![MalMoncrief's tweet photo. Investing wizard. . . or something else?
Cr Benedict Ong of the Dunedin City Council said of himself in a recent Facebook comment “I have tremendous business and financial acumen as a former international banker that advised leading global companies [. . .]”
On Feb 5 2024, Benedict Ong posted a video to his TikTok account themmastyleinvestor. (This stands for The Mixed Martial Arts Style Investor.) The video begins with a caption: “Opportunity in US Large Cap Consumer Stocks that Significantly Lag the S&P500”. In the video, Ong suggests 5 stocks that he thinks will outperform the S&P 500. The video link is: https://t.co/HP31T1J8Of
I have made a chart comparing the stock price of the S&P 500, represented by the ticker SPY, along with the 5 stocks recommended by Benedict Ong.
The x-axis runs from February 2024 at the far left to June 2026 at the far right.
The colour coding of the tickers shown in the chart is:
SPY (S&P 500 etf): dark blue
WMT (Walmart): light orange-brown
YUM (Yum! Brands): green
QSR (Restaurant Brands International): brown
PEP (PepsiCo): light blue
KO (Coca Cola): pink
From the chart it can be seen that of the 5 stocks recommended by Ong in February 2024, only Walmart consistently outperformed the S&P 500 in the following time period. 2 of the stocks were outperforming the S&P 500 for brief periods of a few months, e.g. Coca Cola from August to October of 2024 and March to May of 2025, and Yum! Brands from March to May of 2025. The remaining 2 stocks performed consistently worse than the S&P 500.
The average increase in stock price of the 5 stocks recommended as of today is 34.36%, compared with 60.49% for the SPY.
For an investor to have followed Ong’s advice in February 2024 and to have invested equal amounts in the 5 stocks recommended, there is no point in time between then and now when there investment would have shown a greater return than the S&P 500. This result would not change if dividend payments are also considered (these are not shown in the graph), as dividend payments would make up a relatively small part of the overall return. The current annual dividend yields of the S&P 500 SPY ETF and of the 5 stocks are: SPY: 0.97%; WMT: 0.88%; YUM 2.05%; QSR 3.63%; PEP 4.17%; KO 2.70%).](https://pbs.twimg.com/media/HJ9FsDlaAAAWRJJ.jpg)
![MalMoncrief's tweet photo. There is now confusion about whether Dunedin City Councillor @CrBenedictOng was born in Dunedin, New Zealand or not.
Cr Ong's profile statement for the 2025 election and elsewhere said "Born in Dunedin", but Cr Ong is now saying Dunedin is his hometown and not birthplace, in response to a Spinoff article by Tara Ward. Ward's article does not use the word "birthplace", but does have "The Dunedin-born former investment banker moved back to the city in June last year, and immediately began his campaign to run for both mayor and council" and "One of Ong’s early campaign ads states that he was born in Dunedin and raised in Sydney and Malaysia, and earned a bachelor of commerce from the University of New South Wales." In a response to Tara War's Spinoff article on Facebook, Cr Ong has written "When you return as I did to our hometown (not birthplace as you describe please Ms Ward, we are both proficient in subtlety of adjective choices, and the subtlety and nuances of Proud Dunedinites) [. . .]" In the comments to his post, Cr Ong writes "there have indeed been specific Elected Member(s) (and their proxies that stood unsuccessfully), that propagate a fake “birther” conspiracy theory against me, immediately after the October result and still do." Has Cr Ong now joined the conspiracy theorists, who presumably thought Cr Ong was not born in Dunedin, in contradiction to his electoral statements that he was "Born in Dunedin". https://t.co/7etm41jm3Q](https://pbs.twimg.com/media/HJs7zuba0AAbN7u.png)
![MalMoncrief's tweet photo. There is now confusion about whether Dunedin City Councillor @CrBenedictOng was born in Dunedin, New Zealand or not.
Cr Ong's profile statement for the 2025 election and elsewhere said "Born in Dunedin", but Cr Ong is now saying Dunedin is his hometown and not birthplace, in response to a Spinoff article by Tara Ward. Ward's article does not use the word "birthplace", but does have "The Dunedin-born former investment banker moved back to the city in June last year, and immediately began his campaign to run for both mayor and council" and "One of Ong’s early campaign ads states that he was born in Dunedin and raised in Sydney and Malaysia, and earned a bachelor of commerce from the University of New South Wales." In a response to Tara War's Spinoff article on Facebook, Cr Ong has written "When you return as I did to our hometown (not birthplace as you describe please Ms Ward, we are both proficient in subtlety of adjective choices, and the subtlety and nuances of Proud Dunedinites) [. . .]" In the comments to his post, Cr Ong writes "there have indeed been specific Elected Member(s) (and their proxies that stood unsuccessfully), that propagate a fake “birther” conspiracy theory against me, immediately after the October result and still do." Has Cr Ong now joined the conspiracy theorists, who presumably thought Cr Ong was not born in Dunedin, in contradiction to his electoral statements that he was "Born in Dunedin". https://t.co/7etm41jm3Q](https://pbs.twimg.com/media/HJs7W6KbcAAxMqg.jpg)
![MalMoncrief's tweet photo. There is now confusion about whether Dunedin City Councillor @CrBenedictOng was born in Dunedin, New Zealand or not.
Cr Ong's profile statement for the 2025 election and elsewhere said "Born in Dunedin", but Cr Ong is now saying Dunedin is his hometown and not birthplace, in response to a Spinoff article by Tara Ward. Ward's article does not use the word "birthplace", but does have "The Dunedin-born former investment banker moved back to the city in June last year, and immediately began his campaign to run for both mayor and council" and "One of Ong’s early campaign ads states that he was born in Dunedin and raised in Sydney and Malaysia, and earned a bachelor of commerce from the University of New South Wales." In a response to Tara War's Spinoff article on Facebook, Cr Ong has written "When you return as I did to our hometown (not birthplace as you describe please Ms Ward, we are both proficient in subtlety of adjective choices, and the subtlety and nuances of Proud Dunedinites) [. . .]" In the comments to his post, Cr Ong writes "there have indeed been specific Elected Member(s) (and their proxies that stood unsuccessfully), that propagate a fake “birther” conspiracy theory against me, immediately after the October result and still do." Has Cr Ong now joined the conspiracy theorists, who presumably thought Cr Ong was not born in Dunedin, in contradiction to his electoral statements that he was "Born in Dunedin". https://t.co/7etm41jm3Q](https://pbs.twimg.com/media/HJs7UP-bcAA7EVO.jpg)
Olivia
Online
Malcolm Moncrief-Spittle
@MalMoncrief
Bookseller. Also trading in the markets. Likes: Shakespeare, science fiction, philosophy, Heraclitus. #MAGA
Dunedin, New Zealand
Joined June 2018
3.6K Following
3.1K Followers
7.8K Posts
🚨 My Market Trend Model just switched to RED.
NASDAQ is my elite index.
When it turns red, I pay attention.
Most traders react by trading more.
I do the opposite.
Here is what I do:
1. Reduce my trading frequency dramatically.
2. Stop looking for average setups.
3. Wait for exceptional opportunities only.
4. Spend more time preparing than trading.
5. Let the market prove itself again.
My statistics are very clear:
Trading during red market conditions is a losing game over time.
You may catch a winner here and there.
But if you continue trading aggressively while the market is red, the odds are working against you.
That's why I don't feel any pressure to trade right now.
It takes my Market Trend Model about 18 days on average to switch from red back to green.
Until then, patience becomes a position.
Some of the biggest drawdowns I avoided during my career came from respecting these signals.
The goal is not to trade every day.
The goal is to protect capital so you're ready when conditions improve.
No predictions.
No opinions.
No hero trades.
Just process.
Let the trend tell you what to do.
https://t.co/H9JynwFSQW
Most trader's fail because they don't understand the importance of dynamically approaching their activity levels. You do not want to come into the market risking the same amount everyday, you want to let the opportunity set guide your risk-taking.
When markets are viciously trending its wise to be as risk-on as possible as you will have the greatest gains in your equity curve during those periods.
HOWEVER, where most traders fail, is unlearning the button clicking when environments change. To me, Friday's selling shows a clear change in character from that hyper-momentum to a period of consolidation.
If you have been putting on new trades daily during the span of this run, you've probably done very well for yourself. But if you continue that behavior and the market proves to be choppy the next month or two, that can wipe away all those hard fought gains from the 'easy' period. The mental pitfall from this will be much greater than what happens to your equity curve.
I am not bearish nor do I know what happens next, or when new highs are created. I do know that after Friday's selling hits the tape, traders remember what it's like to lose money. The buy-the-dip mentality proves much more difficult in the subsequent days of that drastic selling when it first hits the tape.
The 3 laws of humans, from the 1978 story "Roborules" by Jay A. Parry. In "Asimov's Choise: Comets & Computers" edited by Isaac Asimov. NY: Dale Books, 1978.
Who to follow
Gary 🇺🇸
@GarySmed
Proud Father, Patriot, Conservative,Pro-Life. NOT politically correct. #1A #2A 🚫libtards 🚫Idiots
Don Chatham
@donchatham
#Christian, #conservative, #veteran,
I don't mind DMs for topics or follow backs, but I'm not looking for a Twitter girlfriend!
VioletLightWave. 🗻🗻
@VioletLightWav1
MAGA🔴MAHA 🔴PUREBLOOD🔴WAKEY WAKEY 🔴FAFO 🔴GFY🔴ColoradoNATIVE 🔴WITCH🔴SAVE AMERICA ACT
No changes to portfolio today.
My biggest % gains and losses in the past week were in:
$LLY +4.7%
NZ Foundation Series US 500 fund +1.9%
$DELL -14.9%
$DRAM -15.9%
My 5 largest holdings, in order of decreasing size, are currently: $OSCR $MU $UNFI $UNH $DRAM
$XLF (Update) - Strongest Sector Bounce On Overlooked Chart
The strongest sector move today was the weakest sector YTD.
Oliver Kell uses just 5 universal principles. They work in any market, any timeframe.
Here's the complete framework.
#Trading
Unrealized profit giveback alone doesn't justify exiting the entire position if it remains above a rising 10-MA without a close below it.
$ARM $MU $AAPL $AMD $HUT $RIOT $SMCI $NBIS $ALAB $IONQ $APP $QCOM $TSM $ORCL $ONDS $DRAM $QTUM $BAI $SMH $SOXX $XSD $AIQ $WGMI $CIBR $EWY
Bought today (new positions): $ANDE $OSCR $UNFI $UNH
Reduced: $DOCN $DRAM $MU
Sold: $AVGO $CIEN $DELL $HBM $LRCX $NBIS $SMH $SNDK $STX $WDC $WGMI
Currently up and trading the morning as it is a red day for many of my holdings.
Stopped out today with stop losses set yesterday: $AVGO $CIEN
Sold today: $HBM
Setting new SL orders on all my stocks that are currently under 10 SMA.
On my watchlist for tomorrow:
$ARKG $OSCR $SNEX
Bought today (new position): $CIEN
Trimmed 10%: $DRAM $MU
Sold: $VICR
Investing wizard. . . or something else?
Cr Benedict Ong of the Dunedin City Council said of himself in a recent Facebook comment “I have tremendous business and financial acumen as a former international banker that advised leading global companies [. . .]”
On Feb 5 2024, Benedict Ong posted a video to his TikTok account themmastyleinvestor. (This stands for The Mixed Martial Arts Style Investor.) The video begins with a caption: “Opportunity in US Large Cap Consumer Stocks that Significantly Lag the S&P500”. In the video, Ong suggests 5 stocks that he thinks will outperform the S&P 500. The video link is: https://t.co/HP31T1J8Of
I have made a chart comparing the stock price of the S&P 500, represented by the ticker SPY, along with the 5 stocks recommended by Benedict Ong.
The x-axis runs from February 2024 at the far left to June 2026 at the far right.
The colour coding of the tickers shown in the chart is:
SPY (S&P 500 etf): dark blue
WMT (Walmart): light orange-brown
YUM (Yum! Brands): green
QSR (Restaurant Brands International): brown
PEP (PepsiCo): light blue
KO (Coca Cola): pink
From the chart it can be seen that of the 5 stocks recommended by Ong in February 2024, only Walmart consistently outperformed the S&P 500 in the following time period. 2 of the stocks were outperforming the S&P 500 for brief periods of a few months, e.g. Coca Cola from August to October of 2024 and March to May of 2025, and Yum! Brands from March to May of 2025. The remaining 2 stocks performed consistently worse than the S&P 500.
The average increase in stock price of the 5 stocks recommended as of today is 34.36%, compared with 60.49% for the SPY.
For an investor to have followed Ong’s advice in February 2024 and to have invested equal amounts in the 5 stocks recommended, there is no point in time between then and now when there investment would have shown a greater return than the S&P 500. This result would not change if dividend payments are also considered (these are not shown in the graph), as dividend payments would make up a relatively small part of the overall return. The current annual dividend yields of the S&P 500 SPY ETF and of the 5 stocks are: SPY: 0.97%; WMT: 0.88%; YUM 2.05%; QSR 3.63%; PEP 4.17%; KO 2.70%).
![MalMoncrief's tweet photo. Investing wizard. . . or something else?
Cr Benedict Ong of the Dunedin City Council said of himself in a recent Facebook comment “I have tremendous business and financial acumen as a former international banker that advised leading global companies [. . .]”
On Feb 5 2024, Benedict Ong posted a video to his TikTok account themmastyleinvestor. (This stands for The Mixed Martial Arts Style Investor.) The video begins with a caption: “Opportunity in US Large Cap Consumer Stocks that Significantly Lag the S&P500”. In the video, Ong suggests 5 stocks that he thinks will outperform the S&P 500. The video link is: https://t.co/HP31T1J8Of
I have made a chart comparing the stock price of the S&P 500, represented by the ticker SPY, along with the 5 stocks recommended by Benedict Ong.
The x-axis runs from February 2024 at the far left to June 2026 at the far right.
The colour coding of the tickers shown in the chart is:
SPY (S&P 500 etf): dark blue
WMT (Walmart): light orange-brown
YUM (Yum! Brands): green
QSR (Restaurant Brands International): brown
PEP (PepsiCo): light blue
KO (Coca Cola): pink
From the chart it can be seen that of the 5 stocks recommended by Ong in February 2024, only Walmart consistently outperformed the S&P 500 in the following time period. 2 of the stocks were outperforming the S&P 500 for brief periods of a few months, e.g. Coca Cola from August to October of 2024 and March to May of 2025, and Yum! Brands from March to May of 2025. The remaining 2 stocks performed consistently worse than the S&P 500.
The average increase in stock price of the 5 stocks recommended as of today is 34.36%, compared with 60.49% for the SPY.
For an investor to have followed Ong’s advice in February 2024 and to have invested equal amounts in the 5 stocks recommended, there is no point in time between then and now when there investment would have shown a greater return than the S&P 500. This result would not change if dividend payments are also considered (these are not shown in the graph), as dividend payments would make up a relatively small part of the overall return. The current annual dividend yields of the S&P 500 SPY ETF and of the 5 stocks are: SPY: 0.97%; WMT: 0.88%; YUM 2.05%; QSR 3.63%; PEP 4.17%; KO 2.70%).](https://pbs.twimg.com/media/HJ9F1mMaYAARnr7.jpg)
Bought today (starter position): $LRCX
Trimmed 10%: $DELL
Trimmed 20%: $HBM
Trimmed 25%: $CRDO
@801010athlete I subscribed a few days ago, after watching your interview with Richard Moglen. 👍 https://t.co/3lFpzDXUof
From ODT yesterday 01.06.26, was @CrBenedictOng born in Dunedin? It is disappointing that @CrBenedictOng cannot give a simple answer to this simple question on social media, such as in his Facebook post, after himself contributing confusion about the point with his response to the Spinoff article.
There is now confusion about whether Dunedin City Councillor @CrBenedictOng was born in Dunedin, New Zealand or not.
Cr Ong's profile statement for the 2025 election and elsewhere said "Born in Dunedin", but Cr Ong is now saying Dunedin is his hometown and not birthplace, in response to a Spinoff article by Tara Ward. Ward's article does not use the word "birthplace", but does have "The Dunedin-born former investment banker moved back to the city in June last year, and immediately began his campaign to run for both mayor and council" and "One of Ong’s early campaign ads states that he was born in Dunedin and raised in Sydney and Malaysia, and earned a bachelor of commerce from the University of New South Wales." In a response to Tara War's Spinoff article on Facebook, Cr Ong has written "When you return as I did to our hometown (not birthplace as you describe please Ms Ward, we are both proficient in subtlety of adjective choices, and the subtlety and nuances of Proud Dunedinites) [. . .]" In the comments to his post, Cr Ong writes "there have indeed been specific Elected Member(s) (and their proxies that stood unsuccessfully), that propagate a fake “birther” conspiracy theory against me, immediately after the October result and still do." Has Cr Ong now joined the conspiracy theorists, who presumably thought Cr Ong was not born in Dunedin, in contradiction to his electoral statements that he was "Born in Dunedin". https://t.co/7etm41jm3Q
![MalMoncrief's tweet photo. There is now confusion about whether Dunedin City Councillor @CrBenedictOng was born in Dunedin, New Zealand or not.
Cr Ong's profile statement for the 2025 election and elsewhere said "Born in Dunedin", but Cr Ong is now saying Dunedin is his hometown and not birthplace, in response to a Spinoff article by Tara Ward. Ward's article does not use the word "birthplace", but does have "The Dunedin-born former investment banker moved back to the city in June last year, and immediately began his campaign to run for both mayor and council" and "One of Ong’s early campaign ads states that he was born in Dunedin and raised in Sydney and Malaysia, and earned a bachelor of commerce from the University of New South Wales." In a response to Tara War's Spinoff article on Facebook, Cr Ong has written "When you return as I did to our hometown (not birthplace as you describe please Ms Ward, we are both proficient in subtlety of adjective choices, and the subtlety and nuances of Proud Dunedinites) [. . .]" In the comments to his post, Cr Ong writes "there have indeed been specific Elected Member(s) (and their proxies that stood unsuccessfully), that propagate a fake “birther” conspiracy theory against me, immediately after the October result and still do." Has Cr Ong now joined the conspiracy theorists, who presumably thought Cr Ong was not born in Dunedin, in contradiction to his electoral statements that he was "Born in Dunedin". https://t.co/7etm41jm3Q](https://pbs.twimg.com/media/HJs-CqIbAAAyFCJ.png)
Bought today (new position): $VICR
Added to: $DRAM
Trimmed 10%: $DELL
Added to $CRDO @$195.00 afterhours, after ER sell off.
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