Asian stocks slip after AI valuation fears spark Wall Street chip selloff
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-stocks-slip-after-ai-valuation-fears-spark-wall-street-chip-selloff
https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-stocks-slip-after-ai-valuation-fears-spark-wall-street-chip-selloff
The Business Times
Asian stocks slip after AI valuation fears spark Wall Street chip selloff
The MSCI Asia Pacific Index slides 0.3%, with declines in Japan and Australia Read more at The Business Times.
Forwarded from TradeWithSonic
$400 billion has been wiped out from the Japanese stock market today.
This comes as Finance Minister Katayama says Japan is "ready to act on currency moves wherever necessary."
USD/JPY is trading at 162, despite multiple rounds of intervention already this year.
In April, Japan sold an estimated $70 billion worth of dollars when the pair first crossed 160. It worked for a few days. Then the yen resumed weakening anyway.
Intervention itself is now adding to the volatility, not fixing it.
Every time Tokyo hints at stepping in, traders who are heavily short the yen scramble to cover, causing sharp, violent swings in both directions.
When no actual intervention follows, the yen snaps back to its downtrend even harder, since the market now treats the threat as empty.
Each cycle of threat-and-no-action makes the next selloff more volatile, not less.
This connects to a bigger problem we've flagged before.
Japan's public debt sits near 230% of GDP, the highest of any developed economy.
Defending the yen and adjusting to higher domestic bond yields has already pushed Japan to reduce its US Treasury holdings, one of the largest sources of foreign demand for US debt.
If Japan keeps pulling back while intervention keeps failing to hold the yen, the pressure doesn't stay contained to Tokyo.
It shows up in US Treasury yields next.
Crd Internet
This comes as Finance Minister Katayama says Japan is "ready to act on currency moves wherever necessary."
USD/JPY is trading at 162, despite multiple rounds of intervention already this year.
In April, Japan sold an estimated $70 billion worth of dollars when the pair first crossed 160. It worked for a few days. Then the yen resumed weakening anyway.
Intervention itself is now adding to the volatility, not fixing it.
Every time Tokyo hints at stepping in, traders who are heavily short the yen scramble to cover, causing sharp, violent swings in both directions.
When no actual intervention follows, the yen snaps back to its downtrend even harder, since the market now treats the threat as empty.
Each cycle of threat-and-no-action makes the next selloff more volatile, not less.
This connects to a bigger problem we've flagged before.
Japan's public debt sits near 230% of GDP, the highest of any developed economy.
Defending the yen and adjusting to higher domestic bond yields has already pushed Japan to reduce its US Treasury holdings, one of the largest sources of foreign demand for US debt.
If Japan keeps pulling back while intervention keeps failing to hold the yen, the pressure doesn't stay contained to Tokyo.
It shows up in US Treasury yields next.
Crd Internet
<Full-day Takeaway>HSI Down 446 pts; HSTI Down 211 pts; TENCENT Down over 4%; MEITUAN Down over 4%; BABA Down over 3%; ABLE DIGITAL Hit New Highs; Market Turnover Rises
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1533855/top-news/AAFN
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1533855/top-news/AAFN
#HKMarketUpdate
Hong Kong Stocks Drop Amid Broad Asia Selloff — Market Talk
Jul 17, 2026, 17:22 GMT+8
https://www.tradingview.com/news/DJN_DN20260717002342:0/
Hong Kong Stocks Drop Amid Broad Asia Selloff — Market Talk
Jul 17, 2026, 17:22 GMT+8
https://www.tradingview.com/news/DJN_DN20260717002342:0/
TradingView
News by Dow Jones Newswires on TradingView, 2026-07-17
#HKMarketUpdate
<H Shrs>HSI Slumps 446 pts for Day as SMIC Dives 10%; Z.AI Crashes 28%+; TENCENT and MEITUAN-W Sag 4%+
The HSI closed at 24,562, down 446 pts or 1.78%, with main board turnover reaching HKD347.325 billion. The HSCEI closed at 8,136, down 181 pts or 2.18%, while the HSTECH closed at 4,623, down 211 pts or 4.37%.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1533865/top-news/AAFN
<H Shrs>HSI Slumps 446 pts for Day as SMIC Dives 10%; Z.AI Crashes 28%+; TENCENT and MEITUAN-W Sag 4%+
The HSI closed at 24,562, down 446 pts or 1.78%, with main board turnover reaching HKD347.325 billion. The HSCEI closed at 8,136, down 181 pts or 2.18%, while the HSTECH closed at 4,623, down 211 pts or 4.37%.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1533865/top-news/AAFN
#SgMarketUpdate
Singapore stocks fall on Friday as local banks take a hit; STI down 0.5%
Jul 17, 2026 · 06:10 PM
Singapore stocks ended lower on Friday (Jul 17), amid the city-state’s three banks experiencing declines in the day’s session.
The benchmark Straits Times Index (STI) lost 0.5 per cent or 29.95 points to finish at 5,509.43. Across the broader market, losers outnumbered gainers 365 to 226, after 1.2 billion securities worth S$2.1 billion changed hands.
UOB : U11 +0.45% led the losses among the local banks, and was down by as much as 3.8 per cent in intraday trading. The counter closed 2.4 per cent or S$1.03 lower at S$42.47.
DBS : D05 -0.08% lost 0.7 per cent or S$0.52 to S$71.96, while OCBC : O39 +0.46% shares fell 0.8 per cent or S$0.22 to S$28.56
Thai Beverage : Y92 -1.1% led the gainers on Singapore’s blue-chip index, rising 3.4 per cent or S$0.015 to end at S$0.455.
The worst performer among STI constituents was ST Engineering : S63 -0.38%, which lost 2.5 per cent or S$0.27 to close at S$10.43...
Key regional indices were mixed. Hong Kong’s Hang Seng Index lost 1.8 per cent, Japan’s Nikkei 225 index fell 4 per cent and the FTSE Bursa Malaysia KLCI was up 0.5 per cent...
https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-friday-local-banks-take-hit-sti-down-0-5
Singapore stocks fall on Friday as local banks take a hit; STI down 0.5%
Jul 17, 2026 · 06:10 PM
Singapore stocks ended lower on Friday (Jul 17), amid the city-state’s three banks experiencing declines in the day’s session.
The benchmark Straits Times Index (STI) lost 0.5 per cent or 29.95 points to finish at 5,509.43. Across the broader market, losers outnumbered gainers 365 to 226, after 1.2 billion securities worth S$2.1 billion changed hands.
UOB : U11 +0.45% led the losses among the local banks, and was down by as much as 3.8 per cent in intraday trading. The counter closed 2.4 per cent or S$1.03 lower at S$42.47.
DBS : D05 -0.08% lost 0.7 per cent or S$0.52 to S$71.96, while OCBC : O39 +0.46% shares fell 0.8 per cent or S$0.22 to S$28.56
Thai Beverage : Y92 -1.1% led the gainers on Singapore’s blue-chip index, rising 3.4 per cent or S$0.015 to end at S$0.455.
The worst performer among STI constituents was ST Engineering : S63 -0.38%, which lost 2.5 per cent or S$0.27 to close at S$10.43...
Key regional indices were mixed. Hong Kong’s Hang Seng Index lost 1.8 per cent, Japan’s Nikkei 225 index fell 4 per cent and the FTSE Bursa Malaysia KLCI was up 0.5 per cent...
https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-friday-local-banks-take-hit-sti-down-0-5
The Business Times
Singapore stocks fall on Friday as local banks take a hit; STI down 0.5%
Across the broader market, losers outnumber gainers 365 to 226, after 1.2 billion securities worth S$2.1 billion change hands Read more at The Business Times.
A checklist for managing ageing parents’ finances
https://www.businesstimes.com.sg/wealth/wealth-investing/checklist-managing-ageing-parents-finances
https://www.businesstimes.com.sg/wealth/wealth-investing/checklist-managing-ageing-parents-finances
The Business Times
A checklist for managing ageing parents’ finances
Common estate planning tools include a will, CPF nomination, LPA and an Advance Care Plan Read more at The Business Times.
Stocks making the biggest moves premarket: Netflix, SpaceX, Alphabet and more
https://www.cnbc.com/2026/07/17/stocks-making-the-biggest-moves-premarket-nflx-spcx-googl-and-more.html?__source=androidappshare
https://www.cnbc.com/2026/07/17/stocks-making-the-biggest-moves-premarket-nflx-spcx-googl-and-more.html?__source=androidappshare
CNBC
Stocks making the biggest moves premarket: Netflix, SpaceX, Alphabet and more
These are the stocks posting the largest moves premarket.
The $3.3 trillion chip sell-off is nearing a bear market: #Chart of the Day
https://finance.yahoo.com/markets/article/the-33-trillion-chip-sell-off-is-nearing-a-bear-market-chart-of-the-day-100000286.html
https://finance.yahoo.com/markets/article/the-33-trillion-chip-sell-off-is-nearing-a-bear-market-chart-of-the-day-100000286.html
Yahoo Finance
The $3.4 trillion chip sell-off is nearing a bear market: Chart of the Day
The PHLX Semiconductor Index has fallen nearly 20% from its June high.
The weight-loss drugs boom is creating both winners and wipeouts: One Big Investment Idea
https://finance.yahoo.com/markets/article/the-weight-loss-drugs-boom-is-creating-both-winners-and-wipeouts-one-big-investment-idea-103918718.html
https://finance.yahoo.com/markets/article/the-weight-loss-drugs-boom-is-creating-both-winners-and-wipeouts-one-big-investment-idea-103918718.html
Yahoo Finance
The weight-loss drugs boom is creating both winners and wipeouts: One Big Investment Idea
The weight-loss boom has created one of the market's biggest opportunities — and some of its most punishing failures.
Netflix stock tanks after Q3 revenue falls short, co-CEO says not all views are 'created equal'
https://finance.yahoo.com/markets/stocks/article/netflix-stock-tanks-after-q3-revenue-falls-short-co-ceo-says-not-all-views-are-created-equal-201022485.html
https://finance.yahoo.com/markets/stocks/article/netflix-stock-tanks-after-q3-revenue-falls-short-co-ceo-says-not-all-views-are-created-equal-201022485.html
Yahoo Finance
Netflix stock tanks after Q3 revenue falls short, co-CEO says not all views are 'created equal'
Netflix missed on revenue but beat estimates on earnings per share in the second quarter.
Netflix earnings, Trump's approval rating and more: Morning Squawk
https://www.cnbc.com/2026/07/17/5-things-to-know-before-the-stock-market-opens.html?__source=androidappshare
https://www.cnbc.com/2026/07/17/5-things-to-know-before-the-stock-market-opens.html?__source=androidappshare
CNBC
Chip stock sell-off, Netflix earnings, Trump's approval rating and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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#USMarketUpdate
S&P 500 closes lower, Nasdaq falls more than 1% as chip stocks suffer: Live updates
Stocks fell again on Friday, with Wall Street posting a weekly decline, as traders weighed the latest moves in semiconductor names along with recent quarterly reports.
The broad market index lost 1.01% to end at 7,457.69, while the Nasdaq Composite dropped 1.4% to 25,520.24 as tech stocks came under scrutiny. The Dow Jones Industrial Average fell 406.55 points, or 0.77%, to close at 52,146.42.
The major stock benchmarks notched weekly losses, with the S&P 500 off 1.6%, while the Nasdaq slid 2.9%. The Dow fell 0.9% on the week.
The VanEck Semiconductor ETF (SMH) posted its third weekly decline in four weeks, dropping almost 9% in the period. Semiconductors were hit especially hard earlier in the session after Chinese startup Moonshot AI unveiled a new model that it said narrows the gap with the top offerings in the U.S.
https://www.cnbc.com/2026/07/16/stock-market-today-live-updates.html?__source=androidappshare
S&P 500 closes lower, Nasdaq falls more than 1% as chip stocks suffer: Live updates
Stocks fell again on Friday, with Wall Street posting a weekly decline, as traders weighed the latest moves in semiconductor names along with recent quarterly reports.
The broad market index lost 1.01% to end at 7,457.69, while the Nasdaq Composite dropped 1.4% to 25,520.24 as tech stocks came under scrutiny. The Dow Jones Industrial Average fell 406.55 points, or 0.77%, to close at 52,146.42.
The major stock benchmarks notched weekly losses, with the S&P 500 off 1.6%, while the Nasdaq slid 2.9%. The Dow fell 0.9% on the week.
The VanEck Semiconductor ETF (SMH) posted its third weekly decline in four weeks, dropping almost 9% in the period. Semiconductors were hit especially hard earlier in the session after Chinese startup Moonshot AI unveiled a new model that it said narrows the gap with the top offerings in the U.S.
https://www.cnbc.com/2026/07/16/stock-market-today-live-updates.html?__source=androidappshare
CNBC
Stock futures are little changed as major averages head for losing week; Netflix tumbles after earnings: Live updates
The moves come after a decline in chipmakers dragged the broader market lower.
No B.S. Just Charts.
Crash alert - and the first real buy levels. In today's Game Plan, Chief Market Strategist Gareth #Soloway breaks down the semiconductor collapse he's been warning about for months - now near major swing-buy levels on Micron, SanDisk, and Marvell. He's covered most of his shorts and is starting to nibble longs. Plus the Nasdaq's line in the sand at 25,000, Netflix and Oracle after earnings, and gold and silver nearing support.
📊 COVERED IN THIS EPISODE:
🔴 Semiconductors (overview) - The collapse Gareth warned about has arrived; he expects an eventual ~70-75% drawdown, but big 20-25% bounces come first - and he's scoping buy levels now
🔵 S&P 500 - Down ~1%, testing the 2021 bull-market trendline; the more it's hit the weaker it gets. A break below would be a failed breakout - a bad sign for the broader market
🔴 Nasdaq 100 - Down ~2% (~585 pts), dragged by the semis; the line in the sand is 25,000 (a major pivot). Break it and 24,000 is next
🔴 Micron (MU) - A huge support zone from ~$815 down to the ~$750 gap fill; Gareth got out of his short and may start nibbling a long below $800
🔴 SanDisk (SNDK) - Down $1,000+ from its highs; major support ~$1,285 down to ~$1,200 (the textbook broke-retraced-now-lower play)
🔴 Marvell (MRVL) - A 40%+ drop into good support - one of his favorites for a bounce
🔴 Netflix (NFLX) - Blew through $68.70 on weak earnings; next level ~$64 for a possible day-trade bounce
🔵 Oracle (ORCL) - Support ~$120 (two trendlines); Gareth likes it as the inverse of the memory names - extreme fear vs. earlier extreme greed
🔴 SpaceX - Nasty drop after a scrubbed launch; Gareth stays on the sidelines unless it hits the $100 psychological level
🔵 Intuitive Surgical (ISRG) - Down on guidance; no interest unless the ~$330 gap fill
🔵 Alcoa (AA) - A bear-flag break lower; possible swing-trade support ~$41 as the metals near support
🔴 Gold - Hammered (low ~$3,959) as the dollar bounces; support just below $3,900 where Gareth starts nibbling longer-term
🔴 Silver - Within $0.77 of his $54 target; he'll accumulate $54 down to $46. The first bearish retail comments are appearing - an early psychological tell
🟢 Crude Oil - Upticking on Middle East degradation; $87 is his short level (the buy call worked), expecting a pullback toward $70 or sub-$70
🔵 Natural Gas - A tiny bid, but forming a bear flag; needs to lift off the mat soon or he'd favor a breakdown by mid next week
🔵 Bitcoin (BTC) - Slipped back below the inverse-H&S neckline (never confirmed above); still a top performer since early July - watch if a Nasdaq bounce lifts it
🔑 KEY TAKEAWAY: The semiconductor crash Gareth called is here, and he's flipped from short to scoping longs - Micron (below $800), SanDisk ($1,285-$1,200), and Marvell into support for 20-25% bounces, even though he sees an eventual ~70-75% cycle drawdown. The Nasdaq's 25,000 is the line in the sand, and the psychological tells (bearish silver comments, crushed hype names) are exactly what he watches to time the turns.
⏱ TIMESTAMPS (estimated)
0:00 - Intro: The Semi Collapse & Scoping Buy Levels
1:30 - S&P 500: The Failed-Breakout Risk
3:00 - Nasdaq: The 25,000 Line in the Sand
5:00 - Netflix: Blew Through Support on Earnings
7:00 - Intuitive Surgical, Alcoa & SpaceX
9:30 - Oracle: Extreme Fear as the Inverse Trade
11:00 - Micron, SanDisk & Marvell: The Buy Zones
14:00 - Gold & Silver: Nearing Support & the Psychology
17:00 - Oil, Natural Gas & Bitcoin
19:30 - Wrap-Up
#MyTradingGamePlan #VerifiedInvesting #GarethSoloway #StockMarket #TechnicalAnalysis #Semiconductors #Micron #SanDisk #Marvell #Netflix #Oracle #Gold #Silver #Bitcoin #StockMarket2026
https://www.youtube.com/live/ohUEVe7tW6w?is=2bxOxXTquW_etjxC
Crash alert - and the first real buy levels. In today's Game Plan, Chief Market Strategist Gareth #Soloway breaks down the semiconductor collapse he's been warning about for months - now near major swing-buy levels on Micron, SanDisk, and Marvell. He's covered most of his shorts and is starting to nibble longs. Plus the Nasdaq's line in the sand at 25,000, Netflix and Oracle after earnings, and gold and silver nearing support.
📊 COVERED IN THIS EPISODE:
🔴 Semiconductors (overview) - The collapse Gareth warned about has arrived; he expects an eventual ~70-75% drawdown, but big 20-25% bounces come first - and he's scoping buy levels now
🔵 S&P 500 - Down ~1%, testing the 2021 bull-market trendline; the more it's hit the weaker it gets. A break below would be a failed breakout - a bad sign for the broader market
🔴 Nasdaq 100 - Down ~2% (~585 pts), dragged by the semis; the line in the sand is 25,000 (a major pivot). Break it and 24,000 is next
🔴 Micron (MU) - A huge support zone from ~$815 down to the ~$750 gap fill; Gareth got out of his short and may start nibbling a long below $800
🔴 SanDisk (SNDK) - Down $1,000+ from its highs; major support ~$1,285 down to ~$1,200 (the textbook broke-retraced-now-lower play)
🔴 Marvell (MRVL) - A 40%+ drop into good support - one of his favorites for a bounce
🔴 Netflix (NFLX) - Blew through $68.70 on weak earnings; next level ~$64 for a possible day-trade bounce
🔵 Oracle (ORCL) - Support ~$120 (two trendlines); Gareth likes it as the inverse of the memory names - extreme fear vs. earlier extreme greed
🔴 SpaceX - Nasty drop after a scrubbed launch; Gareth stays on the sidelines unless it hits the $100 psychological level
🔵 Intuitive Surgical (ISRG) - Down on guidance; no interest unless the ~$330 gap fill
🔵 Alcoa (AA) - A bear-flag break lower; possible swing-trade support ~$41 as the metals near support
🔴 Gold - Hammered (low ~$3,959) as the dollar bounces; support just below $3,900 where Gareth starts nibbling longer-term
🔴 Silver - Within $0.77 of his $54 target; he'll accumulate $54 down to $46. The first bearish retail comments are appearing - an early psychological tell
🟢 Crude Oil - Upticking on Middle East degradation; $87 is his short level (the buy call worked), expecting a pullback toward $70 or sub-$70
🔵 Natural Gas - A tiny bid, but forming a bear flag; needs to lift off the mat soon or he'd favor a breakdown by mid next week
🔵 Bitcoin (BTC) - Slipped back below the inverse-H&S neckline (never confirmed above); still a top performer since early July - watch if a Nasdaq bounce lifts it
🔑 KEY TAKEAWAY: The semiconductor crash Gareth called is here, and he's flipped from short to scoping longs - Micron (below $800), SanDisk ($1,285-$1,200), and Marvell into support for 20-25% bounces, even though he sees an eventual ~70-75% cycle drawdown. The Nasdaq's 25,000 is the line in the sand, and the psychological tells (bearish silver comments, crushed hype names) are exactly what he watches to time the turns.
⏱ TIMESTAMPS (estimated)
0:00 - Intro: The Semi Collapse & Scoping Buy Levels
1:30 - S&P 500: The Failed-Breakout Risk
3:00 - Nasdaq: The 25,000 Line in the Sand
5:00 - Netflix: Blew Through Support on Earnings
7:00 - Intuitive Surgical, Alcoa & SpaceX
9:30 - Oracle: Extreme Fear as the Inverse Trade
11:00 - Micron, SanDisk & Marvell: The Buy Zones
14:00 - Gold & Silver: Nearing Support & the Psychology
17:00 - Oil, Natural Gas & Bitcoin
19:30 - Wrap-Up
#MyTradingGamePlan #VerifiedInvesting #GarethSoloway #StockMarket #TechnicalAnalysis #Semiconductors #Micron #SanDisk #Marvell #Netflix #Oracle #Gold #Silver #Bitcoin #StockMarket2026
https://www.youtube.com/live/ohUEVe7tW6w?is=2bxOxXTquW_etjxC
YouTube
Crash Alert: Semiconductors Near MAJOR Buys After Collapse, Silver & Gold Support, Top Trades
🔗 Trade alongside the Verified Pro Traders in the Apex Live Day Trading Room: https://verifiedinvesting.com/products/apex-live-day-trading-room
🔒 SAFETY NOTICE: Gareth Soloway and the Verified Investing team will NEVER reach out to you on Telegram, WhatsApp…
🔒 SAFETY NOTICE: Gareth Soloway and the Verified Investing team will NEVER reach out to you on Telegram, WhatsApp…
Stocks fall as chip stocks bounce off lows
https://finance.yahoo.com/markets/live/stock-market-today-friday-july-17-dow-sp-500-nasdaq-092345307.html
https://finance.yahoo.com/markets/live/stock-market-today-friday-july-17-dow-sp-500-nasdaq-092345307.html
Yahoo Finance
Stock market today: Dow, S&P 500, Nasdaq post weekly losses as semiconductors get smoked
US stocks posted weekly losses as the semiconductor sector continued to drag markets lower.
SpaceX stock closes at all-time low after test flight scrubbed
https://finance.yahoo.com/markets/stocks/article/spacex-stock-closes-at-lows-after-first-test-flight-since-ipo-scrubbed-140052308.html
https://finance.yahoo.com/markets/stocks/article/spacex-stock-closes-at-lows-after-first-test-flight-since-ipo-scrubbed-140052308.html
Yahoo Finance
SpaceX stock closes at lows after first test flight since IPO scrubbed
SpaceX stock continues to dominate headlines following scrapped plans for a Starship test flight. Thursday night's stoppage comes as SpaceX shares plumb new lows.
US dollar set for a strong second half of the year, Bank of America says
https://finance.yahoo.com/markets/article/us-dollar-set-for-a-strong-second-half-of-the-year-bank-of-america-says-154650544.html
https://finance.yahoo.com/markets/article/us-dollar-set-for-a-strong-second-half-of-the-year-bank-of-america-says-154650544.html
Yahoo Finance
US dollar set for a strong second half of the year, Bank of America says
Geopolitical tensions, the AI boom, and higher-for-longer interest rates should set the US dollar up for a strong second half of 2026, Bank of America says.
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'It's in no man's land': What Wall Street is saying about Netflix's big miss
https://finance.yahoo.com/markets/article/its-in-no-mans-land-what-wall-street-is-saying-about-netflixs-big-miss-154355150.html
https://finance.yahoo.com/markets/article/its-in-no-mans-land-what-wall-street-is-saying-about-netflixs-big-miss-154355150.html
Yahoo Finance
'It's in no man's land': What Wall Street is saying about Netflix's big miss
In Netflix, Wall Street sees a stock that's lost its momentum.
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Bull market remains historically strong despite recent tech stock pain: #Chart of the day
https://finance.yahoo.com/markets/article/bull-market-remains-historically-strong-despite-recent-tech-stock-pain-chart-152657879.html
https://finance.yahoo.com/markets/article/bull-market-remains-historically-strong-despite-recent-tech-stock-pain-chart-152657879.html
Yahoo Finance
Bull market remains historically strong despite recent tech stock pain: Chart
The bull market is still alive.
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