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Showing posts from July, 2013

Trader's Diary 29/7/13

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By Smoking Gun
Bought 100,000 shares of Hi-P on 28/7/13 at 0.805. No other positions added or exited during this period. All in all relatively good day for the portfolio. Net cash invested still remains at 49% of portfolio.


Disclaimer: This is a mock portfolio and all trades referred in the the context of this mock portfolio are purely hypothetical based on actual prices observed during actual trading. This mock portfolio only serves merely to demonstrate the methods in my stock picking and trading strategy and does not represent a solicitation or recommendation to buy and sell any security or financial instrument. The author and/or interested parties may have positions in the stocks mentioned. The content on this site is provided as general information only and should not be taken as investment advice. The ideas expressed are solely my opinions. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your inve…

Book Review: Bailout by Neil Barofsky

I recently finished reading Neil Barofsky’s book Bailout. This is the autobiographical tale of how a prosecutor from the U.S. Attorney’s Office in New York City ends up monitoring the spending of the greatest private sector bailout this country has ever seen -- that of the giant Wall Street banks that started in 2008.

I almost didn’t buy this book. By now, I’ve read so much (books, magazine articles, blog posts) about the financial crisis, that I feel like my cynical carapace has grown a cynical carapace. But I liked the idea of getting a fresh perspective, and I’ve enjoyed some of Barofsky’s commentary on the Internet.

So, in slideshow deck fashion (without the actual annoying slideshow deck), here are six impressions of Bailout and its message.

1. Geez, was Barofsky really that naive?

He often comes across as a bit too earnest and wide-eyed and incredulous, like he’s starring in the regulatory version of “Mr. Smith Goes to Washington.” Or maybe, again: I’ve just gotten really, really cy…

Fran Capo Hopeville The City of Light

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This week my Celebrity friend the fabulous Fran Capo is back at Celebrity English with a fantastic new book that will change your life for the better! 

Fran Capo's Hopeville "The City of Light" is out!  This is one 5 STAR BOOK you don't want to miss!   Just wait until you find out how this book came to life, "Literally"!  






INTERVIEW "Hopeville: The City of Light"
Alex Graham:  Fran Capo has a fantastic new book out called "Hopeville: The City of Light".  Fran can you tell us a bit about Hopeville. 

Hopeville The City of Light at Amazon!
Fran Capo:  Hopeville is a very simple story about 4 people, a mother, a little boy, and old man and a successful business man who one night all pray for the same thing. They are having a tough time in lives at the moment and are praying for help. An Angel of light comes to all of them with the same message and they are each asked to carry out their part. Each of thinks they are not capable of such a big…

Eject! Eject! Acquire new drummer!

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Hey Eject! Eject! Fans, as you all probably know, the band has been in need of a new drummer since the previous drummer went AWOL... Luckily a new drummer has been found, although we can't reveal any details, yet. There is however this picture that might give you a clue as to who he is...

Trader's Diary 25/7/13

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By Smoking Gun

Been swamped with work and a stream of friends and relatives visiting all at the same time during the last few days, so not been updating my blog on a daily basis. A few trades were done in the mock portfolio. Here is how the portfolio stood at day end.

Disclaimer: This is a mock portfolio and all trades referred in the the context of this mock portfolio are purely hypothetical based on actual prices observed during actual trading. This mock portfolio only serves merely to demonstrate the methods in my stock picking and trading strategy and does not represent a solicitation or recommendation to buy and sell any security or financial instrument. The author and/or interested parties may have positions in the stocks mentioned. The content on this site is provided as general information only and should not be taken as investment advice. The ideas expressed are solely my opinions. Any action that you take as a result of information, analysis, or commentary on this site is ulti…

The Debasement of Major Currencies Crash & Asset Class Returns As At 30 June 2013

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By Guest Blogger, Salvador Dali, Malaysia-Finance June was a torrential month. We had people running for the escape shutes just on the likelihood of QE being tapered down in the near future. In reality, its just the usual holiday season for most finance industry people ... as usual when there are not much going on, it takes little to move things down. Then the whole world searched high and low for reasons to explain that phenomenon. Many times, its just profit taking. Because seriously, look how easy it was for markets to return to some normalcy? You tell me that what started the rout in inescapable fear and loathing, suddenly reversed course.

Emerging markets stocks and bonds took the brunt of the hit. Remember this trend, when the markets crash due to the finality of the debasement of major currencies, this is what will happen, magnified 5-10 times at least. Just look down the asset classes, every single one except cash is down. Remember this ....



The funny thing was that gold even wen…

Smear Campaign against Palm Oil Industry

This article is originally published on Salvador Dali's blog Malaysia Finance Blogspot. The author, Mr Koon Yew Yin, is a well known Malaysian investor and many regard him as the Warren Buffett of Malaysia. Best known for being the one of the founders of IJM and Gamuda, Mr Koon is also a philantrophist and writes regularly on issues that is dear to him.
Fight the Smear Campaign against the Oil Palm Industry Koon Yew Yin A few weeks ago the sky was covered with smoke from the burning of forests in Sumatra to clear land for agriculture. Many in Malaysia and Singapore were affected by the haze.  Some observers in the west used it as an occasion to bad-mouth the oil palm oil further. In this article, I will try to share some facts of life in the oil palm industry so that Malaysians will not join the western world in their smear campaign. Firstly, we must remember that the west had cut down their forests and trees centuries ago to develop their countries.  Malaysia and Indonesia are both…

Cory Monteith of Glee! Tribute

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Unfortunately another wonderful actor has tragically passed away.  This week, the talented international sensation Cory Monteith of Glee was found dead on Saturday at the Vancouver  Fairmont Pacific Rim (Canada) by Hotel staff.  He was only 31.  Cory will be missed by millions of fans & friends.
This week, as a tribute I wanted to give everybody a bit of information about Cory Monteith and his career.


Highlights
As an actor based out of Vancouver, he had minor roles on such television series as Stargate Atlantis and Smallville before an audition tape of him singing "Can't Fight This Feeling" helped to land him the biggest role of his career, Finn on Glee, introducing him to an international audience as a high school quarterback who is at first reluctant to join the high school singing club. In later seasons, the character had graduated but returned as a singing coach. Following his success on Glee, Monteith's film work included the movie Monte Carlo and a starring …

Trader's diary 12/7/13

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Disclaimer: This is a mock portfolio and all trades referred in the the context of this mock portfolio are purely hypothetical based on actual prices observed during actual trading. This mock portfolio only serves merely to demonstrate the methods in my stock picking and trading strategy and does not represent a solicitation or recommendation to buy and sell any security or financial instrument. The content on this site is provided as general information only and should not be taken as investment advice. The ideas expressed are solely my opinions. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Added a new position today, 100,000 shares of Kreuz. No change on previous positions.

Normally, I would not buy a stock where the M Index is just 143.43.. but if you look at the previous days, the trading volume was virtually non-existent, so even at…

Trader's diary 11/7/13

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By Smoking Gun
Disclaimer: This is a mock portfolio and all trades referred in the the context of this mock portfolio are purely hypothetical based on actual prices observed during actual trading. This mock portfolio only serves merely to demonstrate the methods in my stock picking and trading strategy and does not represent a solicitation or recommendation to buy and sell any security or financial instrument. The content on this site is provided as general information only and should not be taken as investment advice. The ideas expressed are solely my opinions. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

World equities rallied on 11/7/13 in the aftermath of Bernanke's comments. Dow and the S&P 500 registered new highs at the close of trading. At home, the Straits Times Index surged 1.9% earlier. Despite that, it was not really …

Model Portfolio - Start Date 10/7/2013

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By Smoking Gun

Disclaimer: This is a mock portfolio and all trades referred in the the context of this mock portfolio are purely hypothetical based on actual prices observed during actual trading. This mock portfolio only serves merely to demonstrate the methods in my stock picking and trading strategy and does not represent a solicitation or recommendation to buy and sell any security or financial instrument. The content on this site is provided as general information only and should not be taken as investment advice. The ideas expressed are solely my opinions. Any action that you take as a result of information, analysis, or commentary on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

My Trading Journal
I started this blog to record my thoughts and ideas on trading stocks. There are many blogs and forums on Singapore equities and some of them are really informative and insightful. I don't intend to go that route …