dingdongbellI believe the markets wants to see the CPI numbers first before deciding where it wants to go. If the numbers show inflation tapering, it will be good for the markets.
$Alphabet(GOOGL.US) fell another 3.6% Tuesday, extending its slide as investors weigh a raised 2026 capex guidance of up to $205B and a new $25B debt offering against genuinely strong Q2 numbers, reve...
$GLD SG(GSD.SG)
Gold is in a good place. I cannot say for certain if we have seen the bottom yet. But it looks like appetite for Gold is returning. Historically as well, gold has had periods of time when it will pull back after rallying. But throughout time and gold has been around ages, there is only one direction up.
@Captain's Treasure
The AI industry looks set to be more ingrained into the economy with this next step up with the financial heavyweights. Looks like compute will be some sort of a commodity in the future.
$NVIDIA(NVDA.US) isn't just selling chips anymore, it's helping finance the buildout: the company signed non-binding agreements with six Wall Street heavyweights to raise over $500 billion for AI infr...
$NVIDIA(NVDA.US)
Although Nvidia does not hold a big position in my portfolio, I still monitor her closely for an overall gauge of the market.
She’s like the check engine sign. If she is humming along, that is good and indicates that AI is still driving along well and keep markets chugging along.
At the moment, she looks good going into earnings and the markets also look generally steady and looking upwards.
@Captain's Treasure
The markets did well consolidating into the weekend after a good rally. If we keep getting shallow pullbacks, they look good for a sustained rally.
Singapore's market is closed today for National Day (observed), but Friday left plenty to talk about: $FTSE Straits Times Index(STI.SG) notched its 9th straight weekly gain, with $DBS(D05.SG) extendin...
🇸🇬🇸🇬🇸🇬
one memory i have of course started in primary school - those school gifts that said ‘national day 1994’. could be a pouch, a plastic folder, a toothbrush/toothpaste cup or a soft pencil case hahaha. every year we’d have something from the school. don’t see that nowadays. in the past, lyrics to national day songs were a breeze to memorise too!
$AMD(AMD.US)
AMD looks like a good topic for today. It reported good results but price retreated. To be fair, it has rallied quite a fair bit since last week so was due a breather.
It has been consolidating around these levels which is good to store energy before another push to new highs. Hopefully!
@Captain's Treasure
Markets like to climb when people don’t expect it to. It’s just how sentiments are. After a pullback of a prolonged duration like what Tech went through, most expect a bounce. But as the bounce gets higher and nearer to the ATH, that’s when everyone turns bullish again.
Singapore's banks delivered a clean sweep this week: DBS, SGX and Venture Corp all beat, then OCBC and UOB followed with strong earnings of their own, sending $FTSE Straits Times Index(STI.SG) to fres...
$AMD(AMD.US)
AMD actually posted very good results. But this market seems to be placing sky high expectations and are so used to being wowed that just good is not good enough.
They want something to take their breath away. But slow and steady is always better.
@Captain's Treasure
Tech has made a remarkable turnaround since last week and seems to be doing rather well. There are those who still are wary and rightly so. However I believe tech is just starting its engines.
$DBS(D05.SG) just crossed a milestone: total income above S$6B for the first time, on record quarterly profit. Meanwhile $SpaceX(SPCX.US) delivered its first earnings report as a public company, beat ...
$Apple(AAPL.US)
Looks like the apple has dropped from the tree. It was majestically high up above the other tech names while higher beta tech was being sold off.
As I mentioned, Apple is defensive tech and with a huge market cap, it is easy to park big swathes of capital rotated from the sold off higher betas and preserve them.
When sentiments become risk on again, they rotate out to higher betas again. Look at the divergence in price ever since high beta tech’s low last week.
Apple is a good company but they belong to the sunsetting mobile/ social media micro trend which defined the early 2000s. AI is the new micro trend and unless they pivot quickly, they risk becoming the next Nokia. Even Nokia has learnt something and moving into AI.
@Captain's Treasure
It has been a good response from the market since the lows last week. It held those lows and is making higher highs on the smaller timeframes. Encouraging indeed.
$SpaceX(SPCX.US) just delivered its first earnings report as a public company, and investors couldn't decide whether to celebrate or panic. Revenue nearly doubled to $7.8B, crushing estimates, and the...
$GLD SG(GSD.SG)
Gold is looking good at these levels. It has always been a safe haven asset and one that central banks and investors depend on when there is fear and distrust in the fiat system.
In my honest opinion, the value of gold will always rise as long as inflation is around.
@Captain's Treasure
The major indices are going strong and markets that usually support a bull market like the financials are strong as well. Coupled with apprehension and doubt, I am not quite sure the top is in yet. Maybe close but the markets look like its about to take off again.
Amazon became the fifth company ever worth $3 trillion. Then Palantir printed 93% revenue growth after the bell while still sitting 40% below its own high.
$NVIDIA(NVDA.US)
Nvidia has been rather quiet of late. But that is to be expected having such a big market cap, she has become more like a blue chip rather than a growth stock like she once was.
However, value wise, she does look attractive at these levels, especially if she can show that her growth is not done yet.
@Captain's Treasure
Its a weekly oil story. Like a gift for oil traders. You buy when market opens for week because that is when they de escalate and then sell when they start staring at each other again towards the weekend.
July went out with a bang and a warning. Big Tech split the tape clean down the middle: $Microsoft(MSFT.US), $Amazon(AMZN.US) and $Alphabet(GOOGL.US) were rewarded for showing returns on AI spend, whi...
