dingdongbell

A healthy bullish market always have periods of shallow pullbacks and then bursts of upward movements or rallies. Looks like we are having a pullback which is much needed. The market needs to breathe too.

$NVIDIA(NVDA.US)

Nvidia is fast becoming not only the face of AI. She is also becoming the backbone. Everyone already recognises Nvidia as the ‘pioneer’ of AI, the one that woke the world up to AI.

Gone are the days when she was just a brand for graphic cards. (I remember those days when a wonderful gaming experience revolves around Nvidia graphics card and the ‘best games’ with amazing graphics need her to look at its best.)

Now she still does graphics cards of course but AI literally depends on her.

@Captain's Treasure

Looks like money is rotating back to AI and specifically stocks that benefit from the buildout after they retreated in a healthy pullback.

$Applied Optoelectronics(AAOI.US)

AAOI is one of the stocks supplying an important component of the AI supply chain amongst many. It enables GPUs to communicate with one another both within the rack as scale up and between racks as scale out.

She provides the optic component with copper being the other which has a shorter range and with the next phase beings CPO and NPO, optic providers are getting a lift out of the AI buildout.

Even Credo, a copper networking provider, has pivoted to optics.

I believe AAOI is still being rerated and price is looking like it is consolidating for another big push up.

@Captain's Treasure

The inflation numbers are out and both CPI and PPI are looking favourable. The markets like them and are trending higher as a result.

Time for Gold and Silver to Shine

Gold has always been an asset that has been treasured since thousands of years ago. So is silver.

I mean if you look through history, what was the universal currency of many civilisations that became before us. Yup it’s gold and silver coins.

Why not diamonds or some other shiny stuff? I don’t know. Gold and silver were the chosen ones.

Even now, what do governments and organisations store to denominate value?Gold primarily. They keep gold and put it on balance sheets.

In times of uncertain financial policies, gold gets turned to. Gold’s price as well as the other precious metals seen to indicate the previous months’ drawdown is done and their price might go up again as people flock to them for safety.

@Captain's Watch

$AMD(AMD.US)

AMD is looking steady at these time. She has weathered the tech selloff pretty well and is well positioned for another run at her all time highs.

Fundamentally, AMD is also in a good place. Her strength lies in inference and that is exactly where the next phase of this AI revolution is heading towards.

@Captain's Treasure

The CPI came in as expected and some say milder. So that is a good thing for inflation I guess. The markets had a good lift out of it.

$Apple(AAPL.US)

Apple has retreated a bit since its ATH on 29th July which (no surprises here!) was also the day high beta tech ‘bottomed’.

I had mentioned how Apple being defensive tech and a huge market cap made it convenient for funds to ‘park’ their capital while waiting for high beta tech to bottomed. Some of that money has rotated into high beta tech again it seems and as momentum picks up, it looks like high beta tech is just starting its engine again after a good rest.

@Captain's Treasure

I 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.

$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)

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.

🇸🇬🇸🇬🇸🇬

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