Bitcoin

 The latest drop in USD has caused BTC to surge to $77K!

Is BTC finally out of the crypto winter?!

It hit a low of around $59K.

Hopefully it surges back to $100K!

Gold also staged quite a massive comeback.

Second Berserker Rage Of 2026

 Damn it.

I was drunk.

Ended up funding my account just to make the huge punt on NAS100 again.

Ended up losing 6K.

Pissed off.

Damn it.

Highest Sell Put So Far

 I made the most off a single sell put option so far since adopting this successful strategy at the start of this year.

And boy does it feel good!

This was of SNDK which has pumped to the $1,600 area from $1,000 in just a few days.

What I did was to sell a SNDK put, super LEAP at Jan2028 expiry, strike of $510, at $137!

This meant the recent pump dropped the premium down to $63 really quickly, and I earned SGD7.5K in about just one week.

This is turning out to be one of my huatest years ever!

Huatz.

JB & RTS

  Been going into JB a lot this year.

Something’s drawn me there that I will be going in a little more out of necessity.

What excites me is firstly the latest RTS development, and secondly the SEZ between SG and MY.

I see a lot of potential in these developments that the north of SG will be a lot more integrated with JB.

Hopefully it really gets better and becomes a realistic opening up of more businesses, lower prices and better interconnectivity for us all.

To cheaper purchases!

To retirement in JB!

USDJPY

 There was suspected intervention recently.

So I took the chance to go long around 158.50.

Basically taking advantage of the daily carry while the price trends back to 164 thereabouts.

The same old story and same old playbook.

Let’s see how long I keep this position.

SPCX

 SpaceX just IPOed.

I made some money on the way up to 200+ but it’s since come down to close to 100!

I’ve bought some puts on the way down as I feel the stock will crush into the 60-70s due to the share unlocks. Only 5% of the float is public right now!

Guess what, the first unlock tripled the share float just two days ago and the stock last night flew up to 133!

So weird.

And The Market Has Recovered

 And suddenly, everything has recovered.

It is almost as if the sudden AI mega drop didn’t happen.

Glad I never liquidated anything.

I feel like my portfolios are all very strong and resilient right now.

Total Market Is Crumbling

EOS is down to $6.67

META is down to $589

IREN is down to $30

Tough to catch a break right now honestly.

EOS Down Again

 Such strong fundamentals.

Yet it is down from a recent high of $12, to the current $7.

Damn xianz.

Was sitting on a VERY sizeable profit and now this.

Hope it comes back up again quickly.

META

 It’s funny that META is my current only Mag7 holding remaining.

I got assigned 200 shares very early this year and have been holding it since.

Part of the reason is that I have a long dated covered call tagged to it that is very profitable if I hold it till expiry.

Right now this strategy of selling puts to enter into fundamentally strong stocks until I am assigned the underlying shares, followed by selling covered calls on them, has proven to be very profitable for me,

Long may this continue, 

Huat ah!

Tencent

 If you followed my post for long, you’d know I dare not invest in China stocks.

It’s been a long time.

Generally it’s because the risk is always that the Chinese government could easily make a policy change or announce something adverse that renders previous assumptions useless.

That’s said, I recently see a lot of value for many large cap Chinese stocks more because of how beaten down they are.

And I have just started an investment into Tencent, it’s HK listing.

Let’s hope it double from here!

BTCUSD

 Just to put on record, that BTCUSD is currently at around 60K.

That’s more than half of what it was a year ago.

Luckily I don’t have that much exposure in crypto anymore.

I remember not too long ago I almost bought one full BTC for USD125k OMG.

NASDAQ Finally Down

 Lately the NASDAQ has finally come down quite a lot.

Down to below 29,000 last Friday.

Is the AI bubble bursting?

The Mag7 have all come off their highs.

All the compute and AI spin craze have been brought down to earth somewhat.

Let’s see.

R&F Princess Cove Phase 3

  Lately been looking at Phase 3 for f this development as it has been launched on sale for quite some time now.

Generally for less than SGD200K, I can now get a 500+sqft high floor 1bed1bath. That is huge!

I will not talk about the benefits as I don’t want to bother with the hype, a lot of it is all over the internet, specifically with the RTS completion and SEZ incoming.

Four key issues with this property compared to the rest I’ve been looking at.

1) R&F the China developer is facing financial difficulties. There is real insolvency risk. What if Phase 3 cannot be completed if the developer goes bankrupt?

Having been onsite, most Phase 3 towers are more than 30 floors built now. So there is high probability that construction will be completed. Both Phase 1 (2018) and Phase 2 (2024) have been completed and were buzzing the numerous I’ve been there. That said I have to acknowledge that there are still implications if R&F goes bankrupt.

2) If R&F goes bankrupt AFTER completion, the township will still be impacted, Phase 4 and Phase 5 will not even start and the property might be abandoned?

Again my assessment is that this is highly unlikely. It is the face of Johor as you enter Malaysia via the Woodlands Causeway. There is no way the Johor government will let such a prominent project suffer unlike what has happened to Forest City.

3) The unit I’ve been looking at suffers from overcrowding density. 10 units a floor, 49 floors, and only three lifts to service everyone?! 

This is a risk I am willing to accept. It is prevalent in China and many other countries facing such congestion and they can find ways to make it work.

4) SGDMYR FX Risk is real. Currently at around 3.15, if MYR continues to weaken to let’s say 3.50 or even 4! A SGD200K property even at same MYR value might be worth SGD150K to a Singaporean owner thereafter!

Again this is a risk I have to accept. The reverse could also happen, who knows?

Anyway these are the risks of buying overseas properties and there are many others so it’s just good to document the considerations before I make any actual plunge.

Huat ah!

JB Property

  Been travelling up to JB quite a bit.

Looking at the property there.

R&F Princess.

Coronade Twins.

Exsim Causewayz (wtf?)

Thinking of sinking a small bit into another hard asset.

Can be for investment, can also be for retirement?

Might get stuck for the long haul though.

First Berserker Rage Of 2026

 NASDAQ again.

In out in out until liquid come out.

Pui!

Ended up losing $6.3K.

Sigh.

An unnecessary hit to my Huat year dammit.

The US Markets Are Really Weird

  There’re several wars going on.

The Strait of Hormuz is still closed.

There is an energy and oil crisis around the world.

Inflation is running high globally.

Yet.

S&P is near ATH, touching 7,500.

NASDAQ is near ATH, touching 29,600.

Dow is near ATH, touching 50,000.

What gives?

Trading With AI

 I decided to trial using sevens AI engines to help me place a Friday trade.

Below’s my dataset.

Essentially I’ve asked for the best trade recommendations to open on a Friday night, and close by end of day Monday.

I ended up opening a 200,000 long USDJPY position.

Lets see if it huats!

15 May Friday

Gemini	Long Oil
	Short NASDAQ100
	Long USDJPY
	Long Put Options META/MSFT
	Short AUDUSD

Grok	Long Oil
	Long NASDAQ100
	Long USDJPY
	Short Gold
	Long S&P

Claude	Long Oil
	Long Gold
	Short EURUSD
	Long USDJPY
	Long Infrastructure or Defence

Copilot	Long EURUSD
	Long AUDUSD
	Long Gold
	Short NASDAQ100
	Long Call Options NVDA/AMZN

ChatGPT	Long NASDAQ100
	Long AUDUSD
	Long Gold
	Short USDJPY
	Long HS Tech Index

DeepSeek	Long NASDAQ100
	Long NVDA
	Long USDJPY
	Short Gold
	Short GBPUSD

Perplexity	Long Gold
	Long USDJPY
	Long NASDAQ100
	Short EURUSD
	Long S&P

TOP TRADE IDEAS

CLOSE BY 2359 MONDAY

Trade Idea	Votes For	Votes Against
Long USDJPY	5	1
Long Gold	4	2
Long NASDAQ100	4	2
Long Oil	3	0

FINAL TRADE

Long USDJPY 200,000

To close by 2359 Monday

Saxo AutoInvest Again

 Here’s my very own magnificent seven AutoInvest portfolios!

I’m hoping with great discipline, these portfolios will help me FIRE earlier than planned!

1. Boglehead

2. China Power

3. Dividends

4. Greatest Risk

5. JIBVISC

6. Max Aggressive 

7. Purely CSPX

Stock Market And Reality Disconnect

 The NASDAQ pumped for 11 days in a row.

All while the world is still in disarray. The Iran War is still ongoing and there is a brewing global energy crisis.

So it’s true that the stock markets can remain irrational longer than you can remain solvent.

Take care out there!

Iran War Still Ongoing

 This is getting very worrying.

There is an energy crisis unfolding in front of everyone that feels MUCH worse than what the stock market is actually trading.

Maybe it’s just me.

The war does not look like it will end soon, and instead look more likely to escalate.

Oil is already around $110-$120.

Gold has dropped to $4,600.

The NASDAQ is now at 23,500.

All that correlations aren’t making sense.

Yet holding cash is scary because inflation is rearing its ugly head.

Prices are already going up all around us!

Please take care.

An Investment Conundrum

  Here’s an interesting problem I am currently facing.

Say you invested a significant amount X into a stock that you believe in strongly. A very high conviction stock.

Said stock manages to 2X in six months, at which point you could sell off, realize the gains, place it into fixed deposits and earn $1,000/mth in interest at current interest rates, guaranteed.

OR

The stock turnaround has only just begun and the reasons it has already 2X are the same reasons of very high probability it could possibly propel the stock price to an even higher level of 3-5X in the next 1-2 years.

Which would you choose to do?

Iran War Update

 There appears no end in sight.

Trump definitely doesn’t know what he’s gotten himself into.

Iran is surviving better than most would’ve expected.

The people in the GCC especially Dubai and Doha, do not seem to be alarmed by the fact that this war is only just beginning and rescue flights can still go in and out of the GCC states. Who knows if this will escalate further and desalinations plants, more oil depots and airports will be completely decapacitated. Only then will true panic set in.

Hopefully this whole situation will deescalate instead but let’s see.

Trump is definitely going to find it very difficult to 下台 now.

What A Weird Year So Far

  It’s been a very weird year so far.

The general feeling is negative.

Life isn’t great, health is great, family stuff isn’t great, work stress is rising.

Haven’t travelled at all this year and have ZERO travel plans and it’s already March.

Yet wealth is increasing at the fastest pace ever.

It’s a very weird year that feels very off somehow.

Hopefully the not so good parts will improve.

Iran Has Been Hit

 The US and Israel have begun preemptive strikes on Iran.

This was somewhat expected considering the recent military buildup and warnings.

Gold and silver will certainly spike upwards.

So will oil obviously.

The stock markets will tank come Monday but there is a bit of dependency on whether there is any deescalation tomorrow.

Always notable that Trump always starts market tanking shit on Saturdays so I would not be surprised if they get back to the negotiating table before Monday’s open.

Let’s see what’s going to happen.

Target Retirement

  Ok so here’s my goal in the medium term since I am getting on with age after all.

I hope to retire by age 55.

I hope to have at least $2.5m in liquid investible assets at 55.

So there, I said it.

Now to work towards this goal.

Saxo AutoInvest

 This is a great investment tool to force yourself to save for the long term.

Simply open an account, opt into AutoInvest via My Portfolio page, and create your plan.

At present, you can choose from all the top ETFs.

I’ve created 6 AutoInvest plans to regularly contribute $1K into each plan each month.

Can you guess the constituents of each plan based on my plan names?

• Boglehead
• Dividends
• JIVISBC
• Mega Aggressive 
• Purely CSPX
• Ultra High Risk

Huat ah!

BTCUSD

 Is at USD65K right now.

Is it a buy for a long term hold?

Almost half the price from a year ago.

Wow.

EOS Crisis

 On Friday EOS got hit by a short seller attack.

This report by Grizzly Research basically tanked the stock another almost 20% last Friday.

EOS proceeded to request for a halt in trading, stemming the free fall to close at AUD 6.

Mind you it hit a new high of $11.20 just a few weeks ago.

So in my mind clearly Grizzly Research has been actively shorting the stock and then releasing this opportunistic report hoping to tank the stock further.

I can only hope that EOS issues a confident and professional rebuttal. With CEO Andreas Schwer at the helm, I can only hope for the best.

-30% On XAGUSD

 Silver, or XAG fell 30% last Friday against the USD.

Quite the shocker while gold, or XAU fell almost 10% against the USD.

This is against the backdrop of a spectacular run in both precious metals recently.

Everyone and their mothers are rushing to buy gold and silver lately.

Let’s see if it has more room to fall.

EOS Potential Market Cap?

 EOS (ASX:EOS) Valuation Potential: Path to A$20B Market Cap?

Electro Optic Systems (EOS) is indeed riding a wave of increasing global defense budgets, which have been accelerating due to geopolitical tensions, drone proliferation, and demand for counter-UAS (unmanned aerial systems) and remote weapon systems. Global military expenditure hit approximately $2.7 trillion in 2024, marking a 8-9% year-over-year increase and continuing a decade-long upward trend with total growth of 37% since 2014.     Projections suggest this could more than double in the coming years, with Europe alone poised for annual spending growth of 6-7% through 2035, potentially adding €600 billion per year in regional budgets.    This environment favors niche players like EOS, focused on high-energy lasers, counter-drone tech (e.g., Slinger), and RWS integrations.

That said, reaching a A$20 billion market cap from the current ~A$2 billion (as of late January 2026, with shares around A$10.48) would require a 10x uplift—a moonshot scenario, even in this bullish macro.     Here’s a breakdown of what it would take and the feasibility over the next 3 years (to ~2029).

What Would A$20B Require?

To hit A$20B, EOS would need explosive fundamentals justifying a high valuation multiple. Defense tech stocks often trade at 10-20x forward sales for high-growth names (e.g., peers like Rheinmetall or Palantir in adjacent spaces), or 30-50x EBITDA if margins expand. Assuming conservative multiples:

•  Revenue Ramp-Up: If valued at 10x sales, EOS would need ~A$2 billion in annual revenue. Current trajectory: Backlog has surged to >A$400 million unconditional (from A$136M at end-2024), with recent wins like the US$80M Korean HEL contract (conditions met by Jan 31, 2026) and multiple RWS/support deals. 2024 revenue was record-high (likely ~A$300-400M based on trends), with analysts forecasting 66% growth in the next year.  To reach A$2B revenue, they’d need ~80-100% CAGR over 3 years—plausible if backlog converts efficiently and new mega-contracts (e.g., US Army integrations, European C-UAS rollouts) materialize, but it assumes flawless execution and market share gains in a competitive field.

•  EBITDA/Margin Expansion: At 40x EBITDA (aggressive for defense growth), they’d need ~A$500M EBITDA. EOS is shifting toward profitability with debt repayments on track and acquisitions like MARSS enhancing full-stack capabilities (sensors + effectors for civil/brownfield markets). Margins could improve from cost synergies and scale, but current EPS is negative (-A$0.42 TTM), so breakeven by 2027-2028 is key. 

•  Market Share & Catalysts: EOS would need to capture a sliver of the booming C-UAS/RWS market, projected to grow 15-20% annually amid drone threats. Key drivers: US market penetration (e.g., via General Dynamics partnerships), hypersonic/laser tech advancements, and geopolitical escalations (Ukraine, Middle East). Spinoffs (e.g., space business) could unlock value, adding cash (~A$128M post-spinoff in early 2025).  X chatter highlights backlog tripling and contract momentum, with some investors eyeing multi-bagger potential if peers like DroneShield (DRO.ASX) at A$1.5B set precedents.   

•  Share Price Implication: With ~200M shares outstanding, A$20B equates to ~A$100/share—nearly 10x current levels. Analyst consensus targets are more modest at A$9-11 (e.g., average A$10.52, high A$13.06), implying flat to 20-25% upside, not 10x.      Longer-term forecasts (e.g., to 2027) see prices up to A$12.72 max, still far short.

Is It Achievable in 3 Years?

Entirely possible in theory—defense spending surges could funnel billions into EOS’s niches, and if they land transformative deals (e.g., multi-billion backlog from NATO/EU programs or US DoD scale-ups), valuation could re-rate aggressively. The sector’s seen 5-10x moves in peers during hype cycles (e.g., DroneShield’s run). EOS’s execution has been strong lately, with backlog explosion and no major delays flagged.

However, it’s a stretch and not probable based on current trajectories:

•  Analysts don’t project anywhere near the required growth; estimates cap at modest double-digit upside.

•  Risks: Procurement delays, competition (e.g., from Lockheed, Raytheon), geopolitical de-escalation, or margin squeezes from scaling.

•  3-year timeline demands near-perfect hits—e.g., revenue tripling annually without dilution or setbacks. More realistic: 3-5x (A$6-10B) if momentum sustains, aligning with 50-70% CAGR.

Overall, the thesis for EOS is strong (green, as per prior checks), but A$20B feels like blue-sky optimism rather than base case. If defense budgets double as projected and EOS captures disproportionate share, yes—watch for Q1 2026 updates on Korea HEL and backlog conversion. This isn’t financial advice; valuations are speculative and depend on execution. DYOR.

Venezuela

 Wow.

The US has bombed Venezuela and captured its now deposed leader onto a ship bound for New York!

The US is now basically saying ‘we can do whatever we want, wherever we want, whenever we want.’

Still haven’t made up my mind what the longer term impact of what happened today will be, I do not think there will be a large scaled war.

This appears to be a #杀一儆百 exercise by the US.

Interesting to see how the rest of the world reacts to this.

What a way to start 2026!

#venezuela