Market continues to crash

[AuraKUPO]

Market open and it just keeps pumping up and up. SPY not looking back, chart is vertical line only

 

[standarture]

For those who didn't have diamond hands, a sad day for you guys. However, USD has weakened slightly.

 

[dereth]

https://wid.world/income-comparator/

This one says $6.2m is top 1% for SG.

Canada need only $2.15m to be top 1%

Bro, that site only tracks until 2023.

 

[DevilPlate]

Here is the forum where elites top 1% visit

 

[Dinoboyboy]

 

[cyke69sg]

Bro, that site only tracks until 2023.

which site you use which is more up to date?

 

[Jirachi]

SGX red today

All sinkies dumping and all in US as advised by @AuraKUPO?

Likely liquidity rotating back into the US market. It’s risk on.

 

[Jirachi]

For those who didn't have diamond hands, a sad day for you guys. However, USD has weakened slightly.

USD weakening is good for companies earnings. Q2 earnings would be lit.

 

[soulblader_89]

 

[Capitalist]

USD weakening is good for companies earnings. Q2 earnings would be lit.

Doubt SG will like a strong SGD though.

 

[soulblader_89]

Huge capital doesn't fall from the sky, my friend. Took me 15 years to build up. Requires lots of perseverance, patience and hard work. No pain, no gain. But most people want fast gains. Haters were laughing at me when I started in 2010. Heck, even today there are still people passing sarcastic remarks.
Now, I am enjoying the fruits of my labour. My overseas trips are all sponsored by dividends.

My Very First Portfolio Update in 2010

U gt too much money

very hard for average joe like us to reach your level

 

[AuraKUPO]

Market just can't stop rallying! I'm right again.

Today will have more trade deal good news. Wait for another pump! To the Mars!

 

[Foetid]

Hope all huat big big!

 

[eno_lc]

Lol simi can’t stop rallying, market as a whole just edged up slightly only. Edmw is really delusional

 

[Jirachi]

Doubt SG will like a strong SGD though.

This is why MAS has reduced the rate of appreciation back on 14 April.

 

[Foetid]

Likely liquidity rotating back into the US market. It’s risk on.

Usa bond yields all rocketing?

 

[Ahemahem]

Market just can't stop rallying! I'm right again.

Today will have more trade deal good news. Wait for another pump! To the Mars!

Today got trade deal news meh

 

[dontwastetime]

Likely liquidity rotating back into the US market. It’s risk on.

the fund managers are being spun round and round like a noob..

I think they boh pian, scared end of the year, kanna questioned "why u never put back the Mag 7 into your portfolio ? Everyone making money but chu."

This is why few beat S&P. And those that do are doing weird things.

 

[dontwastetime]

Lol simi can’t stop rallying, market as a whole just edged up slightly only. Edmw is really delusional

In this market, anything 1% and above is rally liao hor

Fart Kamala & Biden for losing , caused so much grief to the world.

 

[BunnyPancake]

Lol simi can’t stop rallying, market as a whole just edged up slightly only. Edmw is really delusional

I think investors are taking this too far...

Don't forget, the tariffs are still in effect. That China-US tariffs weren't removed but reduced nia. And regardless, they had to go to the negotiating table on August again after the 90-day pause. Then that 90-day pause on retaliatory tariffs on other countries expire on July. No one has exactly made a real deal except the UK.

At first, everyone thought the UK made a deal le means all the other countries will follow suite... But so far it has been quiet. 2 weeks ago, Trump kept saying "a few countries has reached a deal and we will release details soon" but nothing. Last week, he said the same and it was only the UK. He kept saying and saying but so far only the UK struck a deal with them.

And we still got recession/stagflation fears going on. We also musn't forget what Fed has said in the past few weeks - they are seeing companies and businesses stop hiring, and some are even retrenching workers. They feel employment will start to worsen very soon and it will reflect on the hard data.

Yes, market sentiment has definitely improved... But I feel it won't really last long. Don't forget - there are still a lot of gaps in indexes/stocks, and the past few days of rally created even more gaps. I doubt it is over... However, for now, just ride the wave (can expect some more good news these few days) but be very cautious and don't get too complacent. All we need is one bad news and you will see mass selling once more (good time to get in then, if any of you missed the boat). Every time when such a crazy rally happens, I got a fear too... It is because of these FOMO investors who pushed prices up; but once it starts selling, they all will panic sell de.