2024 Market Sentiment & Positioning

[apple459721]

Yet Nikkei keeps going up?

https://www.cnbc.com/2024/02/15/japan-q4-2023-gdp.html?__source=androidappshare

yen
Japan stock exchanges

Same as Turkey

 

[ctan84]

Yet Nikkei keeps going up?

https://www.cnbc.com/2024/02/15/japan-q4-2023-gdp.html?__source=androidappshare

Coz ah tiong hot money still need to go somewhere regardless that place recession or not.

 

[apple459721]

No one want hold weak jpy

hold jpy alrdy risky, rather put inside risky asset

 

[stanlawj]

Yet Nikkei keeps going up?

https://www.cnbc.com/2024/02/15/japan-q4-2023-gdp.html?__source=androidappshare

Recession is good for stocks especially when the central bank is already printing money.
But woe to those who overstay.

 

[DevilPlate]

Recession is good for stocks especially when the central bank is already printing money.
But woe to those who overstay.

Welcome to the new norm.
A mild recession actually good for stocks whahahaha

 

[limster]

I've shared my target prices in other posts, most recently I shared my IWDA target price of $75.
If lower than $75, I'm accumulating. After it goes back above $75, I stop buying.

Whether my target price is right or wrong, I don't know, please DYODD

Almost every day the VWRD, IWDA, seems to be going up. Maybe IWDA will touch $100 for the first time ever this year.

I bought more VWRD and VHYD yesterday. VHYD because I want global ETF that don't have so much magnificent 7 in them. after they correct, I wonder what nickname cnbc will give them.

My thinking is that I better do more buying now, and maybe reduce buying later.... psychologically I'm not ready to buy IWDA at $100

 

[Trader11]

YTD I have bought US$15k of World & S&P500 ETFs already, however, with S&P500 touching 5,000 its going to make it difficult for me to keep up my regular DCA - I am reluctant to buy more because experience suggests that a 'healthy correction' is inevitable

I though DCA means you keep buying regardless of up or down?

 

[Trader11]

Almost every day the VWRD, IWDA, seems to be going up. Maybe IWDA will touch $100 for the first time ever this year.

I bought more VWRD and VHYD yesterday. VHYD because I want global ETF that don't have so much magnificent 7 in them. after they correct, I wonder what nickname cnbc will give them.

My thinking is that I better do more buying now, and maybe reduce buying later.... psychologically I'm not ready to buy IWDA at $100

Jesse Livermore says once those psychological barrier is broken, the stock will fly. All time high means less supply that resist price movement

 

[limster]

every day, S&P seems to be going higher. i scared to buy more already, lucky I bought some earlier.

on the other hand Capitaland 9CI crash nearly 4% even though China markets seem stable. I am going to buy more. Like I asked before - is this the next Singtel, drop below $3 and never recover?

 

[wutawa]

starting jan, i venture into crypto (ibit). for feb, i try bond fund (mari invest), the very thin orange strip. crypto doing very well as bitcoin shoots up to $56k. sreit (me8u) not doing well, barely breakeven when include div.

 

[stanlawj]

Steve Hanke is the economist who nailed the 2022 peak inflation forecast.
Now he is forecasting inflation will reach 2% by end of 2024 (8mins 10 sec)

https://app.hedgeye.com/insights/147043-webcast-trouble-ahead-for-u-s-markets-economy?type=macro,market-insights

Also, by mid-May 2024, RRP will reach 0.
Beyond that, bank reserves will have to start to contract if Fed doesn't change course.
What happens after that....

 

[LPPLKPKB]

yen
Japan stock exchanges

Same as Turkey

YEN -5.9% YTD
NIKKEI +19.8% YTD
S&P 500 +6.6% YTD
NASDAQ +8% YTD
DJIA +1.8% YTD

Short NIKKEI, you die cock standing.

 

[limster]

Almost every day the VWRD, IWDA, seems to be going up. Maybe IWDA will touch $100 for the first time ever this year.

I bought more VWRD and VHYD yesterday. VHYD because I want global ETF that don't have so much magnificent 7 in them. after they correct, I wonder what nickname cnbc will give them.

My thinking is that I better do more buying now, and maybe reduce buying later.... psychologically I'm not ready to buy IWDA at $100

I will do my monthly DCA of VWRD for March, but getting harder to buy as price goes higher and higher

 

[revhappy]

I sold off my entire China allocation and EM allocation today at a loss. I have lost a lot of money betting on EMs over the last 3 years and it has been painful. Going forward, i will stick to my strategic allocations and I will not make such adhoc bets on countries or sectors, just because they appear cheap. Very painful lesson learned.

 

[DevilPlate]

I sold off my entire China allocation and EM allocation today at a loss. I have lost a lot of money betting on EMs over the last 3 years and it has been painful. Going forward, i will stick to my strategic allocations and I will not make such adhoc bets on countries or sectors, just because they appear cheap. Very painful lesson learned.

maybe its time to whack HSI liao whahaha

 

[aurvandil]

I sold off my entire China allocation and EM allocation today at a loss. I have lost a lot of money betting on EMs over the last 3 years and it has been painful. Going forward, i will stick to my strategic allocations and I will not make such adhoc bets on countries or sectors, just because they appear cheap. Very painful lesson learned.

It is the correct thing to do. No point holding on to positions that have clearly failed.

 

[limster]

maybe its time to whack HSI liao whahaha

HSI +10% for 2024, probably achievable. I actually appreciate the fact that they are not artificially trying to boost the economy and no money-wasting rescue of the property sector. Let the weak firms fail and the survivors will be stronger.

 

[yslvlys]

I sold off my entire China allocation and EM allocation today at a loss. I have lost a lot of money betting on EMs over the last 3 years and it has been painful. Going forward, i will stick to my strategic allocations and I will not make such adhoc bets on countries or sectors, just because they appear cheap. Very painful lesson learned.

But still vested in India?

 

[revhappy]

But still vested in India?

Yes.

 

[highsulphur]

I sold off my entire China allocation and EM allocation today at a loss. I have lost a lot of money betting on EMs over the last 3 years and it has been painful. Going forward, i will stick to my strategic allocations and I will not make such adhoc bets on countries or sectors, just because they appear cheap. Very painful lesson learned.

My eimi is still under after I bought 2 years ago but I didn't dca