Since early August this year when the S&P 500 peaked around 4,600 points, the U.S. 10 Year Treasury yield has increased from below 4.0% to around 4.8%. US 10 Year Treasury Yield Obviously with the U.S. 10 Year at record levels last seen in August 2007, the markets freaked out lately whenever inflation data came in hotter than expected that enforced the rhetoric that the Federal Reserve will hike one more time in 2023. The last time the U.S. 10 Year Treasury topped 4.5% was in August 2007 Equity valuations are usually compared with a risk-free rate, where most analysts peg it to the U.S. 10 Year Treasury yield. Yield Curve Un-Inversion Taking Place T10Y2Y The chart above shows the U.S. 10-year minus the U.S. 2-year, which currently sits at minus 30 basis points. Compared to early July,

The U.S. treasury yields have spiked up recently, especially since the last Fed meeting where rates are expected to remain higher for longer, and the Fed has projected that they will need to hike one more time if needed. Treasury yields as of Friday prior to market open US 10 year yield The US 10 year treasury yield hit a high of 4.68% as of Thursday September 28, but has since pullback after the latest PCE inflation data on Friday.  The Federal Reserve's preferred inflation gauge, core PCE, rose 3.9% Y/Y in August, the first time in two years that the measure has dropped below 4%, the Commerce Department said Friday. That's progress toward, but still short of, the Fed's 2% goal. Core PCE, which strips out the volatile energy and food sectors, giving the central bank a better sense of

Apple $Apple(AAPL)$became the world's first$3 trillion company for a brief time during intraday trading on Jan 3 this year. Due to the bear market in 2022, Apple has fallen to a 52-week low of $129.04 but has recovered most ofits losses in the last 2 months, and now is valued at $2.77 trillion market cap. That's just another 8.3% to the $3 trillion market cap. It is now 6.3% away from its 52-week and all time high of $182.94.AAPL YTD -5.44%Recent news have been quite bullish for Apple, as it is just about a month away from iPhoneseason, where it is rumoured that Apple askedits suppliers to increase production for its next iPhone, and the iPhone 14 is expected to seeas much as 15% increase in prices. Some analysts have also said that Apple may

Adobe ( $Adobe(ADBE)$) plunged almost 17% on Thursday when it reported its earnings. This was in addition to the market's reaction on its $20 billion deal on acquiring Figma, a collaborative design platform developer, in a half cash, half stock in which Figma's employees would receive 6 million additional Adobe restricted stock units that will vest over four years from closure of the deal.Adobe expects Figma to add to the company's earnings by the third year of the after the deal's completion, and it suggests that Adobe's earnings would see a negative impact for two years.Additionally, Adobe guided their fourth quarterfiscal 2022 revenue to $4.52 billion and EPS of $3.50 per share, while analysts had expected$4.6 billion and $3.47 EPS.In terms of

Is GigaCloud the next AMTD? GigaCloud Technology $GigaCloud Technology Inc(GCT)$traded for the first time opening at $19.20 after pricing 2.94 million Class A ordinary shares at IPO price of $12.25. The stock reached a high of $21.22, before sliding to alow of $12.51. The stock closed at $15.69 but has since gained about 16% in after hours, at $18.20.Based in Hong Kong, GigaCloud provides e-commerce solutions for the discovery, payment and shipping of large merchandise such as furniture and appliances. The company connects manufacturers based primarily in Asia with online resellers in Asia, the US and Europe.Total outstanding shares is 30.43 million, compared to the 2.94 million available shares. Will this become the next AMTD

The S&P500 gained 2.47% this week at 4070.56, adding to the overall positive start to 2023. It has since gained in three out of the first four weeks of 2023. S&P 500 breakout It has finally broke out of the long term trend line in red that also coincided with the 200 MAand managed to stay above it this week. The 50 MA is above 150 MA, and the 50 MA is getting close to crossing over the 200 MA (but not yet). Will Powell throw cold water at the market? Ahead of the FOMC meeting and rate hike decision to come on Feb 1, the market expects 25 basis points hike to bring the Fed funds rateto 4.5% to 4.75%, current probabilities from the CME FedWatch tool show 99.2% of a 25 bp hike. CME FedWatch tool for Feb 1st Looking ahead at the March and May meetings, the market has 82% chance th

$Apple(AAPL)$Heading towards the next iPhone 14! Maybe I should get a new MacBook Pro M2 if it launches at the same event!

Today let's take a look at a few reasons why investors lose money in the stock market. With the S&P 500 up 15.0% year-to-date, & the tech heavy Nasdaq Composite up 31.5% year-to-date, I hope most of you reading this are seeing more greens in your portfolio than reds. Failing to understand the fair value of the business They fail to understand what the value of the business is. Often times, investors do not know how to value calculate the intrinsic value or fair value of a stock. There are several methods of arriving at a fair value of a stock. Hence they are cautious as to wether they should buy a stock that has been sold off by the market, and hence appeared unloved. Instead they look for stocks that have risen and then decide that now the stock that they were considering is now l

Hawisk comments from Federal Reserve ChairJerome Powell sparked selling on Tuesday, dashing hopes that the central bank would halt interest rate hikes in the near future. The S&P 500 fell 1.5% to finish at 3,986.37 points, just below the 50 daily moving average, but still above the 200 daily moving average. S&P 500 as of March 7, 2023 Dollar Index DXY broke 105 The US Dollar Index, which measures the relative value of the Dollar against a basket of important world currencies has now broke the 105level. It previously tested this level back in January 6, 2023 and found strong resistance. Thenext few days will see if the rising short term trend would continue. A strong US Dollar Index usually spells troublefor US companies especially those with worldwide operations, as it would trans

$Grab Holdings(GRAB)$I can't see Grab digging itself out of the $3 range in the next year. Especially if there really is a recession later in 2022 or 2023, I think they really face the risk of dipping below $1 and face the risk of delisting. Stocks that dip below $1 for 30 consecutive trading days will trigger a delisting warning. A lot of potential towardsthe downside. Food delivery is still a loss making business unless they raise delivery fees, cut rider incentives and raise restaurant commissions. Maybe their biggest hope is the Financepart of the business becomes successful in the next 2 years.

The S&P 500 ($S&P 500(.SPX)$ ) was a lot weaker at the open on Monday at the start of the new trading week, and fell under the weight of mega cap losses. U.S. nonfarm payrolls rose 236K in March, slightly below the 240K expected. Unemployment rate ticked down to 3.5% in March compared to 3.6% in February. That indicated that the labour market remained tight and the Fed would need one more rate hike. There are several market moving events happening this week, on Wednesday the March Consumer Price Index will bereleased, followed by Producer Price Index on Thursday and Q1 earnings from several large banks.  The Dow Jones Industrial Average had a stronger showing than its peers, declining just 0.4% at its low for the day, while

The energy sector was the top performer for the stock market in 2022, which perhaps also helped to protect the draw down of the S&P 500 (down around 19%) vs the Nasdaq composite (down more than 30%). The relative one-year performance of the energy sector was 31%, while the other sectors all gave negative returns in 2022, with technology, consumer discretionary and communication services suffering a drawdown of more than 35%. Sector performance 6 months and one year US Oil headed for $65? US Oil Daily Interestingly, the price of US Oil has been on a constant downtrend since its peak in June. In July and August, it failed to break above the 50 daily moving average, while in early October and November, it created a double top at $92, trapping any bulls on oil, before breaking below the 50

The release of the March Producer Price Index on Thursday and weekly jobless claims data showed some softening in the labour market. Total PPI rose 2.7% year-over-year versus 4.9% in February while core-PPI, which excludes food and energy, rose 3.4% year-over-year versus 4.8% in February. Initial claims for the week ending April 8 increased by 11,000 to 239,000 (consensus 236,000) and continuing claims for the week ending April 1 decreased by 13,000 to 1.810 million. Market participants are now pricing in another 25 bp hike at the May 3rd FOMC meeting at 66% probability, while 34% think there will be no hike, according to the CME FedWatch tool. How to profit from rate cuts? Treasury bond ETFs If you browse the Tiger trade app, go to the Global tab on the top and you can see the treasury b

Today's stock to watch would be CrowdStrike Holdings ( $CrowdStrike Holdings, Inc.(CRWD)$ ). After CrowdStrike reported earnings that were below analysts estimates and weak guidance for the following quarter, the stock gapped down lower but has since parred those losses to close 14.7% lower and formed a bullish green ice cream bar. Although still in a downtrend channel for now, there is a potential short term trade to take, potential price target of $145 (resistance) and setting a stop loss of slightly under $105.  From Morningstar's analysis, they have placeda fair value of $156 per share, representing a 20% discount. CrowdStrike is a leader in endpoint security, however elevated macroeconomic conditions are likely to continue to weigh

The S&P 500 gained 1.45% on Tuesday after a drop in monthly jobs openings raised expectations of a pause in interest rate hikes for the upcoming September 19-20 meeting. This is the biggest single day gain for the S&P 500 since the beginning of June. The Labor Department'S Job Openings and Labour Turnover Survey (JOLTS) showed that the number of job openings stood at 8.827 million in July, failing for the third straight month and signaling easing of labour market conditions. The Nasdaq Composite gained 1.74%, scoring its strongest session since July 28, and both the S&P 500 & Nasdaq Composite both closed above its 50 daily moving averages. According to the CME FedWatch Tool, traders now price in a 86% chance of no hike at the September 19-20 meeting, and a 14% chance of a

Walt Disney ( $Walt Disney(DIS)$) has seen aggressive growth in its Disney Plus subscribers and mounting a strong challenge to streaming leader Netflix ( $Netflix(NFLX)$). The number of Disney+ subscribers reached a new high of 152.1 million in the third quarter of 2022. In terms of combined direct-to-consumer subscribers, Disney+, Hulu and ESPN+ added up amounted to around 221.1 million, and surpassed Netflix in terms of subscribers.Number of Disney Plus subscribers from Q1 2020 to Q3 2022On the other side of things, Netflix has seen adecline in number of paid subscribers worldwide in the last 2 quarters. From a peak of 221.84 million in Q4 of 2021, it has now dipped to 220.67 million in Q2

Tesla Q2 2022 Deliveries $Tesla Motors(TSLA)$Tesla Total Q2 Deliveries 254,695, Total Q2 Production 258,580.Q2 Deliveries increased 26.5% YOY Q2 2021 at 201,250 deliveries, decreased 17.9% previous Quarter at 310,048 deliveries. Tesla said June 2022 was its highest vehicle production month in historyQ2 Deliveries of rivals Nio 25,059 (+14.4% YOY), Xpeng 34,422 (+97%), Li Auto 28,687 (+63%).For month of June, Nio 12,961 EVs delivered, best ever total monthly and its first month with more than 10,000 deliveries since December 2021. Meanwhile Xpeng 15,295 EVs delivered in June 2022, and Li Auto 13,024 EVs for June 2022.Auto industry in China likely to have rebounded from the latest COVID wave.Tesla short term resistance at $760, while support at