Musings about Life and Investments

This is a good video. It is likely  a pause or a profit taking time before it rises again. https://www.youtube.com/watch?v=_jdPadv8zDg&t=2s Last week, I wrote an email about selling the leaders, buying the laggards. Some of the stock markets, e.g. Chinese mainland A market index has hit the very lagging but important indicator. The monthly MACD has finally triggered the “Golden Cross”. At this stage, the bull rally is confirmed but there may be a pause of a few weeks to a month or two where those who bought in January / Feb take some profits. We may see a small pull back of 5 to 10%. But the bull rally should resume from here. It could be another 10 to 40% upside even if there is no rally. A recap of what we have done: 1.        January 2019, continued to buy into H2O Multibonds. It is up 15% year to date. 2.        March 2019, dollar cost average into UBS China A Opport...

So the rally started on 24 Dec 18. That was the point of maximum pessimism. The MSCI World has rallied 21% in slightly over 3 months! Many traders who returned from Christmas holidays could not believe their eyes. Many sat out this rally and did nothing, wishing it to come down so that they can buy again. I believe the rally occurred simply because the sellers were exhausted or finished what they had to sell. January rally was probably a short covering. The smart money began coming in from February onwards. The hedge funds probably piled on the long positions in March onwards. I turned positive from Feb 19 onwards and advised to dollar cost average. We are now approaching the top for MSCI World, last seen in Sep 18. Will it be the dreaded double top and then decline. My technical take is this: I can’t even see a small correction at this stage. The weekly chart is still bullish. There is a slightly over 50% chance that the Sep 18 high will be taken out. At this stag...

Life ain't fair. I got over that fact. But as a human being, I need to do my part in the universe to treat others fairly. How I conduct my life, is reflected in my philosophy in football. I think Video Refereeing or VAR should come asap to the English Premiership. The league is too rough, and the referees let physicality get in the way of skills. Lionel Messi would not have survived in EPL without major injuries. Weaker teams like Watford, Birmingham, will try to injure, maim skilful players in better teams. It's no wonder that Hazard and Pogba want to leave England for Spain. Good players just get injured too frequently in English football. They will never realise their potential. That's why VAR can reduce misbehaviours. World Cup 2018 was one of the best I've seen. I attribute a lot of the beautiful football to VAR. Mistakes may still be made with video assistance, but players know there is a higher chance that the referee can pick up a nasty foul, an elbow to the...