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The plethora of earnings keep coming and this week, we will be taking a quick look at Paypal Holdings Inc [Nasdaq: $PayPal(PYPL)$ ] which will be reporting on the 27th April on Wednesday after market close.The share price looks like it will break the last low set on the daily chart while it is keeping its important support on the weekly chart. If this support breaks, we are likely to see $75 coming next and this might come as soon as earnings this Wednesday should it disappoints.Let’s take a look what might be in store for this week’s earnings preview.Q1 Earnings Preview:All eyes will be on its Q1 earnings after management sets a weak trajectory growth for Q1 back during earnings last quarter when it guided for a weak negati

Interest rates are going up!For those who have not been following the market, the Federal Reserve is expected to raise interest rates by at least 25 basis points in each of the remaining 6 meetings this year. Together with the earlier which was raised, we are looking at approximately between 1.9% – 2.2% by the end of 2022 and even higher going to the following year.What this means for homeowners like us (myself included) is that this will have a massive implications on how we will be financing our mortgage interest for the next foreseeable future.To give a little context for those who are new to the blog, we’ve purchased our second home not too long ago right before Covid and we locked in a 2-years floating rate back at the time when interest rate was still very low.This was in f

Over a hundred emails and comments came to me in the month of March as we’ve seen one of the most turbulent and turmoil in the market with the uncertainty of the inflation, war and the Chinese routs destroying the markets right there.‌If you’ve survived that series, give yourself a pat in the back.‌That was certainly not easy to swallow.‌I was out for a short 5D4N cruise during the school holiday when it all happened so I took some time away from the massive noise created during the week and by the time I was back, the market has recovered somewhat.‌There was not much updates to this month’s portfolio other than a few more accumulation which I will detail below.‌First, I added more Tencent shares and while I didn’t manage to add at the bottom, it was a relatively decent accumulat

$CSOP iEdge SREIT ETF US$(SRU.SI)$ $CSOP S-REITs INDEX ETF(SRT.SI)$ Over the past decade, REITs have emerged as one of the most popular investment vehicle for yield-hungry investors who are looking for stable passive income play in the local Singapore market.‌High dividend – combined with a few other factors such as strong governance, liquidity and stability – have enhanced the attractiveness of such assets that appeal to many investors looking out.‌This year, with the growing concern of rising interest rates due to inflationary expansion environment, will bring about an unprecedented test to these popular asset classes, who have grown tremendously and did very well under the

I’m going to do an early update to the portfolio for the month of March as it is the start of the school holiday next week and our family will be going for a cruise trip round-about to spend the week.This has been a torrid horrible month for most of equity investors as the war between Russia and Ukraine escalates and send the market plunging down lower. This reminds me back in March 2020 during the low of Covid when my portfolio plunged by as much as 30-40% month on month before recovering the following month soon after that. I believe we are no different and the only difference is we do not know when the recovery will takes place (just like most other events in the market where this is an unknown).The tech stocks were one of the sectors which were impacted the most – given either by their

On Feb 7 this year – right about 3 weeks before the announcement of their Q4 results – I posted an article about shorting $Sea Ltd(SE)$ at the range of about $160ish, which is at their top end of the resistance line. Since then, the company has gone sideways in terms of the share price until the recent announcement of the Q4 results which sends the company plunging down to below $100 at yesterday’s closing. It has since lost about 74% of its market cap since it last hit a peak of $372 on 19th Oct 2021 and it has lost about 40% since the announcement of the results just this week alone. Macro & Micro Headwinds Create a Perfect Storm There were signs during Q3 that Garena was slowing down in terms of sequential growth quarter to

MercadiLibre ($MercadoLibre(MELI)$ ) will be announcing its Q4 2021 results tomorrow on the 22nd Feb 2022.Price action has been on a downtrend for the e-commerce giant since it formed a double peak last Sep 2021 at ~ $2000 and since the entire e-commerce sector has been out of favour. In addition, the double digit inflation risk in South America puts additional pressure on the risk premium investors have to account when valuing MELI.We think that there is a strong chance that MELI will plunge after it announces its earnings tomorrow and we have set a target at the end of this week at $630 (32% downside risk). This number also coincides with the gap it has back in May 2020 which has not been filled so there is a good likelihood this wi

2022 has been a reversal of fortune as the bear starts to attack the US market, mostly the smaller and midcap in the tech sector which were hit the most.Don’t get me wrong – my positions for most of the Chinese tech is still going nowhere in 2022, but if I just do a simple comparison, I think I am fortunate that it fares a lot better than most of my peers who have the majority of their positions in the US market and are currently down 30-40% YTD while some of the smaller caps are down as much as 60-70%. Basically, they had almost thrown out all the gains in 2021 and the majority of the gains in the 2H of 2020.A quick health check-up across my positions still see me down by about 18% for Baba, 8% for Ping An and 15% for ISHARES HSTECH. The worst losses are in Huya (down by 53%) and China Ea

$Sea Ltd(SE)$ Market is in an unforgiving mode this year after we’ve seen a battered meltdown in many growth technology and e-commerce stocks. While most of these companies are still in positive territory after their strong run-up during Covid, many of them are starting to give up their gains in the past couple of months. The past couple of weeks we have seen a few notable companies with the likes of Netflix, Meta, Paypal and Shopify taking a beat from the market after earnings. With earnings still to come from many of the other companies, we could very much see a repeat of the same. This article is about SEA Ltd and in this article I will explain why am I not a buyer at the moment despite the shares already crashing more than 60% to

PayPal Holdings slides after it announces its Q4 and full year earnings post-market.This was a dejavu to the announcement made for Q3 when it suffered the same fate after it plunged post announcing the earnings result.Let’s first take a look at what they have announced.Q4 and Full Year Earnings 2021:Going through the earnings announcement for Q4, it was not as bad as it seems at glance.Q4 topline revenue totalled $6.92b, which increased ~13% YoY from the previous year Q4 of $6.12b and ~12% QoQ from the previous Q3 quarter of $6.18b.Q4 EPS reached $1.11, which increased ~2% from the previous year Q4 of $1.08 and flat from the previous quarter.Net new accounts added during the quarter was 9.8m, which slows from the previous quarter net adds of 13.3m. It ends the year with an annual active ac