Congratulations once again on @Joshhsh -Justin's successful trading endeavors! 🎉The following are Justin's answers to questions from TigerBrokers' emails. We appreciate Justin's thoughtful and earnest sharing, and hope it will be helpful to our fellow investors.If you are interested in being interviewed, please leave a comment below. If your answer is used and published, we will provide an incentive of SGD150.Part 1: Getting Started — The Beginning of the JourneyMy name is Justin. Professionally, I work in risk and governance — so naturally, I’ve always been fascinated by how uncertainty is measured, priced, and managed.I’ve been investing for about 10 years now. What started as a simple desire to grow my savings slowly evolved into

Nvidia Wipes Out $270B in 24 Hours: Generational Dip Buy or the Crack in the AI Supercycle? Nvidia (NVDA) just experienced a violent reality check, plunging over 5% and vaporizing roughly $270 billion in market capitalization overnight. To put that into perspective, the market just erased the equivalent of Netflix’s entire valuation in a single trading session. The catalyst wasn’t a single fatal blow, but a toxic trifecta: the delayed rollout of the much-anticipated Blackwell architecture, mounting anxieties over the sustainability of hyperscaler AI spending, and the creeping threat of custom silicon eating into market share. While Wall Street analysts are rushing to defend the long-term thesis, active traders are staring at a massive inflection point. Is this the ultimate "buy the blood"

Short answer: yes, the pullback likely creates tactical upside, but only if you separate execution risk (short term) from structural demand risk (long term). Right now, the market is repricing the former, not yet the latter. --- 1. Why the market reacted so sharply The selloff reflects a shift from perfect-execution expectations to normal semiconductor execution risk: a) Blackwell rollout delay Nvidia was priced for flawless transition from Hopper → Blackwell. Any delay compresses near-term revenue recognition and pushes hyperscaler deployments slightly outward. Markets discount timing aggressively even if demand remains intact. b) AI capex sustainability fears Investors are questioning whether hyperscalers move from “capacity land-grab” to ROI discipline in 2026. This is a sentiment risk,

$NVIDIA(NVDA)$ s earnings report exceeded expectations again, but its stock price fell sharply by over 5%.These past 2 days, Nvidia's earnings report has once again taught all options traders a lesson: earnings significantly exceeded expectations, causing a surge in after-hours trading, but the next day it plummeted 5.7%, wiping out nearly a trillion dollars in market capitalization overnight.This kind of "good news priced in, surge followed by a fall" pattern is a classic example of a double whammy in the options market—bulls get trapped, and puts may not even profit; once volatility recedes, both contracts plummet.Since August 2024, every earnings report seems to be followed by a period of decline.I've experienced this market pattern all too wel

$NVIDIA(NVDA)$ $Alphabet(GOOGL)$  $Broadcom(AVGO)$  📊⚡ $NVDA Q4 FY26: Record Revenue, Accelerating EPS, and a $206B Intraday Repricing ⚠️📉 $NVDA delivered one of the strongest quarters ever recorded in large-cap technology, yet the stock experienced a 5% intraday repricing that removed approximately $206 billion in market value. For context, that exceeds the entire equity valuation of Walt Disney Company. The divergence warrants structural analysis rather than emotional reaction. 📊 Earnings Execution Remains Exceptional • Revenue: $68.1B, +73% YoY, above $66.2B consensus • Adjusted EPS: $1.62 vs $1.53, +82% YoY • Data Centre: $62.3B, +75% • N

Nvidia's $95B Supply Chain Bet: Inside a Record-Breaking Quarter Global AI chip titan $NVIDIA(NVDA)$   released its highly anticipated FY26Q4 earnings after the bell, delivering financial metrics that crushed expectations across the board. Management provided guidance that soared past market consensus, yet the stock dipped in after-hours trading as investors stuck to the "sell-the-news" pattern seen in recent quarters.  Let's unpack the true quality of this print. Three Things to Watch Networking Revenue Smashes the $10B Mark Early; NVLink Unlocks a New Growth Vector Nvidia's networking revenue hit $10.98 billion this quarter, up 263% year-over-year. This milestone breaches the $10 billion mark two qua

Post SCOTUS’s annulment of Trump's "reciprocal" tariffs on Fri, 20 Feb 2026 and Trump's subsequent move to impose a temporary 15% global tariff across the board, have thrown world trade into a new bout of confusion. US stock market was not spared either. On Mon 23 Feb 2026, 2nd trading day post SCOTUS’s verdict, US equities tumbled as investors grappled with fears and uncertainty over Trump’s new tariffs. By the time market called it a day: DJIA: -1.66% (-821.91 to 48,804.06). S&P 500: -1.04% (-71.76 to 6,837.75). Nasdaq: -1.13% (-258.79 to 22,627.27). There were 67 52-weeks new highs and 264 new lows. Monday’s trading volume on US exchanges was 18.39 billion shares, slightly below the 20-day average of 20.62 billion. The New York Stock Exchange (NYSE) saw a heavy skew toward negative

What a retarded time for me to make my initial NVIDIA investment (2 days ago)

$NVIDIA(NVDA)$’s Q4 2026 earnings (reported Feb 25, 2026) served as a critical "clearing event" for the market. By comfortably beating expectations and raising guidance, Nvidia didn’t just prove its own dominance — it essentially underwrote the massive CAPEX plans of the world's largest tech companies. Here is an analysis of the post-earnings landscape and what it means for the broader semiconductor and tech sectors. Nvidia Q4 Analysis: The "Token Revolution" Nvidia's results were an emphatic answer to the "AI fatigue" narrative. The Numbers: Revenue of $68.1 billion (up 73% YoY) and an outlook for $78.0 billion next quarter blew past analyst estimates. The Catalyst: CEO Jensen Huang shifted the narrative from "selling chips" to "powering a new in

The sell-off looks less like a thesis break and more like a valuation reset meeting execution uncertainty. Whether it creates upside depends on time horizon. 1. Why the market reacted sharply Blackwell timing risk: Delays matter because Nvidia’s valuation assumes uninterrupted upgrade cycles. Any slip compresses near-term revenue visibility. AI capex durability fears: Markets are shifting from “build at any cost” to ROI scrutiny. Hyperscalers are still spending, but investors now question growth acceleration, not growth itself. Custom silicon narrative: ASICs from hyperscalers (TPU-like designs) create headline risk, though they typically complement rather than replace Nvidia’s ecosystem. 2. Have risks been addressed? Partially Management commentary and channel checks suggest demand is not

U.S. equities mostly slipped into the red on Thursday (26 Feb), with $NVIDIA(NVDA)$’s sharp post‑earnings reversal weighing heavily on sentiment. Despite delivering yet another impressive earnings and revenue beat—along with upbeat forward guidance—the tech gNvidia 3x Short DLC jumped about 16%, while the Nvidia 3x Long DLC declined by a similar amount. Nvidia's selloff spilled over to other tech names, dragging the $NASDAQ 100(NDX)$ down 1.2% Tracking the underlying moves, the Nasdaq 7x Short DLC surged nearly 8%, while the Nasdaq 7x long DLC fell a similar magnitude. After the closing bell, $Netflix(NFLX)$ surged almost 10% in post-market trading after announcin

U.S. equities mostly slipped into the red on Thursday (26 Feb), with $NVIDIA(NVDA)$’s sharp post‑earnings reversal weighing heavily on sentiment. Despite delivering yet another impressive earnings and revenue beat—along with upbeat forward guidance—the tech gNvidia 3x Short DLC jumped about 16%, while the Nvidia 3x Long DLC declined by a similar amount. Nvidia's selloff spilled over to other tech names, dragging the $NASDAQ 100(NDX)$ down 1.2% Tracking the underlying moves, the Nasdaq 7x Short DLC surged nearly 8%, while the Nasdaq 7x long DLC fell a similar magnitude. After the closing bell, $Netflix(NFLX)$ surged almost 10% in post-market trading after announcin

Nvidia’s latest numbers are phenomenal, but the sustainability of the rally now depends more on sentiment and AI capex cycles than on near‑term fundamentals, which still look very strong.[1][2][3] ## What the results say - Q4 revenue grew about 73% YoY to roughly 68 billion dollars, driven overwhelmingly by data center demand for Blackwell GPUs and networking.[2][1] - GAAP gross margin hit about 75%, a record level for this cycle, helped by a richer product mix and lower inventory provisions.[1][2] - Q1 guidance points to another quarter of very strong revenue with non‑GAAP gross margin guided around 75% again, implying the AI infra build‑out is still in full swing.[4][2] ## AI capex backdrop - The big hyperscalers are expected to spend over 600 billion dollars on capex in 2026, with rough

Despite the plunge, am still optimistic as Nvidia has strong fundamental.

Nvidia’s report reinforces a key reality of this cycle: AI infrastructure demand remains structurally strong, but the market is now shifting from growth surprise to expectation management. 1. What the numbers really say The headline figures were undeniably powerful: Data centre +75% YoY confirms hyperscaler and sovereign AI spending has not slowed. Networking +260% is arguably the most important signal. It shows scaling clusters, not just buying GPUs. AI build-out is deepening. 75% gross margin indicates pricing power remains intact despite rising supply. This is not late-cycle behaviour. It reflects scarcity economics typical of an infrastructure supercycle. 2. Why the stock sold off anyway Markets reacted to forward friction, not backward strength: Gaming weakness (-13% QoQ) reminds inve

Tomorrow after the close, $NVIDIA(NVDA)$ will report earnings.On one side, Wall Street’s ever-rising expectations; on the other, macro geopolitical tensions, renewed tariff noise tied to Trump, and growing market anxiety over whether AI spending can stay this hot into 2027.1. Earnings Expectations: Good News May No Longer Be EnoughCurrent consensus puts Q4 revenue around $57 billion, with data center expectations the most aggressive — analysts have lifted forecasts from about $52.7B six months ago to roughly $60.1B now.Recently, even when Nvidia beats expectations, the stock hasn’t reacted strongly. Once “surprise” becomes standard, marginal impact declines. Options pricing currently implies about a ~6% move this week — in either direction.2. Valu

1. Can AI CapEx remain this aggressive? So far, hyperscaler spending has behaved unlike a normal cycle because AI compute is still supply-constrained rather than demand-constrained. Why spending has held up: Hyperscalers are competing for model leadership, not short-term profit. Training capacity still determines capability leadership. Blackwell systems are effectively pre-sold through backlog visibility. Meta, Microsoft, Amazon, and Google are still signalling elevated multi-year CapEx. That suggests FY2026 spending is strategic infrastructure, not discretionary IT. However, the market is starting to ask a new question: > Are customers buying compute because they must, or because it already produces ROI? That distinction determines Nvidia’s multiple expansion from here. --- 2. “Grab Co