Don't short lah!... I think it's going to hold here at $50.
Maybe we got a range play $50 to $60 until end of the year.

The Fruit has been good.... 120 last week.. now 129. Nice!!!!
Still hanging on here!

Be patient.. it will get there. Now, it just need a catalyst (like earnings next week).
If it is good... it may even propel it higher than 133... perhaps 140'ish.

The funds wanted another GOOG like tech stock to move QQQ even higher.

Agree... energy and materials been lagging. Same goes for Gold and Silver.

Aunty Yellen been talking about "possible" rate hike since late last year.. and all she says is data dependent.
Market been anticipating this move, and dollar been moving up and up.. and now back to parity as
if it already happened.

So, what exactly is the rate hike? It turns out to be 25bps. Then, they'll pause for another 6-12 months.

I think what's going to happen is when the actual rate is raised, Dollar will drop, commodities like gold, oil, copper will reverse course.

I'm still holding the new batch (aapl)... just wish I went all in last week.. but heck, can't be greedy right.

This post has been edited by danmooncake: Jul 21 2015, 10:04 AM

WTF.. oh frack..who shook the apple tree?

This post has been edited by danmooncake: Jul 22 2015, 11:22 AM

Crude still hanging on to $50 so far.. but the floor shaky..

Waah.. you're super bearish.

Oil at 40'sh is like in 2009.. during recession. But, heck, where's recession now?
Everyone happy go lucky.

Hey.. whatca know. The fruit is at good support here at 125 after so called wall street "disappointment" about their outlook.
Sales missed "analysts" estimates? Who are those analysts huh? What are they drinking?

US 49.5bln revenue for last qtr with 35% growth from last year.. is a huge success in my book.
Heck, enough to even pay off Malaysia 1MDB debt in one shot and lots of spare change.
Najib could have invested in AAPL fund instead ...

I think we got good buying opportunity again if it dives down below 120 again.

This post has been edited by danmooncake: Jul 23 2015, 10:29 AM

Not just AAPL, lots of other companies (INTC, WFC, XOM, GILD) are doing this to pump up their EPS.
I think buy back won't stop because they got tons of cash and no where to go.
Eventually, price will improve because of the reduction of shares in market and earnings continue to improve.
Maybe even more volatile too.

This post has been edited by danmooncake: Jul 23 2015, 11:19 AM

Waah.. I think bears no problem wining. Oil already hit my low target at $48.
Didn't expect that China will go kaboom during the day. The aunties/uncles are cursing now.. where's the da govt help?

Not touching oil now but SP500 once again at the 200ma. Time to load up again..


Anyway, this morning gotta to watch China market ... this thing is getting pummeled back to 3500.
If drops below... I think we can see 3000, then bam.. 2500 - this will be back to beginning before the ran up last year as if nothing has happened.

This post has been edited by danmooncake: Jul 28 2015, 10:23 AM

Just a bit only.. from last week. let see if this time can break above 42 or not.
Last time, I cabut a bit early.. but also lucky because china bulls (the govt) can turn it around anytime.

Groupers!!! It's works again.. buying that sp500 (calls and 3x bull shares) when it touches 200ma.

Did you guys read this story?

http://www.cnbc.com/2015/07/28/chinese-far...ost-it-all.html

Uncle farmer invested entire savings of US164K equivalent (convert in RMB, that's like over mln),
then leverage up to 1 mln usd margin (6.2 mln RMB) and buy ONE stock?

And he bought when the SHCOMP index over 4000, because of govt propaganda urging everyone to play..

Everyone will SELL whenever there is a pop opportunity to get their money back.
The institutional players will eat these people alive knowing them have bought on margin.

No wonder China market will crash... with tons of clueless people like this in the market.

This post has been edited by danmooncake: Jul 29 2015, 09:30 AM

Waah.. Ringgit drops to 3.87... even at this level, more people continue to dump ringgit and buy USD and SGD.

This post has been edited by danmooncake: Aug 4 2015, 12:06 PM

Line in sand for fruit is 120... imo. cannot buy now.
But, if drop to 105.. then I buy again.

1 usd = 3.89 rm... very tempting...

Oil going $40.xx

Imo, want to play oil, just go for that $5 increments because it is fast moving in a couple of days swing trade.

XLE - is for Oil companies stocks (or energy producing companies) - not necessarily can correlate but somewhat.
(3x leverage is ERX/ERY)

XOP (or USO) - this one correlates more to Crude Oil price.
(3x leverage is GUSH/DRIP).

Just look at the huge run up for DRIP with these last 2 months.