Short term, Long term

Short term (as in next few days) strategy, will be to do nothing.
Below is S&P 500 Daily chart, the big dip in previous few days is visible.
Remembered Mike Maloney, the guy who keeps selling silver, mentioned a theory called 'dead cat bounce'.
There is a chance that the stock market next few days may display this phenomena.
It is when there is a big crash, the market will rally slightly upwards ( not higher than previous high ), then proceed to crash further again.
But it may not be the case too, cause earnings are generally going strong.
I will just rest for now, and wait for my 3rd fund to enter my Ameritrade account.

Long term, I am bullish on Big Data, AI.
Putin said, who ever wins the AI race will control the world.
And AI depends on the size of your data.
That is why I am enamored with Google.
I also love their products too.
Other AI related companies are Facebook, Amazon, Nvidia.

Hi Tesla and Tableau, Ali maybe not now

Bought back 3 Tesla shares using Ameritrade account.
Some of the reasons that I am reminded why I liked them :

• Sales per share is so high compared to Price of each share. $11 to $82
• They sell solar, which may be the energy of the future
• They have the giant Gigafactory. If clean energy picks up, they can capitalize on it
• It is hard to stop Elon Musk when he wants to achieve something
• Etc.

Also bought 10 Tableau shares.

• Their Sales per share is also high
• I have been using it in office for 6 months, it is like the advanced version of Excel
• When there are many people that have equivalent Tableau skills like me and makes me seem ordinary, at least they are helping me in some ways to boost my shares
• Popularity can only keep rising as more companies embrace more efficient data analysis (unless another Tableau competitor makes it obsolete)

Also considered re-purchasing Ali Baba which I sold in IG account
But did not.
Even though they invested in numerous companies (Lazada and SingPost) that I see potential
And also they can help me capture the rising wealth of China's middle income

• I did not after looking at their Sales per Share.
• Their Share Price is $183, their Sales at $13 even though it is growing.
• I still do not love them enough to buy them yet.

Ascenda India Trust

Bought once and sold it before.
Now I am hoping to buy again.
Price dropped to 1.05, few weeks ago was 1.13.
Still not very clear about how to analyze REITs.
Read that PE ratio does not work for REITs.
So I use the following logic.

What is the Dividend Yield?
Do you think the properties will be in demand in future?
If so, there is a chance they may be able to charge higher rents for it.

I am bullish on tech.
India has massive tech talents there.
The country is growing faster than China now.

Bye intel, for now maybe

Sold Intel shares on my IG account today, after it rose 1.7% and my profit/loss is neutral.
Now the shares in my account looks cleaner. One less share, one less daily fee.

Market tank, good timing for new Ameritrade account

Big drop in stock market past 2 days.

Took the chance to clear out stocks in my IG market account.
I opened an Ameritrade account, they have an office in Singapore.
Got to know from my friend that they do not charge any fee for holding onto your US shares.
But I will still keep my Uniqlo shares inside, as Ameritrade do not offer Japanese shares, and I can still use their platforms for some analysis.

The below was before the market opened, and before I sold some shares.

The following is after I cleared some.

I sold Ali Baba, Tesla and Tableau.
Ali Baba was because it rose slightly to become no loss.
Tableau was because it spiked sharply in the past few days, but went down slightly.
Tesla was because it did not dip as badly as the others.
So my rational was to sell stocks that were not badly affected by the market-wide drop.
Because if the market continue to tank, these stocks will be hit more to compensate.

At the moment, I am happy that I managed to reduce my holdings in IG market, which the daily cost of compulsory leverage are taxing my day by day.
If the market continues to dip, I will be looking to increase my Google shares using Ameritrade trade.
My next target to buy is 1000, which is the next Support Level.

The main reason why I reduce the size of my IG account is so that if the market continues tanking, I will have a good proportion of funds to seize the opportunity.
I may also start buying some SGX shares, as there were also some heavy dips there.

Tableau added

Been in a new job for 2 months, I am very glad that I have gotten quite familiar with using Tableau.

I was told it was one of the Holy Trinity for data analyst, the other 2 being Excel VBA and SQL which I had experience with.

I just bought 1k SGD worth of Tableau shares in IG platform.

Currently the US market is soaring. So are my Uniqlo shares.

How do I get an idea of a company that has not made profit yet, but I see it as a potential?

For me, I look at the yearly sales, and market cap.

Lets say market cap is 5 billion, yearly sales is 1 billion. 

If there is no cost, PE ratio is 5. This is just a lazy way for me to get some idea.

Currently markets are soaring. 

I am always waiting for a crash to grab shares.

But no one knows when, and it has not happened for close to a decade now.

So I should buy small amounts whenever there are small chances.

But at the same time, balance so that I have a bag of money to throw when crash really comes.

Tableau actually fell more than 40% in Feb this year to around $50.

It rose to around $80, and crashed 10% few days ago.

I bought it at a OK price at around $70.

The world may be dominated by tech companies in the future, so it is better I accumulate to mitigate my fears.

Analysing REITS

At the moment, I want to increase the portion of Singapore REITs in my portfolio.

Currently, dividend yields of my portfolio is low.

REITs is different. 

To know the PE ratio, you have to exclude depreciation, and sales of asset from net income.

And I have to download their FY publication, as my broker info is less accurate.

There are many variations in financial reports.

But the best is to go directly to their income statement.

Ignore the Net Property income, as it does not consider the management salaries.

Go to income after tax, exclude depreciation,  and fair value changes.

Use Market cap to divide by the above income to get the PE value.

PE should be market cap divided by earnings and preference dividends, but I am more conservative to exclude preference dividends.

I bought Ascendas India REITs a few days ago without knowing how to evaluate the PE ratio. 

Today, I found out the PE ratio is around 18. 

Even though there is growth potential, I think I will try to dispose it tmr.