Yellen fed the bulls with more adrenaline pills!

All pumped up..

I just stay long stocks and sell calls (and buy cheap protective far out puts) until things change otherwise.
The puts are cheap because of low volatility.

Even non-US stocks like Xinhua 25 (FXI) got bull mode started for more than two months..
My leverage play XPP suddenly got up to $56.. I was expected only $52-53.
Like Solar stocks, going to see how high it can go.

Wanting to get back into TWTR.. but no pull back.

Usually, the sending side have to pay fees ($40-$50 depending on wire service) but the receiving side - no deduction that I'm aware.

You get commission-free trading?

I think MBB fee is reasonable but not sure why you get whacked when reached OX's bank JPM?

I also they should allow you to transfer more than RM10k otherwise you have to transfer 3.2 times to get
equivalence of US10K.

This post has been edited by danmooncake: Jun 24 2014, 10:19 AM

The part about US homes sales up are true for last month anyway (May) numbers are up when they were expecting
bad to worse because of the earlier weather related declining sales.

I can see XHB fighting to move back up. Let see how June goes.. if Summer months cannot drive more sales, Fall could be bad because seasonal moves could be over.

If it happens, just close eyes and BUY.

Thanks for sharing...

Did you encounter the same issue like wongmunkeong did, where he said only max RM10K can be done per transaction?

If one wants to transfer US10K (~ RM32k), one may to do 4 times and get charged 4 separate times?

This post has been edited by danmooncake: Jun 25 2014, 09:31 PM

So far, no trade this week..busy watching monitor...not for stocks but for FOOTBALL games.

USA bought themselves PUT options against Germany. Even lose also can win.

I doubt if got local branch worth any help or not.

I got TD Ameritrade account for very long time and if I got any questions, the local office in Singapore are clueless.
I deal with TD Ameritrade staff directly in US. Everything is just a phone, email (or chat). Distance has no bearing nowadays in today world. You have to deal with only rules and regulations where the markets are being traded.

This post has been edited by danmooncake: Jun 27 2014, 09:10 PM

Yes, there are more tax rules implemented lately (applied mostly to US citizens and PRs) and somewhat become cumbersome for foreigners to open a brokerage accounts in US if they don't reside in US.

Therefore, some brokerages setup foreign offices (outside USA) to help those who are outside USA so that they can trade as well.

Since I've setup mine many years ago, there was no need for me talk to the local branch on any issues because everything that I do pertains to direct accounts in USA only - even for money transfer, statements, tax forms, beneficiaries, etc.


Also... for some of you who have setup US brokerage accounts.. remember to also name and identify your BENEFICIARIES. This is VERY IMPORTANT because in case something bad happens to you, your family member or significant other can access your funds. Otherwise, if you die, Uncle Sam will take it away as unclaimed funds.

Any deduction at the US side?

Will probably continues to tomorrow till job numbers.

Friday, market will shut down because of July 4th. Great day for bulls to celebrate with fireworks!

Anyway, not much trading this week for me except football games...

Sell Sell Sell!!! We need more bears... !!!

Same here...it's Day 2 for bear raid... but need day 3 for momentum to pick up.

FB and TSLA pulled back to 50MA...

AAPL - needs to bear power to pull this fruit tree down.

Well, the bears are out indeed.

It's time again for some suddenly bad data from Europe and China..

At least hope to see pullback to 1925 for SP500.

SP500 1950 seems to be holding good support here.   


This post has been edited by danmooncake: Jul 10 2014, 10:35 PM

Good pick! I like GE.. been holding this in long term account for long time now.

I think they will... darn it.. Just follow the herd and get some here.
Bulls got lots of money.