The TerraLuna ecosystem crash this week was devastating to many crypto investors, from the small retail investors to the huge venture capitalists. No matter how smart you are, as long as you are active in financial markets, big losses from time to time are inevitable. Sometimes, one manages to escape
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
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
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%
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,
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/
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.
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
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
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
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