💰 Stocks to Watch Today (31 July)
1. News & Market Movers:
• Microsoft (MSFT) & Meta (META): Both hit all-time highs after crushing earnings. Strong AI commentary and robust cloud/ad growth make them top watches—will momentum continue, or do we see some profit-taking?
• AMD (AMD): Reporting after the bell. With Bank of America’s recent $200 price target upgrade and AI shipment optimism, expect fireworks. Guidance and new customer wins will be key.
• Nvidia (NVDA): Riding capex waves from Alphabet and tech giants—watch for sympathy moves if AMD’s results impress.
• Singapore Banks (DBS, OCBC): DBS at all-time highs, OCBC reporting this week. Margin pressure and NIM trends in focus; any surprises could trigger sector moves.
• China Tech/HSI: Heng Seng Index holding above 25,000, China ETFs (YINN, KWEB) still hot. Will the rally extend or is it due for a breather?
• Crypto Stocks (COIN, MSTR): Bitcoin under $120k, mixed crypto sentiment—look for volatility in Coinbase and MicroStrategy.
2. Trading Opportunities & My Plans:
• AMD: Potential for big post-earnings move—playing call spreads or quick scalps based on the after-hours reaction.
• Meta & Microsoft: Looking to ride momentum, but prepared to trim or hedge if volume wanes.
• China ETFs: Eyeing YINN/KWEB for continuation trades, but keeping stops tight in case of reversal.
• Singapore Banks: Watching for earnings volatility—trim on spikes, add on weakness if long-term thesis holds.
• Defensive Stocks: With volatility creeping up, rotating some gains into healthcare and staples as a buffer.
Game Plan:
Staying nimble, focusing on high-volume names, and keeping some cash aside for any late-summer surprises. Prepared to react quickly if we see post-earnings reversals or sudden sector rotations.
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What are you watching or trading today? Drop your picks, ideas, or hot takes—let’s all win some Tiger coins! 🐯💰
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