I think the market is showing an interesting divergence between short-term sentiment and long-term fundamentals. I remai…

I think the market is showing an interesting divergence between short-term sentiment and long-term fundamentals. I remain positive on Big Tech, especially companies with strong cash flow, established AI ecosystems and the ability to turn AI investments into real earnings. However, the weakness in chipmakers is a reminder that AI growth is not without risks. Data centre spending, financing costs and potential delays in infrastructure expansion could affect the semiconductor supply chain. I would rather wait for prices to stabilise than rush to average down, especially on leveraged positions.

For Singapore, $DBS(D05.SG) missing forecasts is worth monitoring, but I would not judge the entire banking sector based on one quarter. Trading income can be volatile, so I will pay closer attention to net interest margins, credit quality and dividend sustainability. Overall, I am staying selective and disciplined. Market volatility can create opportunities, but I prefer to accumulate quality businesses at reasonable valuations rather than chase a short-term rally. Consistency and capital preservation remain my priorities.