Saturday, December 13, 2014

Equity Balance Update to 13-Dec-2014

This week I've been doing changes to my portfolio. There have been quite some trades this week.
The oil price has been the big move this week, $57.5! This is something big and might affect the next year 2015 world wide financial situations.

The total profit has decrease to 5.2K this week. Some stocks went weaker, and on Fri the US indexes decided to plunge. Need to watch the moves closely.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, December 6, 2014

Equity Balance Update to 06-Dec-2014

This week the USD has been strong. Non farm pay roll beat expectation and sent USD higher towards end of week. Stocks have been in general weak. Gold price showed some weakness but still managed to hold around 1200 level.

Total profit increase to 5.5K this week. Mainly benefit from stronger USD. I've been buying more stocks, and would look at offloading if the new year rally has come about.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Monday, December 1, 2014

The meaning of Swiss' NO vote on the central bank Gold reserve referendum

The gold reserve referendum vote was denied with a majority of 77% unfavorable. There have been much speculation on the impact to Gold price, and it dropped about $10 after the result is out on Monday.

What's the meaning of this NO vote to Gold price? Not much.
It's more of the Swiss population's general preference on monetary policy, instead of the actual view of Gold value.

This event has potential upside for Gold price if it's passed. But itself isn't telling anything about Gold price. And as expected, the vote always has little chance.

The Swiss population do not favor this. It's straight forward thing, 15 years ago the Gold reserve policy was abolished, what has changed and why should it be reverted back to old way? What are the possible impact to economy if this goes through, and the buying act could even cause some catastrophic effect on the economy. There is no reason to fix something for nothing.

So what will happen to Gold price next? It will follow basic principles of Demand and Supply.
The demand is from Jwellery, Industrial, Invest Instrument and Central bank reserve. While supply depends on Mining capacity, Cost, and Gold price itself. Its destiny is not fixed, but the value is still obvious to all.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, November 29, 2014

The crash of crude oil price - Equity Balance Update to 29-Nov-2014

This week the breaking news is that oil price crashed all the way to the level of $66.
Stocks prices hold well, gold price continued to slip. This week the SSE market went super bullish. It benefited my portfolio as well. Based on current status, the bull run have good chance to continue.

The total profit has increase to 4.1K this week. This week marks the end of Nov 2014, and the updated balance chart is as follows:
Another event coming up is that on Sun there will be a vote on the Swiss Gold reserve. As the gold price went soft towards market close on Fri, I guess the chance for the vote to be favorable is quite slim. We will see. I think this event have some upside for Gold price but not much downside if not happening. But with strengthening USD, Gold price will still be soft in the near term.

The local market oil related counters are badly hurt this week. The oil crash could be good opportunity. This event is man made, and have specific targets. The situation could persist for some time, but I don't think oil price can be cheap for long. The natural law of scarcity won't support this. Look out for the strong businesses.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, November 22, 2014

Equity Balance Update to 22-Nov-2014

This week the USD continued to be strong. Gold price saw some recovery but still depressed.
My stocks have not being doing so well. The DOW index kept refreshing new highs.

The total profit is flat at 3.25K this week. I kind of think the strong USD may not be able to hold very long.

The first week of HK-SSE bridge is not well received. while on Fri the central bank of China announced rates cut. It's giving more benefit for getting corp and house loans. The policy is clear, and I need be bullish on the SSE market now.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, November 15, 2014

Equity Balance Update to 15-Nov-2014

This week, the USD went strong, GLD price held up, and local market oil related counters keep hitting new lows. Meanwhile, SSE market performed well as next Monday will be the start of HK-SSE linkup.

The total profit has improved to 3.2K this week. Mainly from USD but draw back by SembCorp.
Is the oil price getting into an over capacity crisis? it's something which needs to watch out closely.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, November 8, 2014

Equity Balance Update to 08-Nov-2014

This week my portfolio has performed poorly. It could be the wrong time to enter wrong counters.

Total profit has decreased to 1.6K this week.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, November 1, 2014

DOW JONES Went Higher - Equity Balance Update to 01-Nov-2014

This week marks the last week of Oct. FED announced end of QE and low int rate policy as expected. But market reacted violently by pushing DOW up, USD up and trashed Gold. Oil price flattened at ard $80.

I've been buying stocks this week, as well GLD.

The total profit increase to 3.2K, largely due to currency gain. The updated balance chart as follows:
There isn't much to comment now. But note that Dow is rising fast, and retail investors need to take some caution on it.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, October 25, 2014

US Market Rebound Strongly - Equity Balance Update to 25-Oct-2014

This week the US market rebounded. It has been short week for local market due to the Wed public holiday.

I made some trades this week, realize some bad loss, and take out some profit. Stocks investment is at low level now.

The total profit increased to 3.55K this week. Though US market rebounded strongly, still cannot be sure the bears are out yet.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.

Saturday, October 18, 2014

Equity Balance Update to 18-Oct-2014

This week the Bears attack again heavily.
I've realized some loss from a bad investment, and bought some more other shares.

Total profit have decrease to 2.35K this week.


Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.