To The Moon

For me, the biggest takeaway is not the 25bp hike itself, but the “higher for longer” message. Sticky inflation and resilient growth give the Fed room to remain restrictive, so I am not expecting a quick return to easy money. I am watching this closely for growth and semiconductor stocks. Higher Treasury yields can pressure valuations, especially for high-growth names, while a stronger dollar and tighter liquidity add further pressure. However, solid economic growth could provide some support through earnings. For my portfolio, I am not trying to predict the next Fed move. I remain bullish on AI and semiconductors long term, but prefer gradual accumulation during pullbacks instead of chasing rallies. The bigger question for me is how long rates stay elevated, not just whether we get anoth

For me, this looks more like a relief rally than a signal that the Fed no longer matters. Easing Treasury yields and lower oil prices gave growth and semiconductor stocks room to recover, which helped names like $NVIDIA(NVDA)$ , $Advanced Micro Devices(AMD)$ and $Micron Technology(MU)$ bounce strongly. I am still watching the 10-year yield closely. If yields remain high, valuation pressure could return, especially for growth stocks. Strong economic data also has a double edge: it supports earnings but may give the Fed more reason to keep rates higher for longer. For my portfolio

A. Short put .

One just needs to be patient. B

3.2T and 6.4T solutions are showing up at ECOC 2026. The next AI bottleneck may be shifting from raw compute to connectivity. As AI clusters scale from thousands to hundreds of thousands of GPUs, one problem is becoming increasingly important: How do you move massive amounts of data between those GPUs fast enough — and without burning too much power? That is exactly why optical interconnects are becoming a bigger part of the AI infrastructure story. At ECOC 2026, Coherent showcased a 3.2T OSFP optical module as well as a 6.4T NPO optical engine designed for next-generation AI scale-up and scale-out networks. The direction is becoming clear: 800G → 1.6T → 3.2T And the upgrade is not just about higher headline speeds. The bigger shift is that optics are moving closer to the chip. As GPU dens

B. Why pay for overpriced stocks? What goes up will come down eventually.

B

I would wait for a resonable period of sustained outperformance to the market before looking at these high beta stocks.

A

Answee B: I prefer to wait then chase. Uncertain everywhere @MHh @Fenger1188 @SR050321 @HelenJanet

For me, the high-beta rally is interesting because it shows risk appetite is returning, but I would not read too much into one strong session. $Coinbase Global, Inc.(COIN)$ , $MicroStrategy(MSTR)$ and $Robinhood(HOOD)$ are heavily influenced by crypto sentiment, while $Advanced Micro Devices(AMD)$ , AMAT, NVDA and $Palantir Technologies Inc.(PLTR)$ give us a broader view of growth and AI appetite. I would choose B: wait for confirmation. I prefer to see the recovery spread across more sectors, with stronger volume and sustained momentum, rather than chasing a sharp one-day mo

The three US indices closed Friday almost where they started. The $Dow Jones(.DJI)$ fell 0.18 per cent to 51,682.64, down 95.40 points on the day; the $S&P 500(.SPX)$ closed 0.17 per cent higher at 7,650.50, up 12.74 points; and the $NASDAQ(.IXIC)$ Composite closed 0.39 per cent higher at 26,522.54. It was a triple-witching day, with stock options, index futures and index options all expiring together and an index rebalancing on top, so volume was always going to be heavy. The calm at index level says very little; what was actually happening was money moving between sectors. The split between the indices is par

Friday’s action tells an interesting story: the S&P 500 barely moved, yet high-beta names exploded higher. That matters because beta measures sensitivity to the broader market—but the bigger signal is where risk appetite is flowing. COIN, MSTR and HOOD rallied with Bitcoin, while semiconductors extended their rebound. This looks less like a broad market breakout and more like investors selectively moving back toward higher-risk trades. For me, the key question isn’t “Did high-beta stocks rally?” It’s whether the rally broadens. If crypto, semis, AI and smaller growth stocks participate together with improving volume, risk appetite is becoming more convincing. If only a few names keep carrying the move, it may simply be a high-beta bounce. My vote: B — wait for confirmation. One explos

With the Federal Reserve’s September rate hike now underway, there is no turning back once the arrow has left the bow. The tightening cycle is unlikely to end in the near term; it may not reverse until a major economic event emerges—such as a recession or a substantial equity-market decline. Accordingly, trading during this period should become more cautious. Should the pace of tightening accelerate, market volatility is likely to increase as well. Over the weekend, I held an in-person discussion with Tiger users in Hong Kong. Based on my U.S. dollar cycle model, this round of Fed tightening is a landmark event signaling that the dollar cycle has entered a new phase. Given widening interest-rate differentials, we may subsequently face an environment of accelerated U.S. dollar appreciation.

For my view: B. Wait for confirmation I would not chase the rally after only one strong day. Why? ₿ Bitcoin rising can quickly lift COIN, MSTR and HOOD. AMD/AMAT rising shows semiconductor recovery, but it needs to continue. High-beta stocks can rise very fast — but they can also fall very fast. One good day does not prove a new bull trend. What I want to see: High-beta stocks keep rising for several sessions. Trading volume stays strong. More sectors participate, not only crypto and semiconductors. S&P 500 and Nasdaq continue to hold their gains. Simple rule: One strong day = signal. Several strong days + broad participation = stronger confirmation. Bottom line: B — Wait, then buy selectively instead of chasing.

The S&P 500 barely moved on Friday, gaining just 0.17%, but some of the market's most volatile stocks staged a much bigger rally. Coinbase jumped nearly 12%, Strategy surged over 16%, and Robinhood climbed more than 9% as Bitcoin rebounded. Semiconductor stocks also extended their recovery, with AMD and Applied Materials moving higher. $Coinbase Global, Inc.(COIN)$ $Strategy(MSTR)$ $Robinhood(HOOD)$ $Advanced Micro Devices(AMD)$ $Applied Materials(AMAT)$ $NVIDIA(NVDA)$ $Tesla Motors(TSLA)$ <

🇸🇬 My Singapore Portfolio: Simple, Boring… and Designed for Cash Flow When I started looking at my Singapore portfolio, I realised that I did not need to own dozens of stocks. Sometimes, a simple portfolio of companies that I understand can be much easier to manage. My Singapore holdings currently include Keppel, Keppel REIT and OCBC Bank. From my screenshot, my total Singapore market value is around S$4,273, while the portfolio is showing an overall unrealised gain of about S$1,641. That is the important lesson for me: I am not only looking for stocks that can go up quickly. I also want companies that can potentially provide cash flow, dividends and long-term capital growth. 🐶 This is my “cash-boost” mindset. Instead of asking only: “How much can this stock go up?” I also ask: “Can this i

A flat tape on triple witching does not tell me much by itself. Expiry flows, dealer hedging and rebalancing can keep the headline index unusually quiet even while there is significant movement underneath. What stands out more is the divergence: semiconductors gained nearly 3%, while several megacaps weakened. That suggests money was rotating within the market rather than simply moving into or out of equities as a whole. I would therefore pay more attention to whether semiconductor strength and broader participation continue after the expiry-related flows disappear. If they do, Friday's divergence becomes more meaningful. If everything snaps back next week, much of it was probably positioning noise around triple witching.

The $HSTECH(HSTECH)$ edged higher on Monday morning (21 September), rising around 0.4% as of 9:45am SGT. Amplifying the move,  $HSTECH 7xLongSG271216(SYHW.SI)$  rose around 2%, while $HSTECH 7xShortSG270309(9B2W.SI)$ declined a similar magnitude. The index rebounded from the 4,250 level last week after successfully retesting this support zone for the second time this year. Holding above this level will be critical to sustaining further upside momentum. In the U.S., $NASDAQ 100(NDX)$ futures also traded higher after breaking above the 30,000 level, gaining approximately 0.6%. This lifted the

My view: B. Hold — wait for more data I think a 25bp hike is possible, but holding first could give the Fed more time to see whether inflation and oil prices stay high. Inflation is still too high. Oil above $100 could push inflation higher. But hiking too quickly could hurt economic growth and jobs. 50bp would be too aggressive in my view. If the Fed hikes, what gets hit hardest? AI & high-growth tech stocks Why? Higher rates make future profits worth less today. Expensive growth stocks usually feel this pressure more quickly. Simple rule: Rates up→ Treasury yields up → Growth/AI stocks down. Bottom line: Watch the 10-year Treasury yield, oil and inflation closely. These three could decide the next big market move.

The three US indices closed Friday almost where they started. The $Dow Jones(.DJI)$ fell 0.18 per cent to 51,682.64, down 95.40 points on the day; the $S&P 500(.SPX)$ closed 0.17 per cent higher at 7,650.50, up 12.74 points; and the $NASDAQ(.IXIC)$ Composite closed 0.39 per cent higher at 26,522.54. It was a triple-witching day, with stock options, index futures and index options all expiring together and an index rebalancing on top, so volume was always going to be heavy. The calm at index level says very little; what was actually happening was money moving between sectors. The split between the indices is par

With the Federal Reserve’s September rate hike now underway, there is no turning back once the arrow has left the bow. The tightening cycle is unlikely to end in the near term; it may not reverse until a major economic event emerges—such as a recession or a substantial equity-market decline. Accordingly, trading during this period should become more cautious. Should the pace of tightening accelerate, market volatility is likely to increase as well. Over the weekend, I held an in-person discussion with Tiger users in Hong Kong. Based on my U.S. dollar cycle model, this round of Fed tightening is a landmark event signaling that the dollar cycle has entered a new phase. Given widening interest-rate differentials, we may subsequently face an environment of accelerated U.S. dollar appreciation.

3.2T and 6.4T solutions are showing up at ECOC 2026. The next AI bottleneck may be shifting from raw compute to connectivity. As AI clusters scale from thousands to hundreds of thousands of GPUs, one problem is becoming increasingly important: How do you move massive amounts of data between those GPUs fast enough — and without burning too much power? That is exactly why optical interconnects are becoming a bigger part of the AI infrastructure story. At ECOC 2026, Coherent showcased a 3.2T OSFP optical module as well as a 6.4T NPO optical engine designed for next-generation AI scale-up and scale-out networks. The direction is becoming clear: 800G → 1.6T → 3.2T And the upgrade is not just about higher headline speeds. The bigger shift is that optics are moving closer to the chip. As GPU dens

The S&P 500 barely moved on Friday, gaining just 0.17%, but some of the market's most volatile stocks staged a much bigger rally. Coinbase jumped nearly 12%, Strategy surged over 16%, and Robinhood climbed more than 9% as Bitcoin rebounded. Semiconductor stocks also extended their recovery, with AMD and Applied Materials moving higher. $Coinbase Global, Inc.(COIN)$ $Strategy(MSTR)$ $Robinhood(HOOD)$ $Advanced Micro Devices(AMD)$ $Applied Materials(AMAT)$ $NVIDIA(NVDA)$ $Tesla Motors(TSLA)$ <

🇸🇬 My Singapore Portfolio: Simple, Boring… and Designed for Cash Flow When I started looking at my Singapore portfolio, I realised that I did not need to own dozens of stocks. Sometimes, a simple portfolio of companies that I understand can be much easier to manage. My Singapore holdings currently include Keppel, Keppel REIT and OCBC Bank. From my screenshot, my total Singapore market value is around S$4,273, while the portfolio is showing an overall unrealised gain of about S$1,641. That is the important lesson for me: I am not only looking for stocks that can go up quickly. I also want companies that can potentially provide cash flow, dividends and long-term capital growth. 🐶 This is my “cash-boost” mindset. Instead of asking only: “How much can this stock go up?” I also ask: “Can this i

For me, the biggest takeaway is not the 25bp hike itself, but the “higher for longer” message. Sticky inflation and resilient growth give the Fed room to remain restrictive, so I am not expecting a quick return to easy money. I am watching this closely for growth and semiconductor stocks. Higher Treasury yields can pressure valuations, especially for high-growth names, while a stronger dollar and tighter liquidity add further pressure. However, solid economic growth could provide some support through earnings. For my portfolio, I am not trying to predict the next Fed move. I remain bullish on AI and semiconductors long term, but prefer gradual accumulation during pullbacks instead of chasing rallies. The bigger question for me is how long rates stay elevated, not just whether we get anoth

For me, this looks more like a relief rally than a signal that the Fed no longer matters. Easing Treasury yields and lower oil prices gave growth and semiconductor stocks room to recover, which helped names like $NVIDIA(NVDA)$ , $Advanced Micro Devices(AMD)$ and $Micron Technology(MU)$ bounce strongly. I am still watching the 10-year yield closely. If yields remain high, valuation pressure could return, especially for growth stocks. Strong economic data also has a double edge: it supports earnings but may give the Fed more reason to keep rates higher for longer. For my portfolio

For me, the high-beta rally is interesting because it shows risk appetite is returning, but I would not read too much into one strong session. $Coinbase Global, Inc.(COIN)$ , $MicroStrategy(MSTR)$ and $Robinhood(HOOD)$ are heavily influenced by crypto sentiment, while $Advanced Micro Devices(AMD)$ , AMAT, NVDA and $Palantir Technologies Inc.(PLTR)$ give us a broader view of growth and AI appetite. I would choose B: wait for confirmation. I prefer to see the recovery spread across more sectors, with stronger volume and sustained momentum, rather than chasing a sharp one-day mo

Friday’s action tells an interesting story: the S&P 500 barely moved, yet high-beta names exploded higher. That matters because beta measures sensitivity to the broader market—but the bigger signal is where risk appetite is flowing. COIN, MSTR and HOOD rallied with Bitcoin, while semiconductors extended their rebound. This looks less like a broad market breakout and more like investors selectively moving back toward higher-risk trades. For me, the key question isn’t “Did high-beta stocks rally?” It’s whether the rally broadens. If crypto, semis, AI and smaller growth stocks participate together with improving volume, risk appetite is becoming more convincing. If only a few names keep carrying the move, it may simply be a high-beta bounce. My vote: B — wait for confirmation. One explos

A. Short put .

The $HSTECH(HSTECH)$ edged higher on Monday morning (21 September), rising around 0.4% as of 9:45am SGT. Amplifying the move,  $HSTECH 7xLongSG271216(SYHW.SI)$  rose around 2%, while $HSTECH 7xShortSG270309(9B2W.SI)$ declined a similar magnitude. The index rebounded from the 4,250 level last week after successfully retesting this support zone for the second time this year. Holding above this level will be critical to sustaining further upside momentum. In the U.S., $NASDAQ 100(NDX)$ futures also traded higher after breaking above the 30,000 level, gaining approximately 0.6%. This lifted the

For my view: B. Wait for confirmation I would not chase the rally after only one strong day. Why? ₿ Bitcoin rising can quickly lift COIN, MSTR and HOOD. AMD/AMAT rising shows semiconductor recovery, but it needs to continue. High-beta stocks can rise very fast — but they can also fall very fast. One good day does not prove a new bull trend. What I want to see: High-beta stocks keep rising for several sessions. Trading volume stays strong. More sectors participate, not only crypto and semiconductors. S&P 500 and Nasdaq continue to hold their gains. Simple rule: One strong day = signal. Several strong days + broad participation = stronger confirmation. Bottom line: B — Wait, then buy selectively instead of chasing.

One just needs to be patient. B

I would wait for a resonable period of sustained outperformance to the market before looking at these high beta stocks.

B. Why pay for overpriced stocks? What goes up will come down eventually.

Answee B: I prefer to wait then chase. Uncertain everywhere @MHh @Fenger1188 @SR050321 @HelenJanet

B

A

A flat tape on triple witching does not tell me much by itself. Expiry flows, dealer hedging and rebalancing can keep the headline index unusually quiet even while there is significant movement underneath. What stands out more is the divergence: semiconductors gained nearly 3%, while several megacaps weakened. That suggests money was rotating within the market rather than simply moving into or out of equities as a whole. I would therefore pay more attention to whether semiconductor strength and broader participation continue after the expiry-related flows disappear. If they do, Friday's divergence becomes more meaningful. If everything snaps back next week, much of it was probably positioning noise around triple witching.

🌟🌟🌟The global financial markets are currently running on a mix of high octane relief, massive macro bets and the sheer refusal to let reality ruin a good party. Following the US Federal Reserve's unanimous 25 basis point interest rate hike, Wall Street pulled off a spectacular post hike reversal.  The tech heavy Nasdaq surged and the broader markets cheered.  For a Singaporean investor looking at the Straits Times Index (STI), this macro turbulence dictates the exact temperature of our local market. Here is exactly what the market is betting on, how the global gears are grinding and what it means for fresh capital in Singapore. What is Driving the Rally? The rally was sparked by the US 10 year Treasury yields slipping back below the psychological 5% line right after the announcem