The month started well but concern over the spread of Wuhan coronavirus virus dominated market fears towards the end of the month. Covid-19. The only keyword that determines market movements these days as investors sold down boutiques near me s globally as markets started to price in the risk of a global recession as the virus continues to spread further beyond Asia. Covid-19 and oil price. Tesla (TSLA) – Tesla (TSLA) continues to hover around $1,400 as Wall St price targets continue to be upgraded. Given the huge resistance at $1.10, it is going to be some time before the price will hit my TP. The key is still to spread my purchases across stocks and at various price points. I will still continue to focus on less volatile stocks, and selectively increase my stake in more deep value stocks. A few mint tea packs stashed in places everywhere throughout the house will keep flies out of those zones.
Frustrated with having to read news, reports, analysis to keep up with the latest information, the creation of stockmarketmindgames blog allowed for the latest market outlook beforehand to be broadcasted through one specific medium. However all this involve a good deal of involvement and plenty of analysis still as time. We all want to follow our passion and spend time doing the things that we love. As such, it will be a good time to do some review and reflections for my investments in 2019 and prepare to tackle the markets again in 2020. Happy Holidays! GW Pharmaceuticals (GWPH) – Topping the list of Marijuana stocks for 2019 is GW Pharmaceuticals plc (GWPH). You want to own stocks that don’t tend to move together. However, I have stepped up my pace of buying as some stocks have corrected to decent levels. I have also accepted the following voluntary delisting/cash offer this month – Tee Land. I have also accepted the following voluntary delisting/cash offer this month – Citic Envirotech. I have participated in the following rights issues this month – Asia Medic and Vibropower.
I have bought the following companies from the market this month – Avarga, Amara, Bukit Sembawang Estates, Chuan Hup, Dairy Farm, Delfi, EnGro, F&N, Far East Orchard, Frasers Property, GK Goh, Guocoland, Hong Fok, Hong Leong Finance, Hongkong Land, Hotel Grand Central, Hotel Royal, Hotel Properties, HRnetgroup, Jardine C&C, Jardine Strategic, Khong Guan, Lion AsiaPac, Metro, NSL, Sembcorp Industries, Singapura Finance, Stamford Land, UIC, UOB Kay Hian, Wing Tai and Yeo Hiap Seng. I have bought the following companies from the market this month – Amara, Bonvests, Bukit Sembawang Estates, Chuan Hup, Delfi, Far East Orchard, Frasers Property, GK Goh, Hong Fok, Hongkong Land, Hotel Grand Central, Hotel Royal, Jardine C&C, Jardine Matheson, Jardine Strategic, Khong Guan, Koh Brothers, Lion AsiaPac, Metro, Pacific Century, Sin Ghee Huat, Sing Investment & Finance, TIH and UIC. I have bought the following companies from the market this month – Asia Enterprises, Amara, Bonvests, Bukit Sembawang Estates, Chuan Hup, Dairy Farm, Delfi, F&N, Far East Orchard, Global Testing, Guocoland, Hotel Grand Central, Hotel Royal, HRnetgroup, Intraco, Jardine C&C, Jardine Strategic, Khong Guan, LHT, Lion AsiaPac, Mandarin Oriental, Metro, NSL, Sembcorp Industries, Sin Heng, Sing Investment & Finance, Singapura Finance, Tan Chong International, UIC and UOB Kay Hian.
With most companies having financial year ending 31 December 2019 changing their scheduled AGM dates mostly in April to a later date due to Covid-19, they are expected to push back their dividend payment dates too. Companies in the list reporting their full year result for FY2019 had been mostly maintaining or cutting their dividend payout, in anticipation of tougher times ahead. It is still early days yet to determine the full impact of this Wuhan coronavirus virus. Most of the other stocks in the list lost ground though, due to market selloff on fears of Wuhan coronavirus virus. I am also careful not to introduce a lot of volatile stocks into my portfolio, as that might hurt it if the market goes through another round of sell down. Both of these IPO’s sold off heavy on Monday and might be oversold. This stock will be on my radar for a potential trade on Monday. stock Market Astrology states that Planetary Cycles do influence Economic Cycles. These are two main factors contributing to market performance this month.