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dingdongbell

The market is still so expensive and I don’t think it is a good idea to buy at this point. I rather be safe so I am staying defensive.

$Apple(AAPL.US)Apple is a big component of the major indices and when she declines, it affects them. So far, Apple and the MAG7 have been holding up the market pretty well. But it looks like, she might be pulling back more and probably the big indices will follow as big weights such as Meta, Google and Microsoft also look kind of weak. I am staying safe and defensive.@Bridge Buzz SG

Looks like Singapore is very much an important cog of the AI supply chain and the exports data shows that clearly. As well Singapore is considered friendly to the US so that should support our GDP.

This market is either really bullish or are trapping the bulls. With prices so elevated and the charts looking so parabolic, I am being extra cautious. Still being defensive.

The market looks so strong but when you look deeper, it’s all on the surface. Only a few names are carrying the market and it’s quite easy to actually prop them up. I am staying defensive.

$AMD(AMD.US)AMD has been going strong the past month or so. She is a strong company and will benefit from the inference phase of AI. However, a great company does not mean buy at whatever price. As much as everyone wants a good discount, that applies to companies also. So I think the price has gotten ahead of itself thanks to FOMO and people who cannot wait who keeps bidding price up. Remember that the stock market is a transfer of wealth from the impatient to the patient ones.I prefer better prices so I shall wait. Patience is a virtue.@Bridge Buzz SG

I wish US and Iran will just stop behaving like spoilt children and act like the adults which they are. And US being supposedly stronger should just agree to disagree. Not everybody wants to have them as an example. Peace will only prevail when everyone agrees to each other differences and behave accordingly as to how they themselves wish to be treated.