VG S&P 500 Grw

US stocks edged higher (SPX +0.2%, NDX +0.1%) ahead of October PPI data as traders boosted bets on near-term Fed rate hikes, and shrugged off Jensen Huang’s dramatic exit from Nvidia. $NVIDIA(NVDA.US) rose 2.8% on its GPU lead and low valuation (C2027 P/E 10x), while some rivals like $AMD(AMD.US) and $Broadcom(AVGO.US) expected to benefit from NVDA’s leadership crisis fell. Markets now price over 100% odds of a Fed rate hike next month on strong job growth and higher core inflation, though brent crude’s 22% drop in the last two weeks and the likely wind-down of the Iran war could fuel talk of rate cuts in 2027. S&P 2026 EPS of $369 remain solid at +33% YoY, yet the FY2026 P/E of 20.6x and 4.8% earnings yield offers negative risk premium versus 10year treasuries.

The tech and AI landscape is getting a huge overhaul and despite what the FUDs are saying, it might actually be a good thing that AI not be too dependent on one individual or company.

The amount of narratives bombarding tech is deafening. And the timing as well. When the narratives try to push the markets down, it is usually a good sign. Especially when the markets stay resilient.

Not too sure how it will roll out.....

SG REITs: Interest Rate Risks Back in Focus

Markets are increasingly pricing in another US Fed rate hike in December, with a 50bps hike still a possibility.

If the Fed delivers the full 50bps increase, Singapore REITs could face renewed pressure from higher borrowing costs, refinancing risks and less attractive distribution yields.

Highly leveraged REITs with significant debt maturities may be more exposed.

For investors, it’s worth looking beyond headline yields. Gearing, debt maturity profiles and interest coverage will matter more than ever.

so disappointed with Jenson. anything outside company can, but don't mess up within company. was a retirement investment, now I have to sell it off

So many exciting news that the market is on sales now. Looking forward to next week's results.

$Spdr Select Tech(XLK.US)

Why buying makes sense: The drop looks driven by sentiment, not earnings. On Nov 5 the Nasdaq-100 fell 6.4% and chips 12%, its worst day since 2020, yet the S&P 500 is still up about 7% for 2026 and corporate earnings are growing strongly. XLK now trades at roughly 21x forward earnings, down from about 32x trailing in October, with estimated 3-5 year EPS growth above 30% (State Street). It closed near $162 on Nov 6, about 18-20% below its 52-week high near $198-203. Historically, tech corrections often find a floor within three to six months.

Why caution is needed: Momentum is negative. The Nasdaq has fallen four weeks straight, the VIX is near 26, and Fed hike odds remain high after a strong jobs report. Nvidia (about 15% of XLK) reports Nov 17, and AI-regulation worries after the midterms could extend the selling.