The current silver weakness should be viewed primarily through the lens of flow mechanics, not a deterioration in fundamentals. Is the sell-off mechanical or structural? It is largely mechanical. The Bloomberg Commodity Index annual rebalancing forces passive funds to reduce silver exposure after its strong prior-year performance. The estimated USD 7.7 billion of selling flagged by TD Securities represents mandated portfolio adjustment, not discretionary bearish positioning. Such flows are price-insensitive and time-bound, typically concentrated within the rebalance window. There is little evidence of a structural demand breakdown. Industrial demand tied to electrification, solar, and AI-related power infrastructure remains intact, while mine supply growth is constrained. Role of inventori

1. Clearing the Trash: Investment Pitfalls in 2024 i. Overconfidence in speculative assets. ii. Neglecting diversification. 2. Assets Investors Should Avoid in 2025: i. Overleveraged companies or industries vulnerable to economic downturns. ii. Speculative investments without clear fundamentals or realistic growth prospects. iii. Companies or sectors with declining demand or excessive regulation risks. 3. Investment Plan for 2025 Core Investment Strategies: i. Diversification: Building a balanced portfolio across asset classes, including stocks, bonds, and real estate, to mitigate risks. ii. Low-cost broad market index funds iii. Fixed-income assets: Allocating funds to bonds or treasury securities for stability in a high-interest-rate environment. 4. Emerging Opportunities for 2025: AI an

Owning NVDA can help you grow wealth, but it’s not a guaranteed path to becoming a millionaire. NVIDIA dominates AI and chips, with strong revenue and earnings growth, plus bullish analyst targets—but much of that optimism is already priced in. High valuation, export risks, and market volatility mean overexposure is risky. The smarter route is to include NVDA as part of a diversified portfolio—say 10–20%—while investing consistently in broader assets like ETFs or index funds. Becoming a millionaire depends on your savings rate, time horizon, and risk control, not a single stock. In short: NVDA can accelerate wealth, but discipline and diversification build it sustainably.

You’ve raised an important question — one many investors are asking now: if tech’s leadership is cooling, could “old-giant” sectors really resume the mantle? Below I’ll provide a reasoned, professional take in three parts: what supports a rotation to traditional industries, when that might be a temporary rally versus a broader shift, and which traditional sectors may have the most upside potential this year. --- 1. Is this merely a temporary rally or the start of a broader shift back to classic winners? Support for a broader shift The theory of “sector rotation” says that as the economy (and market) passes through different phases, capital tends to shift from sectors that have run hard into those that were out of favour.  Recent flows and headlines appear consistent with a rotation aw

NVIDIA’s current momentum certainly supports a bullish case toward the $200 mark, though a few key factors deserve consideration. --- 🔹 Bullish Arguments 1. AI Infrastructure Dominance: NVIDIA remains the backbone of AI computing. With Huang emphasizing inference as the next growth engine, the company is poised to capture sustained demand from cloud providers (e.g., Meta, OpenAI, Microsoft) and emerging AI players. 2. Ecosystem Expansion: Partnerships such as CoreWeave’s $14.2B deal with Meta validate NVIDIA’s platform as indispensable in hyperscale AI deployment. The company’s Blackwell architecture and upcoming GB200/GB300 systems may drive another revenue inflection. 3. Technical Strength: The stock’s four-session winning streak signals strong institutional accumulation. If it holds abo

The pullback across storage names appears to be predominantly profit-taking, not a deterioration in the AI memory thesis. Profit-taking or sentiment shift? This move has the hallmarks of positioning and valuation reset, rather than a change in fundamentals. After a sharp rally, storage stocks had become crowded trades, vulnerable to short-term de-risking once momentum slowed. The absence of negative guidance, order cancellations, or pricing deterioration argues against a true sentiment reversal. The reaffirmation from BofA Securities on SanDisk, despite the drawdown, reinforces this view. Analysts are clearly distinguishing between near-term volatility and structural AI-driven demand. AI memory demand remains intact The core drivers have not changed: AI workloads are increasingly memory-in

My stance Silver’s breakout is technically impressive and fundamentally supported by the shift in real-rate expectations, yet its volatility profile argues for disciplined entry rather than chasing momentum. Why silver is outperforming gold Silver benefits from a dual identity: part monetary metal, part industrial commodity. As markets lock in a Fed easing path, real yields soften and the monetary bid rises. At the same time, renewed optimism around global manufacturing, solar demand and AI-related electronics boosts the industrial side. Gold is consolidating because positioning is already heavy, while silver had more room to expand. Breakout dynamics The surge above the previous record signals a strong trend, with ETF flows moving into SLV and leveraged vehicles like AGQ. Still, silver’s

If I were as wealthy as Ng, spending S$20,000 on a high-value networking dinner would depend on its strategic return. If the dinner gave access to decision-makers, policy shapers, or industry leaders that could unlock opportunities worth many times the cost, it could be justified as an investment rather than mere indulgence. However, I would still be cautious—relationships built on transactional dinners are often fragile. With S$18,900 personally, I would prefer diversified uses: allocate a portion to investments (equities, bonds, or REITs), reserve some for professional development or business building (courses, software, networking events with more sustainable ROI), and dedicate a part to meaningful experiences or charitable impact. The balance between personal growth, financial compoun

Tesla’s recent surge to $455.55 and a $1.5 trillion market cap underscores renewed investor enthusiasm — but the next leg toward $500 hinges largely on delivery momentum and earnings confirmation. --- 🚘 1. Can Tesla climb to $500? Technically, the setup is favourable. The stock has broken out of its multi-month consolidation, supported by robust volume inflows and positive sentiment ahead of deliveries. If results meet or exceed expectations, the next psychological milestone at $500 could come into play. However, a few headwinds warrant caution: Temporary Demand Pull-Forward: The $7,500 U.S. EV tax credit expiry likely front-loaded demand, inflating Q3 deliveries. This may leave a vacuum in Q4, challenging sustained growth. Margin Compression Risks: While delivery numbers may impress, inve

$ARK Innovation ETF(ARKK)$  Your summary of Marks’s view is essentially correct: he’s warning that valuations are elevated, but he doesn’t (yet) believe we’re in full-blown “irrational exuberance.” Rather, he counsels a more cautious stance — what he calls “Level 5 defense” — i.e. reduce aggressive exposure, rotate toward defensive assets, tighten risk controls. That’s a sensible posture in my view: it’s a midpoint between outright alarm and complacency. Below are my reflections on his stance, some observations on current valuations (especially of the Magnificent 7 and the S&P 500), and how I would (and do) position a portfolio in this environment. --- Opinion on Marks’s view & the valuation backdrop Strengths of his approach 1. Avoid

$Oracle(ORCL)$  Assessment of the results Oracle delivered a combination the market finds most punishing: a revenue miss, a cloud miss and a deterioration in free cash flow. The headline figure of –$10 billion FCF is especially troubling because it signals that the company is consuming cash at a time when investors expected cloud expansion to translate into stronger operating leverage. Why the sell-off was so severe The negative reaction is rational. Three pressure points converged. 1. Growth disappointment Oracle has been priced as a beneficiary of the AI-infrastructure cycle. Missing both total revenue and cloud revenue undermines the “acceleration story” that previously pushed the stock to high valuations. 2. Cash-flow shock A large negati

This week, I’d lean toward option (a): deploying a short-term Iron Condor on SPY. After a strong September run and mixed macro signals, markets appear poised for range-bound consolidation rather than a directional breakout. Volatility remains slightly elevated, offering decent option premiums while implied moves suggest contained price action. A well-defined Iron Condor around key support (~520) and resistance (~540) could monetise time decay if indices drift sideways post-quarter-end rebalancing. As for Intel’s momentum, the recent 30% surge already prices in optimism from NVIDIA’s stake and Apple partnership chatter. Chasing here risks buying into euphoria without confirmed earnings follow-through. Lastly, portfolio review is always wise: rebalance after September’s rally, trim over-ext

Let’s assess Tesla’s setup from three perspectives — fundamentals (Q3 deliveries and earnings), sentiment and positioning, and technical valuation — before drawing conclusions on whether it can crush estimates and extend the rally beyond September. --- 1. Q3 Deliveries — Can Tesla Beat Expectations? Street Consensus As of late September, sell-side consensus generally expects Q3 deliveries in the 470k–490k range, implying sequential growth after a softer Q2 (≈443k). Barclays, Goldman, and UBS have each raised their internal forecasts — some as high as 495k units, reflecting: Improved production cadence at Shanghai and Berlin, Early signs of demand recovery in China with local price adjustments, Model Y L and refreshed trims helping ASP stability, Incremental U.S. demand on tax-credit eligib

$Intel(INTC)$  You’ve raised some very pertinent questions following the latest Intel Corporation (INTC) earnings report. Below is a structured assessment — keeping in mind this is not financial advice but rather a professional-tone analysis based on the facts and risks. --- ✅ What we know so far Here are the key highlights from Intel’s Q3 fiscal 2025 results: Revenue: US$13.7 billion, up ~3% year-on-year, beating expectations.  Adjusted non-GAAP EPS: US$0.23, much higher than consensus (~US$0.01).  Gross margin improved significantly (GAAP gross margin ~38.2% vs ~15% in the prior year).  The company announced the U.S. government has a ~10% stake in Intel.  For Q4 the company gave revenue guidance of US$12.8 billion to US$

Here’s my assessment of the situation, with caveats and risk factors. (Note: this is not financial advice — just an analytical viewpoint.) --- 1. Is there still upside potential after AMD jumps ~25%? It is possible, but the risk-reward becomes more challenging. The OpenAI deal is a dramatic inflection event, and markets will now shift toward judging execution, de-risking, and sustainment rather than surprise. Supporting arguments for further upside: The deal is multi-year and multi-generation: AMD will supply GPUs across multiple future architectures (starting with MI450) under a 6-gigawatt commitment.  OpenAI’s warrant gives it up to 160 million shares (roughly 10 % of AMD) at $0.01, vesting on milestones tied to share price and deployment.  The warrant structure essentially ali

You’ve raised very pertinent questions about the S‑REITs (Singapore Real Estate Investment Trusts) space — especially the trade-off between “stable yield” versus “explosive growth”, the impact of upcoming rate cuts, and which Singapore companies might be worth your attention. I’ll structure my thoughts as follows: --- 1. Stable Yield vs. Explosive Growth Stable Yield Advantages: Many S-REITs deliver a reasonably high distribution yield (DPU/dividend) compared to many other equities in Singapore. For example, as of early 2025 the average dividend yield for S-REITs was about 6.9%.  Less dependent on spectacular growth; more about property income, occupancy, stable tenants, and proper financing. Aligns with income-oriented investors: If you appreciate regular distributions and lower vola

$Amazon.com(AMZN)$  This is ultimately a capital allocation and timing question, not a demand question. Can AWS absorb a hypothetical US$50B OpenAI-style bet? From an operating standpoint, yes. Amazon generates enough operating cash flow for AWS to sustain heavy investment without existential strain. The issue is free cash flow optics, not balance-sheet survival. A deal of this size would front-load cash outflows while monetisation lags, temporarily compressing FCF and keeping investors focused on capex discipline rather than growth acceleration. However, if structured partly through equity, long-dated commitments, or capacity-sharing agreements, the near-term FCF hit could be softened. AWS’s scale gives it flexibility smaller hyperscalers do

$Apple(AAPL)$  Here’s my assessment, based on the latest data and market signals. Of course, nothing is certain — this is about probabilities and risk. --- 1. Have I “loaded” Apple shares? I don't own apple stock. But from a valuation/analytical sense, Apple is looking increasingly interesting to many analysts, especially given the iPhone 17 upgrade cycle and recent signs of stronger demand. Many institutional investors likely are adding or at least considering more exposure, given the upside forecasts, though macro risks remain. --- 2. Am I bullish that Apple can support market highs? Yes, with caveats. Reasons for bullishness: Upgrade cycle strength. Wedbush believes that many iPhone users (≈315 million globally) h

$S&P 500(.SPX)$  A strong January does tilt probabilities in favour of a constructive 2026, but the path is unlikely to be linear. U.S. equities: Double-digit gains remain plausible, though harder than in prior years. Valuations are elevated, so returns will depend more on earnings delivery than multiple expansion. Expect higher volatility and sharper rotations rather than a broad, smooth rally. Relative performance: The U.S. may outperform on absolute earnings quality, but could lag selectively versus parts of Asia and Europe where valuations are lower and policy cycles are more accommodative. Leadership may narrow rather than broaden. AI leadership rotation: Near term, memory and infrastructure stocks benefit from capacity tightness and

Market Context and Recent Price Action Recent sharp sell-offs in gold and silver were among the most extreme in decades, reflecting forced liquidations, extreme leverage unwinding, and technical stresses rather than outright changes in fundamentals. Silver, in particular, saw outsized moves driven by speculative positioning in China and subsequent margin calls. Both metals then staged a strong intraday rebound, with spot gold back above $4 800 and silver reclaiming around the $83 mark.  Short-term price spikes and reversals of this magnitude often occur when markets have been stretched beyond typical trading ranges. These reversals can be driven as much by trading dynamics (positions getting flushed) as by investor sentiment.  --- Is This a Renewed Rally? Arguments in favour of a