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The Trading Floor

 

I think it is important to look at the overall mortality rate.

I was commenting to my wife that overall if the rate is the same, then this is probably coincidental.

However, although it may not be directly linked to the vaccine, I wonder could the stress of having the vaccine, worrying about its side effect etc have any indirect link? We will never know cause this is not something that can be proved easily. It will always be just " what the probability is" .

wavehunter      ( Date: 09-Mar-2021 09:13) Posted: If I am in that age group, I too will weigh the odds and ask myself.... 1. If I decline vaccination and I dont travel and I wear a mask everytime I am out, I will be like what I have been in the last 12 months. 2. If I have the jab and I sway sway belong to the minority who will react badly to the vaccine, I could be history within 3 weeks.

 

Future @ +182 but our singapore counters all kiasi (except banks).

 

Futures at +182

 

Unless SG Stock Market does not revamp & control shortselling, only the 3 local banks will stand to benefit. As for other counters, Longists will be kiasi & kiasu & scramble for the exit whenever up 23 to 4 pips even when market is positive.

 

This " creeping up slowly" is the same price action we saw when she was hovering at 3.12 to 3.15...then 3.05 to 3.10...then
3.01 to 3.05... and so on. I wont be at all surprised if we see her back at 2.87 : 2.88 later. And then show us a New Low. Dow
rose more than +600 pts last nite and closed at more than +300 pts. But like I said, if there is a seller with a large SELL order
to fill, it doesnt matter even if Dow is up +1000 pts. Just stand back and relax and wait for him to finish selling.

Now 2.89 : 2.90.

curious_moo      ( Date: 09-Mar-2021 09:11) Posted: ascendas creeping upwards slowly, but volume like not very high.. is this a lure up then big dump, or is this really a mini u-turn?

 

If I am in that age group, I too will weigh the odds and ask myself....

1. If I decline vaccination and I dont travel and I wear a mask everytime I am out, I will be like what I have been in the last 12 months.
2. If I have the jab and I sway sway belong to the minority who will react badly to the vaccine, I could be history within 3 weeks. 

 

ascendas creeping upwards slowly, but volume like not very high..
is this a lure up then big dump, or is this really a mini u-turn?

 

 

" To me, when it' s time it is correcting, everyone will sing the second opinion. But if it is on an uptrend, everyone will be singing the first opinion. End result, just market noise. I ignore and stick to my own game."
 
Me too.
For me, interest rate up or down doesnt matter.
The time to be a bystander is when Tua Phows sell.
And the time to move in is when another group of Tua Phows start buying in the hundreds and thousands. 

bystander1965      ( Date: 09-Mar-2021 07:42) Posted: Whether it' s for real or not doesn' t matter. It' s an excuse to sell. That' s why I said that. Actually interest rate generally goes up when economy is looking up. Good for business, including reits, no? But interest rates hurt borrowing cost which reits have huge chunk. Bad for them (and other business also), no? So it' s a double edge sword. Upto whoever claiming to be experts to interpret. To me, when it' s time it is correcting, everyone will sing the second opinion. But if it is on an uptrend, everyone will be singing the first opinion. End result, just market noise. I ignore and stick to my own game.   wavehunter      ( Date: 08-Mar-2021 22:51) Posted: During Yellen' s time as Fed Chair, interest rate rose. Back then, there was likewise so much talk about a rising interest rate environment is bad for REITs. DunnoWhen " downgraded" REITs and called for SELL. But what happened to our REITs? They did this.... .

 

Dow closed +306.
Intraday High was +652. She gave back -346 pts from last nite' s HIGH. Hmmm...
Futures now at +118.
See whether prata man comes out later.
Maybe this prata man is special.
Instead of the usual offerings...egg prata, onion prata, cheese prata....etc...this one serves woof prata too. 

 

The top 2 are Frasers L& C and Keppel Reit. They have about the same number of outstanding shares (34xx b). So as long as FLC price is higher than KR, FLC will be the one.
So does that mean FLC is unlikely to fall much (about 15-20c higher than KR now) before that happens? Maybe after that it will.
Anyway, like I said earlier, me guan only for now.

wavehunter      ( Date: 08-Mar-2021 22:43) Posted: Yes. Frasers L & C is the 1st in the STI Reserve List to succeed anyone who leaves the index. . http://www.businesstimes.com.sg/companies-markets/sti-reserve-list-s-reits-active-with-ma-deals bystander1965      ( Date: 08-Mar-2021 20:00) Posted: As others have shown, if JMH is merged with JS, then JS will be removed from the index. Frasers L& C is likely to be the one to replace it

 

Whether it' s for real or not doesn' t matter. It' s an excuse to sell.

That' s why I said that.
Actually interest rate generally goes up when economy is looking up. Good for business, including reits, no?
But interest rates hurt borrowing cost which reits have huge chunk. Bad for them (and other business also), no?
So it' s a double edge sword. Upto whoever claiming to be experts to interpret.

To me, when it' s time it is correcting, everyone will sing the second opinion. But if it is on an uptrend, everyone will be singing the first opinion. End result, just market noise. I ignore and stick to my own game.
 

wavehunter      ( Date: 08-Mar-2021 22:51) Posted: During Yellen' s time as Fed Chair, interest rate rose. Back then, there was likewise so much talk about a rising interest rate environment is bad for REITs. DunnoWhen " downgraded" REITs and called for SELL. But what happened to our REITs? They did this.... . bystander1965      ( Date: 08-Mar-2021 17:39) Posted: Interest rate always affects these counters. Whether it' s for real or not doesn' t matter. It' s an excuse to sell. So I wait lor to see how low the reits will go. Anyway most of them are on the down trend. I will wait for signs of turn-around first

 

During Yellen' s time as Fed Chair, interest rate rose.
Back then, there was likewise so much talk about a rising interest rate environment is bad for REITs.
DunnoWhen " downgraded" REITs and called for SELL.
But what happened to our REITs?
They did this....


.

bystander1965      ( Date: 08-Mar-2021 17:39) Posted: Interest rate always affects these counters. Whether it' s for real or not doesn' t matter. It' s an excuse to sell. So I wait lor to see how low the reits will go. Anyway most of them are on the down trend. I will wait for signs of turn-around first. wavehunter      ( Date: 08-Mar-2021 17:35) Posted: Why your caution against REITs? Valuation? But for them to be attractive enough to you to drop to low low valuations, we may not see them fall to those levels even if we have a 10% correction.

 

Yes.
Frasers L & C is the 1st in the STI Reserve List to succeed anyone who leaves the index.

.

http://www.businesstimes.com.sg/companies-markets/sti-reserve-list-s-reits-active-with-ma-deals

bystander1965      ( Date: 08-Mar-2021 20:00) Posted: As others have shown, if JMH is merged with JS, then JS will be removed from the index. Frasers L& C is likely to be the one to replace it. wavehunter      ( Date: 08-Mar-2021 09:41) Posted: Frasers L & C... simi tai chi har? She was sold down whole of last week and week before. Today suddenly up 6 cts at 1.39 : 1.40. Shortcovering???

 

Dow futures +210

Can up 300 to 500 again?

 

Good price is bAck! Nibble small qty and space out your purchase plan. Dyodd

wavehunter      ( Date: 08-Mar-2021 17:35) Posted: Why your caution against REITs? Valuation? But for them to be attractive enough to you to drop to low low valuations, we may not see them fall to those levels even if we have a 10% correction.  bystander1965      ( Date: 08-Mar-2021 15:56) Posted: Me kuan only. Not planning to touch any reits atm

 

https://www.cnbc.com/2021/03/08/david-tepper-is-getting-bullish-on-stocks-believes-rising-rates-are-set-to-stabilize.html

 

Any of you >60 booked for the immunization?

 

As others have shown, if JMH is merged with JS, then JS will be removed from the index. Frasers L& C is likely to be the one to replace it.

wavehunter      ( Date: 08-Mar-2021 09:41) Posted: Frasers L & C... simi tai chi har? She was sold down whole of last week and week before. Today suddenly up 6 cts at 1.39 : 1.40. Shortcovering???