Atlas Growth Acquisition Ltd

My interpretation is that SpaceX has temporarily stabilized. When is the next lock-up expiration? It should be less than a month. I feel like it will likely oscillate within the box of the issue price. To be honest, I participated moderately.

Hope everyone have a great week. If you are in profit consider taking gains. If you are in the red, do not have a gambler mindset and all-in in position sizing. Markets are uncertain so trade wisely with systematic instead of emotions.

Markets like to climb when people don’t expect it to. It’s just how sentiments are. After a pullback of a prolonged duration like what Tech went through, most expect a bounce. But as the bounce gets higher and nearer to the ATH, that’s when everyone turns bullish again.

What is interesting about this market is that despite making new highs, many especially retail remain skeptical and doubtful. Technically, the charts look bullish if they continue holding the levels they broke above. And they are doing well. All these makes me lean bullish.

A big congratulations to all three Singapore local banks! They really gave every shareholder a wonderful National Day gift with their strong results and dividends payouts. 🇸🇬

But after the celebrations, let us pause a while and think carefully before you decide to keep on continuing DCA into bank shares at current valuation. Be practical and prudent.

Cheers and happy National Day 😘

The strength of Singapore bank stocks, beyond the numbers on financial statements and reports, allows retail investors to gauge the security of banking performance based on Singapore's relatively stable political environment, its still-growing economy, and the continuous influx of foreign population. Benefiting from local banking business and foreign capital, the choice of overseas individuals to use Singapore as a safe haven for wealth banking serves as ammunition for performance assurance. However, even the most stable blue-chip stocks have cycles and volatility; establishing proper expectations and position management is also recommended stock trading practice.

The SG banks are doing majority of the heavy lifting on sgx. The rest are lagging..