The market is putting people to sleep. I just don’t see much changes in earnings that shows earnings will improve in a meaningful way. The dividend stocks have been doing ok but I am not adding much. If I am adding its just that I am familiar with them and are edging in from the technical perspective and NOT because they present a huge margin of safety. This means that I would have exited when I see a good profit can be realized or that there is a sniff of danger. Now is a good time not to be too itchy fingers. A low yield environment makes equity look more attractive than debts.

Transactions Since Last Update

There are not much transactions other than increase purchases in China Merchant Pacific. I sold off SPH and M1 again when I see a good profit can be realize for stocks that do ......