To The Moon

st eng PE is at all time high Defense stocks aren't best judged on trailing P/E alone. Key factors include:Order backlog & book-to-bill ratio — Visibility into multi-year revenue (ST Eng has a healthy one). Growth profile — Especially in high-margin areas like electronics, cyber, and smart defence systems. EV/EBIT or forward P/E — These better capture the business quality than trailing earnings, which can be lumpy. Contract stability — Government-backed revenue often justifies a premium. Many quality defence names trade at elevated multiples today due to geopolitical spending, but always cross-check with EV/EBITDA, free cash flow conversion, and peer comps (e.g., some pure-play defence peers sit lower, while growth-oriented ones command 30x+ forward). At current levels, ST Eng pr

Hey folks, hope everyone's portfolio is holding up as we kick off Q2 in 2026. With all the noise around AI power demands, green energy ramps, central bank moves, and lingering geopolitics, commodities are staying front and center. After a wild ride in 2025 (hello, record runs in metals), the back half of this year looks like it could reward the patient ones who focus on structural trends over short-term noise.I'm not calling for a massive commodity supercycle blow-off, but a few names stand out as worth watching (and maybe positioning in) through December. Here's my semi-casual take based on the latest analyst chatter from the big banks and research houses—no crystal ball, just the setups that keep popping up. Gold (and Silver as the leveraged sidekick) – Still the safe-haven kingsPrecious

$Bank of America(BAC)$ been holding since 2020 COVID crash

$NVDA 20260327 160.0 PUT$ full premium at expiry 

Ah, another month, another dividend hike on Strategy’s STRC preferred shares.  I can’t help but think back to how I first came across this one. It was late last year—my wife was reminding me (again) that our emergency fund was earning peanuts in the bank, while inflation quietly nibbled away. A colleague who’s been dabbling in US stocks via his Interactive Brokers account forwarded me a link to Strategy Inc (formerly MicroStrategy). “Eh, this one like high-interest savings but with Bitcoin behind it,” he said. I laughed at first—Bitcoin? Sounds risky for a middle-class guy like me with a stable job, CPF contributions, and two kids heading to primary school soon. But I dug deeper. STRC, or “Stretch” as some call it, is Strategy’s perpetual preferred stock listed on Nasdaq. It’s designe

As we wrap up the first quarter of 2026, the markets have delivered a more sobering story than many expected after the strong momentum of 2025. The “easy money” environment has clearly shifted, and while underlying strengths remain—particularly in certain pockets of the economy—the path forward feels noticeably choppier amid ongoing geopolitical tensions in the Middle East, tariff uncertainties, and growing scrutiny around AI’s path to real monetization. Q1 Recap: Resilience TestedJanuary brought its share of volatility, driven by tariff headlines and fresh geopolitical concerns. The S&P 500 ended the quarter in slightly negative territory—down roughly 4-5% overall—rather than posting the modest gains some early commentary had hoped for. That said, there were encouraging signs beneath

If you’ve been glued to the tickers this week, you’ve probably got some serious headline fatigue. Between the back-and-forth on the US-Iran ceasefire and Brent Crude bouncing around US$103, the market feels like it’s reacting to every single tweet and "breaking" alert. But as I was updating my own tracking sheets this morning, I realized the noise is actually masking some pretty incredible structural shifts. Here’s how I’m looking at the landscape as we wrap up Q1. The S&P 500: Chasing 7,500? The S&P has had a rough March, down about 4-5% from its highs. It’s easy to get spooked, but I’m looking at the year-end targets. Consensus is still hovering around 7,500 to 7,600 (with some bulls even whispering 8,000+). To me, the "correction" we’re seeing is healthy. Valuations were getting

The "Margin Expansion" Play: Industrials & Materials High energy prices act like a hidden tax on everything physically moving or being built. The Shift: Move from defensive "Value" (Utilities/Staples) into Industrials. The Logic: If Brent Crude stays in the US$60–70 range, companies in chemicals, logistics, and heavy manufacturing see an immediate boost to their bottom line without raising prices. Singapore Angle: This is a major tailwind for our local transport and offshore marine sectors. With lower fuel overheads, margins for shipping and aviation expand significantly. 2. The "Yield Normalization" Play: Financials & S-REITs Peace usually allows central banks to stop "fighting fires" and start managing a steady economy. The Shift: Rotate into Financial Services and Rate-Sensitive

Warren Buffett’s conglomerate has never been shy about parking money where others see complexity. For years, that meant snapping up stakes in Japan’s big trading houses—those sprawling sogo shosha that quietly power everything from commodities to consumer goods. Now, in a move announced late Monday, Berkshire is taking the relationship a step further, buying directly into the country’s insurance heart. Through its reinsurance powerhouse National Indemnity Company, Berkshire will invest ¥287.4 billion (roughly $1.8 billion) for a 2.49% stake in Tokio Marine Holdings. The shares are coming straight from Tokio Marine’s treasury, and the Japanese insurer will simultaneously buy back an equivalent amount of its own stock. Payment is expected between April 8 and 14. Crucially, Berkshire has pled

Stocks often steal the spotlight with their daily drama, but the bond market has a far better track record of forecasting what comes next for equities. Corporate bonds, in particular, act like an early-warning system because they are priced by professional credit analysts laser-focused on default risk, cash flow, and the ability to service debt. Equity investors, by contrast, tend to chase growth narratives and sentiment. When bond yields start signaling trouble—especially in the divide between junk (high-yield) debt and investment-grade bonds—stocks usually follow with weakness, often months later. The most reliable signal in this arena is the yield spread between junk bonds and investment-grade corporate bonds. This metric (sometimes expressed as a simple ratio of their average yields) h