To The Moon

Historically, December tends to be one of the stronger months, and I certainly hope that the market starts low but finish strong this year. Optimism is rising ahead of the Fed’s potential rate cut, and corporate earnings continue to show strength and resilience. If one's risk appetite is higher, this could be a good time to buy on dips and position early. But if one prefer a more cautious approach, waiting for clearer confirmation after the Fed’s rate announcement, may offer more confidence before entering the market.

$Alphabet(GOOG)$  🙏🏼 

This prediction is both plausible and bold. It’s plausible because Singapore has many structural strengths, such as an open economy and a competitive logistics and finance industry. If productivity continues to improve and Singapore keeps attracting capital and investments, a modest currency appreciation would be reasonable. That said, reaching parity would represent a significant appreciation, and there are many factors at play. If the USD continues to weaken, I may reduce my US equity holdings slightly and increase my allocation to gold and SGD-based assets, especially dividend-yielding stocks. However, since 2040 is still a long way off, my portfolio will likely remain heavily weighted toward USD-based assets for now, while keeping in mind the importance of staying adaptive.

I pass by Little India quite often, and the excitement of Deepavali can definitely be felt. Wishing those who celebrate a warm and fun Deepavali, and the rest a good rest!

The rally in gold has really surprised me. With the current momentum, I believe it will continue to move higher, though with limited upside. A potential pullback may be around the corner as well. I’m therefore more inclined to buy the dip in Bitcoin. However, since there still seems to be some volatility ahead and prices could go lower, unless the plan is to DCA, it may be wiser to wait and observe a little longer.

$Alphabet(GOOG)$  

The next in line for the $4 trillion club is most certainly one of the Magnificent Seven, given their scale, capital, and AI strategies. Among them, I favor Alphabet and Apple. Alphabet has deep AI roots, while Apple benefits from a strong ecosystem and brand loyalty. Whichever company is next to hit $4 trillion, it’s an exciting development for investors. [Smile]  

$UMS(558.SI)$  [Smile]  

TSMC delivered an outstanding earnings beat[Smile]  This is thanks to AI-driven demand. It is on a strong rally now, so it will be normal to have a mini pull back or consolidation. That said, AI chip demand is still accelerating, so there's still a lot of optimism for the rest of 2025.   

$Taiwan Semiconductor Manufacturing(TSM)$  [Smile]