Bottom line: NVIDIA (NVDA) is in a corrective consolidation inside a still-intact longer-term uptrend. The stock is roughly 12% below its 2026-10-06 record high of $243.37, and the debate is not about demand but about how much of the AI capex cycle is already priced in at a ~$5.15T market cap.
Investment is essential for building long-term wealth. By investing wisely, managing risks and staying consistent, we can achieve financial security and sustainable growth.
Investment is essential for building long-term wealth. By investing wisely, managing risks and staying consistent, we can achieve financial security and sustainable growth.
Among major technology stocks, Tencent’s adjusted net profit attributable to shareholders rose 9% in the second quarter, although capital expenditure increased sharply. Alibaba’s adjusted net profit fell 38% in the June quarter, indicating divergent support from technology stocks.
Livestream Highlights: Semiconductors Echo the Dot-Com Buibble, Trade the Post-Midterm Low
Last night, I hosted a futures livestream on Tiger Brokers covering changing trends in semiconductor stocks and US equity indexes, along with trading ideas for gold and silver. If you missed the live session, you can watch the course replay here >> 半導體股已見底還是跌勢剛開始？股指新一輪大行情正在醞釀 Next, I will categorize and summarize the course’s most important information and trading insights. This should help investors who did not have time to attend the class quickly understand my current market views. First, a brief personal introduction: My Professional Background Gu Mingzhe is a guest strategy instructor for CME, an instructor for the Singa
Technical Edge: Nasdaq Bears Press On as Support Emerges! Hang Seng Stabilizes at a Key Level
Hello everyone! Today we will review the latest technical developments in the Nasdaq, Hang Seng Index, Singapore Straits Times Index, WTI crude oil, gold and silver. Market performance remains divergent, with rebound attempts and downside pressure occurring at the same time. We will combine fundamentals with technical structures to identify key support, resistance and the conditions required to confirm the next move. Nasdaq: Bearish Structure Persists; Watch Key Support Below 美光科技(MU)$$英伟达(NVDA)$$亚马逊(AMZN)$$特斯拉(TSLA)$
Big Options Bets: Nasdaq 29,000 Put Positions Explode as Gold Bulls Pile In at $4,350
Options on futures are option contracts whose underlying assets are futures contracts. Trading volume and open interest reveal how capital is positioned across different expiries and strike prices. They provide useful signals on market expectations, risk appetite and potential support or resistance zones, although they should not be interpreted as direct bullish or bearish signals. Today’s analysis covers changes in large options trades and open interest on October 28 relative to October 27. These are the latest available data in this report and provide a reference for assessing positioning and risk appetite. The latest futures options data show continued divergence across markets. The S&P 500 saw a wider put-side advantage, with multiple near-term strikes adding positions and the 6,20
Futures Insight: Oil Rallies as Inventories Build, Gold Destocks as Longs Retreat
Long Term Rates Fell This Week, Easing Discount Rate Pressure on Asset Valuations, While Fund Flows and Commodity Performance Remained Divergent.The 10 Year US Treasury Yield Declined to 4.99%, and the 10Y Minus 3M Spread Narrowed to 77 Basis Points as the Short End Remained Firm. Latest ETF Data Show That Overall Inflows Slowed. Equity ETF Inflows Were Broadly Flat, With a Larger Share Going to Overseas Equities, While Bond ETF Inflows Nearly Halved. Meanwhile, Crude Oil and Copper Edged Higher, but Gold Continued to Weaken, Indicating That Lower Rates Have Yet to Produce a Broad Commodity Rally. The Durability of the Price Recovery Will Depend on Regional Inventory Trends in Oil and Copper and the Pace of Long Liquidation in Gold. As of the US market close on October 27, 2026, the weekly
Macro Strategy Weekly: Will Key Supports Break This Week? A Bigger Correction Ahead?
Weekly Report: Key Views Hello everyone, and welcome to another edition of our Macro Strategy Weekly. Each issue features market strategy insights from selected contributors with relevant professional expertise. We also track how their views perform each week. Here is a preview of this week’s key ideas: Markets Turn Defensive as Volatility May Persist Through Next Year’s First Quarter Under the US dollar cycle model, market volatility could continue through the first quarter of next year. Safe haven, arbitrage and options strategies should therefore take priority. If US equities break below key trendlines, investors should focus on risk control. Gold is unlikely to regain bullish momentum before reclaiming its 20 day moving average. A confirmed break below $4,000 could open
Bottom line: NVIDIA (NVDA) is in a corrective consolidation inside a still-intact longer-term uptrend. The stock is roughly 12% below its 2026-10-06 record high of $243.37, and the debate is not about demand but about how much of the AI capex cycle is already priced in at a ~$5.15T market cap.
I find the semiconductor divergence more interesting than the outright bearish thesis. Rising memory spot prices alongside falling semiconductor equities could mean the market is anticipating a cyclical slowdown, but equities may also simply be repricing after very high expectations. The Russell 2000 thesis looks more compelling to me if Treasury yields continue falling. Smaller companies are generally more rate-sensitive, so sustained lower yields could broaden the rally beyond mega-cap tech. For gold, I would be cautious about chasing either direction. Heavy CTA shorts plus strong upside convexity create the ingredients for a sharp short-covering rally, even if another test toward US$3,850 remains possible. Overall, I would watch three confirmations: semiconductor earnings revisions, th
🌟🌟🌟Watching $Alphabet(GOOG)$ pull a 12% disappearing act feels like watching my favourite superhero accidentally trip over his own cape. It hurts, it leaves me wondering whether to buy the dip now or run for the hills? I believe it is best to buy $SPDR Portfolio S&P 500 ETF(SPYM)$ which is a broad based index ETF because it offers me greater diversification than just 1 stock. I am essentially trading the Win or Lose chaos for a much smoother ride. I can sleep better knowing that SPYM does the heavy lifting for me in choosing the best stocks in the fund. With an expense ratio of just 0.02%, there is more money in my pockets in the long term. Investing
The divergence is the most interesting signal to me. Nasdaq and silver still show weaker technical structures, while the Hang Seng is attempting to stabilise and WTI has regained momentum. Gold is somewhere in between, with the US$3,974–3,984 area looking particularly important. For equities, I would watch whether Nasdaq can start forming higher lows rather than trying to predict the exact bottom. For commodities, WTI looks stronger technically, but being close to its longer-term descending trendline makes the next breakout or rejection especially important. Overall, I would rather wait for confirmation through a breakout and successful retest than buy simply because an asset has reached support. Support is only meaningful if buyers actually defend it.
Among major technology stocks, Tencent’s adjusted net profit attributable to shareholders rose 9% in the second quarter, although capital expenditure increased sharply. Alibaba’s adjusted net profit fell 38% in the June quarter, indicating divergent support from technology stocks.
Investment is essential for building long-term wealth. By investing wisely, managing risks and staying consistent, we can achieve financial security and sustainable growth.
Investment is essential for building long-term wealth. By investing wisely, managing risks and staying consistent, we can achieve financial security and sustainable growth.
US markets are choppy but not broken. The S&P 500 hit a record near 7,819 on Oct 6, then slid to 7,624 by Oct 23, still up 11.4% for 2026, as the 10-year yield reached about 5.1%, oil climbed and AI-spending worries bit. Earnings reactions are harsh: ServiceNow fell roughly 24% and Alphabet about 10% on profit misses despite strong growth. With the Fed leaning hawkish and US midterms on Nov 3, I'd be cautiously bullish long term but tactically neutral. AI demand and earnings remain solid, yet elevated valuations punish any disappointment. Stage purchases, hold some cash, and avoid concentrated bets.