Shyon

For me, $NVIDIA(NVDA.US)$442B one-day gain is impressive, but I wouldn’t chase the move blindly. The $108B Q3 guidance and 117% data-centre growth clearly reinforce that AI demand is still very strong, while Singapore’s 6.8% manufacturing growth and 11.2% electronics growth provide an interesting real-economy confirmation. I’d rather add selectively on pullbacks than buy after such a powerful re-rating.

Tonight’s Warsh speech is the bigger near-term risk for me. With PCE still elevated and the labour market relatively firm, I want to hear whether the new Fed chair is leaning toward easier policy or keeping inflation as the priority. I’m staying constructive on AI long term, but I’d keep some cash ready and avoid overexposure until we see how markets digest Warsh’s message.

I’m voting for Up more than 7%. $NVIDIA(NVDA.US) has already gone through seven straight losing sessions, so a lot of caution and negative expectations are arguably priced in ahead of the print. With consensus still looking for around 97% YoY revenue growth and another strong quarter, I think a solid beat could trigger a powerful relief rally.

What matters most to me isn’t just whether Nvidia beats the headline numbers, but whether its forward guidance confirms that AI infrastructure spending is still accelerating. If data-center growth, Blackwell demand and margins come in stronger than expected, the market could quickly shift from “expectations are too high” back to “AI earnings are still delivering.”

I know a 7%+ move in a $5T company sounds aggressive, but Nvidia has repeatedly shown that its earnings can move the entire semiconductor and AI complex. If the numbers and guidance both surprise to the upside, I think the combination of short-covering, sidelined cash and renewed confidence in the AI trade could make a double-digit upside move very possible. My vote: Up more than 7%. 🚀

I’m leaning toward staying invested in AI rather than chasing the inflation trade. Nvidia’s $108B guide and the strong reaction in Salesforce, Okta and CrowdStrike tell me the AI story is broadening beyond chips into software and recurring revenue.

That said, I’m not ignoring inflation. With PCE still elevated and Warsh speaking Friday, I expect volatility to remain high, so I’d rather add selectively on pullbacks than chase the post-earnings rally.

For Singapore, the 2% core inflation reading is definitely worth watching, but strong exports and surging electronics demand give me some confidence. For now, I’m staying focused on AI growth while keeping some dry powder for the next Fed-driven pullback.

I’m glad to see $NVIDIA(NVDA.US) finally break its seven-day losing streak, but tonight’s earnings still feel like a major test. The market already expects near-perfection, so even strong numbers may not be enough if guidance or AI demand falls short of sky-high expectations.

I’m staying cautiously optimistic and watching the forward outlook more than the headline EPS. If Nvidia delivers another strong beat with solid guidance, I think this could be the catalyst for the broader AI trade to regain momentum.

I also think the reaction will be just as important as the numbers themselves. With AI expectations still extremely high, I’m prepared for some volatility either way, but I’d view any knee-jerk weakness with strong fundamentals as another opportunity to accumulate.

I’m not too worried about $NVIDIA(NVDA.US) Nvidia’s seven-day losing streak by itself. A pullback into earnings can actually be healthy, especially after such a strong run, because it resets positioning and lowers some of the excessive optimism. What matters to me is whether Wednesday’s results and guidance can continue to justify the market’s very high expectations for AI spending, data-center demand and Blackwell momentum. If Nvidia delivers, I think this recent weakness could quickly turn into a buying opportunity rather than the start of a broader AI unwind.

I’m holding my position rather than trying to perfectly time the earnings move. At the same time, I wouldn’t aggressively add right before the report because the combination of Nvidia earnings, memory-chip weakness, tariffs and Jackson Hole makes volatility unusually high. For me, the key is still the long-term AI demand story: if the numbers show that spending remains strong, I’m comfortable holding through the noise and potentially adding on weakness. I’d rather miss the first few percent of a rebound than bet everything on one earnings print.

I’m watching the US-Canada tariff escalation closely. A 50% tariff on another US$20B of Canadian goods, with Ottawa threatening dollar-for-dollar retaliation, could add fresh inflation and growth concerns if Tuesday’s deadline passes without a deal. For now, it still feels partly like tariff theater, but the risk of a broader trade war is becoming harder to ignore.

On the other hand, Bitcoin breaking above US$75,000 after its strongest week in years is definitely catching my attention. I’m also keeping an eye on gold, oil and AI names this week, especially with Nvidia earnings and Jackson Hole ahead. For me, the key is staying selective and managing risk rather than chasing every headline.

I think $Walmart(WMT.US)Walmart’s 9% drop is a useful warning that the US consumer is becoming more selective, rather than simply collapsing. A 2.6% comparable-sales growth rate, despite a strong earnings beat and raised guidance, suggests that spending momentum is cooling, especially when the profit beat was partly helped by a one-off tariff refund. I’m watching Costco, Home Depot and Amazon closely because weakness across these names could signal a broader normalization in consumer demand rather than an isolated Walmart issue.

For me, the bigger picture remains mixed rather than outright bearish. Long-end Treasury yields moving back up show that investors are still demanding a higher risk premium, while AI-related memory and optical names such as Micron, SK Hynix and Lumentum continue to show strong underlying demand. Alibaba is another good example: AI/cloud growth is accelerating, but heavy capex is compressing near-term profits. I’m therefore staying patient and selective, especially ahead of NVIDIA earnings and Jackson Hole, because the next catalyst could determine whether this pullback is simply a healthy correction or the start of a deeper valuation reset.

$MU 2X Long ETF(MUU.US)

My MUU position has been quite a journey. I started accumulating when the semiconductor and memory trade was under pressure, and for a while, the position was sitting firmly in the red. Then the market turned, $Micron Tech(MU.US) rallied aggressively, and MUU moved with it. My losses eventually turned into meaningful profits, proving once again why I was willing to stay patient with this trade.

But the story has changed again in the short term. After taking some profits, I continued holding and averaging into MUU, and the latest correction has pushed my position back into a minor loss. Honestly, I am not too concerned. I see this as another phase of volatility rather than a deterioration in the fundamental story.

What keeps me patient is the underlying strength of Micron. The company is no longer simply a traditional memory-cycle story. AI is fundamentally changing the amount and quality of memory required per accelerator and data center.

The HBM story is particularly important. Micron has previously indicated that its entire 2026 HBM production is sold out. At the same time, industry data continues to point toward strong AI-driven DRAM demand, with Micron maintaining a significant position in the global memory market.

That is why I am not treating this correction as a reason to abandon the position. The stock can absolutely fall further, and MUU carries considerably more risk than owning MU directly because of its 2x daily leverage. But if Micron's earnings growth, HBM demand, memory pricing and AI infrastructure spending remain strong, the fundamental backdrop can continue supporting another major move higher.

After experiencing MUU go from losses to profits and now back to a relatively small loss, I remain patient. I am watching the fundamentals more closely than the daily price action. If this correction is indeed approaching its final stages, I believe another memory and AI-driven rally could eventually put MUU back on the offensive.

I’d be very cautious chasing Moderna after a 177% one-day surge. The Phase 3 result is genuinely significant and could reshape the long-term cancer treatment market, but the stock has already priced in a huge amount of optimism. I’d rather wait for the initial excitement to cool and see how the commercial opportunity develops.

What interests me more is the semiconductor split. I’m still constructive on memory names like MU and SNDK given the tight AI-memory supply, but the weakness in WDC, COHR and NBIS shows how quickly funding, valuation and profit-taking can change sentiment. For me, this is a market where fundamentals matter more than simply chasing the biggest one-day winner.

I see this semiconductor selloff as a healthy reset, not the end of the AI cycle. Higher Treasury yields are pressuring high-growth and capital-intensive names like $Micron Tech(MU.US), $Sandisk(SNDK.US), $Coreweave(CRWV.US) and $Nebius(NBIS.US), but AI infrastructure and memory demand remain strong.

I’m using the pullback to selectively add rather than panic sell. Memory and semiconductor names remain attractive to me for the long-term AI demand story, although I’m keeping some cash ready in case rates trigger more volatility.

I’ll be watching the Fed minutes closely tonight. If the tone turns less hawkish, this correction could reverse quickly. For me, pullbacks are opportunities to accumulate quality AI exposure, not reasons to abandon the thesis. 📈

I think the memory rally is more than just a one-day headline trade. Musk calling memory the binding constraint for AI reinforces what we’re already seeing: AI infrastructure demand is increasingly running into tight memory and storage supply. That’s why I remain bullish on $Micron Tech(MU.US), $Sandisk(SNDK.US) and $Western Digital(WDC.US), even with the broader market under pressure.

Druckenmiller exiting Micron right before this move is definitely ironic, but I wouldn’t use one fund’s timing as a reason to change my thesis. Markets can move very differently from institutional positioning in the short term, and the stronger signal to me is still the supply-demand imbalance in memory. If demand continues outpacing supply, these companies could still have room to make new highs.

I’m also watching Hong Kong and Singapore closely because the divergence from Wall Street is interesting. With FOMC minutes, Walmart earnings and Jackson Hole ahead, volatility could stay elevated. For me, the strategy remains simple: stay selective, keep accumulating quality AI beneficiaries on pullbacks, and let the long-term semiconductor cycle play out. 🚀