khunjake

As a retired professional, I have in tandem spent the past 20 years trading and investing in the US stock market. As my interest in this has increased dramatically over the past several years, I figured that I would open up a new thread and welcome other members insights and outlook. Current MarketView as of 22 February 2024: After a blistering rally off of the October 2023 lows, stocks in general appear to be quite over extended and unusually overvalued based on next years EPS. Usually when the $SPX has rallied over 20% from its last swing lows, a correction in the 10% range shortly ensues. In addition, the level of market cap concentration of the Mag7 stocks compared to the rest of the market is at .com 2000 levels which is very concerning. With massive eyes on NVDA these last several weeks, in anticipation of a blowout earnings report, the news will likely trigger a climax here shortly. (Buy the rumor, sell the news event.) “Topping is a process while bottoming is an event.” I am 100% in cash presently and looking to open up strategic short positions on strength in anticipation of a move down to 4400-4500 in the $SPX by late-May / early-June timeframe.

Yep, its very scammy of them to allow you to send them money first only to be sent an email asking for a bunch of proof about that money. If they had cared at all about customers, their system would halt you from sending anything first and asking you to fill in a transfer approval form of sorts and wait for confirmation that the transfer request has been approved. This is why I will never use them anymore. The trust is simply not there.

Deformed growth like that from my experience is from heat/light stress. Common with young plants as an environmental issue.

Had the same thing happen to me and the transfer was delayed several days as a result. That was the last time I used them. Have been using K-bank app for my international transfers since then with no issues whatsoever and the fees are only slightly higher but with way less hassle. DM used to be pretty reliable and without hassles but my last experience was totally unacceptable and I simply don’t use them anymore.

If anything, the Fed will be forced to jack rates higher in light of yesterday’s CPI report. Bonds and gold took it on the chin.

I did exactly this at BKK upon departure with no hassles whatsoever. Yes they will escort you to the desk but it only took 5 minutes. Much better then hassling with a separate trip to get stamps transferred.

One would think with the countless tragic “accidents” just in this past year that some changes would be made regarding road and driver safety but nothing ever changes here does it. With the countless casualties from buses and vans all operated by morons and yaba-induced lunatics, anyone getting on these is simplytaking their lives for a spin on the wheel of death.

I would say around 2014/2015 something seriously changed with BKK taxis. They have mostly all gone completely mental and have become very dangerous to hire and ride with. We have had our fair share of incidents but nothing like what happened to my mate, his wife and newborn son. Won’t even get into it here. When in BKK, we either take mass transit or Grab ride (not Grab Taxi).

This one’s going down in the morning. Gorilla Cookies auto at her max 90 day run. Fully plumped up and ready now. Frost bursting at the seams with the fattest cola we’ve seen on any greenhouse auto. Bit of a tip for you guys to get bigger outdoor/greenhouse yields. Sprout your seeds and veg for the first 3 weeks indoor under 18/6. Then push them outside. They will have much better developed root systems and will flourish much more.

Thailand ETF which trades in the US already down 5.5% YTD. Off to a great start (chuckle). Compared with the S&P 500 which is up 5.4% YTD. The tighter they turn the screws (especially on expats) it further shrinks the investable asset pool. Thankfully our investments remains well out of this country and the performance is well, significantly better as a result.

Thanks for the update. Still smooth going it seems and still much easier in my view then dealing with in country extensions and the ludicrous application process that it entails.

I would say Thailand pre-2008 was really a much more pleasant and peaceful country to visit and stay. First it was the Russians and then the locusts. It all went downhill from there. As a western person, you could easily glide in and out on just tourist exempts without any hassles. Then the suits were dropped and the uniforms came on. It was finally laid to rest at that point.

The build quality of condos have also deteriorated rapidly in recent years as well. Imagine buying a condo only to have paper thin walls and ceilings so that you can hear (and feel) every word and motion of your “quiet” Chinese neighbors.

Gofug yourself..

At 150 baht a pop for foreign ATM withdrawals, the banks will be ringing up the profits as usual. Anyone seen the FX exchange booths at the airports lately? A 5% rip off from the cash rate in the city and the chinese line up in droves to use them.