As expected that Chip selloff is temporary and just moved together with US market. Demand is still there.
SG Banks continues to pullback to reconsolidate after months of over valuation. With Q3 earning results nearing, this could potentially impact the entire SG market.
The chip rout that defined last week ended on Monday, and Asia is not buying it. At home, the STI is slipping. Let's dig in 👇💬 Wall Street says the selloff is over, Asia says it isn't. Which side are ...
Chip Selloff during the bloodbath means nothing. Just a temporary pullback to me. The AI driven demand will still bring it up eventually. I will be watching closely to upcoming Nvidia, Tesla and Meta results.
On the other hand, curious why the SG banks have diverged. Despite OCBC having the best earnings previously, it has fallen the most. Probably Q3 forecast earning is not up to expectation.
Chip stocks fell for an eighth straight day, the longest run on record, and the traders shorting them are up about $32B. At home, the banks have split. Let's dig in 👇💬 Eight days down and the Fed goes...
Everything so hot maybe October hike is possible before December hike again.
September PPI landed a full point above forecast, and two big banks changed their rate calls. At home, September exports came in at double the forecast. Let's dig in 👇💬 With a December hike priced nea...
I think the CPI result came unexpected to many. Despite this, it means bearish market and a red hot sales for everyone!
Even outside of the US, we set the full bloodbath across! Time to touch those dry powders!
September CPI came in hotter than anyone wanted, and the market's odds of an October hike doubled within the hour. At home, the STI is down about a percent. Let's dig in 👇💬 With an October hike now cl...
SG stocks experienced correction. With the low forecasted inflation, we should see rates going up.
CPI should be going hot and we shall see effects on the US stock in days to come.
Three Fed officials backed another rate hike on the same day, hours before tonight's CPI. At home, MAS surprised every analyst by holding. Let's dig in 👇💬 If tonight's CPI runs hot, do you add to rate...
Not sure why the SG banks slipped so much from a downgrade rating. Is it a good time to buy the dip?
OCBC is down about 10% in two days after Citi's sell call, and DBS and UOB are sliding with it. Rates aren't helping: the US 10-year just touched 5.35%. Let's dig in 👇💬 Buying the bank dip in 10-share...
Yesterday SpaceX was on headlines for its rally but turned around, now it is raising its debt. So don't always chase the news. Although this news only displays how essential Nvidia has become in the current ecosystem.
SP500 hits record so we are pushing to a new level. More to come!
The S&P 500 and Nasdaq closed at records again, and SpaceX is reportedly lining up US$40B of debt to buy Nvidia chips. Under the surface it was messier: Seagate sank -9.2% while nuclear power names ri...
SpaceX jump i feel is just a one off due to news. Dont chase the news is the way.
On the other hand, Nvidia has stayed consistent without news that enabled it to reach its record.
So keep the boat still and keep going!
SpaceX ripped +7.6% after Morgan Stanley called it one of the cheapest ways to own space and AI, putting Musk back above $1 trillion. Nvidia closed at a record and dragged the Nasdaq to one too. The c...
The huge change today for SG market investors to buy 10 per lot will certainly attract frequent investing and new investors to onboard.
SGX slipped probably due to global factors. Wait for SG banks to feel the impact and pullback after today 10 lot news hype that drove its prices up before pumping in!
From today you can buy DBS, OCBC, UOB and SGX in lots of 10 instead of 100. SGX itself fell 7% on Friday with no announcement behind it. In the US, September added just 29,000 jobs, October hike odds ...
This suggested that expectations are already priced in or guidance can hardly make any significant movements.
Micron printed US$54.23b and the stock closed flat, CICT's distributable income rose 13% while the units kept falling, and one member sold DBS for a S$1.49 gain before it ran another S$18 — a week about the gap between a number and a price.
As mentioned yesterday, i wouldnt read too much into the guidance. And the fact that the stock falls flat, seems like there is no clear indication as to how stocks will react.
With this PCE cooler, i guess we can only see a hike in December.
Micron printed a record $54.2B quarter, guided to $61.5B, and the stock closed flat. A cooler PCE pushed October hike odds below a coin flip, but the 10-year still climbed above 5.2%. Let's dig in 👇💬 ...
The focus will be mainly on the PCE report tonight which may determine the Fed hike later on that will trigger chain reaction from multiple stocks.
As for $Micron Tech(MU.US) guidance, it will have a short term impact on semiconductor and tech stocks. But I wouldn't read too much into it as it could be wrong and tech stock has been defying the odds recently.
Fed's Williams saw "no need for urgency" on the next hike, cutting October odds to a coin flip ahead of tonight's PCE. Then Micron reports before dawn Thursday, with Street targets from $1,100 to $2,0...
AI cooling due to news over AI fears and talks about kill switch. But i doubt this fear is long term and soon people forget and the surge continues.
Tomorrow all eyes on Fed hike 👀
Anthropic, OpenAI and xAI's CEOs called for slower AI development this weekend — Trump dismissed it as a "hoax" live with Nvidia's Jensen Huang. Chip stocks crashed while cybersecurity surged as the "...
