$JMIA Relief Rally Emerges, but $8.73 Still the Real Test
$Jumia Technologies AG(JMIA)$ $Jumia Technologies AG(JMIA) Surges +4.89%: E-commerce Player Bounces Off Support, Eyes $8.73 Breakout 🚀 Latest Close Data On 2026-06-09, JMIA closed at $6.86, marking a significant +4.89% gain. The stock is now ~53% below its 52-week high of $14.72. Core Market Drivers The bounce is driven by a broader search for oversold opportunities in emerging market tech. While the company continues to face headwinds in its core African e-commerce markets, today's move suggests a potential technical relief rally amidst low sentiment. Technical Analysis Volume was 1.488M shares with a Volume Ratio of 0.64, indicating below-average participation. The RSI(6) at 44.38 is recovering from oversold territory (below 30), signaling wanin
$AMD Powers Higher 5%, But the Real Test Begins at $500
$Advanced Micro Devices(AMD)$ $Advanced Micro Devices, Inc. (AMD) Soars +5.14%: AI Chip Leader Reclaims $490 Pivot, Eyes $500+ Territory 📈 Latest Close Data Closed at $490.33 on 2026-06-09, surging +5.14% (+$23.95). The stock is now ~10.3% away from its 52-week high of $546.44. 🚀 Core Market Drivers Strong capital inflow of $327.5M net positive on the day indicates institutional buying interest. The broader AI hardware and semiconductor sector remains a key growth narrative, supporting premium valuations. Recent high short volume (e.g., 8.77% on 06-05) suggests a potential short squeeze contributed to the upward momentum. 📊 Technical Analysis Volume: Daily volume of 25.16M shares shows active participation, supporting the breakout move. MACD: The l
$DexCom(DXCM)$ $DexCom, Inc. (DXCM) Jumps +5.16%: Bullish Momentum Ignites, Eyes on $78 Resistance 🚀 Latest Close Data 📊 Closed at $76.62 on 2026-06-09, a strong gain of +5.16%. The stock is now ~14.8% below its 52-week high of $89.98. Core Market Drivers 🧠 The stock continues to ride positive sentiment from its recent cooperation with activist investor Elliott Investment Management, driving governance reform expectations. Strong institutional ownership (led by BlackRock and Vanguard) provides a stable base. Recent capital flow data shows mixed signals but overall net selling pressure has eased. Technical Analysis 📈 Volume surged to 7.57M shares with a Volume Ratio of 1.50, confirming the breakout with strong participation. The RSI(6) spiked to 78
For period 13 to 20 May 2026: The top gainer this week was $Zijin 5xShortSG271021(54XW.SI)$ , as $ZIJIN MINING(02899)$ sank close to 16% over the same period The sharp decline in Zijin Mining was largely driven by weaker gold prices amid rising bond yields and a stronger US dollar, which dampened investor sentiment towards precious metals and mining counters. Concerns over softer commodity demand and profit-taking following the stock’s earlier rally also contributed to the sell-off. 📊 Top 5 Performers (3 Stocks + 2 Indices) Zijin 5x Short DLC (54XW) gained 115% Bilibili 5x Short DLC (9JPW) gained 64% BYD 5x Short DLC (5C3W) gained 47% HSTECH 7x Short DLC (9B2W) gained 32% HSCEI 7x Short DLC (CVSW) gai
⚠️❗7x Long HSTECH YPCW Sold Out: Consider SYHW ⚠️❗
$HSTECH(HSTECH)$ 7x Long DLC (YPCW) has seen strong fund flows and has sold out. Societe Generale (SG) will continue to provide bid price for $HSTECH 7xLongSG270331(YPCW.SI)$ according to the pricing formula. Investors who are holding existing units of DLCs will be able to unwind their positions as usual while not able to purchase extra positions from SG. Investors can consider purchasing $HSTECH 7xLongSG271216(SYHW.SI)$ instead, which is currently trading at $0.196. This advertisement has not been reviewed by the Monetary Authority of Singapore. This advertisement is distributed by Société Générale, Singapore Branch. This advertisement does not form part
Lenovo's 105% Rally in May Boosts 5x Long DLC by +1,538%
$LENOVO GROUP(00992)$ rallied around 105% in May, driven by strong earnings and growing optimism around the company’s AI prospects. Amplifying the move, the $Lenovo 5xLongSG261027(TDDW.SI)$ surged +1,538.91% over the same period. Although there are no Lenovo Short DLCs listed, the losses on a 5x Short DLC would have been 100%, but not more. On the broader HK benchmark index, the $HSI(HSI)$ fell 2.3% in May, with the $HSI 7xShortSG270309(EUCW.SI)$ gaining +6.24%. The DLC performances above highlight the impact of the Compounding Effect — Lenovo’s sustained rally boosted the Long DLC's compounded returns well beyond
Broadcom Sinks 13% Post-earnings Release; 3x Short DLC Gains 38%
$Broadcom(AVGO)$ sank up to 13.8% overnight after reporting earnings post-US market close on Wednesday (3 June). Despite reporting another strong quarter, investor sentiment turned negative as Broadcom’s guidance for AI semiconductor revenue came in below market expectations. As of 11am Singapore time, Broadcom was trading down about 12.5%. Amplifying the move, the $AVGO 3xShortSG280420(9FOW.SI)$ surged close to 38%, with the $AVGO 3xLongSG280420(Z8TW.SI)$ down a similar magnitude. Investors who view the selloff as an overreaction and anticipate a rebound during regular US trading hours may consider the $AVGO 3xLong
For period 27 May to 3 June 2026: Topping the table yet again this week is Lenovo 5x Long DLC (TDDW) The 5x Long DLC surged as Lenovo's uptrend continued, in particular rising more than 20% on Friday (29 May) on the back of AI optimism. This advertisement has not been reviewed by the Monetary Authority of Singapore. This advertisement is distributed by Société Générale, Singapore Branch. This advertisement does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please
Seven new DLCs have commenced trading on SGX on 9 June, including 4 Long DLCs on $JD-SW(09618)$ , $HSI(HSI)$ , $Tesla Motors(TSLA)$ and $NVIDIA(NVDA)$ , as well as 3 Short DLCs on OCBC, $SMIC(00981)$ and Nvidia. The new Nvidia and Tesla DLCs have been issued to replenish the shelf of US DLCs. Alongside our other US DLCs, these new 3x DLCs on Nvidia and Tesla provide investors with 3x Leveraged and/or Inverse Exposure to US stock underlyings during Asian hours, enabling investors to gain leveraged or inverse exposure to US stocks during Asian trading hours and react more quickly
$AMBA Bounces Sharply as Chip Sector Strength Returns
$Ambarella(AMBA)$ $Ambarella, Inc. (AMBA) Rebounds +8.19%: AI Chipmaker Finds Support, Eyes $70 Pivot 🚀 Latest Close Data 📊 Closed at $68.72 on 2026-06-09, surging +8.19% ($5.20). The stock remains ~28.9% below its 52-week high of $96.69. Core Market Drivers ⚙️ The rally is primarily driven by a broad semiconductor sector rebound (e.g., MRVL, INTC), providing a tailwind for oversold names. Technical oversold bounce: The sharp move follows a significant sell-off post-Q1 earnings, where despite a slight beat, guidance and a rating downgrade (Summit Insights to "Hold") pressured the stock. Technical Analysis 📈 Volume: Trading volume was 1.79M shares (Volume Ratio 0.83), indicating moderate participation in the rebound, not overwhelming conviction. RS
$MU Soars +9.9%, AI Memory Demand Drives Break Above $940
$Micron Technology(MU)$ $Micron Technology (MU) Soars +9.87%: AI Memory Leader Reclaims Momentum, Eyes $1,000 📈 Latest Close Data Closed at $949.28 on 2026-06-09, surging +9.87% (up $85.27). The stock is now $140.01 below its 52-week high of $1,089.29. 🚀 Core Market Drivers Strong demand for High-Bandwidth Memory (HBM) and AI server DRAM continues to drive fundamentals. The stock's significant rebound follows a period of consolidation, with capital flowing back into the semiconductor sector. 📊 Technical Analysis Volume was robust at 54.1M shares, supporting the bullish move. The 6-day RSI rebounded to 52.89, indicating a recovery from oversold conditions. However, the MACD histogram turned negative at -5.91, suggesting near-term momentum is still co
$INTC Rallies Double Digits as Chip Sector Strength Returns
$Intel(INTC)$ $Intel Corp(INTC) Soared +11.19%: Chip Giant Reclaims $110 with Bullish Momentum 📈 Latest Close Data Closed at $110.27 on 2026-06-09, surging +11.19%. Now trading just $22.48 (-16.9%) below its 52-week high of $132.75. ⚡ Core Market Drivers The stock is riding a wave of renewed investor confidence in the semiconductor sector, potentially fueled by broader tech momentum and anticipation around the company's advanced manufacturing and foundry roadmap execution. 📊 Technical Analysis A powerful breakout is confirmed! The daily volume of 137M shares (Volume Ratio: 1.18) shows strong institutional participation. The MACD histogram is negative at -6.48, but the DIF line at 4.22 is attempting to turn upwards, hinting at a potential bullish c
The answer may shock you. One of the best quotes about valuation I’ve ever seen came from Sun Microsystems’ CEO after the dot-com crash. At 10x revenues, to give you a 10-year payback, I have to pay you 100% of revenues for 10 straight years in dividends. Zero costs. Zero R&D. Zero taxes. Zero employees. What were you thinking? Sun Microsystems CEO Scott McNealy How much of the $S&P 500(.SPX)$ is trading for this crazy valuation today? The answer may shock you. I’ll get to that in a moment. Stock Valuations This post from Thierry was what had me digging into valuations today. It’s true that we’ve normalized 10x price-to-sales multiples, but as long-term investors, we shouldn’t because it’s extremely difficult to live up to that valuation.
STI Weakens, but Select Stocks See Strong Institutional Accumulation
Between last Friday’s $Straits Times Index(STI.SI)$ close and Monday’s open, global conditions turned notably tighter, with the US Dollar Index moving back above 100 for the first time in two months, 10-year US Treasury yields rising about 10 basis points, Brent crude up around US$2 per barrel, and $E-mini Nasdaq 100 - main 2606(NQmain)$ futures down about 3.3%, reinforcing a more cautious and selective tone at the start of the week. The STI declined 1.7%, with the iEdge Singapore Next 50 Index down 1.0% and the iEdge S-REIT Index lower by 0.7%, with institutions overall net sellers and retail net buyers. However, flows were not broad-based, with activity becoming more selective across sectors. The
Market Watch:ORCL, IONQ, AMD Lead the Bulls, PLTR and HIMS Flash Warning Signs
Momentum remains strong in select AI and tech leaders like $ORCL, $IONQ, and $AMD, while names such as $PLTR and $HIMS show signs of cooling after extended runs. 1. $Oracle(ORCL)$ After two years $OSCR is finally sweeping this liquidity zone Bullish Compression = Bullish Expansion 🚀 2. $IONQ Inc.(IONQ)$ $IONQ might have pulled back, but the Bull Cycle is still in play Expecting a multi month breakout still up to $90+ 3. $Advanced Micro Devices(AMD)$ Last June I called the start of a new bull cycle in $AMD 🚀 Since then it’s up over +240% and everyone’s asking if we’re near the top. 4. $Palantir Technologies Inc.(PLTR)$ $PL
$SPDR S&P 500 ETF Trust(SPY)$ already broke under 20SMA at $746 and today retested it. It failed again. It will need to defend this $730-$732 area this week. CPI is on Wednesday and so is $Oracle(ORCL)$ earning. 50SMA is at $715. There's a high chance we test this area next week close to June 17 FOMC with Kevin Warsh as new chair. Most traders don't realize but for the next 5-10 years owning assets and stocks is the way to be free. Today, $NVIDIA(NVDA)$ CEO said to buy $Qualcomm(QCOM)$ and a few weeks ago he said $ServiceNow(NOW)$ was undervalued and
Raw Stock vs. Option Structures: How to Protect Capital on MSTR
🛑 Scroll-Stopping Hook Most retail investors think the only way to play a market dip is to buy the stock outright and pray that it goes back up. But when you are dealing with a hyper-volatile equity like$Strategy(MSTR)$ , which has swung violently between a 52-week low of $104.17 and a high of $457.22, simply buying raw shares leaves you completely exposed to brutal drawdowns. 🥊 The Capital Protection Battle: Raw Shares vs. Derivatives When an asset experiences a steep weekly correction, retail traders see a binary choice: you either buy the stock now or you sit on your hands and miss out. Institutional portfolio managers view the market through a completely different lens. Instead of taking directional gambles, they use structural engineering to
$NDX $IWM $SMH Print Inside Candles as Market Awaits Direction
As mentioned on Saturday in the Weekly Compass, “A temporary relief spike on Monday is possible,” and that is what the price action presented today. The reason is simple: short-term timeframes were extremely oversold. As usual, the levels played a critical role today. Price action revolved around the Central Daily Level of 7,431, attempting to move north, but the CWL provided to our premium subscribers acted as precise resistance. Price action printed an inside candle for the $NASDAQ 100(NDX)$ and key ETFs like $iShares Russell 2000 ETF(IWM)$ and $VanEck Semiconductor ETF(SMH)$ . Inside candles reflect market uncertainty with neither side establishing clear directio