$Alphabet(GOOGL)$ Seems to have broken above the 30 day moving average, lifted by the broader market upswing.  Looks like USD 100 might be the next psychological resistance line.  I remain vested in Googl, but got in at a rather expensive price. I had thought the stock would rally post-split, as what was expected historically, but it turned out quite different. I'm thinking of selling short term puts on Googl, perhaps with 45 days to expiration or so. The idea is to collect premium while waiting for the stock to edge higher. If I do get assigned, I can lower my cost basis.

$Microsoft(MSFT)$ I remain bullish in the strength of MSFT's enterprise business, together with their cloud services. Besides MSFT, even Google doesn't have the ability to convince corporates to migrate wholly to their ecosystem. The lowest point for the stock was at USD 213. Now it has picked up to USD 247. It's PE ratio currently sits at around 26, looks quite fairly valued for a blue chip technology company. Further, the stock has dipped by close to 30% year to date.  I think towards the end of this year we could see a "Santa rally". But this recent rally could just be over-optimism on the US inflation print. Other headwinds include tech layoffs and cutting capex. I don't know where the market is going to go,

$SPDR S&P 500 ETF Trust(SPY)$Wow broke below $400, seems like the bear mkt rally is indeed disrupted by Powell speech. 

dear  @TigerEvents , thank you for the event! Q1 2024 has been kind to me, mostly due to semicon stocks. I think there is further upside, especially with South Korea reporting its highest chip exports so far in 14 years, we should see more earnings beat among semicon firms. Plus the market has run up following expectations of a rate cut in 2nd half of 2024. With the Fed signaling further cuts in 2025, hopefully the rally can continue.

$Taiwan Semiconductor Manufacturing(TSM)$Yesterday pre-market, almost all the semicon stocks were in green. But as market closed, quite a number of them turned red, TSMC included. This suggests that the market is still jittery on its near term profitability, especially with the US export ban of chips.  Like many investors here, I am bullish about its medium to long term prospects, barring a geopolitical shock from China. I am continuing to sell puts on TSMC to dollar cost average down my average price, and if I'm assigned, sell covered calls on the stock. I suppose other than ploughing into Singapore Savings Bonds, this method at least helps to offset the paper loss from the stock itself. 

$Amazon.com(AMZN)$ Amazon is reportedly going to layoff about 10,000 workers, which represent 3% of its corporate workforce. The cuts come as Amazon is facing soaring costs and slowing growth in its online business. Overeager expansion during the pandemic has also left Amazon with wasted logistics capacity, with the company announcing plans to cut capex as well.  Basically, like many tech companies out there, it is trimming the fat. The most recent culling came from Meta, which shed 11,000 roles, representing 13% of the company. In response, the share price surged. If Amazon follows through with the job cuts, it could boost investor optimism and we could see a near term bounce. Other than that, its cloud busines

$AMD(AMD)$ Buffett's purchase into tsmc is likely to send the stock higher. But there could also be some spillovers to the broader chip industry as well. In my view，AMD, NVDA might see a near term bounce. I remain optimistic on the chip makers, including the fabless players, even as the industry battles the chip glut issue.  Unfortunately my shares of tsmc will likely be called away soon as optimism returns for the stock. But that essentially is the downside of selling calls. Even so I will still eke out a profit, just that will be losing a great quality company at a slightly cheap valuation. 

$NVIDIA Corp(NVDA)$Analysts are expecting this stock to come down as the crypto market soften and ETH move to proof of stake 

$Bank of America(BAC)$Bank stocks are likely to continue outperforming as interest rates climb higher, benefiting from the higher net interest income.  There have been studies backing that banks profitability generally trend higher in a high interest rate environment. This is because the volume of loans do not decline by much even though the cost of borrowing has picked up.  That said, there could be some offsetting effect if the US economy tips into a recession, with businesses cutting capex and laying off workers. Non-interest income side could also weaken as IPO and wealth advisory activity comes down. For commercial banks like BofA, as opposed to investment banks (IB) , they are more expos

$Alibaba(09988)$Markets don't seem to believe that whatever china govt is doing will support the market 

$Alphabet(GOOGL)$Wow people are really dumping tech stocks ahead of fomc release. I wonder what could be the reasons. Compelling factors would likely include declining revenue, profits, etc from rising competition in YouTube space, slowing advertising and cloud activity and strong USD crimping overseas income via translation effects. I also suspect another reason is that the market has priced in 75 bps, which means a lot of risk free assets are going to give higher returns, so people switch from holding tech stocks. 

$Taiwan Semiconductor Manufacturing(TSM)$Near term should continue to be weak with a couple of headwinds. The most recent one is the export ban of chips to China, to try to restrict their ability to make weapons or high-tech equipment that can invade others. There's also the slowdown among fabless players that could spill over and hurt TSM revenues, but I heard even so, TSM pricing power is amazing. If you want to cancel your H2 2022 order now due to lower sales on your end, TSM will put you at the last priority in 2023 when the demand is likely to pickup and you need chips badly. I do think the up coming earnings will be good for TSM, in that we shd still see double digit revenue growth, but that it shd decelerate.

$Alphabet(GOOGL)$ Have done a bit of reading this morning on what activist investor TCI said in its open letter to CEO Sundar Pichai. Main thing is to cut costs, trim headcount, increase stock buybacks and take care of the shareholders. As a Googl shareholder myself, it is not surprising given the stock has fallen all the way since its stock split earlier this year.  Meta is cutting 13% of its workforce, AMZN is cutting 10,000 workers, about 3%. Even Stripe, Twitter, Microsoft and Salesforce are trimming workers. Given this movement in the industry as a whole, I would be surprised if Googl doesn't follow suit. Further, Google pays its workers about twice above the Silicon Valley median. TCI also raised the

$PayPal(PYPL)$Nov 3rd earnings. Would you expect the results to be good? Looking at the current spate of Q3 earnings, it does suggest underlying resilience among US corporates as a whole.  Goldman Sachs, AT&T, TSMC all reported decent numbers despite the macro headwinds.  For payments industry, I suspect spending is still robust even as inflation continue to eat into real incomes. PayPal could still see some growth after seeing its stock beaten down in recent quarters. That said, I prefer the business model of Visa or MasterCard compared to PayPal. Visa has 50% gross margin and is quite solid even in recessions. Near term the pickup in cross-border payments as tourism recovers should benefit the stock.&

$AMD(AMD)$Sept inflation and jobs data show that the Fed will have to be more aggressive, but mkts rallied yesterday. I suspect it didn't sink instead because the 75 bps has largely been priced in for the Nov FOMC, and as for the Dec one, though it may warrant higher rates, isn't that soon. The next big event is probably the earnings result, which AMD has already guided lower. But as we saw before from NVDA, when they lowered earnings guidance before the actual earnings, it sparked a sell-off, then when the actual earnings came out, which was indeed bad, it sparked another sell-off again. I think AMD might follow the same pattern. Data centres likely to show resilience but PC segment falter. 

$PayPal(PYPL)$Seems like the company is oversold and we might expect a short term bounce. While discretionary spending might slow due to the ongoing headwinds, and PayPal has indeed guided revenue growth for 2022 slightly lower, its fundamentals remain generally intact. PayPal even guided that EPS will move to $4.07 from $3.97, even as account openings have slowed since the heights of the pandemic.  I remain bullish in the payments space. This is a very high margin business, and at these levels, PayPal looks undervalued. There is even an activist investor (Elliot Management) that has gotten involved, who is known for making businesses to be more cost-efficient and engage in stock buybacks. 

$Alphabet(GOOGL)$ Google's management team is likely to be under some pressure now to trim costs, especially since the broader tech industry is reducing headcount and capex. If this happens, Google will likely follow Meta and see an uptick in the stock price. There is this seeking alpha article that is really good. It paints a hypothetical scenario - a what-if - Google's "Other Bets" division didn't exist and how it will impact its bottom line. From 2017-2021, "Other Bets" generated revenue of $3 bn but incurred costs of $20 bn. In 2022, sales are expected to come in at $1 bn, but costs are projected at $6 bn. Further, "Other Bets" account for less than 0.5% of Google's revenues but easily dilutes the company's oper

$Amazon.com(AMZN)$ Might show a near term bounce if the cpi print turns out softer than expected and the fed raises by 50 bps as anticipated.  NY Fed's survey of consumer expectations showed that 1-year ahead inflation expectations fell to lowest since Aug 2021 to 5.2% in Nov from 5.7% in Oct. However, another survey by the Harris poll showed that most respondents planned to tighten their belts by buying fewer gifts and travel lesser during the holiday season in view of the higher costs. 

Suddenly this game moved fast on my end, no longer lag like before

$Sea Ltd(SE)$These days it does seem like stocks that are heavily reliant on venture capital funding are in trouble. If you are a fund manager, with Singapore Savings Bond rates climbing north of 3%, generally speaking, would you still throw money at a startup hoping it will go 10x? The era of low interest rates is over for now and the only time we will revisit that phase could be when the US dips into a recession in 2023-2024. Until then we would probably see rotation from quite a bit of tech plays into fixed income, safe-haven assets. Probably more downside to come for Sea, Grab, etc as investors become more demanding for them to show profitability.