$Apple (AAPL) Slips -1.23% After Touchscreen MacBook Reveal: $334 Support Holds, $350 Resistance ...
📊 Market Recap As of the October 31 close, 'AAPL' ended at $344.63, down -1.23% (-$4.28), holding above its recent low of $334.35 in a volatile session that ranged from $334.35 to $349.19. The close sits just 2.0% below its 52-week high of $351.73, confirming a high-level consolidation pattern near record territory. 🚀 Key Drivers Product Refresh: Apple unveiled its first touchscreen MacBook Pro, a notable hardware shift that failed to trigger immediate upside as investors await earnings. Pre-Earnings Caution: With earnings due next week, positioning has turned defensive, reflected in a capital outflow of $69.49 million on the 5-day flow snapshot. Market Cap Battle: Earlier in the week Apple re-claimed the top U.S. market cap spot, but fading momentum has pressured the stock as mega-cap rot
AXT Inc (AXTI) Plunged -9.56%: Chip Materials Play Tests $52 Support After Earnings-Driven Surge ...
📊 Market Recap AXT Inc closed at $55.06 on October 30, 2026, down -9.56% from the previous session, with intraday trading ranging from $50.96 to $58.84. The stock now sits about 61.5% below its 52-week high of $143.16, after a sharp reversal from the recent earnings-driven spike toward $61. 🚀 Key Drivers Earnings Sell-the-News: Q3 adjusted EPS of $0.41 and revenue of $73.41M beat expectations, but the stock reversed sharply as investors locked in gains after the report. Heavy Volume and Short Pressure: Volume ratio hit 1.45 with short volume ratio climbing to 24.90% on October 28, signaling increased bearish positioning and intraday churn. Elevated Volatility: Daily amplitude reached 12.94%, reflecting intense two-way flow as large orders showed net outflows in recent sessions. 🎯 Price Out
$IREN Ltd (IREN) Plunges -8.76% to $23.95: AI Cloud Fear Deepens as Price Tests 52-Week Low
📊 Market Recap As of October 30, 2026 (America/New_York), 'IREN' closed at $23.95, down -8.76% on the day. The stock opened at $24.40, hit an intraday high of $24.93, and crashed to a low of $23.06, which also marks its 52-week low. The closing price is now approximately -68.8% below its 52-week high of $76.87, reflecting a severe bearish breakdown in the AI data center sector narrative. Trading volume surged to 52.63 million shares with a volume ratio of 1.04, indicating active distribution rather than passive drift. The stock's turnover rate reached 13.01%, and the amplitude was 7.11%, showing intense intraday volatility and heavy selling pressure near the lows. 🚀 Key Drivers Musk's Neocloud Warning: Elon Musk publicly stated that over 200 neocloud companies are "doomed to failure" as de
$Western Digital (WDC) Plunges -7.41%: Post-Earnings AI Capex Fears Trigger Breakdown, $335 Suppo...
📊 Market Recap As of October 30, 2026 (ET), 'WDC' closed at $366.11, tumbling -7.41% with a single-day loss of -$29.30. The stock opened at $366.84, reached an intraday high of $377.99, and dropped to a low of $361.11, with amplitude of 4.27%. The closing price sits far below the 52-week high of $799.87 and above the 52-week low of $132.43. 🚀 Key Drivers AI Capex Concerns: Wedbush noted that despite a strong fiscal Q1 beat, better near-term HDD fundamentals failed to address future AI capital expenditure worries, pressuring the stock. HDD Supply Fears: Management hinted capex could exceed the high end of the quarterly range, and hypothesized Toshiba may add incremental unit capacity, exacerbating HDD supply concerns. Sympathy Selling: Western Digital shares moved lower in after-hours tradi
📊 Market Recap As of October 31, 2026, Marvell Technology ('MRVL') closed at $196.40, tumbling -10.05% with an intraday swing of 8.00%. The stock is now approximately 40.5% below its 52-week high of $329.88, as panic selling overwhelmed a reported interest in acquiring Lumentum Holdings. 🚀 Key Drivers M&A Shock: Reports that Marvell may acquire optical networking peer Lumentum Holdings triggered a sharp sell-off, with the stock initially dropping as much as 12% as shareholders fretted over massive equity dilution. Funding Concerns: With Lumentum's market cap near $82.79 billion versus Marvell's roughly $220.67 billion, investors worry a stock-based deal would heavily dilute existing holders, especially given only about $4 billion in cash against $5 billion in long-term debt. Technical
① What Happened Today Tech earnings blew up across the board. The market is shifting from chasing AI growth to questioning whether high valuations can actually deliver. Based on premarket data, QQQ is down about 2.5%, and the S&P 500 is down about 1%. Tech is the hardest hit: INTC -25%: PC demand worsened, and Q4 guidance came in far below expectations, dragging down AMD, DELL, and HPQ. AMZN -7%: AWS grew 39%, but missed big institutions' ~43% target, raising questions about AI investment returns. SNDK -8%: Revenue wasn't bad, but gross margin and future pricing power missed market expectations. RDDT -20%, RBLX -17%, TWLO -19%: Results or growth guidance disappointed, and the market's tolerance for growth stocks is falling. Also, an oil tanker attack in the Middle East and Houthi-relat
Why I Would DCA Into DRAM: AI Needs Memory, Not Just Powerful Chips When people talk about the AI boom, NVIDIA and the latest AI processors usually get most of the attention. But I think there is another part of the AI infrastructure story worth watching: memory. AI models need to process enormous amounts of data, and that creates demand for memory technologies such as high-bandwidth memory (HBM), DRAM and NAND flash storage. As AI workloads become more demanding, memory performance and capacity can become important constraints on the overall system. That is why DRAM is the ETF I would choose for dollar-cost averaging (DCA). Instead of trying to predict which individual memory company will outperform, I can get exposure to a group of companies operating in this part of the semiconductor in
A. AMZN, but I would not rush to catch the first dip. AWS growing around 39% suggests the underlying AI/cloud demand story remains strong. My concern is the other side of the equation: enormous infrastructure spending and deteriorating free cash flow. I would want evidence that AWS growth can eventually outrun the capex required to support it. I am less tempted by INTC because its weak forward guidance points to an operating problem rather than simply market disappointment. SNDK has excellent AI-storage momentum, but after such a huge run this year, strong results may already be heavily priced in. I do not think the AI rally is necessarily running out of steam. The market is becoming more selective. Earlier, AI revenue growth itself was enough. Now investors increasingly want AI growth +
Is COIN just leveraged Bitcoin, and what cushions it?
$Coinbase Global, Inc.(COIN)$ The short answer The share price mostly trades like leveraged Bitcoin. Over the last 52 weeks the correlation of weekly returns is 0.82, and COIN's beta to BTC is 1.19 over two years and 1.16 over one year. But the business has a second engine that runs on the Fed, not on crypto: in Q3, $430.6M of $1,215.6M total revenue (35.4%) came from USDC and interest. My read: that is the main cushion, and it is smaller than the "half of revenue is recurring" line suggests, because part of subscriptions and services (staking rewards) still moves with crypto prices. 1. The overlay: early at tops, late at bottoms On weekly closes indexed to COIN's listing week, COIN topped on 18 Jul 2025 and BTC on 3 Oct 2025, so COIN
$Sheng Siong(OV8.SI)$ The price being sold down today, it looks like the market doesn't like the latest financial numbers. Chart wise, bearish mode. She had broken the support at 2.i5 and is now trading at 2.67, looks rather bearish. She may go down to test 2.60 than 2.50 and below. Pls dyodd. Sheng Siong Group’s net profit increases 1.8% to S$44.6 million for 3Q FY2026 • Revenue rose 6.2% yoy to S$441.5 million, driven by new store openings. • Gross profit margin improved 0.7 percentage points yoy to 32.2% due to a better sales mix. • The Group opened three stores in 3Q FY2026, bringing the total number of new stores opened in 9M FY2026 to seven.
I prefer SOXX or SOXQ for broader semiconductor exposure rather than betting everything on DRAM. AI growth is exciting, but I believe cash flow is becoming increasingly important. Companies must prove that massive AI infrastructure spending can translate into sustainable revenue, operating margins and free cash flow. 1️⃣ Why am I making this trade now? AI demand remains strong, but valuations and interest-rate risks deserve attention. 2️⃣ What’s my plan from here? I would DCA into semiconductor ETFs and monitor earnings, cloud spending and free cash flow. If AI capital expenditure rises but revenue growth slows, I would reconsider my bullish outlook.
Micron Fell Below $900. I Think the Market Is Selling the Wrong Question.
$Micron Technology(MU)$ Micron has fallen from almost $1,000 to around $896 pre-market. Again. And I can already feel the frustration among MU investors. SK Hynix posts extraordinary numbers. Memory remains scarce. AI data-centre demand remains enormous. SanDisk reports explosive datacentre growth. Micron itself is producing extraordinary margins. Yet MU falls. So naturally investors are asking: WHAT IS WRONG WITH MICRON? My answer? Less than the stock price suggests. But something HAS changed. Wall Street has moved one level higher in the AI supply chain. The question is no longer: “Is memory demand strong?” We already know it is. The new question is: “CAN THE COMPANIES BUYING ALL THIS MEMORY KEEP SPENDING?” An
I see the recent tech selloff as an opportunity to start screening quality companies, but I do not think we can call it a confirmed bottom yet. I remain positive on the long-term AI story, especially companies with strong competitive advantages and sustainable earnings. My focus is on individual stocks rather than buying the entire $Invesco QQQ(QQQ)$ basket blindly. I want to see whether revenue growth can translate into stronger free cash flow, while keeping an eye on valuation, capital expenditure and debt. A lower share price does not automatically mean a stock is cheap. I prefer to accumulate gradually on meaningful pullbacks rather than rush in with a lump sum. I am watching $Alphabet(GOOGL)$ ,
Global Tech Plunges. Is today going to be a Blackiest Friday? After the spectacular AI related collapse yesterday, everyone is waiting for the market open with baited breath. As it is, at overnight and pre-market trading, things does not look encouraging. What is on people's mind now is if what Elon Musk predicted about most AI companies dying like guppies will come true. Is this the start of the repeat of 2000? The AI version of the Dot.com bust?
Livestream Highlights: Semiconductors Echo the Dot-Com Buibble, Trade the Post-Midterm Low
Last night, I hosted a futures livestream on Tiger Brokers covering changing trends in semiconductor stocks and US equity indexes, along with trading ideas for gold and silver. If you missed the live session, you can watch the course replay here >> 半導體股已見底還是跌勢剛開始?股指新一輪大行情正在醞釀 Next, I will categorize and summarize the course’s most important information and trading insights. This should help investors who did not have time to attend the class quickly understand my current market views. First, a brief personal introduction: My Professional Background Gu Mingzhe is a guest strategy instructor for CME, an instructor for the Singa
4 Daily Charts to Watch: $AAPL, $MU, $META & $GOOG
Four major stocks are showing very different technical setups. Some are flashing bearish signals, while others may be approaching a relief bounce. 🔴 $Apple(AAPL)$ — Watch the 20DMA at 341 • A second shooting star has appeared near the upper Bollinger Band within just five trading sessions. • A pullback toward the 20-day moving average, currently around 341, looks increasingly likely. • The unfilled gap at 347 could act as near-term resistance. ⚠️ Be careful chasing the extended-hours rally. The daily chart is showing signs of exhaustion. 🔻 $Micron Technology(MU)$ — Bearish Rejection at the 20DMA • Price was rejected at the 20-day moving average. • A move toward the lower Bollinger Band, currently around 814
Technical Edge: Nasdaq Bears Press On as Support Emerges! Hang Seng Stabilizes at a Key Level
Hello everyone! Today we will review the latest technical developments in the Nasdaq, Hang Seng Index, Singapore Straits Times Index, WTI crude oil, gold and silver. Market performance remains divergent, with rebound attempts and downside pressure occurring at the same time. We will combine fundamentals with technical structures to identify key support, resistance and the conditions required to confirm the next move. Nasdaq: Bearish Structure Persists; Watch Key Support Below 美光科技(MU)$$英伟达(NVDA)$$亚马逊(AMZN)$$特斯拉(TSLA)$
5 Stocks on My Radar After the Selloff: $RDDT, $NOW, $INTC and More
The market is punishing earnings disappointments and uncertainty around AI spending. Several high-profile stocks have suffered sharp declines, but I'm not rushing to sell. I'm watching key support levels, long-term buy zones and opportunities to build positions. Here's my latest watchlist 👇 🚨 1. $Reddit(RDDT)$ — Down 15%, But Sitting on Major Support $RDDT plunged roughly 15% after hours following weaker-than-expected earnings. Investors are panicking, but the stock is approaching one of its strongest long-term support zones. The last time it tested this area, $RDDT rallied more than 125% over the following year. History doesn't guarantee a repeat, but this is a level I'm paying close attention to. 📉 2. $Servi
SK Hynix reported quarterly revenue of 104.6 trillion won and operating profit of 83.3 trillion won, with an operating margin approaching 80%. Yet net income plunged 58%. Despite the sharp decline in net income, the company’s U.S.-listed shares surged 13.3% on Oct. 28, while its South Korean shares rose 10.89%. The rally extended across the semiconductor sector, lifting Samsung Electronics 9.01%, Micron Technology 5.86% and SanDisk 7.66%. The market’s reaction reflected confidence in SK Hynix’s underlying operating performance rather than its headline net income. Strong shipment guidance, rising memory prices and progress in high-bandwidth memory (HBM) reinforced the company’s position in the AI supply chain. But the results also raise broader questions. How sustainable are its extraordina
$INTC High-significance bearish gap risk Catalyst: Q3 earnings and weaker-than-expected Q4 guidance, released 29 October US time. Intel fell sharply after hours following its earnings release. Reuters reported a decline of approximately 23%; another market-data source showed $70.86, down 23.04% from the $92.07 regular-session close. Other snapshots showed higher after-hours prices, so the exact price depends on the timestamp. Regular-session close, Oct 29 $92.07 Reported after-hours low snapshot $70.86 What the technical evidence says 1. The earnings gap is the primary signal. Confirmed: Q4 revenue guidance of $15–16 billion fell short of analyst expectations of approximately $17 billion. Intel also cited manufacturing constraints and ongoing PC-market weakness. Volume: Regular-sessi