying back low.
If you hold, those who short the stocks will be unable to buy back at a lower price. They will be squeezed and have to buy back at a much higher price, losing money in the process. The stock rises.
Looking through the comment sections, it is very easy to identify who shorted and who longed. Those who shorted try to create fear. Now, what do we do when people are afraid?? We be greedy, capitalise on the fear, we earn.
Open your eyes, look at the data. 18.2% of the trades on FUTU yesterday were shorts. This is higher than usual. What does this mean for us, holders of the stock??
If you see prices fall and you sell, you fall into their trap. The stock dives. People who shorted makes money by selling high and buying back low.
If you hold, those who short the stocks will be unable to buy back at a lower price. They will be squeezed and have to buy back at a much higher price, losing money in the process. The stock rises.
Looking through the comment sections, it is very easy to identify who shorted and who longed. Those who shorted try to create fear. Now, what do we do when people are afraid?? We be greedy, capitalise on the fear, we earn.
17
10
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百年难得一见的股神OP WinningTrader: I have began tapering out, and re-entering via options to keep some profits by lowering my costs. At the same time, I can still gain if there's a sudden spike up in the stocks as I am holding onto a portion of the original shares.
百年难得一见的股神OP : Anything below $25 is a no-brainer for CHPT in my opinion. This is a very long term hold. They are doing everything right. I have friends working there as well.
百年难得一见的股神OP WinningTrader: Very very good question. There is opportunity cost in everything. You can never completely predict the future and optimise totally. I don't foresee an exponential rally but I predict a recovery. I know my money is good in chpt and will grow overtime. I am looking at doubling next year in chpt.