Recently I read many unhappy with TD acc will move the CS ?

We also don't know how well CS will be.. eventhough ThinkorSwim won't change.

But, historically.. things will look messy especially data from old broker.. like stmts, transactions, etc..

CS also been losing a lot of money, hopefully they won't go bankrupt eventho our funds are supposedly  protected by SIPC and some by FDIC (on the regular banking side) 

Bro AI thing is only sg govt rule. It affect brokerage in Singapore. As long as your brokerage is under MAS (LLC and not .com.sg) you won't be subjected to MAS rules on AI.

That's why I don't know what is MAS trying to do with TDA. Is it TDA fault or is it MAS fault. No one knows.

For me, my IB is under UK govt jurisdiction and I am happy with it. It's not open via .com.sg

Also I don't think unlike Malaysia and Singapore where you need to have priority banking firepower to buy bonds.

Why need to go for UST 10y or 30y ? DBS' USD FD is 5.15% for 1y.

Is it because you want to lock-in the rate for the longest period ? But why need to do this ?

If FD rates start to drop, then we can start to switch over into equities and REITs. Let's if I'm right again,....

Actually,... it's not riskfree too. If the USD starts depreciating, even if you get more USDs, the purchasing power will be lower.

Ok, so depends on your financial objectives. E.g. retire in Malaysia -> risk-free MGS/GII. But rates are terrible...

So we ahem... can take risky positions and views, e.g. MYR will continue to depreciate (against USD) in the long run. Then it makes sense to long US Treasury stuffs.

No way MYR can appreciate vs USD. Don't hope.

You are 100% correct.. Even if some people are afraid that the USD are depreciating... when compare to MYR, the MYR is like a death spiral... MYR went from 2.5, to 3, to 3.5 to 3.8 (fixed for a while by you-know-who)... then back down to 3.5... 3.2 and suddenly 4 and above the last 5 years.... and now, MYR stuck in twilight zone and wanting to re-test 5 again.

Wonder BNM not willing to defend the MYR to combat domestic inflation?
Perhaps not enough pain yet? 

Msia's reserves are too low in absolute amt... somehow, raising the OPR only causes more pain for mortgage-holders rather than benefitting RM strength. Thisis the reson why the leaders think raising OPR will not work in Msia.

Raising the ctrl bank interest rates may work in other countries but not in Msia.

Your statement abt the politicians is merely a hypothesis. Let it rest. It must be what you heard or at best, what you have experienced personally, but this does not constitute a wide perspective across the people when viewing the effect of higher interest rates to the population-at-large.

Australia and The US have minimum wage policies and after the sub-prime crisis, The US has better controls over who is eligible for loans and banks will only provide loans to such entities - individuals and companies. Today, with the higher interest rate environment, the 'control' would be better.

I wouldn't say Msia has above such structures in-place.

Hansel xander is not entirely wrong. Insider sources confirm to me that NO central bank in Asia is politically independent of their respective governments*. Some countries like China and Singapore explicitly mention the close relationship between their central banks and the government; some are more nuanced, like Malaysia. While western central banks are politically independent, they are not independent of commercial banks/business community. You probably know well that the board of the 12 Federal Reserve banks include member banks across the States.

When you can print money, that's a privilege that many will seek to abuse. In Asia, the abusers are politicians; in the West, it's the bankers/business community. (Well, you know how close politicians are with the powerful lobbyists of various businesses in DC anyway. )

*Of course, "textbooks" will tell you otherwise...

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With the earnings miss yesterday, i see Tesla dropping to $200. Will be a good entry point to build up a position. Once interest rate cuts start in 2H 2024, i see Tesla shooting back up again.

But for Netflix i think its a good entry point tonite considering they added 8.8 mil new subscribers vs 5.9mil previous quarter. All time high was $700 in Nov 2021 while the high for 2023 was $485. Market should open at $400-410 tonite.

Sorry but i think you are incorrect. The strike IMPACTED Netflix because they were unable to churn out as many shows as they normally would have. And the main reason why Netflix will continue to go up is because of the increasing revenue streams.

Also in terms of financials, Netflix is pretty strong vs the cash rich Big Tech giants. In terms of price/sales, price/cash and price/book value, Netflix is cheaper than all Big tech companies. It also has a net income thats on par with Nvidia. Forward PE ratio is lower than Microsoft, Apple and Nvidia and half that of Tesla. For Return on Equity (ROE), Netflix is on par with Meta but higher than Amazon.

Netflix is high volatility and $100 moves are to be expected. But i think long term, Netflix will remain strong unless there is a major impact on subscriber growth or revenue. I got into Netflix at around $70 back in 2018 and have been buying consistently every time i get a 15-20% price drop. Same with my other Big Tech positions.

Wait for 4000 for the real carnage. I think it can go down to that level.

The lower it goes the more I buy. Hahaha

If Big Tech earnings remain strong, you can expect the market strength to remain. You dont need all stocks to show strength. Big Tech alone can carry the weight of the market.

wait for bloodbath to end first before going in.. seems like possibility for market to drop even more till they see a stable interest rate outcome. Fed keep being hawkish and ongoing 2 wars adding more fuel to the fire.

So far its Big Tech earnings which are causing the bloodbath on Nasdaq with Alphabet and Meta leading the way. Even the slightest miss or negative future earnings news is resulting in the sell off.

Correct. Ill add to my positions next week too

You said earnings will be bleh and market will go up before falling. The opposite has happened.

Doubt anybody invests in ETFs to look at weekly price movements. I don't even look at my individual positions that frequently. Im looking to add to Tesla is there is a bigger sell off towards $180 this week. All my positions are long term holds which last years.

Unemployment rate up 3.9%. Previous 3.8%

Bad news is good news.