Last Week's Recap 1. Weekly Market Wrap: Sticky Inflation, Surging Yields and $100 Oil Pressure US Equities Modest retreat: Major US indices fell for four straight days through Thursday but rebounded on Friday to soften weekly losses. The $S&P 500(.SPX)$ & $NASDAQ(.IXIC)$ finished slightly lower for the week while the $Dow Jones(.DJI)$ dropped 1.57%. Bond sell-off: The 10-year US Treasury yield closed at 4.97% on Friday, the highest since Oct 2023. 2-year and 30-year yields also hit multi-year highs. Oil resurgence: Oil prices pulled back Friday but were still up more than 8% for the week. US crude traded a
From EVs to Humanoids: Can China’s Carmakers Find Their Next Growth Engine?
China’s electric-vehicle market is entering a tougher stage. Domestic passenger-car sales fell 23.7% year on year in August, while domestic EV and plug-in hybrid sales declined 10.1%. Exports remain a bright spot, with passenger-vehicle exports rising 77.5% and EV and plug-in hybrid exports climbing 154.7%, but intensifying competition at home is putting greater pressure on automakers to find new sources of growth. For the stock market, this makes the industry’s expanding push into humanoid robotics increasingly relevant. Companies including $XPeng Inc.(XPEV)$, BYD, Chery and GAC are trying to extend capabilities developed for intelligent vehicles—such as AI, batteries, sensors, autonomous systems and advanced manufacturing—into ro
Weekly｜Strong US Jobs Reset Fed Expectations; HK, SG Outperform while Australia Pulls Back
Last Week's Recap 1. Weekly Market Digest: Stocks Flat, Jobs Roar Back, Yields Hit YTD Highs, Oil Surges Late summer doldrums — Major U.S. indexes traded in a narrow range for a fourth straight week: $NASDAQ(.IXIC)$ +0.4%, $Dow Jones(.DJI)$ -0.2%, $S&P 500(.SPX)$ essentially flat. No big moves since the July 30 rally. Jobs comeback — August nonfarm payrolls surged 162,000 (roughly triple consensus), a sharp turnaround from July's upwardly revised 21,000. Largest gain in five months; unemployment rate held steady at 4.1%. Rate outlook — CME FedWatch: ~58% probability of a 25bp hike at the September 16 FOMC meeti
💾 SanDisk +3,000%: Why Memory Makers Are Buying Back Billions
👋 Hi, Tigers! $SanDisk Corp.(SNDK)$ is up more than 3,000% over the past year. $Micron Technology(MU)$ has gained well over 200% YTD. Numbers like that are wild enough to make anyone wonder whether the market has gone too far. But the more interesting story isn't the stock charts — it's what these companies are doing with the cash they're generating. Record memory pricing has turned $Micron Technology(MU)$, $SanDisk Corp.(SNDK)$ and $SK hynix(SKHY)$ into cash machines. And their very different capital-al
Last Week's Recap 1. Market Digest: Stocks Edge Up, Warsh's Hawkish Jackson Hole, Yields Spike, Inflation Sticky Baby steps — $S&P 500(.SPX)$, $NASDAQ(.IXIC)$, and $Dow Jones(.DJI)$ posted fractional weekly gains, regaining ground from the prior week's modest declines. Stocks traded in a narrow range for a third consecutive week. Hawkish Fed — Fed Chair Kevin Warsh emphasized inflation risks at Jackson Hole, stating the Fed "must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do." Yield reaction — 2-year Treasury yield jumped to 4.3
💲Chips Win, Platforms Pay: Nvidia Soars as Meta, Snap Take Heat
👋 Hi, Tigers! Wednesday was a quiet session on the surface — $Dow Jones(.DJI)$ -0.21% to 53,463.88, $S&P 500(.SPX)$ -0.02% to 7,675.70, $NASDAQ(.IXIC)$ -0.08% to 26,130.20 — but that calm was just the market holding its breath. The real action happened after the bell, and in two boardrooms that had nothing to do with AI chips. 💲 The Setup: A Market on Pause July core PCE inflation landed exactly in line with expectations, leaving September rate-cut odds unchanged. With nothing new on the inflation front and Nvidia's print looming after the close, traders mostly stayed on the sidelines — Big Tech split roughly d
“Triple Threat” Week: NVDA Earnings, July PCE, and Fed's Jackson Hole Symposium
Last Week's Recap 1. Market Digest: Stocks Retreat, Yields at 20-Year Highs, Debt Crosses $40T, Bitcoin Surges Modest retreat — $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ fell ~1-2%, snapping a three-week win streak. S&P 500 ended 1.6% below its prior week record; NASDAQ 3.4% shy of its early June peak. High yields — 30-year Treasury yield ended at 5.27% (near highest in ~20 years); 10-year at 4.73%, 2-year at 4.23%. U.S. gross debt crossed above $40 trillion for the first time. Treasury bond buyback — Treasury Secretary Scott Bessent doubled the bond buyback program to $4B per session (from $2B), targeting 10-, 20-, and 30-year segments where yields hit highest since 2007. Overseas yields — Japan's 10-
💾 Storage Stocks Just Entered a Technical Bull Market — Same Shortage, Five Different Angles
👋 It's been a wild week for storage. The whole memory/storage complex is up double digits, with $SanDisk Corp.(SNDK)$ +38%, $SK hynix(SKHY)$ +23%, $Seagate Technology PLC(STX)$ +21%, $Western Digital(WDC)$ +17%, and $Micron Technology(MU)$ +13%. That's not one stock popping on a headline — it's a full sector re-rating. Here's the setup, and why each name is playing a slightly different version of the same trade. 🏗️ The Setup: This Isn't Just Demand — It's a Zero-Sum Reallocation The core thesis behind th
Cross-Market Weekly: Yields at 2007 Highs, HKEX Tech Bloodbath, Oil Rebounds — FED Minutes in Focus
Last Week's Recap 1. Weekly Market Digest: Stocks Flat, Yields at 2007 Highs, Inflation Moderates, Oil Rebounds Flat market — U.S. indexes were little changed as stocks took a breather after the prior week's record highs. S&P 500 and NASDAQ ended fractionally higher; Dow fractionally lower. Elevated yields — 30-year Treasury yield climbed back to ~5.26% (highest since 2007); 10-year at 4.69%, while the 2-year eased slightly to 4.17%. Moderating inflation — July CPI held steady at 3.4% annual rate (down from June's 3.5%); PPI showed inflation little changed from the prior month. Robust revenue — S&P 500 Q2 revenue growth on pace for 15% (highest since Q4 2021), per FactSet; earnings growth tracking above 50%, strongest since Q2 2021. Oil rebounds — U.S. crude rose above $82 Friday (