$Alphabet(GOOGL)$ Seems to have broken above the 30 day moving average, lifted by the broader market upswing.  Looks like USD 100 might be the next psychological resistance line.  I remain vested in Googl, but got in at a rather expensive price. I had thought the stock would rally post-split, as what was expected historically, but it turned out quite different. I'm thinking of selling short term puts on Googl, perhaps with 45 days to expiration or so. The idea is to collect premium while waiting for the stock to edge higher. If I do get assigned, I can lower my cost basis.

$Microsoft(MSFT)$ I remain bullish in the strength of MSFT's enterprise business, together with their cloud services. Besides MSFT, even Google doesn't have the ability to convince corporates to migrate wholly to their ecosystem. The lowest point for the stock was at USD 213. Now it has picked up to USD 247. It's PE ratio currently sits at around 26, looks quite fairly valued for a blue chip technology company. Further, the stock has dipped by close to 30% year to date.  I think towards the end of this year we could see a "Santa rally". But this recent rally could just be over-optimism on the US inflation print. Other headwinds include tech layoffs and cutting capex. I don't know where the market is going to go,

$SPDR S&P 500 ETF Trust(SPY)$Wow broke below $400, seems like the bear mkt rally is indeed disrupted by Powell speech. 

$Taiwan Semiconductor Manufacturing(TSM)$Yesterday pre-market, almost all the semicon stocks were in green. But as market closed, quite a number of them turned red, TSMC included. This suggests that the market is still jittery on its near term profitability, especially with the US export ban of chips.  Like many investors here, I am bullish about its medium to long term prospects, barring a geopolitical shock from China. I am continuing to sell puts on TSMC to dollar cost average down my average price, and if I'm assigned, sell covered calls on the stock. I suppose other than ploughing into Singapore Savings Bonds, this method at least helps to offset the paper loss from the stock itself. 

$Amazon.com(AMZN)$ Amazon is reportedly going to layoff about 10,000 workers, which represent 3% of its corporate workforce. The cuts come as Amazon is facing soaring costs and slowing growth in its online business. Overeager expansion during the pandemic has also left Amazon with wasted logistics capacity, with the company announcing plans to cut capex as well.  Basically, like many tech companies out there, it is trimming the fat. The most recent culling came from Meta, which shed 11,000 roles, representing 13% of the company. In response, the share price surged. If Amazon follows through with the job cuts, it could boost investor optimism and we could see a near term bounce. Other than that, its cloud busines

$AMD(AMD)$ Buffett's purchase into tsmc is likely to send the stock higher. But there could also be some spillovers to the broader chip industry as well. In my view，AMD, NVDA might see a near term bounce. I remain optimistic on the chip makers, including the fabless players, even as the industry battles the chip glut issue.  Unfortunately my shares of tsmc will likely be called away soon as optimism returns for the stock. But that essentially is the downside of selling calls. Even so I will still eke out a profit, just that will be losing a great quality company at a slightly cheap valuation. 

$NVIDIA Corp(NVDA)$Analysts are expecting this stock to come down as the crypto market soften and ETH move to proof of stake 

$Bank of America(BAC)$Bank stocks are likely to continue outperforming as interest rates climb higher, benefiting from the higher net interest income.  There have been studies backing that banks profitability generally trend higher in a high interest rate environment. This is because the volume of loans do not decline by much even though the cost of borrowing has picked up.  That said, there could be some offsetting effect if the US economy tips into a recession, with businesses cutting capex and laying off workers. Non-interest income side could also weaken as IPO and wealth advisory activity comes down. For commercial banks like BofA, as opposed to investment banks (IB) , they are more expos

$Alibaba(09988)$Markets don't seem to believe that whatever china govt is doing will support the market 

$Alphabet(GOOGL)$Wow people are really dumping tech stocks ahead of fomc release. I wonder what could be the reasons. Compelling factors would likely include declining revenue, profits, etc from rising competition in YouTube space, slowing advertising and cloud activity and strong USD crimping overseas income via translation effects. I also suspect another reason is that the market has priced in 75 bps, which means a lot of risk free assets are going to give higher returns, so people switch from holding tech stocks.