Direxion S&P 500 Bear 3X

U.S. equities were flat pre-market ahead of $NVIDIA(NVDA.US) earnings, July PCE data, and Fed Chair Warsh’s Jackson Hole speech. Oil fell further on Iran-Oman Hormuz re-opening talks; treasury yields edged higher while BTC rose. Chip stocks mixed; $Meta Platforms(META.US) gained on state AG settlement talks, TSLA slightly lower after a Cybertruck price hike. S&P 2026 EPS estimates continue to climb (+31% y/y to $346) on AI investment, bringing the forward E/P in line with the 10-year treasury yield (vs normal equity premium +50-100bp). I remain cautious on $Tesla(TSLA.US) due to declining forward earnings estimates, commoditization of unsupervised autonomy, and extreme valuation.

$VG S&P 500(VOO.US)

Context: The S&P 500 is hovering near recent highs while digesting mega-cap earnings and cautious interest-rate commentary ahead of the Jackson Hole symposium. Broad market valuations feel slightly stretched, leading to choppy, sideways trading across major sectors. 

My trade: Maintained position / Prepared limit orders — I am holding my core allocation steady while watching for short-term pullbacks toward key support levels, keeping cash ready to execute my regular dollar-cost averaging tranches at a discount.

Takeaway: Staying patient during macro headline noise prevents emotional chasing at record levels while keeping my long-term accumulation plan on schedule.

Singapore's Core PPI rose from 1.9% to 2.2% year on year, a storm in the brewing or just another mini roller coaster ride? Macroeconomic conditions have been more unpredictable than not, everybody predicts the FED to raise interest rates but nobody knows exactly when and how it will turn out with Trump still in office. Historical data shows that usually on mid term years, the stock market tends to correct itself from August to October, so let's see if the playbook is the same this time.

🌟🌟🌟This week in the US market is shaping to be volatile, with a slight lean toward cautious and choppy rather than a clean bullish trend. The direction will depend on $NVIDIA(NVDA.US)earnings, Core PCE inflation and US Treasury yields - the 3 big catalysts dominating Wall Street right now.

NVIDIA Earnings on Wednesday : the AI King decides the mood. If NVIDIA beats, tech stocks will rally and S&P500 gets a boost. If NVIDIA disappoints, semiconductor stocks maybe dragged down and Nasdaq could wobble hard.

Core PCE inflation (Friday) is the Fed's favourite gauge. Markets are waiting for confirmation of a September rate cut. Cooler PCE: rate cuts more likely and will be bullish for the market. Hot PCE: rate cuts delayed and will be bearish for the market.

US Treasury Yields and Geopolitics: Long dated yields have been rising again, which have historically pressured Tech stocks. Add the unresolved US Iran tensions and oil prices stay elevated resulting in inflation worries.

My Take: Most likely outcome, the markets will be choppy, sideways with sharp swings. This is not a clean trending week. It is a reaction week.

U.S. equities rose pre-market ahead of NVDA earnings, July PCE data, and Fed Chair Warsh’s Jackson Hole speech amid inflation concerns and stubbornly high long-dated Treasury yields. Brent crude fell, while BTC gained; gold and silver declined. Chip stocks rebounded on AI optimism in front of the $NVIDIA(NVDA.US) print; $Meta Platforms(META.US) and $Tesla(TSLA.US) both advanced. TSLA raised Cybertruck prices. S&P 2026 EPS estimates continued to climb on AI and energy strength, pushing P/E to 21.0x and a forward earnings yield of 4.7%, matching the 10-year yield for the first time since early 2024. I remain cautious on $Tesla(TSLA.US) due to declining 2027-30 earnings estimates, the commoditization of unsupervised autonomous driving technology, and an extreme valuation (6x PEG, highest by far among Mag 8 stocks).

Hmmm is chips going to continue falling with the arrival of similar Chinese products?

It will be interesting to see if US-Canada trade war ends up being just a negotiation tactic. It’s not the first time the Trump administration has done this.

Markets are turning more volatile as trade tensions, higher yields and geopolitical risks weigh on sentiment, while AI remains a key long-term growth theme.Singapore equities continue to show resilience, supported by strong banks and solid underlying fundamentals.

📊 Stay selective: focus on quality, cash flow and valuation and use market pullbacks to build positions rather than chase momentum.

🌟🌟🌟Buckle up! We have arrived at the most exciting week on the calendar. $NVIDIA(NVDA.US)is stepping up to the podium with its highly anticipated Q2 earnings. In another event, the world's central banking elite are packing their hiking boots for the Jackson Hole Economic Symposium where Fed Chair Kevin Warsh will be delivering a defining policy address.

What can investors expect:

Tech optimists are convinced that Wednesday will provide the ultimate fundamental validation to blast the S&P500 straight toward 8,500 by 2027.

If Jensen Huang takes the stage in his signature leather jacket and guides forward revenue into the stratosphere, the entire semiconductor sector will be ignited.

Conversely the Bears are not looking at GPUs. They are staring at the bond market. The US 30 year Treasury Bond yield is near its historic high of 5.33% in 19 years.

The Bears are betting that Kevin Warsh may give a hawkish speech with interest rates higher for longer due to stubborn inflation.

Whatever the outcome maybe, expect fireworks to tear through the trading pits this week.

apart from the US Canada fall out, it was relatively quiet over the weekends, and it felt like the lack of substantial news affected the markets today. like to see what sanctions will be imposed on Iran, and how they will be perceived by the markets.

I expect $Meta Platforms(META.US) to continue to underperform the S&P 500 near-term as the outcome of a $1 trillion trial in Northern CA overhangs the stock. Like tobacco litigation 30 years ago, $Meta Platforms(META.US) is being sued by California and a multi-state coalition of attorneys general who have argued that $Meta Platforms(META.US) designed Facebook and Instagram to be addictive to children and teens, improperly collected their data, and misled the public about the platforms' safety. The trial in federal court in Oakland before U.S. Judge Yvonne Gonzalez Rogers who was appointed by Barack Obama is likely to overhang the stock until the advisory jury renders a verdict in October. The advisory jury is hearing the evidence and issues a verdict; the judge is the ultimate decision-maker on liability, penalties, and remedies. On appeal, the case would go to the Ninth Circuit Court of Appeals, which is widely viewed as one of the more liberal circuits in the U.S. federal court system.

The tariff escalation increases the risk of a broader US-Canada trade conflict, raising costs for businesses and potentially adding inflationary pressure. Canada’s planned retaliation could further disrupt cross-border supply chains and weaken business confidence. The immediate market reaction reflects higher uncertainty, particularly as rising Treasury yields already pressure equity valuations. While the affected goods represent a relatively small share of total bilateral trade, prolonged tensions could weigh on growth, corporate margins and investor sentiment if negotiations remain stalled.

Gold and BTC rallying. Rotating out of stocks? Minor slowdown and correction? If it is, then maybe it is time to buy any small dip. haha

Bitcoin broke through $75,000 on Friday, marking its best weekly performance in about 2.5 years.

Bitcoin and related derivative financial products have experienced a prolonged slump, with hopes for relief in the near term.

Diversified investment structures represent a relatively healthy strategy.

Shein’s Hong Kong IPO on September 1 could be the market’s biggest show this year. I’m expecting a strong debut—the hype, brand recognition and retail appetite are hard to ignore. But after the initial pop, valuation and regulation could make this a bumpy ride.