Stock Trading and Analysis

🌍 Global Market Wrap — 2026-09-11 09:05 SGT =================================== S&P 500: 7591.69 (-0.59%) ↓ Dow Jones: 52069.22 (-0.61%) ↓ Nasdaq: 26081.72 (-0.65%) ↓ Nasdaq 100: 29103.51 (-1.08%) ↓ Euro Stoxx 50: 6268.98 (-0.67%) ↓ Nikkei 225: 63577.64 (-2.59%) ↓ Hang Seng: 24954.47 (-1.27%) ↓ Straits Times: 5708.02 (+0.32%) ↑ S&P/ASX 200: 8729.80 (-1.02%) ↓ CSI 300 (China): 4548.39 (-0.53%) ↓ Crude Oil Futures: 103.34 (+0.84%) ↑ Gold Futures: 4373.20 (-0.77%) ↓ US Dollar Index: 99.04 (-0.05%) ↓ 📰 Global Market Headlines • Bessent says 'a large bank' will be sanctioned on Monday as part of Iran strategy • Oracle's stock edges up on earnings beat as cloud infrastructure revenue more than doubles • Friday's CPI inflation report is even more important than usual. Here's what to expect • Trump's $1 trillion-plus 'dividend' plan meets immediate bipartisan pushback • Gold price today, Wednesday, September 9, 2026: Gold prices drop following U.S. strikes on five Iranian oil tankers • Datavault AI responds to shareholder securities lawsuit and short-seller dispute • Leveraged loan issuer earnings growth persists, despite AI spending fears

Singapore Airlines Is #1 in the Sky but 0 for 7 in Investing? Singapore Airlines is one of the best-rated airlines in the world — but its track record investing in other airlines tells a very different story. From Air New Zealand to Virgin Atlantic to the ongoing Air India saga, we break down 7 foreign airline bets and why almost none of them paid off. https://youtu.be/41AfPHZy1gU *Got a topic you'd like to dig into further? Drop a comment — we'd love to discuss it with you.

🌍 Global Market Wrap — 2026-09-10 09:48 SGT =================================== S&P 500: 7636.37 (-0.48%) ↓ Dow Jones: 52386.25 (-0.77%) ↓ Nasdaq: 26253.34 (-0.64%) ↓ Nasdaq 100: 29421.55 (-0.29%) ↓ Euro Stoxx 50: 6311.57 (-1.58%) ↓ Nikkei 225: 64471.38 (-1.03%) ↓ Hang Seng: 25010.36 (-1.05%) ↓ Straits Times: 5697.23 (-0.57%) ↓ S&P/ASX 200: 8750.40 (-1.81%) ↓ CSI 300 (China): 4537.05 (-0.78%) ↓ Crude Oil Futures: 96.84 (+0.82%) ↑ Gold Futures: 4450.10 (-0.24%) ↓ US Dollar Index: 98.78 (+0.00%) → 📰 Global Market Headlines • Trump says oil and gas prices won't fall until 'right after' midterm election • Bessent’s political turn in GOP speech tests his bond-market credibility • Republicans to tout congressional stock-trading ban at midterm convention as Trump trades • Bond sell-off, stock boom: Why rebalancing is a good strategy right now • Why Cramer still recommends being 'a little more reserved' about data center stocks • Why Novartis’ Drug Trial Results Are Blowing Up Amgen Stock • SK hynix Stock Just Surged 8% in Seoul. U.S. Investors May Get a Reality Check Tuesday. • Stocks Pressured by Rising Crude Oil Prices

🔔 Analyst Rating Changes ⬇️ Amgen (AMGN) — BMO Capital: Outperform → Market Perform [Down, 08 Sep] ⬆️ Intel (INTC) — Northland Capital Markets: Market Perform → Outperform [Up, 08 Sep] ⬆️ Costco (COST) — Freedom Broker: Hold → Buy [Up, 08 Sep] ⬆️ Synopsys (SNPS) — Morgan Stanley: Equal-Weight → Overweight [Up, 08 Sep] ⬆️ Airbnb (ABNB) — Raymond James: Market Perform → Outperform [Up, 08 Sep] ⬆️ Old Dominion (ODFL) — Citigroup: Neutral → Buy [Up, 08 Sep]

Odds of a rate hike for next week's FOMC meeting is close to 60%. If a rate hike does occur, the overwhelming consensus is a 25 bps point increase. In the past 6 rate hikes, 5 have been 25 bps hikes. 1 month later, S&P ended in the red for all 5 cases before ending up green 1 year later. The only exception was back in 2022, when the Fed gave a larger than expected 50 bps hike. Opposite effect, green 1 month later and red 1 year later. The magnitute of the hike does matter for markets.

🌍 Global Market Wrap — 2026-09-09 09:02 SGT =================================== S&P 500: 7673.53 (-0.58%) ↓ Dow Jones: 52791.29 (-1.18%) ↓ Nasdaq: 26421.41 (-0.32%) ↓ Nasdaq 100: 29507.70 (-0.12%) ↓ Euro Stoxx 50: 6413.18 (+0.14%) ↑ Nikkei 225: 65605.98 (+0.52%) ↑ Hang Seng: 25317.18 (-0.38%) ↓ Straits Times: 5750.88 (-0.29%) ↓ S&P/ASX 200: 8910.40 (-0.12%) ↓ CSI 300 (China): 4558.74 (-0.36%) ↓ Crude Oil Futures: 94.61 (+1.70%) ↑ Gold Futures: 4401.40 (-0.85%) ↓ US Dollar Index: 98.80 (-0.04%) ↓ 📰 Global Market Headlines • Canada's retaliatory tariffs worth CA$27.6 billion take effect as trade rift with U.S. deepens • AI infrastructure stocks rally on deal announcements from Qualcomm, Corning • LIV Golf files for Chapter 11 bankruptcy protection • China's trade booms as focus turns to expected Trump-Xi summit • Loss of Costco deal helps push beverage brand into Chapter 11

Another interesting piece of data The US market was closed last night due to Labour Day. The first trading day after Labour Day tends to be rough. Since 2017 the first trading day has always end up red, while the 4-day week finished green only 3/9 times. Expect some weakness for the week ahead (of course, the market could always prove me wrong).

🌍 Global Market Wrap — 2026-09-08 09:15 SGT =================================== S&P 500: 7718.61 (-0.38%) ↓ Dow Jones: 53419.33 (-0.51%) ↓ Nasdaq: 26506.99 (-0.29%) ↓ Nasdaq 100: 29544.16 (+0.21%) ↑ Euro Stoxx 50: 6404.00 (+0.17%) ↑ Nikkei 225: 66641.20 (+0.36%) ↑ Hang Seng: 25413.12 (-0.93%) ↓ Straits Times: 5758.64 (-0.58%) ↓ S&P/ASX 200: 8959.30 (-0.57%) ↓ CSI 300 (China): 4575.02 (+0.59%) ↑ Crude Oil Futures: 92.51 (+1.13%) ↑ Gold Futures: 4464.80 (-0.26%) ↓ US Dollar Index: 98.82 (-0.08%) ↓ 📰 Global Market Headlines • Trump says he's made 'Hundreds of Billions of Dollars on Stocks' for the U.S., in stream of AI posts • SpaceX rival launches rocket in historic first, says industry is 'desperate' for more • Greenland welcomes major funding boost from EU amid Trump’s annexation threats • Treasury yields face 4.8% test as fiscal risks threaten to spill into other assets • Scott Galloway issues grim SpaceX stock price forecast • Wynn Resorts (WYNN) Doubles Its Profit But Cracks Are Showing • The VIX Is Playing Tricks: Why Stocks Are Volatile, But the Fear Gauge Is Sleeping • Murphy USA (MUSA) Delivers Robust Second-Quarter Earnings on Surging Fuel Margins

Last week Wall Street ended Friday lower, with the Dow down 0.5%, S&P 500 0.4% and Nasdaq 0.3%. The S&P 500 and Nasdaq managed small gains for the week. A classic case of good news for the economy means bad for the stock market. The US economy added 162,000 jobs in August, more than the 53,000 consensus, while unemployment held at 4.1%. That pushed the probability of a September Fed hike to 58% from 51%, with the 10-year Treasury yield rising above 4.78%. A resilient labour market is good for the economy, but it also gives the Fed more room to fight inflation by hiking rates. . Interestingly, chips bucked the weakness. Sandisk, Seagate and Western Digital jumped 6% to 12%, AI still has some fight left. Elsewhere, *Tesla* fell 6% after regulators opened a probe into its Cybercab certification, while Lululemon plunged 17% after issuing a weak guidance. Adobe dropped more than 6% following Anil Chakravarthy appointment as its next CEO. *What’s Cooking This Week* . Next week looks like another macro-heavy week, with inflation and interest rates likely to take centre stage again. . In the US, the key event is *Friday’s August CPI*. Inflation could be the next insight into the path of future Fed's policy rates, after the jobs report. Higher energy costs from the US-Iran conflict (WTI and Brent crude prices remain elevated) add another complication, so a hotter CPI could quickly revive rate-hike concerns. . We’ll also get *University of Michigan consumer sentiment* on Friday, which may offer clues on how higher fuel prices and cautious spending are affecting the US consumer. . On the corporate front, there’s plenty to watch too. *Apple’s product event on Wednesday* will offer visibility onto its latest iPhones and product pipeline. Oracle and Adobe report on Thursday. For the AI trade, Oracle could be particularly interesting given the market’s focus on AI infrastructure, AI spending and its rising debt commitments. . So after last week’s jobs report, the balance of risks shifts from growth back to inflation. If CPI comes in hot, expect the rate hike conversation to heat up very quickly again.

🌍 Global Market Wrap — 2026-09-07 09:53 SGT =================================== S&P 500: 7718.61 (-0.38%) ↓ Dow Jones: 53419.33 (-0.51%) ↓ Nasdaq: 26506.99 (-0.29%) ↓ Nasdaq 100: 29544.16 (+0.21%) ↑ Euro Stoxx 50: 6392.94 (+0.14%) ↑ Nikkei 225: 66466.72 (+2.22%) ↑ Hang Seng: 25548.59 (-0.40%) ↓ Straits Times: 5776.22 (-0.44%) ↓ S&P/ASX 200: 9010.20 (+0.05%) ↑ CSI 300 (China): 4557.61 (+0.21%) ↑ Crude Oil Futures: 91.86 (+0.42%) ↑ Gold Futures: 4457.20 (-0.43%) ↓ US Dollar Index: 99.13 (-0.03%) ↓ 📰 Global Market Headlines • AI data centers are transforming rural land markets — and fueling a backlash • Trump turns up the heat on Warsh as Fed rate hike looms • Sugar is outperforming the stock market this year. Here's what's driving it, and where it can go from here • Trump’s state capitalism comes to the oil industry with his unprecedented Venezuela deal • LeBron James teases partnership with Polymarket • US ambassador visits Palestinian town amid rise in West Bank settler violence • 39-year-old ammunition manufacturer files Chapter 11 bankruptcy • Broadcom (AVGO) AI Revenue Soars, But Wall Street Wants More • ‘AI Laggard’ Apple Is Sitting Pretty, But AAPL Stock Might Be Running Out of Room to Outperform • CrowdStrike (CRWD) Stock Faces High Expectations After Strong Gains, DA Davidson Stays Bullish

The U.S. stock market will be closed on Monday, September 7, 2026, in observance of the Labor Day holiday.

🌍 Global Market Wrap — 2026-09-04 09:25 SGT =================================== S&P 500: 7747.70 (+1.06%) ↑ Dow Jones: 53691.38 (+1.18%) ↑ Nasdaq: 26584.06 (+1.40%) ↑ Nasdaq 100: 29482.32 (+1.16%) ↑ Euro Stoxx 50: 6383.80 (+0.34%) ↑ Nikkei 225: 64726.72 (+0.80%) ↑ Hang Seng: 25515.74 (+1.20%) ↑ Straits Times: 5774.83 (+0.47%) ↑ S&P/ASX 200: 9028.40 (+0.09%) ↑ CSI 300 (China): 4552.58 (+0.10%) ↑ Crude Oil Futures: 91.72 (+0.46%) ↑ Gold Futures: 4523.40 (-0.36%) ↓ US Dollar Index: 98.98 (-0.02%) ↓ 📰 Global Market Headlines • Vance says Fed should lower interest rates: 'Would be nice to have some help' • Lululemon stock plunges 15% on disappointing earnings and outlook • Hugging Face approached Nvidia’s Huang weeks ahead of $12.9B acquisition, CEO tells CNBC • Carney claps back at Lutnick, says Canada will resume trade talks 'when the Americans are ready' • Zscaler stock rises on earnings beat, upbeat guidance

The Fed's next rate decision drops September 17 at 2AM SGT — and it could ripple into your mortgage, savings, and investments. In this video, we break down the Fed funds rate, what the ECB, Bank of Japan, and MAS are each doing differently, and what a potential Fed hike could mean for your money in Singapore. https://youtu.be/Vse8HAnnCHI

🌍 Global Market Wrap — 2026-09-03 09:15 SGT =================================== S&P 500: 7666.59 (+0.46%) ↑ Dow Jones: 53067.32 (+0.56%) ↑ Nasdaq: 26217.83 (+0.45%) ↑ Nasdaq 100: 29143.33 (+0.23%) ↑ Euro Stoxx 50: 6362.16 (-0.11%) ↓ Nikkei 225: 64430.19 (+0.16%) ↑ Hang Seng: 25311.21 (-0.07%) ↓ Straits Times: 5761.60 (+0.30%) ↑ S&P/ASX 200: 8986.80 (+0.09%) ↑ CSI 300 (China): 4547.96 (-1.38%) ↓ Crude Oil Futures: 90.75 (-0.29%) ↓ Gold Futures: 4438.10 (+0.53%) ↑ US Dollar Index: 99.54 (-0.03%) ↓ 📰 Global Market Headlines • Broadcom delivers strong earnings view as CEO touts growth with AI labs • Microsoft to start disclosing Azure quarterly revenue as company consolidates business units • 10-year U.S. Treasury yield hits highest level since November 2023 • CNA Explains: Why is SIA staying invested in loss-making Air India, and can its long-term bet pay off? • Denny’s rival dining chain files for Chapter 11 bankruptcy • Scotiabank (BNS) Just Blew Past Its Own Profit Target • As US Bond Selloff Accelerates, Treasury Secretary Scott Bessent Says a Stronger Yen is Coming

🌍 Global Market Wrap — 2026-09-02 09:29 SGT =================================== S&P 500: 7631.48 (-0.71%) ↓ Dow Jones: 52772.27 (-0.79%) ↓ Nasdaq: 26099.77 (-1.03%) ↓ Nasdaq 100: 29077.22 (-1.29%) ↓ Euro Stoxx 50: 6368.99 (-0.80%) ↓ Nikkei 225: 64529.52 (-2.55%) ↓ Hang Seng: 25280.82 (-0.19%) ↓ Straits Times: 5711.34 (+0.02%) ↑ S&P/ASX 200: 8944.30 (-1.35%) ↓ CSI 300 (China): 4611.44 (-0.30%) ↓ Crude Oil Futures: 91.73 (+1.67%) ↑ Gold Futures: 4365.50 (-0.70%) ↓ US Dollar Index: 99.73 (+0.08%) ↑ 📰 Global Market Headlines • China dissented from G20 statement opposing 'cheap exports' flooding market, Bessent says • Palo Alto Networks beats quarterly estimates on AI demand, continues acquisition spree • GoPro joins AI bonanza with pivot into data centers as shares skyrocket 40% • US urges G20 to cut trade imbalances, focus on China • South Korea's policy chief resigns after investments controversy • Oil extends gains, stocks drop as Trump issues fresh Iran warning • Shein shares slide in Hong Kong debut on worries about trade and regulatory risks • Denny’s rival dining chain files for Chapter 11 bankruptcy

🌍 Global Market Wrap — 2026-09-01 09:41 SGT =================================== S&P 500: 7686.15 (-0.33%) ↓ Dow Jones: 53191.33 (-0.70%) ↓ Nasdaq: 26370.89 (-0.12%) ↓ Nasdaq 100: 29456.97 (+0.08%) ↑ Euro Stoxx 50: 6420.16 (-1.01%) ↓ Nikkei 225: 66215.58 (-0.14%) ↓ Hang Seng: 25390.47 (-0.69%) ↓ Straits Times: 5734.06 (-0.37%) ↓ S&P/ASX 200: 9034.70 (-0.46%) ↓ CSI 300 (China): 4618.73 (-0.14%) ↓ Crude Oil Futures: 86.55 (+0.92%) ↑ Gold Futures: 4488.20 (+0.15%) ↑ US Dollar Index: 99.47 (+0.05%) ↑ 📰 Global Market Headlines • Venezuela grants U.S.-backed oil firm NABEP 100-year concessions for 17 oil fields, White House says • Fast-fashion giant Shein's shares drop 7% in Hong Kong market debut • Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up • Manhattan's luxury rental market is booming, with units reaching $100,000 a month • Goldman Sachs sends blunt message on oil price, economy • A Major $12.9 Billion Catalyst Is Brewing for Nvidia Stock

2nd pic: September is typically one of the weakest month in a calendar year. Since 1950, the S&P 500 tends to start off September slow before its weakness intensifies in the second half. The S&P has formed its September low 36.8% of the time in the last 5 trading days of the month. Note that this is based on past data and seasonality of the S&P 500. Past data is not indicative of future returns and seasonality is not a crystal ball, but a guide.