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Weekly Market Commentary By H.E.R.O. (13 to 17 Sep 2021)

Following nearly 12 consecutive weeks of positive weekly gains, the Portfolio of Dividend-Yielding Global H.E.R.O. Innovators corrected -2% nett during the week as at the end of 17 Sep 2021, with gains since its inception on 28 Aug 2020 at +32.3% and a NAV of over S$39 million. Top 3 holding Swedish helmet safety technology…
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September 18, 2021 0

Weekly Market Commentary By H.E.R.O. (6 to 10 Sep 2021)

The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators rose +0.7% nett during the week as at the end of 10 Sep 2021 to extend its gains since its inception on 28 Aug 2020 to +35% with a NAV of over S$40 million. Top 3 holdings Swedencare +3%, MIPS +3.8%, Eckert & Ziegler +9.1%, while Top 10…
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September 11, 2021 0

《人间》

我来,为生而哀,睁开,泪儿带。 妈妈说,人间不坏,我在,哎~ 在万籁俱寂中盛开,染一身希望的色彩。 在虚情假意中侃侃而谈,在甜言蜜语中自满。 所谓人情世故只是踏入人间的门槛。 所谓成长只是肉体,你我灵魂皆不堪。 野心勃勃,欲求不满,浑浑噩噩,匆匆几年。 长明灯前的哀嚎,在飘远。 小小的盒子,盛着一生平凡。人总脆弱,会轻易长眠。 若化为尘土,一旦连感情都消散。 从此每逢许愿心中默念,不求富贵,不盼太美满。 保佑家人平安。 此生入人间,兜兜转转,无大过不止至善,只求安安稳稳归于平淡。 待赴彼岸,无怨亦无憾。


September 8, 2021 0

Weekly Market Commentary By H.E.R.O. (30 Aug to 3 Sep 2021)

The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators rose +3.4% nett during the week as at the end of 3 Sep 2021 to extend its gains since its inception on 28 Aug 2020 to +34.1% with a NAV of over S$40 million in its first-year anniversary. U.S. markets pared its weekly gains, with MSCI ACWI All…
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September 4, 2021 0

Weekly Market Commentary By H.E.R.O. (23 to 27 Aug 2021)

The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators is up +3.1% during the week as at the end of 27 Aug 2021 to extend its gains since its inception on 28 Aug 2020 to +29.9% with a NAV of over S$38 million in its first-year anniversary. A kinder, gentler Fed tightening is the key message from…
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August 29, 2021 0

Weekly Market Commentary By H.E.R.O. (16 to 20 Aug 2021)

The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators -0.1%. Taper hints, Delta fears, Supply Chain disruptions, and China slowdown+regulatory clampdown are hitting the markets in the biggest slide in a month that saw MSCI ACWI All World index -1.5%, S&P 500 -0.6%, NASDAQ -0.7%, Russell -2.5%, Europe in its second-worst weekly performance of the year led…
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August 21, 2021 0

Weekly Market Commentary By H.E.R.O. (9 to 13 Aug 2021)

The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators rose +1.7% nett, led by GARO, Nordic’s #1 highly-profitable leader in EV charger infrastructure solution innovator, which jumped +28.9% during the week after reporting excellent 2Q2021 results in which sales +43% and EBIT +82% with EBIT margin 16.1% (12.7%), driven by very strong growth in EV charging infrastructure solution…
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August 14, 2021 0

Weekly Market Commentary By H.E.R.O. (2 to 6 Aug 2021)

U.S. markets were pushed higher by stronger-than-expected U.S. employment data that showed strong job gains, a sharp drop in the unemployment rate and a rise in wages last month, which could push the Fed closer to taper asset purchases and a less dovish tone, sending economically-sensitive Cyclicals, 10-year treasury yields and U.S. dollar higher, while…
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August 7, 2021 0

Weekly Market Commentary By H.E.R.O. (26 to 30 July 2021)

The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators rose +2.2%, led by top 3 holding Swedencare which leapt +18.9% during the week after reporting 2Q revenue jump of +400% (1H2021: +322%) and operating profit +676% (1H2021: +384%) with EBIT-margin of 27.5% (17.7%) [1H2021: 26.9% (23.4%)]. Another top 3 holding Eckert & Ziegler rose +6.6% during the…
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August 1, 2021 0

Weekly Market Commentary By H.E.R.O. (19 to 23 July 2021)

U.S. markets stormed to new highs during the topsy-turvy week with one of the worst-ever market breath, overcoming a sharp sell-off on Monday and the biggest U.S. equity fund outflow in six weeks, while Asia and China stocks languished, with MSCI ACWI All World Index +1.4%, Topix -1.4%, TWSE -1.8%, MSCI China -0.6%, Hang Seng…
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July 24, 2021 0

Weekly Market Commentary By H.E.R.O. (12 to 16 July 2021)

The Portfolio of Dividend-Yielding Global H.E.R.O. Innovators rose 1.1% during the week while U.S. stocks registered their worst weekly performance in at least a month, with S&P 500 -1%, Nasdaq -1.9%, Russell -5.1%, ARKK Innovation ETF -7.2%, and cloud software ETFs tumbled -3.7% to -5.1%, as data showing a fall in consumer sentiment overshadowed an…
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July 18, 2021 0

Weekly Market Commentary By H.E.R.O. (5 to 9 July 2021)

U.S. stocks registered more fresh record highs, rebounding on Friday from the biggest one-day drop in about three weeks on Thursday fueled by concerns about global growth amid the spread of Covid-19 variants, even though Russell 2000 index retreated -1.1%. Thursday’s mini rout started with one of the ugliest market opens in history in the…
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July 10, 2021 0

Weekly Market Commentary By H.E.R.O. (28 June to 2 July 2021)

U.S. stocks closed at new all-time highs during the week ahead of the July 4th Independence Day, after Friday’s “Goldilocks” jobs data for June came in better than expected, with S&P 500 rising +1.7% to produce its second-best first-half of a year since 1998, but Russell retreating -1.2%, with fewer stocks participating in the latest…
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July 4, 2021 0

Weekly Market Commentary By H.E.R.O. (21 to 25 Jun 2021)

Major U.S. stock indexes reach new highs and the 10-year Treasury yield headed for its biggest weekly increase since March as reflation trades regained appeal after U.S. President Biden sealed a $1 trillion bipartisan infrastructure deal with legislators, down from the $2.3 trillion Biden initially hoped to secure. The new infrastructure bill will include $579…
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June 26, 2021 0

Weekly Market Commentary By H.E.R.O. (14 to 18 Jun 2021)

U.S. markets suffer its worst week in nearly four months after Fed policymakers on Wednesday projected that interest rates would rise twice from record-low levels by the end of 2023, from their earlier forecast of 2024, a signal that the US central bank would act to tame inflation, an unexpected hawkish pivot as traders had…
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June 19, 2021 0

Weekly Market Commentary By H.E.R.O. (7 to 11 Jun 2021)

Markets were mixed during the week, with U.S. edging up (S&P 500 +0.4%) to new highs, while MSCI All World Index is down -0.3% (Hang Seng -0.7%, China CSI -1.1%, MSCI China -1.5%). This week saw U.S. Treasuries 10Y Yields drop 10bps – the biggest weekly drop in a year since last June and the…
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June 12, 2021 0

Weekly Market Commentary By H.E.R.O. (31 May to 4 Jun 2021)

Markets continued their choppy advance with mixed trading in Asia during the week, with MSCI All World Index +0.8%, S&P 500 +0.6%, NASDAQ +0.2% but Singapore -0.9%, Hang Seng -0.7%, China CSI -0.7%. Weaker-than-expected jobs growth eased concerns about the economy running too hot and causing an early tightening of monetary policy. Nonfarm payrolls increased…
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June 5, 2021 0

Weekly Market Commentary By H.E.R.O. (24 to 28 May 2021)

Markets advanced during the week ahead of the Memorial Day holiday weekend, with MSCI World Index up +1.4% and S&P 500 +1.2%, with sentiments lifted by Biden’s unveiling of a massive stimulus plan. Biden sent Congress a $6 trillion budget plan that would ramp up spending on infrastructure, education and combating climate change, which includes…
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May 29, 2021 0

Weekly Market Commentary By H.E.R.O. (17 to 21 May 2021)

The crash of cryptocurrencies during the week, partly attributed to China reiterating that their use in transactions is forbidden, spilled over into the overall U.S. and global markets to weaken sentiments, with S&P 500 down -0.4%, NASDAQ +0.3%, MSCI World Index +0.1%, Stoxx +0.4%, DAX +0.1%, FTSE -0.4%, China CSI 300 +0.5% and Shanghai Composite…
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May 22, 2021 0

Weekly Market Commentary By H.E.R.O. (10 to 14 May 2021)

Inflation fear engulfed the markets in flames during the week, with heavy losses inflicted upon tech (NYFANG+ index -4%, ARK Innovation ETF -4.9%) to emerging markets (MSCI China -3.1%, extending losses from its mid-Feb highs to more than 20% and entering a bear market, Taiwan TWSE -8.4% in biggest crash in its 54-year history, STI…
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May 16, 2021 0

Weekly Market Commentary By H.E.R.O. (3 to 7 May 2021)

Extreme rotation into Cyclicals (Materials/Commodities/Energy, Banks, Transport, Homebuilders) during the week led to tech stocks tumbling in its worst sell-off in months, sparked by Treasury Secretary Janet Yellen’s comments on Wednesday that interest rates may have to rise moderately to keep the economy from overheating. The losses in tech sustained even as Yellen attempted to…
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May 9, 2021 0

Weekly Market Commentary By H.E.R.O. (26 to 30 April 2021)

Markets declined to close out April with a whimper and were unusually choppy and spooky beneath the surface during the week despite a strong earnings season, which saw Microsoft and Apple down 3.4% and 2.1% despite reporting better-than-expected earnings, as a wave of profit-taking swept across the market, resulting in many popular stocks – both…
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May 1, 2021 0

Weekly Market Commentary By H.E.R.O. (19 to 23 April 2021)

Markets bounced on Friday to pare back losses for the week, as traders digest a triumvirate of events weighing on market sentiments: (1) Biden’s capital-gains tax hike, (2) Double-mutation virus surge in India and Japan, (3) Netflix’s dismal quarterly results with horrific plunge in subscriber growth and weak guidance. Long-term capital gains and qualified dividends…
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April 24, 2021 0

Weekly Market Commentary By H.E.R.O. (12 to 16 April 2021)

Treasury yields slide during the week despite a parade of positive economic data in which U.S. retail sales rose nearly 10% in March, the second largest increase on record, to the chagrin of speculative traders in the reflation/reopening trade of the Cyclicals. With yields retreating, gold rose 1.9%, heading for its best week since December,…
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April 23, 2021 0

Weekly Market Commentary By H.E.R.O. (5 to 9 April 2021)

Markets rose to new highs while equity trading volume plunged, with the five-day average across U.S. exchanges dropping to the lowest since October. The lull felt especially abrupt after 13 months of frenzied trading brought the fastest bear market ever and a furious rally not equaled in 90 years. Inflows to stocks past 5 months (US$576bn) exceed…
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April 23, 2021 0

Weekly Market Commentary By H.E.R.O. (29 March to 2 April 2021)

Fear fades and greed rules in a dramatic quarter. The haloed promised end of the pandemic supposedly draws closer with every vaccine shot in the arm. So in the first three months of 2021, traders lunged to position themselves for a post-COVID world by girding for higher inflation and super-charged economically-sensitive cyclical growth poised to…
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April 23, 2021 0

Weekly Market Commentary By H.E.R.O. (23 to 26 March 2021)

Markets were choppy and rocked by messy price swings that whipsawed traders during the week, capped by an extraordinary spree of block trades on Friday which erased US$35 billion from the values of bellwether stocks ranging from Chinese technology giants to U.S. media companies, spurred speculation of forced selling by a massive fund being liquidated.…
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April 23, 2021 0

Weekly Market Commentary By H.E.R.O. (15 to 19 March 2021)

Tech, Commodities/Energy, Financials, Bonds and China/EM all suffered during the week. After Fed’s chair Powell appeared to pull off the impossible balancing act in calming the markets with his ultra-dovish remarks on Wednesday, it all reversed sharply with the 10-year treasury yield spiking up to the new highs of above 1.75%, while the 30-year broke…
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April 23, 2021 0

Weekly Market Commentary By H.E.R.O. (8 to 12 March 2021)

A sudden selling bout pushed the 10-year U.S. Treasury yield to suddenly spike up on Friday and break above the 1.6% level to end at 1.635%. The world’s most watched bond rate has failed to close above 160 bps in more than a year, though has surpassed that level in volatile intraday trading several times…
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April 23, 2021 0

Weekly Market Commentary By H.E.R.O. (1 to 5 March 2021)

Havens, emerging markets, credit (LQD, EMB), China tech and global tech stocks are hammered heavily this week, pressured by the stronger USD and rising interest rates to 1.56%, up from 1.2% a few weeks ago and less than 1% at year-end 2020. The U.S. dollar surged to its strongest since Thanksgiving (with its biggest week…
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April 23, 2021 0