Tuesday, 23 July 2013

Dow Overbought/Oversold

From Bespoke Invest comes their regular table showing what's overbought and oversold (based on movement outside standard deviation) in the Dow:

 As shown, Intel (INTC), McDonald's (MCD) and Microsoft (MSFT) all got hit by poor earnings, and they're trading in extreme oversold territory.  IBM also got hit last week but it has clawed its way out of oversold territory today.
On the overbought side, Bank of America (BAC), General Electric (GE), Johnson & Johnson (JNJ), United Health (UNH), 3M (MMM), United Tech (UTX) and Exxon Mobil (XOM) are all at extremes, with BAC, GE and UNH at the most overbought levels.  Overall, 16 Dow stocks are currently overbought, while 3 are oversold.
In the screen below, we also highlight the year-to-date performance of the 30 Dow stocks.  At the moment, 28 Dow stocks are in the green for the year, while 2 are in the red.  Alcoa (AA) and Caterpillar (CAT) are the two 2013 losers, while Hewlett Packard (HPQ) is the biggest winner with a gain of 79.16%.  Other big winners include Boeing (BA), United Health (UNH), Johnson & Johnson (JNJ), American Express (AXP), Cisco (CSCO) and Disney (DIS).

Monday, 22 July 2013

Driving on the left

Got my rental car yesterday in Singapore...  Oh man, driving here is a bit nuts.  Its not just driving on the left side of the road, its also that you're sitting in the right side (US passenger side) of the car.  I'm too accustomed to knowing how big my car is from the other side and its hard to get adjusted to that.

On top of that, its a bit confusing to figure out how the traffic, parking, and toll system here works...  I think I drove through an automated toll yesterday but had no idea how to pay for it as there's no booths or anything.
Hm....I guess I'll be expecting my tickets in the mail some time soon...

And yes I did turn onto the wrong side of the road and started driving onto oncoming cars...that was a bit scary.

Monday, 15 July 2013

Singapore Tech Surprises

Only just arrived in Singapore and found a new surprising things while reading and looking at the tech scene here.

One - the internet at my temp hotel is fast!  Hit 45 Mbps download speed here (via speedtest.net), about 5-10x faster than my lousy TWC cable connection back in the states.  Fast!

How fast in practical terms?  Not sure...the other thing I found out, Singapore is a censored country.  They are one of the ultimate in big government telling you what to do.  After a bit of research, turns out things like certain YouTube videos are blocked, as is anything homosexuality related (being gay here is illegal apparently), amusingly enough - heterosexuality gets similar treatment as most things pornography is also banned.  The list goes on to include hate speech, anti-islam views, etc etc.  

Don't like it?  Tough.  Its a bit surprisingly to me actually.  While I expected things like this in China (checking gmail or facebook is a paaaain) or other places, didn't quite expect it in first class countries like Singapore.  Its a good reminder that free speech is not an universal right...

Oh and another thing...Singaporean Chili Crab is sorta overrated.

chilli crabs
I'm not as tasty as I may look!

Monday, 8 July 2013


So tomorrow the movers finally come to pack up my stuff for my move.  I'm taking an assignment in Singapore and it'll be interesting to see how life there will go!

As you might have guessed, that move is the reason I've not had much chance to write or post much in the last few weeks.  It's so much work going through your belongings of years and years of crap, not to mention the legal issues with moves like getting work visas and such.

Hopefully by this time next week, I'll be mostly settled and have time for writing again.  I will say, I have learned quite a bit about tax implications of being a US citizen living in foreign countries, and I must say, it's an awful situation.  I'll summarize that soon.