STE's Stocks Investing Journey

Wow, time flies !! we are in the last month of the third quarter of 2022 and I am sure all of us are experiencing a very different year in 2022. The market is full of F.U.D ( Fear /Uncertainty / Doubt) and so far we can see that it is very volatile, I have seen my portfolio up by almost 11% in early this year and tanked to more than -3% after the Russian-Ukraine war broke out in end Feb. Now my portfolio is up by only 3.1% YTD ( including dividends), so you may notice that most of the gain came from dividends. All major economy ( or block) seems to have their own set of problems. For China, the main issues still are the slowing down of the economy due to the crackdown in the Tech sector and the cooling down of property investment. China's government is trying to boost the economy by increasing government spending on infrastructure and encouraging investment in sectors like New Energy / EV  / Tech ( IC & Chips design and manufacturing ) etc, but as I mentioned before, with th...

 I blogged about the concept of " Davis Double Play " ( here ) and explained that there are two very important components in determining the index of stock markets i.e P (Index)= EPS x PE Now, after the start of QT, we continue to see the market is adjusting to the "market expectation" of PE and compressing the PE to a more reasonable level. More and more data points showed that the US economy is slowing down from " Real Retail Sales, Housing Starts, Philly Fed Manufacturing Index, Empire State Manufacturing,  etc.." ECRI Weekly Leading Index Update   < Sources:  advisorperspectives.com> With such a high inflation data, the Consumer Sentiment by the University of Michigan also at a level never seen after GFC( Global Finance Crisis ), now is much lower than during the Covid-19 pandemic time. University of Michigan: Consumer Sentiment  (UMCSENT) It seems that the US economy heading towards recession is "inevitable" with FED turning more ...

 The last two weeks must be a hectic week for Crypto investors as we had seen the collapse of Luna ( A type of stable coin) which wiped out almost $40 Billion of market cap from the Crypto-market. What is Terra Luna? Why did it Crash by 99.9%? <Sources:business2community.com> As I mentioned before, Crypto as a so-called " alternative asset " class is very risky and may not be suitable for all investors, especially for those with low-risk tolerance. Bitcoin as the " King " of Crypto may not collapse like " Luna " since it still has demands on certain "usage " like "currency" for some groups of people, but we may continue to see the huge fluctuations of the price like up and down of more than +/- 50%. For some other coins like "Luna", it will not be that lucky to enjoy such "privilege" and I am sure, "Luna" will not be the last of such coins to collapse, there will still be some to follow Luna...