Stock Trading and Analysis

🔔 Analyst Rating Changes ⬆️ Merck (MRK) — Daiwa Capital: Neutral → Outperform [Up, 12 Aug] ⬆️ Intuitive Surgical (ISRG) — Oppenheimer: Perform → Outperform [Up, 12 Aug] ↔️ Marriott (MAR) — CICC: Outperform [Init, 12 Aug]

🌍 Global Market Wrap — 2026-08-13 09:39 SGT =================================== S&P 500: 7748.49 (+0.26%) ↑ Dow Jones: 53775.39 (-0.04%) ↓ Nasdaq: 26588.49 (+0.54%) ↑ Nasdaq 100: 29742.60 (+0.74%) ↑ Euro Stoxx 50: 6534.00 (-0.26%) ↓ Nikkei 225: 68408.44 (+1.31%) ↑ Hang Seng: 25429.87 (-0.04%) ↓ Straits Times: 5687.58 (-0.58%) ↓ S&P/ASX 200: 9146.50 (-0.68%) ↓ CSI 300 (China): 4690.92 (+0.58%) ↑ Crude Oil Futures: 82.30 (-1.16%) ↓ Gold Futures: 4478.30 (+0.24%) ↑ US Dollar Index: 99.94 (-0.05%) ↓ 📰 Global Market Headlines • South Korea stocks have entered bull market in about a month as AI trade roars back • Goldman says Japan's $1 trillion of reserves leaves 'plenty of capacity' for further yen interventions • Cerebras stock plunges 14% after second earnings report following IPO • Inside India newsletter: Why global funds are flocking to GIFT City in Modi’s home state • Japan wholesale inflation eases slightly to 7.2%, undershooting expectations • Oil prices rise, stocks mixed ahead of crucial US inflation data • Southeast Asia remains 'a clear priority' despite concerns over Trump tariffs: US envoy to ASEAN • Are Wall Street Analysts Predicting Fastenal Stock Will Climb or Sink? • Hedge Funds are Bullish on AstraZeneca PLC (AZN) • Trump says 401(k)s are up ‘double and triple’ as America enters golden age — are you all set to get rich?

Interesting piece of data In the past 4 year presidential cycles, we are entering into its most seasonally bullish phase (Q4 Y3 - Q2 Y4). With Q1 Y4 alone averaging +7.4% with a 95% positvity rate.

🌍 Global Market Wrap — 2026-08-12 09:10 SGT =================================== S&P 500: 7728.21 (-0.32%) ↓ Dow Jones: 53797.39 (-0.34%) ↓ Nasdaq: 26445.45 (-0.60%) ↓ Nasdaq 100: 29525.48 (-0.33%) ↓ Euro Stoxx 50: 6551.23 (+0.24%) ↑ Nikkei 225: 66919.28 (-0.08%) ↓ Hang Seng: 25652.82 (-1.10%) ↓ Straits Times: 5742.13 (-0.21%) ↓ S&P/ASX 200: 9213.20 (-0.40%) ↓ CSI 300 (China): 4663.79 (-0.81%) ↓ Crude Oil Futures: 83.78 (+0.70%) ↑ Gold Futures: 4439.70 (-0.03%) ↓ US Dollar Index: 99.85 (+0.04%) ↑ 📰 Global Market Headlines • CoreWeave stock pops 14% as revenue doubles on accelerating AI infrastructure demand • U.S. oil rises above $83 a barrel as Iran says Strait of Hormuz won't open until conditions are met • Pakistan signals progress on U.S.-Iran deal as Washington and Tehran trade reparation demands • An inflation report Wednesday should be a big deal for the Fed. Here's what to expect • Oil prices rise, Asia stocks drift amid US-Iran stalemate • Bitcoin and ethereum prices today, Monday, August 10, 2026: BTC breaking past $65,000 yet again • Daily Spotlight: Sovereign Debt Yields

🔔 Analyst Rating Changes ⬇️ Apple (AAPL) — Jefferies: Hold → Underperform [Down, 10 Aug] ⬇️ AppLovin (APP) — B of A Securities: Buy → Neutral [Down, 11 Aug] ↔️ Autodesk (ADSK) — Goldman Sachs: Sell → Neutral [Init, 11 Aug]

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🌍 Global Market Wrap — 2026-08-11 09:59 SGT =================================== S&P 500: 7753.12 (-0.06%) ↓ Dow Jones: 53981.41 (-0.11%) ↓ Nasdaq: 26605.36 (-0.32%) ↓ Nasdaq 100: 29621.80 (-0.34%) ↓ Euro Stoxx 50: 6535.63 (+0.18%) ↑ Nikkei 225: 66970.00 (+2.08%) ↑ Hang Seng: 25976.91 (+0.15%) ↑ Straits Times: 5762.28 (+1.12%) ↑ S&P/ASX 200: 9257.20 (+0.27%) ↑ CSI 300 (China): 4693.65 (-0.18%) ↓ Crude Oil Futures: 82.46 (+0.40%) ↑ Gold Futures: 4486.20 (+1.50%) ↑ US Dollar Index: 99.77 (-0.04%) ↓ 📰 Global Market Headlines • Nvidia lines up $500 billion in financing as CEO Jensen Huang tells CNBC his chips are ‘investable asset’ • Trump says he spoke recently to Fed Chairman Warsh, denies regular calls • Trump signals shift to economic pressure as Iran hardens stance over Strait of Hormuz • Trump Media posts $238 million second-quarter loss as crypto declines • Indonesian president nominates acting head to lead central bank • Wide-Moat Stocks Are the Sedative Your Tech-Dominated Portfolio Desperately Needs • Advanced Micro Devices Dips on Lower FCF, But Short Put Plays Attract Value Investors

💬 Happy National Day to our community of investors! Just as a nation builds its strength through vision, discipline, and long-term planning, building wealth requires the exact same foundation. On this day of celebration, we reflect on the concept of financial freedom, which is the ultimate personal independence. Thank you for being part of our trading and investing journey as we navigate the markets together. Here is to smart decisions, steady compounding, and a prosperous future for your portfolio. Enjoy the holiday, stay disciplined, and let us keep building wealth together!

📈 Applovin Corporation (APP) 335.67 (-19.66%) ↓ 📰 Headlines • Applovin Corp Stock (APP) Moved Down by 19.24% on Aug 6: A Full Analysis 📅 Next earnings: 04 Nov 2026, EPS est. 4.05 Recent surprises Aug 2026: ✅ Beat (+0.4%) — Act 3.76 vs Est 3.74 May 2026: ✅ Beat (+3.4%) — Act 3.56 vs Est 3.44 Feb 2026: ✅ Beat (+10.1%) — Act 3.24 vs Est 2.94 📚 Numbers Analysis 📱 Applovin (APP) saw its stock tumble following its August 2026 earnings release, despite delivering solid financial results that slightly beat expectations with an EPS of 3.76. 💼 Operating as a fast grower in the ad-tech space, the company generated $1.84B in revenue and converted almost all of its $1.21B net income into an impressive $1.29B of free cash flow. 📊 The company's trailing P/E ratio of 32.2 is easily justified by its massive earnings growth rate of 57.0%. 🔑 This yields a very low PEG ratio of 0.56, well below the attractive benchmark of 1.0, indicating the stock is quite reasonably priced for the level of expansion it is achieving.

🔔 Analyst Rating Changes ⬇️ AppLovin (APP) — Piper Sandler: Overweight → Neutral [Down, 06 Aug] ⬇️ AppLovin (APP) — Wells Fargo: Overweight → Equal-Weight [Down, 06 Aug] ⬆️ Roper Technologies (ROP) — Argus Research: Hold → Buy [Up, 06 Aug]

Hello all! As you begin building your investment portfolio, diversification is an important consideration. In recent months, the Singapore Stock Market has emerged as a good diversification alternative, with the benchmark Straits Times Index (STI) recently…

📈 DBS (D05.SI) 76.09 (+1.35%) ↑ 📰 Headlines • DBS names seven ‘deep-value’ stock picks to ride Singapore’s value-unlocking theme • DBS Share Price at Almost $75: Here’s What to Watch Next • DBS declares dividends of 81 cents as Q2 profit beats forecast; shares hit new high of $75.80 📅 Next earnings date not available. Recent surprises Aug 2026: ✅ Beat (+5.6%) — Act 1.08 vs Est 1.02 Apr 2026: ✅ Beat (+5.0%) — Act 1.05 vs Est 1.00 Feb 2026: ❌ Miss (-9.6%) — Act 0.81 vs Est 0.89 Nov 2025: ✅ Beat (+7.9%) — Act 1.03 vs Est 0.95 💰 Recent Distributions May 2026: 0.8100 Apr 2026: 0.8100 Nov 2025: 0.7500 Aug 2025: 0.7500 📚 Numbers Analysis 🇸🇬 Regional banking giant DBS delivered a strong earnings beat, bringing in $2.93B in net income on $5.95B in quarterly revenue, with actual EPS of 1.08 topping estimates by 5.6%. 🏦 Typically playing the role of a steady, mature grower, this financial powerhouse continues to show robust fundamental health and cash generation, backing up its latest dividend declarations. 📈 With sentiment riding high and the business firing on all cylinders, the main question for investors is whether this steady earnings momentum can comfortably support the current valuation multiple.

🌍 Global Market Wrap — 2026-08-07 09:22 SGT =================================== S&P 500: 7709.95 (-0.18%) ↓ Dow Jones: 53890.40 (-0.85%) ↓ Nasdaq: 26348.35 (-0.06%) ↓ Nasdaq 100: 29373.33 (-0.39%) ↓ Euro Stoxx 50: 6502.57 (+0.39%) ↑ Nikkei 225: 64831.64 (-1.30%) ↓ Hang Seng: 25526.65 (-0.01%) ↓ Straits Times: 5664.23 (+0.45%) ↑ S&P/ASX 200: 9247.80 (-0.26%) ↓ CSI 300 (China): 4651.31 (-0.15%) ↓ Crude Oil Futures: 77.82 (+0.69%) ↑ Gold Futures: 4300.30 (+0.02%) ↑ US Dollar Index: 99.95 (-0.01%) ↓ 📰 Global Market Headlines • Oil rises amid supply disruption fears following Iran's restrictive draft plan for the Strait of Hormuz • Meta ordered to pay $567 million into abatement fund as remedy to child harms case in New Mexico • A 'weaponized' yen: How the U.S.-Japan intervention may reshape global currency markets • From birth to brokerage: Why South Korea is seeing a surge in infant investment accounts • Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter • Hong Kong insurers' shares slump on report China to tax offshore insurance income • Stocks diverge with earnings, tech in focus • U.S. stocks set for stronger open as market rally gathers pace: Dow Jones, S&P, Nasdaq, Wall Street Futures • Intercontinental Exchange’s (ICE) Moat Is Built to Outlast Market Jitters

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🌍 Global Market Wrap — 2026-08-06 09:37 SGT =================================== S&P 500: 7723.56 (-0.17%) ↓ Dow Jones: 54354.44 (+0.49%) ↑ Nasdaq: 26363.44 (-0.83%) ↓ Nasdaq 100: 29487.79 (-0.83%) ↓ Euro Stoxx 50: 6476.99 (-0.15%) ↓ Nikkei 225: 64992.89 (-1.97%) ↓ Hang Seng: 25561.32 (-1.37%) ↓ Straits Times: 5631.97 (+0.91%) ↑ S&P/ASX 200: 9281.20 (+0.58%) ↑ CSI 300 (China): 4658.15 (+1.24%) ↑ Crude Oil Futures: 75.98 (+1.01%) ↑ Gold Futures: 4342.70 (+0.87%) ↑ US Dollar Index: 99.65 (-0.04%) ↓ 📰 Global Market Headlines • Fed Governor Cook says she's 'prepared to act' on rate hike to address inflation • We're downgrading Honeywell Aerospace after a shockingly bad earnings debut • Jim Cramer says investors should consider buying SpaceX for their kids • China announces 'countermeasures' after US trade sanctions • Tech back in fashion as Asian markets extend rebound • Indonesian economic growth slows to 5.3% in Q2, but beats forecast • Asia shares climb as tech mood swings, oil retreats

🔔 Analyst Rating Changes ⬇️ Apple (AAPL) — China Renaissance: Buy → Hold [Down, 04 Aug] ⬇️ Walmart (WMT) — Oppenheimer: Outperform → Perform [Down, 04 Aug] ⬇️ Nike (NKE) — JP Morgan: Neutral → Underweight [Down, 04 Aug] ⬆️ Palantir (PLTR) — Deutsche Bank: Hold → Buy [Up, 04 Aug]

🌍 Global Market Wrap — 2026-08-05 10:48 SGT =================================== S&P 500: 7736.53 (+1.79%) ↑ Dow Jones: 54091.42 (+1.71%) ↑ Nasdaq: 26584.99 (+2.59%) ↑ Nasdaq 100: 29733.16 (+3.32%) ↑ Euro Stoxx 50: 6486.71 (+0.94%) ↑ Nikkei 225: 65860.78 (+2.98%) ↑ Hang Seng: 25893.34 (+0.16%) ↑ Straits Times: 5586.67 (-0.46%) ↓ S&P/ASX 200: 9175.80 (+0.33%) ↑ CSI 300 (China): 4613.58 (+0.27%) ↑ Crude Oil Futures: 74.40 (-1.81%) ↓ Gold Futures: 4175.20 (+0.54%) ↑ US Dollar Index: 99.80 (-0.08%) ↓ 📰 Global Market Headlines • SoftBank jumps 10% as Asia tech stocks track Wall Street AI rally • SpaceX's AI spending unnerves Wall Street despite promises of quick payoff • AMD's revenue climbs 50% and data center sales doubled, but the stock is down • The stock market soars. 5 reasons behind the big surge Tuesday • Jim Cramer says one hedge fund's collapse cleared the way for tech's rally • Japan casts military buildup as path to economic prosperity • ARM Stock: A $1 Billion AGI CPU Opportunity Could End Up Being Much Bigger Than Wall Street Expects

🔔 Analyst Rating Changes ⬆️ Boeing (BA) — BNP Paribas: Underperform → Outperform [Up, 03 Aug] ↔️ Sherwin-Williams (SHW) — Guggenheim: Buy [Init, 03 Aug] ⬇️ NXP Semiconductors (NXPI) — UBS: Buy → Neutral [Down, 03 Aug] ⬆️ Alnylam (ALNY) — Raymond James: Outperform → Strong Buy [Up, 03 Aug]

Well well, risk on appetite was back in the market last night as all 3 main Wall Street indexes finished higher, with the Dow making a fresh record high. However from history, a negative June and July usually results in a green August only ~50% of the time and a green September ~15% of the time. Rest of Q3 does not look favourable. Align with the trend that market shaking events tend to occur in August, remeber the yen-carry trade scare in 2024? May prove to be wrong, as seasonality pointed to a green and strong July but we ended negative for 2026. Goes to show that seasonality is not a crystal ball and only serves as a guide, we should position ourselves accordingly and be willing to adapt if anything changes.