To The Moon

Downturn in stock markets around the world including in Singapore since the start of 2022 might decrease our portfolio value, but on the flip side, it increases opportunities to “buy wonderful companies at a fair price”, to quote Warren Buffett, one of the greatest investors of our times.How do we uncover such wonderful companies in Singapore, one might ask? ROIC vs WACCWell, Buffett uses Return On Invested Capital (ROIC) that looks at companies efficiency in allocating capital under their control to generate returns (see formula below):ROIC Formula and Comparing ROIC – WACC of SGX (S68), Venture Corp (V03) and Yangzijiang Shipbuilding (BS6). Data source: GuruFocusNext, compare ROIC with Weighted Average Cost of Capital (WACC), the average cost of capital from all sources, common stock, pr

Are you bullish on China stocks' continued rally? The recent policy move by the People's Bank of China (PBoC) is clearly bearish for Chinese shares in the short run. The 0.5 percentage point RRR reduction releasing 1 trillion yuan of liquidity, along with upcoming SME finance stimulus, represents significant monetary stimulus. This tends to provide an immediate boost to equity markets. But I'm optimistic but cautiously so, instead of being extremely bullish. To sustain a rally, China must resolve more systemic economic issues over and above liquidity injections, such as: - Weakness in the property sector - Consumer confidence problems - Regulatory uncertainties persisting - Strtuctural growth problems The initial market response is encouraging, but long-term momentum will hinge on whether

$SPDR Portfolio S&P 500 ETF(SPLG)$ not as good as index performance but still positive 

Maybe he is just early. Trade safe! $S&P 500(.SPX)$ on Wed down 60.91 to close at 4186 is confluence of support and daily 200 SMA at 4180.  Could bounce hard, but if breaks support, watch out below 

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$NASDAQ(.IXIC)$  first move likely fake then....

$S&P 500(.SPX)$  likely down or too many eyes watching and reverse occurs 

$NASDAQ(.IXIC)$  down she goes 

$S&P 500(.SPX)$  downer

$NASDAQ(.IXIC)$  drum roll rejection at 200 MA