Posts

Wolf Money(world market review 26 Jul - 01 Aug 2021)

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Navin Rawanchaikul Thailand 1971  Rirkrit Tiravanija Argentina 1961 Cities on the move 6 circa 1999 Collection of The National Gallery Singapore  Market Summary 26 Jul – 01Aug 2021 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - US consumer sentiment fell to 5-mth low at preliminary reading 80.8 in July  + US Senate voted to advance trillions of infrastructure packages after weeks of negotiations  + US key inflation barometer closely followed by Fed gauge up 3.5% annually in June for fastest gain since 1991 + US consumer spending up 1% in June, faster than expected  + US GDP rose 6.5% in Q2, below estimate 8.4%, initial claims for unemployment at 400,000 vs 380,000 expectations  - SEC blocks Chinese IPO filing until risks better disclosed  + US equity funds saw strong inflows in the week to July 28, bolstered by optimism over earnings and faster recovery  + Biden wants US automakers to pledge 40% EVs by 2030: source  + Fed holds its benchmark interest rate near zero, says economy has gotten better even wi

Wolf Money(portfolio update end July 2021) long post!

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Lone Wolf Fund(LWF) Portfolio as at end of July 2021. 1.)  Thai Beverage PCL 2.)  Pico Far East (hk.0752) 3.) Cash *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Commentary I am testimony of a living dinosaur. Who on earth still write or read such a long blog? Unfortunately I am not good at video making and I was not born with handsome good look to attract millions on Tik Tok. I choose to write because that is one way to express my thought better with my readers. The other ways are through quotes in the press and public speaking which I had done it a couple of times at sgx events during my days as a broker. I hope to convey as much thoughts given it is the only chance of the month to communicate extensively with you. I hope you bear with me for the next 5 mins. What are the similarities between Loki(the marvel super hero) and Covid-19 virus? They are both sneaky and both come with different variants. The covid delta varia

Wolf Money(book recommendation)

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The book written by Joanne Lai “Money Lessons from the Wild” used animals role playing to explain financial topics in a simplistic way. This book is most helpful for parents whom have kids age 7-12. I am sure parents with young kids will like to inculcate good money habits to their children early. The book use simple examples and illustrations to explain concept of money. The author has cleverly used animal characters to get the kids interested and to explain topic like compounding interest in form of planting more apple trees(saving) and adding fertilisers(compounding) eventually achieving more apples during harvest(return). As Albert Einstein quote goes “Compounding interest is the eight wonder of the world. He who understands it,earn it and he who doesn’t, pays it”. There are also some exercises where the parent and kids could get involved by comparing prices of soft drinks at different locations.  (About the author) Teaching financial subjects to the young kids can be tough but thi

Wolf Money(world market review 19-25 Jul 2021)

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Vincent Leow Singaporean 1961 Meat Shop circa 1989 Collection of the National Gallery Singapore  Market Summary 19-25 Jul 2021 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - Biden said inflation temporary; Fed should so what it deems necessary for recovery, pushes for more spending  + US GDP projected to accelerate 9.2% for April-June period: FactSet survey  + US Composite Output Index fell to 59.7 in July from 63.7 in June, continued to expand: preliminary data IHS Markit  + US struggling homeowners with certain govt-backed mortgages could get their monthly payments reduced by 25%  - Yellen urged congress to raise or suspend the debt limit by Aug 2 to prevent US govt from defaulting  + US sales of existing home rose 1.4% in June, after 4 straight mths of declines  - US jobless claims totaled 419,000 for week ended July17, above 350,000 estimate  + US all 3 major indexes at record closing highs on upbeat earnings and economic revival  - US introduces bill to lift social media protections over misinformat

Wolf Bargain(WXXB)

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Lone Wolf Investor is at 29 Tai Tiong Crescent. I am at Lao Zhong Zhong eating house for the Hgoh Hiang Wu Xiang Xia Bing(wxxb) by Lao Zhong Zhong(Quite a mouthful to say). WXXB laterally mean Five Spice Prawn Fritter. Wu Xiang is a meat roll marinated with five spice wrap in beancurd skin with finely diced chestnut to give it some texture. Prawn fritter is the thicker version of a prawn cracker.  (Sample size amounting to $4.60) Lao Zhong Zhong Wu Xiang is very well known in that area. I am not too sure if they have any link with Zhong Zhong Wu Xiang Xia Bing at Bt. Timah hawker centre. I guess by having the word Lao in front mean they are the more established authority and the cream de la creme of Five Spice Prawn Fritter. It sure didn’t disappoint. The taste is sublime, the chili dip is slightly on the sweet side, moderately hot. The chili dip has a sprinkle of peanut powder which give it a slightly thicker sauce. It goes very well with the food. The fritter is crispy. Tiny prawns o

Wolf Money(trailing stop Rex Int)

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The trailing stop for Rex Int which was in my punter’s bowl got activated this afternoon. I got stop out due to this afternoon selling nevertheless it was a profitable trade.I no long had any position in the company. Please follow us on telegram for the latest update on Lone Wolf investor by clicking on the link below  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever war

Wolf Money(world market review 11-18 July 2021)

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Affandi Indonesian 1907-1990 Burong Hitam, Matahari, Manusia (Black Bird, Sun, Man) circa 1950 Collection of the National Gallery Singapore  Market Summary 12-18 Jul 2021 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸  - US CPI hit its highest pt since 2008, reporting 5.4% YoY, used-car prices made up >1/3 of growth in top-line inflation  + US added 850,000 jobs in June, unemployment rate rose to 5.9%, wages up 0.3% for the mth and 3.6% over the year   - Fed will continue to provide stimulus until economy fully recovered, even inflation has hit the highest rate in over decade  + US retail sales rose 0.6%, unexpectedly increased in June as demand for goods remained strong  - US consumer sentiment fell sharply and unexpectedly in early July to lowest level in 5 mths on inflations fear  + US business inventories increased solidly in May, autos stocks declined  - US to warn firms of increasing risks of operating in HK - US Senate Commerce Committee asked Airlines to explain worker shortages despite receiving