🐳 WhalePool Traders Journal
2.77K subscribers
18.8K photos
56 videos
1.09K files
89.3K links
Bad trading habits make trading like gambling. This channel is for proactive and decerning investors and traders
Download Telegram
#SgMarketUpdate
Singapore stocks fall amid tech rout; STI down 0.2% - The Business Times

Singapore stocks ended lower on Monday (Jul 20) amid a tech rout in Asian markets.

The dip coincided with the launch of Kimi 3.0, an artificial intelligence model by Chinese player Moonshot AI. Kimi 3.0 is said to be comparable to OpenAI’s GPT models and nearly as performant as Anthropic’s Fable 5, while being cheaper.

The benchmark Straits Times Index (STI) lost 0.2 per cent or 10.48 points to finish at 5,498.95.


Mapletree PanAsia Commercial Trust : N2IU +0.75% led the gainers on Singapore’s blue-chip index, rising 0.7 per cent or S$0.01 to S$1.35.

The worst performer among STI constituents was Hongkong Land : H78 -1.31%, which fell 1.3 per cent or US$0.10 to US$7.55.

The three local banks were mixed on Monday. DBS : D05 -0.08% was 0.1 per cent or S$0.06 down at S$71.90, while OCBC : O39 +0.46% ended 0.5 per cent or S$0.13 higher at S$28.69 and UOB : U11 +0.45% rose 0.4 per cent or S$0.19 to S$42.66...

Key regional indices were mixed. Hong Kong’s Hang Seng Index gained 2.4 per cent, while South Korea’s Kospi was down 4.5 per cent and the FTSE Bursa Malaysia KLCI closed 0.5 per cent lower

https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-amid-tech-rout-sti-down-0-2
AMD, Micron, SK Hynix lead chip stock recovery

What happened: Semiconductor stocks jumped on Monday in early trading, recovering from a rout that left the PHLX Semiconductor Index (^SOX) down more than 9% last week.

AI chip heavyweight Nvidia (NVDA) rose more than 2%, while AMD (AMD) jumped 4% on analyst price target calls. Broadcom (AVGO) and Intel (INTC) also gained on Monday. Marvell (MRVL) and Qualcomm (QCOM) rose as well, reversing Friday's losses.

Memory and storage leaders Micron Technology (MU) and SK Hynix (SKHY), meanwhile, jumped 5%. Highflier Sandisk (SNDK) gained more than 3%. Among the semiconductor equipment makers, ASML (ASML), Applied Materials (AMAT), and Lam Research (LRCX) edged higher.

https://finance.yahoo.com/technology/article/amd-micron-sk-hynix-lead-chip-stock-recovery-133110868.html
"Trading Game Plan,"
Gareth #Soloway provides a technical analysis of current market conditions as we head into a major earnings week

No B.S. Just Charts.

The semis look ready to bounce. In today's Game Plan, Chief Market Strategist Gareth Soloway kicks off a huge earnings week (Alphabet, IBM, Tesla, Intel) with the beaten-down semiconductors coming into support - he's nibbled longs and already booked winners. Plus the S&P's make-or-break wedge, oil's wild swings, gold and silver struggling, and Bitcoin's bullish flag.

📊 COVERED IN THIS EPISODE:
🔵 S&P 500 - Up ~0.4% after two down days; stuck in a wedge off the June 2 high. Break the upper trendline and ~7,700-8,000 opens; break the lower one and the algos likely drive a sharp drop toward ~7,000
🟢 Semiconductors (overview) - Many names into support and due for a short-term bounce (not new highs) before the downside resumes; Gareth booked a 10%+ SOXL trade pre-market
🔴 Micron (MU) - Trading ~$880; the support zone just above $800 (high pivot) with a gap fill as secondary support - an intriguing bounce level after Friday's flush
🔴 SanDisk (SNDK) - Down $1,000+ from its highs; not yet at major support - a bounce-then-curl toward ~$1,200 (low pivot/gap fill) would be a buy-interest level
🟢 Marvell (MRVL) - Bounced off major support (gap fill/high pivot) back to ~$195; Gareth sees upside to ~$220-$225
🔴 Apple (AAPL) - High-conviction short into massive trendline resistance after a $1T market-cap gain in 3 weeks; first target ~$315 (former high pivot/gap fill). The semi-Apple rotation should revert if chips bounce
🔵 US Dollar (DXY) - In a holding pattern / possible bull flag; a breakout targets ~103.40
🔵 10-Year Yield - Slightly higher, above 4.5%; a move over 4.7% would make markets skittish
🔵 Domino's (DPZ) - Gapping up on earnings; day-trade-only short interest at the ~$367-$368 gap fill
🔵 AMC - Up on earnings (a $2 stock); high-risk day-trade short at the ~$2.75 gap fill
🔴 Gold - Flat to negative, barely holding support; a break opens ~$3,900, then $3,450-$3,600
🔴 Silver - A small bounce but still making lower lows; major resistance $63-$64. Negative bias until it clears the breakout zone
🔵 Natural Gas - Flat, holding support but building a bear flag - a crack below opens another leg lower
🟢 Bitcoin (BTC) - Still looks bullish in the upper range; take out $65K and ~$67K is next, with the inverse-H&S targeting ~$71K-$72K

🔑 KEY TAKEAWAY: Gareth's positioned for a semiconductor bounce (Micron above $800, Marvell toward $220-$225, SanDisk near $1,200 on a curl) while staying high-conviction short Apple into resistance - the same yin-yang rotation he flagged Friday. The S&P's wedge is the market's tell, but the real drivers are this week's mega-cap earnings: Alphabet, IBM, Tesla, and Intel.

TIMESTAMPS (estimated)
0:00 - Intro: A New Week, Semis Look to Bounce
1:30 - S&P 500: The Wedge & Which Way It Breaks
4:00 - Oil: The Swings & the $87 Short Level
7:00 - The Week Ahead: Earnings Calendar
10:00 - Dollar, 10-Year Yield, Domino's & AMC
13:00 - Apple: The High-Conviction Short
15:00 - Marvell, Micron & SanDisk: The Bounce Zones
18:00 - Gold, Silver & Natural Gas
21:00 - Bitcoin: The Bull Flag & Inverse H&S
22:30 - Wrap-Up

https://www.youtube.com/live/6pJrOuslIMI?is=CTtYUWkDHerhg1vq