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When I talk to financial advisors and fund managers, a common advice they give is "Do not time the market" or "Market timing does not work". They have a financial incentive to persuade their clients that market timing is bad. Buy-side financial advisors/asset managers earn their fees based on

This has not been a good year for my stock portfolio. This year had been characterized by bear market rallies which whipsawed my stock portfolio (more on that later). It is a year to be remembered for risk management and survival through decisive exits. About 4 months ago in June

2 months ago, China and Hong Kong stocks looked like they were making a recovery and I decided to resume purchase of China/HK stocks in June. It was not a profitable experience for the next 3 weeks. The HK/China stock market did not seem to act right. Maybe

I like to chat with retirees, particularly those who used to work in a job where they need to be a bit of a snake oil salesman. It is after they retire that they can be completely honest about their past. A few years ago, a retired stockbroker revealed to

2 weeks ago when the U.S stock market started a mini-rally (27 May 2022), I suspected it was a bear-market rally driven by profitable short-sellers covering their shorts. After 7 down weeks, short-sellers would be looking for an excuse to take profit. S&P500 suffered a mini-crash this week

I have been pleasantly surprised by the resilience of the Straits Times Index(STI) and the Singapore stock market for most of the past 2 weeks. There were days when the U.S market plunged but STI declined much lesser than expected (usually less than 0.4%). That was unusual

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

After taking painful batterings for the past few weeks since the outbreak in the Russia-Ukraine war, this week was a strong week for stock markets all over the world. What I like about the momentum is how the market rallied despite bad news with the U.S raising interest rates,

The highlight of this week has to be the Russian-Ukraine war which crashed global markets. 2022 year-to-date stock indices and forex market performanceThe stock market and forex market are telling us that the biggest loser in the Russian-Ukraine war is the war aggressor who started the war - Russia. Year-to-date,

Singapore Straits Times Index(STI) remains resilient in a week rocked up and down by Russian-Ukraine war jitters. It is the market leader among Asian stock markets today. The USD-adjusted year-to-date gain for STI is 10.06% as of 19Feb2022. Stock indices performance 19Feb2022Right at the top are the stock

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.

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)

As if last week was not bad enough for stock markets, this week was even worse. Notable observations from the table above; * Straits Times Index(STI) is now the number one performer among the major stock indices in 2022 year-to-date (28Jan2022) * Shenzhen Composite Index has tumbled to almost the bottom.

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

This is a terrible week for stock markets all over the world. It seems like they are "celebrating" Chinese New Year one week in advance. Red red red everywhere. Hong Kong was the only major market which remained green this week. Hang Seng Index rose 2.39% this week. This

Highlight this week was Hong Kong's stock market performance. Global stock indices sorted in descending order with respect to the 50-day moving average (*percentage over exponential moving averages)Hang Seng Index(HSI) rose 3.79% this week. HSI has shown enough recovery that there is enough bullishness for traders to

Among Asian stock markets in 2021, India stock market was the best performer. The worst performer was Hong Kong. HK's 3 major indices were down at the bottom. What goes down a lot will be added fuel for the next rally. Hang Seng Index has been trading below book value

This is a delayed weekly update. Something cropped up in the last minute. Last week was a bad week for global markets. It was a bad week for Asian, European and American stock markets. Global stock indices 10Dec2021-17Dec2021 sorted in descending order with respect to the 50-day moving average (*percentage

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I bought Solana [https://market-observer.addvaluedonoevil.com/u-s-bull-market-cant-stop-hk-china-bear-market-cant-stop-5nov2021/#purchases] last week. The technological merits of Solana compared to Ethereum jumped out on me. As an engineer, technological superiority appeals to me. To appreciate Solana, one has to understand Ethereum first, particularly its limitations. Without getting too technical, investors can view

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Evergrande is the centre of attention in stock markets for the past week. It crashed more than 10% today and so far, has collapsed by more than 95% since Jul 2020 14 months ago. There has been much talk about Evergrande debt default being the Lehman Brothers moment for China.