Dacai

$IFAST(AIY.SG)It is approaching the previous support of $8.50. This may be a good opportunity to DCA. What’s holding me back is I have a fairly large position in this already and there are other stocks that I am interested in. 8 May is ex-dividend date so the price may fall further that day. Decisions, decisions.

$Suntec Reit(T82U.SG)I’m happy to see that post ex-dividend date 30 April, it is going towards the recent high of $1.53. Hope it can make a new high. I am looking forward to getting my dividend on 29 May.

I hope the new CEO can build on what the former leaders have achieved and lead Apple to bigger heights. A big thank you to Tim Cook for helming Apple well all these years.

While higher interest rates are usually good for banks, stagflation is a different story. Stagflation is inflation occurring at the same time as rising unemployment and a slowdown in the economy.

I’m  not confident the acquisition of Paragon is good for CICT as that mall doesn’t get a lot of shoppers.

US and China relations are such that they can alter any time especially with a President as capricious as Trump. Both parties lack trust in each other so while this reaching of preliminary consensus may bring relief to some stocks, there is no telling how long it can last.

According to CNA, MAS tightened the monetary policy. https://www.channelnewsasia.com/singapore/mas-monetary-policy-exchange-rate-inflation-forecast-6053166 This will help to ameliorate the pace of inflation caused by oil supply distuption.

I expect MAS will tighten its monetary policy tomorrow. This should benefit stocks like the three big banks and consumer staples.

Gold is behaving more like a speculative asset than a safe haven asset. I got burned earlier. Please trade with care.

The planned strike at Samsung will likely cause memory chip prices to go up due to constraints in the supply of memory chips.