$BABA-W(09988)$ $Alibaba(BABA)$ $BABA-W(09988)$ my prediction was correct last week that we will close higher at end of the week compare to the previous week closing. Similarly this week I expect it to close higher compares to last Friday closing price. Generally I think the China tech stocks are oversold and buyers maybe rushing in to secure the low prices.
$UOB(U11.SI)$ All 3 local banks have been sold Down last week to ridiculous prices cos of 1 report. Now it seems they are near oversold Conditions. Take advantage esp Uob Which is the cheapest of the trio. Ignore the noise & be rewarded.
$VanEck Semiconductor ETF(SMH)$ Most investors and traders worry incessantly about what might happen. Focusing on what is likely to happen will make you more successful.. like continuing to DCA into chips because AI is more likely to continue to be profitable
The indices: the Dow led all three higher, with healthcare and real estate doing the work All three indices rose on Friday: the $Dow Jones(.DJI)$ gained 0.83 per cent to 51,654.95; the $S&P 500(.SPX)$ rose 0.59 per cent to 7,811.54; and the $NASDAQ(.IXIC)$ added 0.64 per cent to 27,366.17. The 10-year Treasury yield nudged one basis point higher, from 5.23 per cent to 5.24 per cent. The session's leaders were real estate, up 1.85 per cent, and healthcare, up 1.48 per cent — not the technology and compute names that have been carrying recent moves. Thursday's OpenAI revenue worries dissipated, but what filled th
Oil May Retest $80: Watch the Brent-WTI Spread Before Buying the Dip📉💰
News over the weekend of an attack on an airport in Riyadh, Saudi Arabia, that caused casualties prompted concern and discussion about what might happen next in the Middle East. Yet oil did not rise at the start of this week as many had expected. After opening slightly higher, it has now fallen by more than 1%. That does not mean oil’s upward path has ended. On the contrary, if the pullback lasts long enough and goes far enough, oil could still retest its highs, especially if accompanied by new U.S. actions. After a substantial rebound and recovery, WTI crude oil repeatedly produced “9” signals on the daily chart and eventually began to pull back around mid-September. Bears are now testing trendline support dating back to July, and a break below it is quite possible. With no new geopolitic
I am not surprised by Goldman Sachs upgrading $Palantir Technologies Inc.(PLTR)$ to Buy with a reported $230 price target. I believe Palantir is well positioned to benefit as businesses increasingly integrate AI into real-world operations through its AIP platform. I already own PLTR and remain bullish on its long-term potential. Its ability to turn complex data into actionable insights gives it an edge in enterprise AI. However, I remain mindful of its premium valuation and the risks of high market expectations. My strategy is to HOLD patiently and look for opportunities to accumulate more shares during meaningful pullbacks. I believe in Palantir’s growth story, but discipline and valuation awareness remain essential. Conviction is important, but
I remain bullish on $Taiwan Semiconductor Manufacturing(TSM)$ because its latest revenue figures show strong semiconductor demand. With AI infrastructure spending supporting demand for advanced chips, I believe TSMC is well positioned to benefit from this long-term trend. However, revenue growth alone is not enough. I want to see whether TSMC can maintain healthy margins, manage capital expenditure, and generate sustainable cash flow. The slight month-on-month revenue decline does not concern me much, but I will watch management’s guidance closely. The October 15 earnings announcement will be an important catalyst. I prefer to focus on long-term fundamentals rather than chase short-term excitement. The AI opportunity is promising, but valuation an
Iggy’s Journal: Maybank Cuts Sheng Siong to Hold and Trims Its Target Price to S$3.12 Sun 11 Oct 2026 | Afternoon The Numbers Maybank downgraded Sheng Siong (SGX: OV8) from Buy to Hold and cut its target price to S$3.12 from S$3.22, a cut of 3.1 percent, per a report dated 9 Oct as summarised on SGinvestors.io. Maybank calls the company high quality but says the share price already reflects much of that. Its stated reason is valuation: 28.4 times FY26 earnings and 17.3 times EV/EBIT, against projected net profit growth of 8 percent a year over FY25 to FY28 and a 2.5 percent dividend yield. It trimmed FY26 to FY28 net profit forecasts by 1 to 3 percent and cut its 2028 new store assumption from five to four. Maybank also expects the tailwinds to fade. The S$500 CDC voucher tranche w