After a tight consolidation the past 2 weeks, the stock and crypto markets finally broke down, and resumed the downtrend. Hence, we have large short positions on stocks, and I only have a small position in crypto, after selling off most of my holdings. The current strategy now is to stay in cash or stay […]
Last week, our focus shifted from crypto and stocks to the forex market, where several strong trending moves were taking place. Stocks and crypto have been moving largely in tandem, and are currently having a rebound against the larger downtrend. How long will this rebound last, and when will the downtrend continue? Stay tuned on […]
Last weekend, we conducted another online workshop on the basics of trading and investing, and since it is a SkillsFuture Credit-Eligible Course, participants could use their SkillsFuture credits to pay for the course instead of cash. Thanks for the support! ? During the 9 hours of training, participants learnt portfolio strategies to build and protect […]
Last week, we saw a continuation of the existing trends, but since these trends have been running for quite a while, it is likely we will have a short-term rebound, even if the longer-term trends remain intact. We saw weakness in the USD, and strength in commodities like good, oil, agriculture, etc. This is in […]
Last week, the stock market continued to fall, so we continued to hold onto our short positions. I am not sure how much more it will fall, so I will just use a trailing stoploss to lock in profits as it continues to fall. We also decided to add some long-term bond positions, since bond […]
