Ranks in the top 90% of account holders by rate of return
Calculated based on your Longbridge (Singapore) A/C

Rate Of Return

dingdongbell

The market is still so expensive and I don’t think it is a good idea to buy at this point. I rather be safe so I am staying defensive.

Week 4 - Staying defensiveTo recap, the market has rallied too far ahead of itself in my opinion such that the valuations are overstretched to say the least. It needs a breather and I think cash or at least defensive names like gold are the safest place to be in at this point of time.@Bridge Buzz SG

Looks like Singapore is very much an important cog of the AI supply chain and the exports data shows that clearly. As well Singapore is considered friendly to the US so that should support our GDP.

This market is either really bullish or are trapping the bulls. With prices so elevated and the charts looking so parabolic, I am being extra cautious. Still being defensive.

The market looks so strong but when you look deeper, it’s all on the surface. Only a few names are carrying the market and it’s quite easy to actually prop them up. I am staying defensive.

$Apple(AAPL.US)Apple has been trending up for several years, ever since the turn of the century in fact. Now that is pretty impressive.And she has made another all time high this week. How much higher can she go? I think Apple will pull back pretty much soon and she might go back to the 200 levels. @Bridge Buzz SG

$AMD(AMD.US)AMD has been going strong the past month or so. She is a strong company and will benefit from the inference phase of AI. However, a great company does not mean buy at whatever price. As much as everyone wants a good discount, that applies to companies also. So I think the price has gotten ahead of itself thanks to FOMO and people who cannot wait who keeps bidding price up. Remember that the stock market is a transfer of wealth from the impatient to the patient ones.I prefer better prices so I shall wait. Patience is a virtue.@Bridge Buzz SG

I wish US and Iran will just stop behaving like spoilt children and act like the adults which they are. And US being supposedly stronger should just agree to disagree. Not everybody wants to have them as an example. Peace will only prevail when everyone agrees to each other differences and behave accordingly as to how they themselves wish to be treated.