I hesitate to chase at current high. Market is a bit too volatile now. I believe the upcoming result will be good but suspect it has been priced in and could be range bound. I am watching the effect of the war & expenses, these are some key factors that might pull back the bull charge.
I'd hold: DBS With quarterly dividends that's been assured for next foreseeable few quarters, good wealth management growth, it's my top pick. I love to use their digital banking under the wealth management too. It's so convenient. So, I'll invest business that I am using. Are you a DBS client too? 😊
I'm predicting that ocbc performance is close to dbs. All 3 banks should do well in wealth management segment. UOB could be a black horse if there's no change to last qtr's provision, and if it registers low credit loss. Outperform or under perform may largely depemds on it.
I'll think that Google is going to breakout above $400 within this year, given the current successful AI investment that is widely used already. As a user, I love Gemini, I love Google-ing. I am also paying for it's cloud service too. Who is not a Google user, thumbs up here. Lol! Plus, the shares they hv in Space stock... yes!
1. I think OCBC will close at SGD22.8 on May 9 (Friday after earnings) 2. I think UOB will close at SGD35.8 on May 8 (earnings day) 3. Will OCBC or UOB match DBS's wealth management fee surprise? Yes
🌟🌟🌟A Nasdaq correction is not a funeral. It is a discount season, a valuation detox and a spa day for overheated charts. The market has not really turned bearish. A true bear market is when hope evaporates. Right now hope is very much alive, just temporarily hiding behind a pillow. Cash or Buy the Dip? I don't go full cash. I don't go full YOLO. I go strategic, stay calm and patient. Corrections are where long term wealth is built, but only if I choose wisely. Which Mag 7 are worth hunting now? $NVIDIA(NVDA)$ : the backbone of AI compute, still the king of 5 layer cake. $Microsoft(MSFT)$ : AI enterprise dominance, cloud stickiness $A
While revenue grew at a record 65% last year, $NVDA is trading near its lowest valuation of the AI era. Let me say that again. $NVIDIA(NVDA)$ is trading near its lowest valuation since the start of the AI boom.