Trading
Cory Diary : Recent Trades
By CoryLogics  •  December 4, 2024
Banks In recent days, bank stocks have experienced a notable rise. Following a recent round of rebalancing, I observed a directional split between DBS and OCBC. I took the opportunity to sell some DBS shares and reallocate to OCBC, which helped trim my oversized DBS allocation of over 26%. In my view, while DBS is still buoyed by share buybacks and is undergoing a CEO transition, this move serves as a mitigation strategy regarding the new CEO and aims to secure a larger dividend from OCBC. This is a defensive measure. I am still deliberating whether to allocate more fresh funds into this segment, which currently constitutes nearly 40% of my equity portfolio. Sheng Siong There appears to be a near-term peak based on the Relative Strength Index (RSI), alongside a positive trend in the Moving Average Convergence Divergence (MACD). Broadly speaking, recession fears seem to be subsiding. However, there has been...
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By CoryLogics
I am not an investment adviser. Nothing herein my blog constitutes investment advice. Is my personal believes that not everyone has to go through the hard way. This blog also serve a purpose to help me record my understanding and personal learning growth. I sincerely welcome all comments.
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