YieldMax AI Option Income Strategy ETF

I think Apple has a good chance to surprise this earnings season. Expectations aren’t as high as before, so even a decent beat with positive comments on AI, Services, or iPhone demand could push the stock higher. If management gives investors more confidence, sentiment can improve quickly.

On the other hand, I’m slightly cautious on Meta. The business is still very strong, but the stock has already had an incredible run and expectations are extremely high. When a stock is priced close to perfection, even good earnings may not be enough if guidance or capital expenditure disappoints. I wouldn’t be surprised to see some profit-taking after the report.

My take: Apple has more room to surprise, while Meta has more room to disappoint. @Captain's Watch

Amazon.com, Inc. $Amazon(AMZN.US) continues to showcase robust operational execution across its dual profit engines: e-commerce and cloud computing. In its recent financial reporting, Amazon demonstrated significant operating leverage, highlighted by a record 13.1% operating margin driven by the rapid re-acceleration of Amazon Web Services (AWS). While its core marketplace remains dominant—buoyed by record-setting events like Prime Day—the real catalyst for the company’s current expansion is its high-margin advertising services and cloud sectors.

Despite these strong fundamentals, the stock has underperformed relative to pure-play artificial intelligence chipmakers and power suppliers, trading at roughly $232 per share, which represents an attractive entry point at a forward price-to-earnings multiple of 27x.The primary near-term headwind pressuring the stock price is management’s aggressive infrastructure investment cycle. Amazon has planned roughly $200 billion in capital expenditures for 2026, heavily focused on building out data centers and scaling its AI infrastructure. This massive spending surge has temporarily compressed trailing free cash flow.

However, the market appears to be underestimating the structural margin benefits of Amazon’s proprietary hardware. The company’s custom AI silicon portfolio—including its Graviton and Trainium chips—has already surpassed an annual revenue run rate of $20 billion, allowing AWS to fulfill heavy enterprise workloads at a significantly lower cost than wholesale GPU alternatives.For long-term investors, the disconnect between Amazon’s record operational health and its flat year-to-date stock performance presents a compelling “bargain hiding in plain sight”. Wall Street remains overwhelmingly bullish, maintaining a consensus “Moderate Buy” to “Strong Buy” rating with an average twelve-month price target of approximately $313, representing a projected upside of over 34%.

$TE Connectivity(TEL.US)

From a risk management and capital perspective, the post-earnings pullback has created a stark valuation disconnect. TEL currently features a remarkably compressed price-to-earnings-to-growth (PEG) ratio of 0.18, signaling that the market is severely underpricing its trailing 107.5% net income growth. Concurrently, aggressive ongoing share buybacks are actively supporting shareholder yield. Rather than chasing overextended AI software names, accumulating this deeply undervalued hardware anchor during a consolidation phase is a highly disciplined way to play the secular hardware and energy grid modernization cycle.

$Micron Tech(MU.US)

The last hit I have marked is $1014. Thereafter dropped like

Nobody business. Nice rebound last. But better safe then sorry cos as said before US stocks even AI are all unpredictable due to US always living day by day in the midst of chaotic affairs.

SO invest wisely 🥳🍷✈️

The memory semiconductor sector rebounded strongly after a recent pullback, supported by a positive UBS outlook and robust South Korean export data pointing to sustained AI-related hardware demand. The rally lifted memory stocks and drove broad gains across semiconductor shares, reinforcing investor confidence in AI infrastructure spending. While the move suggests improving sentiment, the sector remains sensitive to future demand trends, inventory conditions and broader macroeconomic developments.

It has been a healthy pullback for tech especially the AI names, much needed in fact. Price looks like it is stabilising and ready for its next leg up.

🦎 IGGY MORNING BRIEF, 20 JULY 2026

☕ Good morning. SGX opens at 9 AM SGT.

OVERNIGHT US

Wall Street closed lower: Dow -0.8%, S&P -1.0%, Nasdaq -1.4%. AI/semiconductor names led declines (Nvidia heaviest) as investors reassess the trade’s runway. Less direct for SGX dividend plays, but risk-off could pressure growth-adjacent names locally.

SGX PRE-OPEN

STI closed Friday at 5,509.4 (-0.5%). Brent crude jumped 4.6% to ~$88/bbl – biggest weekly gain since April – after US strikes on Iran overnight (per Bloomberg). Ceasefire fragile; infrastructure hits broaden conflict. USD/SGD at 1.2912.

THREE ON RADAR

Z74 SingTel, +1.14% to $4.44 – Caution flagged. Yield ~4% but meaningful distribution from asset recycling, not operating income – key watch. Friday’s move modest; no change.

558 UMS, -4.31% to $2.44 – No full audit yet; watching only. Third straight session of weakness in semiconductor/AI supply chain, mirroring global rotation – not isolated.

A17U CapitaLand Ascendas REIT, +1.21% to $2.51 – No full audit yet; watching only. Moved against broader tone on solid volume – merits closer look.

GAME PLAN

Watching if Friday’s tech weakness carries into Asia. Iran has shifted from background to active exchange; if oil holds above $88, it adds to household cost pressure I track via Q3 tariff resets – that matters for a CPF/SRS portfolio, not headlines. Separately, MAS reportedly in early talks with fund managers on tax incentives to keep Singapore competitive vs HK on carried interest – still discussion-stage. Nothing moves my forensic thresholds. Watching, not reacting.

Not financial advice. Iggy’s Forensic Compliance Standards apply.

$Realty Income MD(O.US)39.SG$ riding the SG resilience with the STI near records while global chips wobbled. all three local banks doing the heavy lifting, and with DBS targeting a trillion in wealth AUM by 2030, the whole SG bank sector is riding the Asian-money-inflow story. i hold OCBC as ballast, ~5% yield, steady while the AI trade whipsaws 20% in a week. not adding at highs, just collecting.

TSMC 2nd quarter (Q2) conference on Thursday (7/16), media report expectations:

Source: Dan Nystedt

cool CPI did exactly what $Invesco QQQ Trust (QQQ.US)$ holders needed, 3.5% vs 3.8% expected, biggest monthly drop since 2020, and July hike odds collapsed from 42% to 17%. that's the rate pressure lifting off the whole index in one print. i hold QQQ long term and this is the kind of macro relief that lets the AI names run. still watching PPI today though, one print doesn't end the debate.

While most investors focus on high-growth US technology stocks, I continue to accumulate shares of Singapore Exchange because it offers something many growth stocks cannot: stability, consistent cash flow, and attractive dividends. As a long-term investor based in Singapore, I like owning a business that benefits directly from the growth of the local capital market while generating recurring revenue from trading, clearing, and market data services.

Another reason I buy SGX is its defensive business model. Whether investors are bullish or bearish, markets continue to operate and participants continue to trade. SGX has also expanded beyond equities into derivatives, foreign exchange, commodities, and data services, making its earnings more diversified and resilient. This gives me confidence that the company can continue delivering steady performance even during periods of market volatility.

Most importantly, I view SGX as a quality compounder rather than a quick trading opportunity. The dividend income provides me with a reliable stream of cash while I wait for long-term capital appreciation. In a portfolio that already has exposure to high-growth AI and technology stocks, SGX helps balance risk and adds a layer of stability that allows me to stay invested through different market cycles.

$SGX(S68.SG)

Markets reflected a mixed outlook as investors weighed hawkish June FOMC minutes against continued strength in technology. While the Fed highlighted persistent inflation risks and uncertainty around AI-related capital spending, semiconductor stocks outperformed, offsetting weakness in banks and airlines. A firmer U.S. dollar and softer gold prices suggest markets modestly increased expectations that interest rates could remain higher for longer.

Samsung reported amazing profits but the South Korea market collapsed another 8% after opening bell due to AI bubble fears and Korean traders playing with margins. Back home, the STI rose another 1%, with local banks continuing the bullish charge.

Nasdaq-100 inclusion could give the stock a strong short-term boost as passive funds complete their buying.Once the event is over, however, it's common to see some profit-taking as traders lock in gains.Await for a healthy pullback and see if the stock can hold its key support levels. If the broader AI trend remains intact,to buy the dip than chase the breakout

$SpaceX(SPCX.US)

🚀 SpaceX ($SpaceX(SPCX.US)): Is This Post‑IPO Dip a Bargain?

I have prepared a clear infographic breaking down all these details for your easy reading.

After making history with the largest IPO ever on June 12, SpaceX has seen a natural pullback but Wall Street views this decline as an attractive buying opportunity.

🔷 Index Inflows Are Coming

SpaceX is being fast‑tracked into major benchmarks. It recently joined the FTSE and Russell indices and will officially enter the Nasdaq‑100 on July 7, 2026.

This automatic inclusion will drive billions in passive fund flows, securing strong institutional support early on.

🔷 Global Connectivity Race

Competition is heating up. Amazon has launched its satellite internet service with over 390 satellites, directly challenging Starlink’s lead.

🔷New Tech & Market Moves

🟢 AI hardware: Reports say SpaceX has built a prototype device that could change how users interact with artificial intelligence, (Rumour speculating, not confirmed by Elon Musk).

🟢 Telecom disruption: Plans for direct‑to‑consumer mobile service and talks with Charter Communications have pressured traditional carriers like AT&T and Verizon.

🔷Analyst Consensus: Mixed.

Firms including Wedbush and Oppenheimer stay bullish:

🟢 Strong Buy: 44.44% , Hold: 44.44%, Sell: 11.11%

🟢 Average price target: $210.86 (range: $115 – $401)

🔷The Verdict

Supported by index demand and expansion into AI, telecom and space infrastructure, SpaceX is evolving rapidly.

Do you see this dip as a chance to buy? 👇

When you beat deliveries by 74k and still drop 7.5%, the market’s telling you EVs alone don’t justify the valuation. With margins and robotaxi still weeks out, I think the AI hype is fully priced in and I’m staying sidelined.

Why markets got hit with some downside today…

Source: amit

AI demand looks structural, not a fad. With chips now 19.7% of the S&P and the best quarter since 2020, I’m riding the AI trade into Q3. Capex from hyperscalers should keep this rally going despite the noise.