Highlight of the month would be Isarel-Iran conflict outbreak.. sending another shockwave into the market since trump's tariff went into effect in April.
Volatility increased thru the month, hitting a support level before rising as trump forced a ceasefire down Iran's and Isarel's throats.
Probably self proclaimed, but many traders scooped up some stocks likely to float once ceasefire was passed.
Oils also had a boost from the war but was short lived. For a moment I wanted to enter but thankfully I hesitated, else I'd be in for a big Loss this month.
Cashed out SIAEC as it descended from all time high, thinking let's get some profits locked in first, then re-enter once reach support. As at end month it was bolstered at around mid 3.10s, perhaps sustaining till ex-div.
Also exited Manulife Reit since got some kind soul pushing up prices, and decided not to play since its not yielding.
Was kind of satisfied with Boustead, as I was not expecting such a surge. But I exited a bit too early as it shot up with more marketing later in the month.. cries in 1k losses and beyond..
July will see Fed decision determine the market, especially Reits that are fundamentally reliant on interest rates. I entered FLCT and MPAC just to get some... lift. See how it goes, I may cash out FLCT if the price is right.
Update #43:
Again another rocky month... I tried to slow down my trades so to observe my stock movements.
I'm grateful to have entered SIAEC via CPF in April. Aviation stocks bounced the highest from the low in April as air traffic stats signaled resilience to the trade wars. Come to think of it I should have gone all in using cash as well... since I was that confident that it would bounce. But too late...
Memiontec Holdings is my biggest bet this month. Keep adding to observe the counterparties. Not much interest generated, so I think I should lie low and wait for hot money to rotate around the market to this counter.
Medtecs bounced, and I took the opportunity to cash out.. Lucky me, it was a temporary spike and it dropped back.
But Missed out on exiting Genting and Capitaland. Now deep in red. Sigh.
I guess my strategy for now still has to be exit with a few pips profit, don't hiam too much.
Update #42:
