Cory Diary : Ever Lowering Yield ...

As I mentioned early on the logic of ever lower yield, this is spot on and have benefited from it. Check the links on earlier articles. Entering big on Reit/Tr since last year. Is a strong ride for my portfolio within 6 months.

https://corylogics.blogspot.com/2019/06/cory-diary-bitching-my-favorite-again.html
https://corylogics.blogspot.com/2019/05/cory-diary-yield-anchoring.html

So with another shot on Reits to another record level this week ... when is this going to end ? 
That's an interesting question. The answer maybe is to do a spectrum of different instruments (see below charts). Bear with me the rough accuracy as I do this on a quick pace while my baby is still sleeping.







As I can see, the gaps are not very big between them right now. Have we reach a platter ? 
We need growths. Sure there are still some hidden gems out there on Reits. As a rough guide for me, if there is exchange in positions among them we may have Euphoria ? We can price them relatively to aga aga risk consideration.



Cory

2019-0627

Cory Diary : HRnetGroup 2019-0622

HRnetGroup

Today price is $0.675. Is a gap down together with quite a number of counters last Friday. Probably the market get winds of Trump eventual strikes on Iran. Fortunately, it didn't. Personally, I feel it could ignite a war as Iran is not like Libya or Syria who are just the receiving ends.

I have been monitoring this counter for some time after I sold my positions. Reason as following Link. However, a number of local investors swore to it. 

Initiated (update: informed) a small position in 2017-1214. Sold informed 2019-0226. Transactions as below table.

Did a collection for the 3 years record. Applied XIRR. Results as above.

Kopi money. So far I make the right decision for myself and also reducing a counter to manage for my limited bandwidth.


Cory

2019-0622

Cory Diary : STI Rebounded 2019 June

STI has been quite volatile. This week it starts rebounding. If one has invested near end of last year, today one would still has nice returns of about 300 points ahead.

As we can see from long term resistance support, averaged down more on STI earlier and is now benefiting from the rebound. Recent low is a test of one resolve. The turmoil of the market doing their sum on our thinking. However, being portfolio buffered, this bring calmness for us to try.

Everyone waiting for FED now. Trump complained last time and likely more this time as he needs more ammunition to fight trade battle with China and EU especially we could see currency war entering the game. Will FED supports ?

Expecting the rate to hold. Chance is 60%. Cut 30%  However, if Powell tries to be funny and raise the interest rates instead, the market could well #$^$%&%^$*%4&*)&. Maybe he will try other options instead. However, should policy be reactive based on data coming in or anticipation in today world. Maybe we need to change with time.

Cory

2019-0619