$JPM Holds Bullish Structure Above $330, $338 High Now Within Reach
$JPMorgan Chase(JPM)$ $JPMorgan Chase & Co.(JPM) Rallies +1.92%: Financial Titan Nears 52-Week High, $337 Resistance in Sight 📈 Latest Close Data Closed at $331.48 on 2026-06-23, up +1.92% ($6.26). The stock is now just $6.61 (-1.96%) below its 52-week high of $338.09. Core Market Drivers Strong performance within the financial sector, buoyed by stable interest rate expectations and robust capital markets activity. Continued institutional confidence in its diversified banking and asset management operations. Technical Analysis Volume was solid at 10.18M shares. The latest RSI(6) reading of 69.38 indicates strong momentum but is approaching overbought territory. The MACD shows a bullish configuration with DIF at 6.70 and DEA at 4.16, generating
🎉SGX Launching Gold and Silver Leveraged DLCs on June 23rd
DLCs have expanded beyond indices and single equities to include select ETFs. SGX recently rolled out DLCs with Gold and Silver ETFs as its underlying, allowing investors to capitalize on increased price volatility through leveraged and inverse positions. $Gold - main 2608(GCmain)$$Silver - main 2607(SImain)$$SPDR Gold ETF(GLD)$$iShares Silver Trust(SLV)$ Beyond sustained interest in DLCs with Hong Kong underlyings, there has also been notable growth in U.S.-linked DLCs, particularly in names such as
SGX ETF 26H2 Playbook — Building Asia Exposure with Growth, Yield & Discipline
Speaker: Kenny Loh @Kenny_Loh (Wealth Advisory Director & REITs Investment Expert) Live Date: June 16, 2026 ( Review Link>> ) 🎯 3 Key Takeaways SGX ETFs are portfolio building blocks. Investors can use them to access local blue chips, regional tech, real estate, and defensive income exposure through one market. Allocation comes before product selection. Growth, yield, and balanced investors need different ETF mixes, not the same “one-size-fits-all” portfolio. Execution discipline matters. Limit orders and proper trading windows can help investors reduce slippage and
$BAC Faces 52-Week High Wall as Momentum Peaks Short-Term
$Bank of America(BAC)$ $Bank of America(BAC) Rises +2.08%: Nears 52-Week High, $57.98 in Sight 🏦 Latest Close Data: BAC closed at $57.37 on 2026-06-23, up +2.08% (+$1.17). The stock is now just $0.61 from its 52-week high of $57.98. Core Market Drivers: The banking sector saw broad strength, with BAC rising alongside peers. However, a key headwind is the ongoing Department of Justice investigation into major banks, including BAC, over "de-banking" allegations, which adds regulatory uncertainty. Technical Analysis: 📈 The rally was supported by strong volume of 38.65M shares. The RSI(6) is at 79.33, indicating overbought conditions in the very short term, suggesting potential for consolidation. The MACD (1.36, 1.01, 0.69) remains in a bullish configu
$Amgen(AMGN)$ $Amgen Inc. (AMGN) Rallies +2.11%: Biotech Giant Consolidates Above $344, Targeting $360 Latest Close Data 📊 Closed at $344.72 on 2026-06-23, up +2.11% (+$7.12). The stock is now 11.9% below its 52-week high of $391.29. Core Market Drivers 💊 Regulatory Catalyst: Recent EU approval of Imdylltra® for small cell lung cancer continues to provide a positive sentiment tailwind for Amgen's oncology portfolio expansion. Sector Momentum: The broader biotech sector shows mixed but generally supportive trading, with Amgen benefiting from its large-cap stability. Technical Analysis 📈 Volume: Trading volume was 2.52M shares, with a Volume Ratio of 0.57, indicating below-average activity and potential consolidation. RSI (12): At 52.43, RSI is in n
$Macy's(M)$ $Macy's(M) Rises +2.15%: Retail Giant Tests 52-Week High, $25.1 Resistance in Focus 📈 Latest Close Data 🗓️ Closed at $24.66 on 2026-06-23, up +2.15% (+$0.52). The price is just -$0.99 (-3.9%) away from its 52-week high of $25.65. Core Market Drivers ⚙️ Strong Q1 earnings beat and raised full-year guidance continue to fuel positive sentiment. Recent investment disclosure by Berkshire Hathaway (approx. $55M) has provided a significant confidence boost. Analyst upgrades (e.g., JPMorgan to $27) reinforce the bullish narrative on the company's "Bold New Chapter" turnaround plan. Technical Analysis 📊 Volume: Trading volume of 6.5M shares shows solid participation in the uptrend. RSI: The 6-day RSI at 63.4 and 12-day at 65.1 indicate strong mome
$UPS Rallies Off Support as Bulls Target $111 Breakout Zone
$United Parcel Service Inc(UPS)$ $United Parcel Service, Inc.(UPS) Gains +2.27%: Logistics Giant Rebounds from Support, Eyes $111.5 Resistance 📈 Latest Close Data Closed at $107.24 on 2026-06-23, up +2.27% (+$2.38). Currently ~12.4% below its 52-week high of $122.41. 🚀 Core Market Drivers The stock rebounded from recent selling pressure, which was driven by internal share sales (Form 4 filings) and Q1 earnings showing a -27.21% YoY profit decline. The broader logistics sector remains under watch as Amazon expands its freight services, intensifying competition. 📊 Technical Analysis Volume was 5.48M shares (Volume Ratio: 0.87), indicating average participation. The RSI(6) rose to 51.66, moving out of oversold territory and signaling a potential shift
$ARM Holdings(ARM)$ ARM Holdings has been one of the hardest-hit names during the latest semiconductor sector pullback, with investors rotating out of high-growth AI and chip stocks amid concerns over interest rates, valuations, and slowing momentum. While many traders are focusing on short-term volatility, I see the current weakness as an opportunity rather than a reason to panic. Instead of trying to predict the exact bottom, I am using a disciplined Dollar-Cost Averaging (DCA) strategy to gradually build my position in ARM. My investment thesis remains centered on ARM's long-term role in the global semiconductor ecosystem. The company's architecture powers billions of devices worldwide, from smartphones and edge computing systems to the nex
$Alibaba(BABA)$ Bought a small tranche of BABA after it reached my review zone. Valuation looks attractive, but I am keeping the position size controlled as sentiment remains weak.
$Deutsche Bank AG(DB)$ Deutsche Bank (DB) Rises +2.32%: European Banking Giant Tests Key Resistance at $36.16, Momentum Builds 📈 Latest Close: Closed at $36.09 on 2026-06-23, up +2.32% (+$0.82). The stock is now ~10.7% below its 52-week high of $40.43. Core Market Drivers: 1) Positive momentum in European financials amid broader market strength. 2) Recent news highlighted DB's intraday gains (+3.04% on 06-12 and +3.72% in after-hours on 06-15), signaling renewed institutional interest. 3) Stable macro backdrop for European banks supports the uptrend. Technical Analysis: Volume was moderate at 2.64M shares (Volume Ratio: 0.71). The 6-day RSI is at 83.06, indicating overbought conditions and strong short-term momentum. The MACD (12,26,9) shows a bulli
$Corning(GLW)$ Corning (GLW) is not usually the first name investors think of when discussing the AI boom, but that is precisely why I started building a position and using a dollar-cost averaging (DCA) strategy on the stock. While the market remains focused on obvious AI winners such as Nvidia, I believe Corning represents a less crowded way to participate in the same long-term trend. Its valuation is far more reasonable, yet its products are increasingly important to the infrastructure supporting AI growth. The key reason behind my investment thesis is Corning's role in optical connectivity. As Nvidia's AI GPUs become more powerful, the amount of data moving between servers, racks, and data centers continues to explode. High-speed optical fi
$Microsoft(MSFT)$ My $380 Cash Secured Put (CSP) for MSFT expired last Friday, and with the shares trending just a hair below strike, I have officially taken assignment. Instead of rolling the position down and out, I decided to let the shares get put to me. At these levels, I find the price highly attractive for entering a fresh long position. In fact, this entry is lower than my current average cost basis, making this a great opportunity to Dollar-Cost Average (DCA) down. The long-term playbook here is simple: I will hold onto this lower-value entry and look to systematically shave off my higher-priced holdings once the share price recovers. The Landscape on MSFT Right Now: The Bull Case: The stock has slid roughly 17% this year and is tes
$Robinhood(HOOD)$ I am officially out of HOOD. Back in March, when geopolitical tensions in the Middle East triggered a sharp market sell-off, my deep In-The-Money (ITM) Cash Secured Put (CSP) was hit with an unexpected early assignment. I have been patiently holding the shares ever since, waiting for the ticker to find its footing. With HOOD finally rallying back above my original strike, I used a Covered Call to systematically cash out as the contract expired ITM. To be completely honest, I have lost faith in this counter over the last few months. While the platform continues to show aggressive product velocity—evidenced by their record trading volumes in options, prediction markets, and their recent 10% workforce restructuring to lean out
$INTU 20260626 255.0 PUT$ Hope i am right on this and can give me 2x / 3x returns Setting a goal for June 2026: to collect more than $1,000 in premium (including premiums paid to close the options). Collected to date: -$868