$QCOM rebounds from oversold levels, tests key $162 breakout pivot
$Qualcomm(QCOM)$ $Qualcomm(QCOM) +1.82%: Chip Giant Rebounds from Oversold Lows, Eyes $162 Pivot Breakout ππ Latest Close Data: QCOM closed at $160.39 (+1.82%), bouncing from the session low of $155.22. The stock remains -38.3% below its 52-week high of $259.92, attempting to establish a floor. Core Market Drivers: QCOM surged despite mixed tech sentiment, fueled by dip-buying after recent pressure. The market is digesting the Q3 fiscal report where net profit slid 25% YoY due to memory cost surges, but revenue slightly beat expectations. The announced September 1st price hikes are seen as a potential catalyst to restore margins. Technical Analysis: The rebound is supported by a contracting MACD death cross, with the histogram narrowing to -0.40,
$Pfizer(PFE)$ $Pfizer(PFE) Rallies +1.51% to $26.20: Pharma Giantβs Momentum Builds, Eyes $26.74 Resistance π Latest Close Data: PFE closed at $26.20 on Aug 7, up +1.51%. The stock is trading 8.9% below its 52-week high of $28.75, showing strong recovery momentum from its $23.58 low. Core Market Drivers: Defensive healthcare plays saw inflows as broader market volatility persisted. The stock shrugged off a recent BofA Securities target cut to $26, breaking above the $26 level. Robust institutional backing from BlackRock (8.74%) and Vanguard provides a solid floor. Technical Analysis: The breakout is validated by volume of 51.07M shares, exceeding the average. MACD shows a powerful bullish crossover, with the histogram expanding to 0.163, while the
$CVX Rebounds as Energy Sentiment Improves, Eyes $195 Breakout
$Chevron(CVX)$ $Chevron(CVX) Gains +1.51%, Energy Titan Stabilizes Near $189: Watching $195 Resistance for a Breakout Recovery π’οΈπ Latest Close Data: $Chevron (CVX) closed at $189.23 on Aug 7, 2026, gaining +1.51% (+$2.82). The stock is bouncing from its recent support but remains -11.87% below its 52-week high of $214.71. Core Market Drivers: CVX is stabilizing as the White House extends the Jones Act waiver to lower gasoline prices, potentially easing refining spread pressures. Energy sector sentiment remains mixed, balancing macro demand fears with constrained supply. A recent Bank of America price target adjustment to $227 (from $210) reinforces bullish institutional conviction in the company's capital discipline. Technical Analysis: Price acti
$VZ Defends $46 Support as Dividend Appeal Grows, Bulls Eye $48.40
$Verizon(VZ)$ $Verizon (VZ) +1.12% Rebound: Verizon Defends $46 Support, Dividend Yield Nears 6% β $48.40 Resistance in Focus Latest Close Data: VZ closed at $46.99 on Aug 7, 2026, posting a gain of +1.12%. The stock is currently trading -9.1% below its 52-week high of $51.68, showing a mild recovery from the recent dip. Core Market Drivers: Telecom stocks staged a relief rally following a sector-wide sell-off earlier this week. Positive sentiment spilled over from the recent Q2 beat where VZ raised its full-year EPS guidance to $4.99-$5.04. However, macro pressure persists as SpaceXβs Starlink expansion poses a rising competitive threat to traditional carriers, keeping institutional sentiment cautious. Technical Analysis: The reboun
$ROKU Hits Fresh High as Fox Deal Fuels Rally, Bulls Eye $155
$Roku Inc(ROKU)$ $Roku Inc.(ROKU) +2.12% Surge Hits 52-Week High, $220B Fox Deal Ignites Breakout Momentum ππ Latest Close Data: Roku closed at $150.07 on Aug 7, up +2.12% ($3.11). This marks a fresh 52-Week High ($150.61 intraday), confirming a powerful breakout above the previous resistance ceiling. π Core Market Drivers: The rally is fueled by blockbuster Q2 earnings showing net profit surged over 15x YoY, marking the 5th consecutive profitable quarter. π Platform revenue jumped 25% to $1.22B. The looming $22 billion acquisition by Fox Corporation is the primary catalyst, with Roku shareholders set to hold ~27% of the combined entity. π€ Technical Analysis: Volume came in at 3.84M shares, showing steady conviction. The RSI(6) is at 86.01, deeply
$Ambarella(AMBA)$ $Ambarella (AMBA) Closes +2.37% at $83.79: Edge AI Momentum Building, $86 Breakout Imminent π π Latest Close Data: AMBA closed at $83.79 (+2.37%). The stock surged to an intraday high of $86.19, just 13.3% below its 52-week high of $96.69, signaling strong recovery momentum. π₯ Core Market Drivers: The edge AI chip leader rode the semiconductor sector wave. Industry sentiment is shifting "from model competition to industrial implementation," boosting demand for real-time edge computing in robotics and ADAS. A prior long-term edge AI deal with Hanwha (potential $800M+ revenue) and BofA's target upgrade to $96 reinforce the bullish narrative. π Technical Analysis: Volume was 1.21M, below average, suggesting controlled accumulation.
$MSFT Reclaims $500 as AI Growth Accelerates, Bulls Target $554 High
$Microsoft(MSFT)$ $Microsoft (MSFT) Surged +2.54%: AI Monetization Engine Roars, $500 Psych Barrier Reclaimed! π Latest Close Data: MSFT closed at $499.86, up +2.54% (+$12.40). The stock is now just 9.7% away from its 52-week high of $553.72, decisively reclaiming the $490 handle. Core Market Drivers: Sentiment remains euphoric following last weekβs blowout earnings. Azure growth accelerated to 43% YoY, and M365 Copilot seats surpassed 30M, easing prior fears about AI capex returns. π Additionally, reports that OpenAI may account for 70% of Microsoftβs AI-related revenue highlight its deep integration. Technical Analysis: The breakout is backed by strong momentum. MACD shows a massive bullish expansion with DIF at 25.45 and MACD histogram at 24.03
$AT&T Inc(T)$ $AT&T (T) +2.82%: Dividend Giant Reclaims Momentum, $23.71 Close Sets Bullish Tone, $24.50 Target in Sight Latest Close Data: AT&T closed at $23.71, up +2.82% with a robust volume of 47.69M shares. The price is distancing from the 52-week low of $19.89, but remains 20.4% below its 52-week high of $29.79. π Core Market Drivers: The stock rebounded sharply despite recent pressure from SpaceXβs Starlink expansion threats, which had previously dragged telecom peers lower. Todayβs surge reflects a rotation into value and high-dividend plays, supported by a massive 4.68% dividend yield. Capital flow data shows strong buying interest, with a 1-day net inflow of $26M in large orders. π° Technical Analysis: The MACD shows a bullish co
$Walt Disney(DIS)$ $Walt Disney(DIS) +2.87% Surges Past $104 as Q3 Earnings Beat Reignites Magic, Eyeing $106.69 Resistance π°β¨ π Latest Close Data DIS closed at $104.68 on Aug 7, a solid +2.87% jump. This breakout pushes the stock further from its 52-week low of $92.19, now challenging mid-term resistance levels as it recovers toward the $119.78 52-week high. π° Core Market Drivers The surge is fueled by a stellar Q3 earnings beat, with adjusted EPS hitting $2.06 vs. the $1.86 consensus. Deutsche Bank raised its target to $135, reinforcing bullish sentiment. Strong momentum in domestic parks and steady streaming growth are overriding macro noise. π Technical Analysis A powerful bullish signal: the MACD histogram has flipped to positive (0.458) with
$PayPal(PYPL)$ $PayPal (PYPL) +3.19% Rally: Fintech Giant Breaks Resistance, $60-$62 Target Zone in Sight π Latest Close: $59.78 (+3.19%) π° PayPal roared higher, closing near the session high of $59.79. The stock is now decisively above its recent swing high, targeting a re-test of the $60 psychological barrier. It remains -24.5% below its 52-week high of $79.22. Core Market Drivers π Bullish momentum is fueled by strong Q2 results (Revenue $8.68B, Adj. EPS $1.38 beat) and subsequent analyst target upgrades. The Street is digesting inorganic growth plays, with a recent report highlighting Stripe and Advent's $60.50/share acquisition interest, adding a floor to valuation. Technical Analysis π The breakout is confirmed by volume of 10.75M shares (Vo
$Uber(UBER)$ $Uber (UBER) Bounces +3.36%: Dip Buyers Step In at $68 Support, Eyes on $75 Resistance Recovery π π Latest Close Data Uber closed at $70.47 (+3.36%), staging a strong technical recovery. The stock is rebounding from its recent 52-week low of $65.41, but remains significantly below its 52-week high of $101.99. π Core Market Drivers The bounce is attributed to technical remediation after a two-day sell-off triggered by Q2 revenue slightly missing estimates and weak Q3 guidance. CEO Khosrowshahi clarified the miss was due to an accounting change in the UK, emphasizing healthy consumer spending. Analysts remain overwhelmingly bullish despite Oppenheimer (from $100 to $90) and DA Davidson (from $107 to $100) trimming targets. π Technical A
Color Legend π΄ Red: Broke above/below the forecast range, or broke above/below the simulated strike alternative. π Orange: Briefly broke above/below the range, but closed within the strike range. I. This Week's Simulation Results: β All 4 Trades Profitable TSLA Sell Call: 8/7 expiry 340 β Note: Ample buffer on the upside. AAPL Sell Put: 8/14 expiry 290 β Note: No material negative surprises from earnings. AMD Sell Put: 8/14 expiry 400 β Note: Sustainable (roll to next week's 400 Put). INTC Sell Put: 8/14 expiry 90 β Note: Sustainable (roll to next week's 90 Put). The seller environment was broadly favorable this week, but there is an important risk reminder in the broader market section below. II. Broader Market Assessment (SPY & QQQ) Coordinated U.S.-Japan FX intervention + surging eq
πͺ Tiger Coins | DBS vs OCBC vs UOB: Which Bank Actually Won Earnings Season?
Singaporeβs Big Three banks delivered their Q2 report cards within a 24-hour window. DBS reported first on August 6, followed by $OCBC Bank(O39.SI)$ and $UOB(U11.SI)$ on August 7. At first glance, all three delivered year-on-year profit growth. But once the numbers are compared side by side, the differences become much clearer. This earnings season was not simply about who made the most money. The bigger question was which bank adapted best to a lower-rate environment, found new sources of growth and gave investors the strongest reason to keep buying. As of postοΌ $DBS(D05.SI)$ YTD 2026 is 33.12%οΌ $UOB(U11.SI)$ YT
New SpaceX 3x Short DLC Start Trading on 7 August; SPCX Falls 13% On Earnings
Societe Generale has launched a new $SpaceX 3xShortSG280726(YF1W.SI)$ on SGX on 7 August, complementing the existing SpaceX 3x Long DLC (WK4W). The $SpaceX(SPCX)$ Long and Short DLCs offer investors 3x leveraged and inverse exposure to SpaceX, enabling investors to express their bullish and bearish views during Asian trading hours ahead of the U.S. market open. SpaceX recently reported their first earnings results on 4 August after US market close, which sent its share price tumbling -13.6%. The move resulted in a close to 41% decline on the $SpaceX 3xLongSG280707(WK4W.SI)$. Other big movers post earnings included $Pal
Earnings wrap for top STI index performers - SGX, OCBC, UOB, Yangzijiang
OCBC, SGX, UOB and Yangzijiang are amongst the top 8 index performers on the Straits Times Index (STI) this year. All reported earnings last night/this morning See how their respective results went and Bloomberg's analysis of their technical charts βΆYangzijiang: reported after market a strong 1H26, with revenue up 36% year-on-year (yoy) to RMB 17.53 billion and net profit up 28.4% yoy to RMB 5.37 billion, driven by progressive construction of vessels secured at higher contract prices and a more favourable product mix Its shipbuilding gross margin improved, while its orderbook at USD 22.4 billion as of 30 June 2026 provide revenue visibility through 2029 Its share price gapped up 7.6% to $4.25 at the open πΊIn our One Good Trade Live Show with Joey Choy on 23 July, Joey mentioned Yangzijiang
π 3D-NAND Gets a New Wall Street Warning: Could Micron Be Next?
The memory trade has been one of the strongest semiconductor themes of 2026. AI data centres have driven extraordinary demand for memory and storage, while limited supply has pushed NAND and DRAM prices sharply higher. That combination helped send memory stocks to some of their strongest gains in years. This week, though, the trade showed a fresh sign of stress. $SanDisk Corp.(SNDK)$ fell 6.8% on Thursday after investors reacted negatively to its outlook, while $Western Digital(WDC)$ dropped 13%. SK Hynix lost around 5%. $Micron Technology(MU)$ initially fell more than 7% before recovering most of the decline and closi
I don't think every technology stock should be treated the same during a market sell-off. Some businesses have strong earnings and cash flow behind them, while others depend heavily on very high future expectations. $Tesla Motors(TSLA)$ is the one I would treat with more caution. The company has enormous potential in electric vehicles, autonomous driving, robotics and AI, but the share price also reflects a lot of that future potential. If expectations around robotaxis or Optimus are delayed, the stock could fall sharply even if the underlying business remains healthy. For me, Tesla has more characteristics of a bubble-risk stock because investors are paying heavily for future growth that has not fully materialised yet.
The Lock-Up Shoe Dropped. The Guidance One Is Still in the Air.
Hello. The largest first tranche of any IPO lock-up in US market history came free last night: 911.5 million $SpaceX(SPCX)$ insider shares became eligible to sell, taking the freely tradable count from about 639 million to roughly 1.55 billion in one step. The shares rose 6.14 per cent. The day the selling actually happened wasn't last night. It was the day before. On Wednesday the stock fell 13.61 per cent on about 200 million shares, the heaviest turnover since 18 June; last night volume hit 251 million and set another high, yet the price went up. Heavier volume than Wednesday, and the price went the other way β the people who wanted to sell had mostly finished on Wednesday. Someone went back through three comparable cases: in ea
A stock drops 20%. Do you buy the dip or wait it out? You sell a stock, and it jumps 15% the next day. Do you chase it back? Everyone around you is making money. Can you still stay on the sidelines? Take this 5-question quiz and see what kind of investor you really are. Go with your first instinct, keep track of your A / B / C / D answers, and check your result at the end. Check Your Investor Type Finish all 5 questions and see if the result matches what you expected π How to Participate Share your answer in the comments below, and tell us Your Investor Type Repost this post and tag at least one friend to join the discussion. Rewards All eligible participants will receive 5 Tiger Coins. We will randomly select lucky Tigers to receive 1000 Tiger Coins. Event Period From August 7, 2026 to Au