$NVIDIA Corp(NVDA)$ Drop 1.7% pre-market, what's now? Blackwell problem, supply chain breakdown? Feds not giving 50bps cut? or Growth is not 200%? What the babies need again this time? [Happy] [Happy]
🌟🌟🌟I view the forthcoming Feds Rate cut in September as a positive sign for Singaporeans. For starters, the home loan rates will start to come down and this could spur another real estate boom. Another position impact would be felt in the Singapore stock markets especially in the SReits sector. Just this week several of my stocks and SReits have hit 52 week highs. For example $STI ETF(ES3.SI)$ which tracks 30 of the best and strongest Singapore blue chips companies is up at its 52 week high. The Top 10 holdings include the 3 Singapore Big Banks DBS, OCBC and UOB as well as Singtel, Capitaland Integrated Commercial Trust, Capitaland Ascendas REIT, Singapore Exchange, Jardine