Market Observer

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

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

Financial protection

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

This news about OCBC bank customers (at least 469) losing their savings 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 bank protocols and regulations, and is

Global stock markets "celebrating" Chinese New Year in advance. Red Red Red. 21Jan2022

Global stock markets "celebrating" Chinese New Year in advance. Red Red Red. 21Jan2022

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

Time to tiptoe back into HK market 16Jan2022

Time to tiptoe back into HK market 16Jan2022

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

Thoughts on 2021's global markets movements

Thoughts on 2021's global markets movements

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

I have been earning 12% annual interest rate USD equivalent deposit with Hodlnaut

I have been earning 12% annual interest rate USD equivalent deposit with Hodlnaut

In today's low-yielding world, when I hear about a deposit paying a very high annual interest rate of above 10%, I will be on my guard. Valid questions that spring to mind are; - Is this a scam? - If not, is it worth the risk? I have been earning

Bad week for global stock markets. Weekly observation 13Dec2021-17Dec2021

Bad week for global stock markets. Weekly observation 13Dec2021-17Dec2021

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

Markets rebounded. China indices power ahead. Weekly observation 10Dec2021

Markets rebounded. China indices power ahead. Weekly observation 10Dec2021

CN(risk-on) SG(risk-off) HK(risk-off)

Simple sell rules to protect against disaster in financial markets

Financial protection

Simple sell rules to protect against disaster in financial markets

In my past blog posts, I reveal some of my stock picks. It is meant to track my own progress and get a better feel of the market, not meant for others to follow. I am not a qualified financial advisor. My worry is that some readers may blindly follow

Global markets worsen. U.S market rally dies. China bucks the trend. Some China stock picks revealed. Weekly observation 03Dec2021

Global markets worsen. U.S market rally dies. China bucks the trend. Some China stock picks revealed. Weekly observation 03Dec2021

CN(risk-on) SG(risk-off) HK(risk-off)

Global stock markets infected by Covid. China is still running strong. Weekly observation 26Nov2021

Global stock markets infected by Covid. China is still running strong. Weekly observation 26Nov2021

CN(risk-on) SG(risk-off) HK(risk-off)

Time to resume buying China stocks as the market has recovered enough. Weekly observation 19Nov2021

Time to resume buying China stocks as the market has recovered enough. Weekly observation 19Nov2021

SG(risk-on) CN(risk-on) HK(risk-off)

Why I bought Solana, the most serious Ethereum challenger

Why I bought Solana, the most serious Ethereum challenger

I bought Solana 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 Ethereum as AWS (Amazon Web Services)

Normal pullback in U.S and SG market. China/HK recovering. Weekly observation 12Nov2021

Normal pullback in U.S and SG market. China/HK recovering. Weekly observation 12Nov2021

SG(risk-on) HK(risk-off) CN(risk-off)

U.S bull market can't stop. HK, China bear market can't stop. SG broad market weakening but index remains strong. Weekly observation 5Nov2021

U.S bull market can't stop. HK, China bear market can't stop. SG broad market weakening but index remains strong. Weekly observation 5Nov2021

SG(risk-on) HK(risk-off) CN(risk-off)

U.S bull market continues to charge. HK down. SG remains steady. Weekly observation 29Oct2021

U.S bull market continues to charge. HK down. SG remains steady. Weekly observation 29Oct2021

SG(risk-on) HK(risk-off) CN(risk-off)

The bull market continues. Weekly market observation 22Oct2021

The bull market continues. Weekly market observation 22Oct2021

SG(risk-on) HK(risk-on) CN(risk-off)

Bullish week for U.S, Singapore, HK. Weekly market observation 15Oct2021

Bullish week for U.S, Singapore, HK. Weekly market observation 15Oct2021

SG(risk-on) HK(risk-on) CN(risk-off)

Good week but not good enough. Weekly market cap 8Oct2021

Good week but not good enough. Weekly market cap 8Oct2021

SG(risk-off) HK(risk-off) CN(risk-off)

My investment journey: Keeping an open mind to find out what works personally

My investment journey: Keeping an open mind to find out what works personally

My interest in financial markets started in the 2000s. At that time, value investing was a very popular investment style, mainly because value investing worked very well in the 2000s. I subscribed to an investment service by someone who calls himself Sage. He teaches his customers by letting them observe

Mostly in cash now. Weekly cap (01 Oct 2021)

Mostly in cash now. Weekly cap (01 Oct 2021)

SG(risk-off) HK(risk-off) CN(risk-off)

Cashed out of HK market. Weekly cap (24 Sep 2021, Fri)

Cashed out of HK market. Weekly cap (24 Sep 2021, Fri)

SG(risk-off) HK(risk-off) CN(risk-on)

Why I do not think Evergrande default is a Lehman Brothers moment for China

Why I do not think Evergrande default is a Lehman Brothers moment for China

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.

U.S market weakened further. HK in correction. China starting to look shaky. SG continues to decline. Weekly cap(17 Sep 2021, Fri)

SG(risk-off) HK(risk-off) CN(risk-on)

Penny stock 1205.HK surged 18.33% today. Market action(15 Sep 2021, Wed)

SG(risk-off) HK(risk-off) CN(risk-on)

HK portfolio did well despite indices rout, thanks to a penny stock. Market action (13 Sep 2021, Mon)

SG(risk-off) HK(risk-on) CN(risk-on)