Max Koh

Today, I added JPMorgan Chase & Co. to my portfolio because its forward P/E ratio of around 13.6x appears attractive relative to its earnings strength and long-term positioning (Yahoo Finance).

Banks are cyclical and closely tied to economic growth and interest rates, but with rates likely staying stable under Fed chair Kevin Warsh, the firm can continue to benefit from resilient net interest income, disciplined risk management, and strong profitability across economic cycles. Its recent earnings in April 2026 also beat expectations by 7.78%.

With Nvidia’s Q1 earnings approaching, the markets are once again questioning whether the trillion-dollar AI rally will continue. Nvidia’s financial results is likely to influence investor sentiment across the entire AI ecosystem, including companies like Alphabet that are aggressively investing in AI infrastructure and cloud capabilities.

Yet, I decided to invest in Alphabet because its long-term strength extends beyond AI hype alone. Its core businesses (Search, YouTube, Cloud, and advertising) continue to generate enormous cash flows, and Google remains Alphabet’s largest competitive advantage as a global digital platform.

As of 14 May 2026, Nvidia has surpassed silver in market value to become the world’s second-largest asset by market value, at around $5.5T. This reflects how strongly the market believes that AI will shape the future economy. If AI adoption and earnings growth continue increasing, Nvidia hitting $250-$300 this year may no longer seem impossible. Let’s see how this goes!

LongBridge’s daily report indicated that my portfolio had a high beta and recommended adding defensive stocks.

Hence, I added XLP, a consumer staples ETF, to reduce the portfolio’s overall systematic risk and volatility, while improving resilience during periods of market uncertainty and economic downturns.

I personally find the daily reports quite useful, and I recommend all of you to read them!

Pre-Market on 8 May 2026 (Friday): One week before Fed chair’s change. Let’s see how this momentum keeps up. What are some of your thoughts?

managed to catch a rally since end march! hopefully this bullish wave continues. snp500 breaking all time highs, nvda breaking 5 trillion market cap, apple doing well for the recent quarter.