After one day of euphoric recovery on Tuesday, US market on Wednesday is looking grim again. US Composite Futures currently looks set to neutralize the gains from yesterday. (see attached) Looks like concerns over the US-Iran conflict is rising and squeezing Middle East energy supplies, pushing Brent crude oil prices toward $93/barrel. Besides that, with Magnficent 7 (namely GOOG & TSLA) due to report their Q2 earnings after 4pm market closing. Investors are taking profits ahead of earnings results. Do you think these are valid reasons / concerns ?
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@JC888:Even titans Ackman & Buffett get it Wrong !
Investment gurus build their reputations over decades, but markets have a way of reminding everyone that even the most celebrated investors can be wrong, or right at the wrong time. The realities facing 2 of the world's most scrutinized investment vehicles - (a) —Bill Ackman’s $Pershing Square USA, Ltd.(PSUS)$ and (b) Warren Buffett’s $Berkshire Hathaway(BRK.B)$, serve as a valid case in point that when it comes to investing, even gurus can be wronged sometimes. This comes about, even with (a) decades of experience, (b) deep research benches, and (c) billions of dollars at their disposal, the sharpest minds on Wall Street are susceptible to: Miscalculating market trajectories. Mis-timing exits. Enduring
On Tuesday as US market staged a recovery of the day with investors piling back into memory chip stocks, oil continued its upwards surged. Both XOM and CVX continued to clock in gains of +2.26% and +0.72%. (see attached) This as US continued its 9th day assault at Iran with a consequential soldier death in the process. Hang onto any oil or oil related stocks - it should be bubbling up the price chart until it doesn't. But don't count on a peace treaty signed anytime soon. End 2026 seems possible ?
On Tuesday, US market kept to maintain its Composite Futures and ended the day in the green. (see attached) Nasdaq was the clear winner of the day as investors piled back into memory chips. SpaceX recovered marginally with the delayed launch successfully completed. What will US market holds for Wednesday as the US-Iran conflict stretched into the 9th day.
Replying to @mizzmo:Hi, thanks for reading my post and sharing your views. I wanted to get into your 2 positions too but feel GOOG at the moment is a little on the high. As for NFLX, I find that it is still vacillating between gains & losses, not stable yet... With the court stopping the PSKY and WBD acquisition, will there be rub off effect ? Mmm....//@mizzmo:I added GOOG and NFLX last week — cycle feels ugly now, but Q3 bounce still looks live. Ceasefire maybe, but July data probably softens
With 5mins to go before US market opens for Tuesday, US Composite Futures are still looking "good". Will you buy the dip ? For myself, I think now might not be the time to be adventurous; not yet. What about you ?
Despite Monday's composite futures all showing up in green, by the time 4pm arrived, all 3 major composite indexes were in the red. But for XOM and CVX, they continue to rise higher fueled by the chaos in the Middle East between US & Iran. (see attached)
Replying to @Merlin Spear:Hi, thanks for reading my post and sharing your views. Hope you are not US citizen becos having lived for a while, I see US as the creator (of mess) and solution provider all roll into one. First, they rallied Iran against Iraq, then they go after Iran after the fall of Iraq with no Weapons of Mass destruction ever found, not even on paper record. They have dug a hole (in Iran) deep enough to jump in. Now let's see if they can find a way to jump out of the deep hole and escape unscathed.//@Merlin Spear:US creates inflation thru selling illusionary hostility to the world
As for Tuesday trading, again all 3 Composite Futures are glowing in Green. Again, I don't think it is sustainable because the tension has just upped a notch with the latest news (just 20mins ago) Houthis threatening to enlarge the conflict to bleed into Saudi Arabia. Should that happen, the Gulf state will be shaken to the core. Agree ?
As expected, the pre-market gains just before US market opens on Monday turned red by 4pm when US market closed for trading. How could it be sustainable when there is an ongoing war escalating out of control between the US and Iran. (see attached)
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For the week ending Fri, 17 Jul 2026, there were 3 main catalysts: AI & Chip Sell-Off: Semiconductor and mega-cap tech stocks suffered a severe correction. Investors rotated out of AI heavyweights due to concerns over whether (a) long-term fundamentals and (b) end-demand will justify sky-high valuations. This was compounded by the debut of a new, competitive AI model from Chinese startup Moonshot. Mixed Corporate Earnings: Q2 2026 earnings kicked off, bringing both positive news and stark disappointments. While traditional financials and select industrials beat expectations, the tech & streaming spaces weighed on major indexes as players like $Netflix(NFLX)$ and $Alphabet(GOOG)$ reported slowing o
With 15 mins to go before US market opens for trading on Monday, both XOM and CVX are poised to dip marginally. (see attached) With the Middle East tension still active, I think the dip might be temporal. What do you think ?
Replying to @littlesweetie:Hi, thank you for reading my post and sharing your views. Shell Plc has sold its Singapore refinery plant in 2025. On paper, Shell CEO Wael Sawan’s strategy is to cut carbon footprints, high-grade its chemicals portfolio, and pivot toward lower-carbon ventures. Is this 100% true, I guess we will never know. As for TTE, I have not done my homework so no further comments.//@littlesweetie:Added SHEL and TTE yesterday, risk premium still looks underpriced. You think peace talk can cap oil before EOY?
Replying to @CHINNY168:Hi, thanks for reading my post. With a US futures market poised to open higher on Monday in about 5 hours time, it has a rubbed off effect on SPCX. SpaceX is poised to open higher too by +1.16%. (see attached) . Do you think market will take a turn for a dip once opened ? FYI, I have a new Pick post out today. Title is "Oil back in focus as US attacks Iran ?" Hope you will like it too. Thanks.//@CHINNY168:Great article, would you like to share it?
I just had a sneak peek at US Futures composite for Mon, 20 Jul 2026 and I cannot believe it. (see attached) Apparently, the escalating strikes between US & Iran is not going to have an impact on US market when it opens in about 5 hours' time. Do you believe 100% what the indexes are showing ? Mmm, I have my reservations. Will revisit closer to market opening.