I’m still bullish overall, even though I’m holding a sizable paper loss in $Bullish(BLSH)$ . What stands out this cycle is the strength of institutional flows — especially into $iShares Bitcoin Trust(IBIT)$ and $Morgan Stanley Bitcoin Trust ETP(MSBT)$ — alongside continued accumulation from

I did participate in the April semiconductor rally, and my biggest winner was $NVIDIA(NVDA)$ . Even though many chip stocks surged, Nvidia still delivered solid gains despite already being a crowded AI trade — a sign that the market continues to reward true AI leaders. I’m still holding my $GRANITESHARES 1.5X LONG NVDA DAILY ETF(NVDL)$ position. The AI demand story remains strong, driven by ongoing data center and cloud capex. Nvidia is still at the center of this ecosystem, although I’m mindful of valuation and may trim if the stoc

My stock in focus today is $Advanced Micro Devices(AMD)$ , after guiding Q2 revenue above expectations on strong AI-driven data center demand. The shift from training to inference is expanding AMD’s opportunity, especially as CPUs become more relevant alongside GPUs. The sharp premarket rally reflects growing confidence that AI demand remains both real and durable. Strategically, AMD is strengthening its position as a credible challenger to Nvidia, with a larger server CPU market opportunity and validation from partners like Meta Platforms and OpenAI. However, competition is heating up again as Intel ramps production and leverages its manufacturing edge. On the flip side, rising memory costs and supply constraints could pressure AMD’s consumer se

From my perspective, I’m not chasing this breakout aggressively. $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ at all-time highs is bullish, but narrow breadth is a warning. When only a few names — especially semis — drive gains while the median stock lags, the market becomes more fragile. That said, I’m not bearish either because the AI capex story is still strong. Instead of chasing, I’d rather wait for a pullback or some rotation to reset positioning before adding exposure. Positioning also looks crowded, especially in momentum trades, which increases the risk of sharp reversals. I think laggards like healthcare or staples could catch up if conditions shift, but structurally tech leadership remains int

I lean slightly toward memory in the near term because pricing power is stronger. When $SanDisk Corp.(SNDK)$ is guiding ~80% gross margins and $Micron Technology(MU)$ calls memory a “strategic asset,” it signals real scarcity. Supply takes years to add, and with customers already booking out capacity, the upside feels more immediate. That said, the CPU story is very real. $Advanced Micro Devices(AMD)$ is benefiting from the shift to inference and agentic AI, where CPUs regain importance. Even Intel seeing demand recovery confirms this isn’t a one-player trade. So to me, memory is a tight supply trade, while CPUs are a demand growth trade. Short term I favor mem

Today my stock in focus will be Xiaomi Corporation $XIAOMI-W(01810)$  $Xiaomi Corp.(XIACY)$  , as momentum in Hong Kong tech names continues to build with strong sector-wide volatility and upside. Xiaomi surged more than 10%, alongside strength in peers like Alibaba, Baidu, and Kuaishou, suggesting this is not just a single-name move but part of a broader risk-on rotation in China tech. What really stands out is the continued acceleration in Xiaomi's EV business. Xiaomi Auto delivered over 30,000 vehicles in April alone, up 50% month-on-month, marking a new growth milestone. Cumulative deliveries of 109,000 units in just four months highlight improving execu

$DBS(D05.SI)$ results reinforced my view that SG banks are shifting toward a fee-driven growth model rather than relying on interest rates. With DBS delivering record wealth management fees & strong deposit inflows, the franchise remains resilient even in a lower-rate environment. CASA strength and inverted rate sensitivity suggest earnings are increasingly driven by client flows, not just margins. The focus now shifts to whether UOB & OCBC can replicate this momentum. With NIM pressure largely priced in, wealth & fee income will be the key differentiator. If both banks show solid private banking and investment product growth, the sector still has upside. My base case is a partial match on wealth strength, supported by continued sa

$Kulicke & Soffa(KLIC)$ I'm currently averaging up on my position in KLIC—not because the stock is cheap, but because the fundamentals are inflecting, and the latest quarter confirmed that the cycle has likely turned. The key driver behind this conviction is the sharp ramp in ball bonder sales, which is the core engine of the business. In the most recent quarter, KLIC delivered ~20% YoY revenue growth, but more importantly, its ball bonding segment surged nearly 85% YoY to over $110 million. This is not just a cyclical bounce—it signals a re-acceleration in semiconductor assembly demand, especially tied to memory and advanced packaging. Utilization levels in this segment are already high (above 80–85%), suggesting we are early in a capaci

From my perspective, this rally is more than just earnings — it confirms AI demand is still strong and supply-constrained. $Alphabet(GOOGL)$ Cloud surge and solid results from $Amazon.com(AMZN)$ and $Apple(AAPL)$ show hyperscalers aren’t slowing, just reallocating capital more efficiently. On capex, I don’t see a bubble — I see barriers forming. Despite concerns around $Meta Platforms, Inc.(META)$ and $Microsoft(MSFT)$ , the key takeaway is unchanged: demand exceeds supply, and constraints are real, not cyclical excess. To me, this looks like early-stage infrastructure

My long weekend type: Family Type. My first stop: A nearby garden. One-line check-in: Slow walks, fresh air, and little moments that matter. This May Day long weekend, I kept things simple and meaningful by heading out for a stroll in a nearby garden with my wife and baby. No packed itinerary, no rushing — just enjoying the greenery, the quiet paths, and watching my little one take in the world. Sometimes the best plans are the ones where you don’t really plan much at all. It’s a nice reminder that not every weekend needs to be “maximized.” Slowing down, being present, and spending time with family hits differently — especially when life usually moves so fast. @TigerEvents

This quarter confirms to me that AI CapEx is real and accelerating. When Alphabet, Amazon, Microsoft, and Meta Platforms guide ~$725B in 2026 spending, I see strong upstream demand visibility — which reinforces my bullish view on $Seagate Technology PLC(STX)$ & $SanDisk Corp.(SNDK)$ as key AI data beneficiaries. For $Alphabet(GOOGL)$ , I see this as a durable, high-quality beat. Cloud growth at 63% shows real AI monetization, and strong cash flow despite higher CapEx removes margin concerns. I’m comfortable assigning a premium multiple here. On $Meta Platforms, Inc.(META)$ , I’m not exiting — the drop looks like

My stock in focus today is $Alphabet(GOOGL)$ , after a standout earnings report that clearly beat expectations. Revenue grew 22% year-on-year, and the stock jumped 6.5% after hours—showing the market is starting to recognize its strength as a major AI beneficiary. The biggest highlight was Google Cloud, which surged 63% with operating income tripling. This signals a key shift: AI is not just driving growth, but also profitability. Management emphasized that enterprise AI is now the main growth engine, further supported by moves like selling its TPU chips directly. Overall, this reinforces Alphabet’s full-stack AI strategy—from infrastructure to applications. With strong demand, rising adoption of Gemini, and sustained investment capacity, the c

$Seagate Technology PLC(STX)$ results confirm we’re in a supply-constrained, AI-driven upcycle. What stands out to me is the discipline — no capacity expansion despite strong demand, which reinforces pricing power. The sharp EPS re-rating shows the market is still underestimating how tight this cycle can get. That’s why the read-through to $SanDisk Corp.(SNDK)$ matters. Different tech, same demand driver — hyperscaler AI capex. With $1,100 largely priced in, my year-end target is $1,200–$1,300, depending on whether the $48 cycle EPS gets revised higher. The key catalyst is LTA prepayments. If SanDisk locks in multi-year contracts, valuation can shift toward $1,500. Silence from SK Hynix and

From my perspective, the rate decision itself doesn’t matter — the pause is priced. What matters is whether Jerome Powell signals continuity or an exit. If he stays on as Governor, markets get stability; if he leaves entirely, that introduces uncertainty, which is far more disruptive than rates staying higher. That leadership clarity could matter more than any single data point in the near term. On Kevin Warsh, I think the market is too optimistic. He’s not meaningfully more dovish than Powell, so if cuts don’t materialize, equities could face a sharp repricing — especially with positioning already stretched. My bigger concern is the macro shift. With OpenAI missing expectations and yields rising, the market is moving from FOMO to FAFO. If growth and liquidity both weaken, the AI trade co

$Micron Technology(MU)$ My stock in focus for DCA right now is Micron Technology, and the main reason is the clear cyclical recovery in the memory market. After a deep downturn in DRAM and NAND pricing over the past couple of years, supply discipline has improved and demand is starting to rebound, especially from data centers and AI-related workloads. This creates a classic setup where entering gradually makes more sense than trying to time the exact bottom. Another key driver behind my DCA approach is Micron's strong positioning in the AI supply chain. High-bandwidth memory (HBM), which is critical for AI accelerators, is becoming a major growth engine, and Micron is one of the few players globally that can compete in this space. As AI infrast

My stock in focus today is $NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ $NIO-SW(09866)$ , after its Onvo L80 SUV pre-sales drove shares up about 8% in Hong Kong. Priced at 245,800 yuan — lower than the L90 and even cheaper under the BaaS model — the L80 highlights a more aggressive push into the mass market, signaling NIO’s intent to boost demand amid rising competition. Strategically, the L80 supports NIO’s shift toward volume growth through flexible offerings, including LiDAR and pure-vision variants. Combined with practical positioning around space and family use, this suggests NIO is prioritizing scalability over purely premium branding. The key test now is execu

I think $DBS(D05.SI)$ will deliver a decent set of Q1 results, even if it’s not a blowout quarter. The bar has clearly been reset lower after the FY25 miss & with NIM compression already well flagged, lot of downside feels priced in. What matters is whether wealth management & trading income can provide some upside surprise, especially with safe-haven flows coming into Singapore. From a positioning standpoint, I don’t expect the stock to break out aggressively. Rate cuts & softer SORA will likely keep a lid on sentiment & I don’t think this is the kind of quarter that drives a sharp re-rating. That said, as long as guidance remains stable and management doesn’t sound overly cautious on macro risks, the market should react positi

$NVIDIA(NVDA)$ breaking $5T is impressive, but I’m not chasing it. What concerns me more is market structure: leadership is highly concentrated, VIX is rising off lows, and breadth is weakening. That makes the rally feel less stable even with NVDA driving new highs. I still respect its execution and CUDA ecosystem, but expectations are already very stretched at this level. On valuation, I understand the argument that it looks “cheap” versus other Mag-7 names on forward earnings, especially with strong CY27 projections. But the key risk for me is not the multiple — it’s the certainty embedded in long-term growth assumptions like $400B+ FCF and sustained 70% AI

I’m leaning toward Microsoft delivering the biggest upside surprise. AI demand is still outpacing supply, and Azure plus enterprise AI adoption give it the strongest near-term monetization story. More importantly, Microsoft is already converting heavy capex into visible revenue growth — something the market consistently rewards during earnings. I’m more cautious on Amazon and Alphabet. Both are investing aggressively, but the payoff timeline is less favorable. Amazon has signaled that much of its AWS investment won’t show up meaningfully until later years, while Alphabet is facing rising depreciation and margin pressure, which could limit short-term upside. Meta Platforms remains strong with its ad engine, but its massive capex plans add uncertainty around margins. Overall,