Author: Got Money, Got Honey!

Good Business, Bad Investment?

Many people think that stocks are just alphanumeric digits that randomly go up and down. They tend to forget that behind every stock is a business. Anyway, guess who I am talking about? Clue: Credits: Me SHAKE SHACK!! When I stayed in Brooklyn for 2 weeks, I think I ate Shack Shake like 4 times. I would have eaten it more if I had the chance, but the queues and select locations didn’t make it possible for me to enjoy those mouthfuls of heaven. They have a few locations around Manhattan, they have long queues (think llao llao kind...

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Extreme Trading Idea?

Tiho at A Short Side of Long is my personal man-crush for being one of the most astute value investors that I know of, constantly flagging out extremes that could be the turning point of a major trend reversal. He spotted this extreme in the currency market that I think mean-reverters might be interested in taking a look at. And no, it is not the EUR/USD. The EUR has a very serious fundamental reasons why it is sinking and the tail risks are actually pretty fat in my opinion. The market that he has singled out is Australia. To...

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[SGX Portfolio] January 2015 Update

Hi everybody, To all those that have seen my previous monthly, you would notice that this month it has changed quite a bit. This is due to the new change in the SGX as well as a new method of caluclation that I will be using. With the change of calculation, my previous individual monthly updates are slightly wrong. I don’t know if I like this presentation format the best, but it’s a work-in-progress. As mentioned previously, this will be my attempt at having a monthly update of my SGX portfolio. I have also updated that page to include...

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Buying REITs with NAV Premium?

Above is the chart of Cambridge Industrial Trust. I went back to trawl through their press releases and I graphed the NAV from the day after the results are released until the next results are released. I did not take the date last reported because it is not useful. We will only know this updated information the date after the announcement, which is why I used that date. Interestingly, just recently back in May 2014, this REIT was trading at 12.95% premium over it’s NAV! Currently it is trading at NAV. After reading the REIT Bible and many other...

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Recap Of Last Night’s Battle

As pointed out previously, the 100DMA (and the less obvious 150DMA) are the lines in the sand that will require a hero to save us all. Of course it comes to NO surprise that it is yet again someone from the central banks that comes in and talk stocks up. I mean, who could have seen this coming? Yellen said that there would be no rate hikes soon. Interestingly, following yesterday’s Silver Smackdown, CME is upping silver margins by 11%. The effect is that there is less money able to chase around Silver. I think it will actually help...

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This is where we hold them, THIS IS WHERE WE FIGHT

SPY now be like…   Thanks to Marketchess for pointing this out. The 100DMA and 150DMA seems to be where the bulls and bears are now deeply engaged in bloody hand to hand fighting. I like his point how these are not an the typical periods for the moving averages. To me, this makes it more important because the herd traders aren’t fighting this fight. It’s the veterans fighting upfront to decide the fate of their armies. A close up look at this last line of defense. Bears wanna see a close below the 150DMA while the bulls want...

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Watch Out, Oil Train!!!

“What’s that?” “Oh, that’s the Long Oil Train!” Oil sagged lower last night during the US open. Don’t worry, it’s all good because Oil at $43.XX is “unambiguously good” for the economy, right? Right? Unfortunately, I don’t think that lower oil is good for the economy (in the US) and I also still don’t think we’re done with the drop in Oil. Jesse from The Felder Report has my same sentiments about Oil. (and he holds the same view for the Short Bonds Trade) If “bull markets are born on despair,” I just don’t seen any in the energy...

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Gold Is Higher Yielding Than These "Safe" Assets?!

I’ve said it once, and I’ll say it again: Gundlach is a brilliant man. Not only does he look badass with that sexy goatee, he is a great manager and I think he is one of the few no-nonsense, no-bullshit people around in the industry. He doesn’t give views to conform, he gives his views straight up, whether you like it or not. Perhaps that is why he has been such a fantastic manager. I don’t agree with everything that he says (long USD trade), but when it comes to bonds, this man knows his shit and I give...

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Take Out Your Tinfoil Hats!

I know a lot of people think I’m borderline mad some days, but the truth is, I probably am. Just like AK, I was reading the news about Suisse International and their gold scam. Please be careful when buying precious metals! I think the main appeal of precious metals is the complete absence of counterparty risks. Why would you want to leave it with somebody else? There are plenty of reasons to own some precious metals in your portfolio, but I’m not gonna preach it. Either you believe it, or you don’t. Nothing I say is gonna convince you....

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