Portfolio Transactions (December 2020)

Updates for my Portfolio for December 2020

Here comes to the end of December 2020.

Unfortunately, I am still recovering from my wrist sprains, hope to get more exercise and workout in 2021.

I was blessed by the upmarket swing and was surprisingly achieved an ending net worth of 500.5k. Another milestone achieved there.

It is awesome to find out that my CPF Special Account interest has exceeded by annual Special Account contributions too.

• Sell PSQ 14.0 Calls at 0.87
• Reasons 
• I finally decided to throw in the towel on this position, so I am starting to sell in-the-money (ITM) calls to squeeze out some premium.
• Sell SPY at 364.92
  
• Reasons
• Prices closed below the middle MA line, resulting in closure of the position. There was some slippage that I forgot about as I would only trade on the closing/opening of market. This makes the first 15-30 minutes important for any potential strong downward movements. Maybe I should revisit the price widths of the MA for trading.
  
• Managed to make about 0.6% from this.
• Looking at the correction and comparing it with VT, it seems that VT has lesser volatility (maybe balanced out by other non tech as well as global equities), will look to switch.
• 
• Buy VT at 91.39
  
• Reasons
• The weekly chart is still on an uptrend though the candlesticks are shortening, Entry on daily appeared with a nice bounce of the MA line, which doesn't show a sloppy trend yet.
• 
• Sell VT at 90.825
  
• Reasons
• Prices closed below the MA line due to some macro news (UK strain appears).
• Down about 0.19%.
  
• I forgot to screenshot the chart =\
  
• Buy VT at 92.064
  
• Reasons
• The market uptrend continues but with slower price delta, as well as the prior breach of the middle MA on daily, might have to be more cautious there.
  
• 

That's all for my money for now.

The US market are far too green, who knows if we might see a correction. Maybe can pick up more payment processors and tech then.

 

China hammering on Alibaba had a nice dip but share prices are rather too close to my average prices to initiate a new position, so queuing and waiting. Tencent had a small dip but nothing really attractive.

On a side note, Eagle Hospitality Trust resolutions didn't pass, so let's see what happens next.

Conclusion

My portfolio YTD is now down ~4%, with the long term XIRR now positive at 2.46%.

My cash position is currently at about 12%. Probably keep an eye out for opportunities while conserving cash (there's still a balance transfer the size of about 10% of my portfolio ready).

Related Posts:

• Portfolio Transactions Update (November 2020)
  
• Portfolio Transactions Update (October 2020)
  
• Portfolio Transactions Update (September 2020)
  
• Portfolio Transactions Update (August 2020)
  
• Portfolio Transactions Update (July 2020)
  
• Portfolio Transactions Update (June 2020)
  
• Portfolio Transactions Update (May 2020)