Market Observer

Observe the market, react to opportunities and risks. Money matters with your head and heart.

Software I developed for observing financial markets and why I developed them (part 2) - Stock market internals
Projects

Software I developed for observing financial markets and why I developed them (part 2) - Stock market internals

This is a continuation of the previous post [https://market-observer.addvaluedonoevil.com/software-i-developed-for-monitoring-financial-markets-stock-markets/] where I talked about the software I developed for observing stock indices. Stock indices alone are not representative of a country's stock market as only the big companies with large market capitalization are represented. The vast majority

The inverted yield curve has not been useful for predicting bear markets in a timely fashion in the past 40 years. Here's the data.
Educational

The inverted yield curve has not been useful for predicting bear markets in a timely fashion in the past 40 years. Here's the data.

This week (01Apr2022), the yield curve has inverted [https://finance.yahoo.com/news/yield-curve-inverts-april-2022-200829124.html] in U.S Treasury bond markets. This is big news in financial media. Why is this a significant event? According to experts, the inverted yield curve is one of the best predictors of impending economic

Lost 78% within 1 week of purchase of Russian equity fund. Lessons learnt.
Opinion

Lost 78% within 1 week of purchase of Russian equity fund. Lessons learnt.

I bought a Russian equity fund [https://market-observer.addvaluedonoevil.com/russian-ukraine-war-crashed-global-stock-markets-i-bought-russian-stocks-this-week-i-bought-russian-stocks-27feb2021/] more than a week ago when the Russian MOEX stock index crashed over 40% in a single day after Russia invaded Ukraine. What happened last week can best be described by this picture. Money on fireThe fund lost 78%

If Bitcoin existed during Holocaust, it would have been the best asset for Jews to protect wealth. Charlie Munger's contempt is misplaced.
Financial protection

If Bitcoin existed during Holocaust, it would have been the best asset for Jews to protect wealth. Charlie Munger's contempt is misplaced.

Charlie Munger is somebody I respect deeply. He is also an elderly man. So, any disagreement with him should be expressed respectfully, especially from younger people like me. The esteemed Mr Munger has called bitcoin "rat poison" and regard cryptocurrencies as venereal disease beneath his contempt [https://www.thestreet.com/

Straits Times Index has cemented its leading position among stock indices. 12Feb2022
market action

Straits Times Index has cemented its leading position among stock indices. 12Feb2022

2 weeks ago when I observed that STI has become the number one performer [https://market-observer.addvaluedonoevil.com/even-more-terrible-week-for-stock-markets-28jan2022/] gaining 3.93% year-to-date, Straits Times Index(STI) ended this week gaining 9.94% year-to-date. STI has further strengthened its leading position among stock indices year-to-date for the past 2 weeks.

SingLife account review: I transferred some money to SingLife account so that online thieves cannot steal my money. SingLife is my favourite low-risk savings/insurance account today.
Product review

SingLife account review: I transferred some money to SingLife account so that online thieves cannot steal my money. SingLife is my favourite low-risk savings/insurance account today.

With the recent OCBC phishing scam [https://market-observer.addvaluedonoevil.com/precautions-i-have-taken-to-prevent-hackers-from-stealing-my-money-in-my-bank-account/] that caused millions of dollars to be stolen from at least 469 OCBC bank accounts in Singapore, one of the first things I did was to transfer some money from my bank accounts to my SingLife account to protect

Straits Times Index is now a top winner among major stock indices despite global market downturn
Opinion

Straits Times Index is now a top winner among major stock indices despite global market downturn

About five months ago, I expressed confidence in Singapore's stock market [https://market-observer.addvaluedonoevil.com/why-i-feel-confident-about-singapore-stock-market-going-forward/] in the coming years. Straits Times Index did not let me down. As a Singaporean, I am proud that the Straits Times Index(STI) is a world stock index leader (as of 28Jan2022 year-to-date)

Precautions taken to prevent hackers from stealing money from my bank account
Financial protection

Precautions taken to prevent hackers from stealing money from my bank account

This news about OCBC bank customers (at least 469) losing their savings [https://www.todayonline.com/singapore/ocbc-phishing-scam-left-victim-broke-and-starving-christmas-day-1786751] from phishing scams sent shivers to many Singaporeans. What caught my attention is that this scam even fooled finance professionals. One of the victims worked in the finance industry, is well-read in