Finance Investment Movement 12

So I finally took the plunge, or rather a toe dip into the world of futures trading. One of the reasons for doing so was that I had been looking for a way to trade US market but did not want to stay up late to monitor. Dow futures thus became an easy way to gain participation over a broad market. Till date, its uptrend doesn't seem to abate and kept setting new highs with a Covid recovery theme. Moreover, the margins required to trade is small therefore limiting risk exposure. The downside is the spread is large at 10 points, so it takes a bit of guts and faith to press that Buy button.

The STI didn't present any nice entry points, presumably due to good corporate results and caused prices to push higher. In any case, there is money available to use, it's just where to deploy.

Crypto assets staged a rally and my paper gains were nice but who knows whether that was the new price floor or further drops might be in store. In any case, I am choosing to stay put without any movements for the past month. Maybe the only point worth considering would be whether to shift more coins over to Nexo for interest accumulation.

Tip: Fern Ridge Sauvignon Blanc 2016, gooseberry and citrusy with a little grass