The U.S. treasury yields have spiked up recently, especially since the last Fed meeting where rates are expected to remain higher for longer, and the Fed has projected that they will need to hike one more time if needed. Treasury yields as of Friday prior to market open US 10 year yield The US 10 year treasury yield hit a high of 4.68% as of Thursday September 28, but has since pullback after the latest PCE inflation data on Friday.  The Federal Reserve's preferred inflation gauge, core PCE, rose 3.9% Y/Y in August, the first time in two years that the measure has dropped below 4%, the Commerce Department said Friday. That's progress toward, but still short of, the Fed's 2% goal. Core PCE, which strips out the volatile energy and food sectors, giving the central bank a better sense of

Since early August this year when the S&P 500 peaked around 4,600 points, the U.S. 10 Year Treasury yield has increased from below 4.0% to around 4.8%. US 10 Year Treasury Yield Obviously with the U.S. 10 Year at record levels last seen in August 2007, the markets freaked out lately whenever inflation data came in hotter than expected that enforced the rhetoric that the Federal Reserve will hike one more time in 2023. The last time the U.S. 10 Year Treasury topped 4.5% was in August 2007 Equity valuations are usually compared with a risk-free rate, where most analysts peg it to the U.S. 10 Year Treasury yield. Yield Curve Un-Inversion Taking Place T10Y2Y The chart above shows the U.S. 10-year minus the U.S. 2-year, which currently sits at minus 30 basis points. Compared to early July,

Apple $Apple(AAPL)$became the world's first$3 trillion company for a brief time during intraday trading on Jan 3 this year. Due to the bear market in 2022, Apple has fallen to a 52-week low of $129.04 but has recovered most ofits losses in the last 2 months, and now is valued at $2.77 trillion market cap. That's just another 8.3% to the $3 trillion market cap. It is now 6.3% away from its 52-week and all time high of $182.94.AAPL YTD -5.44%Recent news have been quite bullish for Apple, as it is just about a month away from iPhoneseason, where it is rumoured that Apple askedits suppliers to increase production for its next iPhone, and the iPhone 14 is expected to seeas much as 15% increase in prices. Some analysts have also said that Apple may

Adobe ( $Adobe(ADBE)$) plunged almost 17% on Thursday when it reported its earnings. This was in addition to the market's reaction on its $20 billion deal on acquiring Figma, a collaborative design platform developer, in a half cash, half stock in which Figma's employees would receive 6 million additional Adobe restricted stock units that will vest over four years from closure of the deal.Adobe expects Figma to add to the company's earnings by the third year of the after the deal's completion, and it suggests that Adobe's earnings would see a negative impact for two years.Additionally, Adobe guided their fourth quarterfiscal 2022 revenue to $4.52 billion and EPS of $3.50 per share, while analysts had expected$4.6 billion and $3.47 EPS.In terms of

Is GigaCloud the next AMTD? GigaCloud Technology $GigaCloud Technology Inc(GCT)$traded for the first time opening at $19.20 after pricing 2.94 million Class A ordinary shares at IPO price of $12.25. The stock reached a high of $21.22, before sliding to alow of $12.51. The stock closed at $15.69 but has since gained about 16% in after hours, at $18.20.Based in Hong Kong, GigaCloud provides e-commerce solutions for the discovery, payment and shipping of large merchandise such as furniture and appliances. The company connects manufacturers based primarily in Asia with online resellers in Asia, the US and Europe.Total outstanding shares is 30.43 million, compared to the 2.94 million available shares. Will this become the next AMTD

The S&P500 gained 2.47% this week at 4070.56, adding to the overall positive start to 2023. It has since gained in three out of the first four weeks of 2023. S&P 500 breakout It has finally broke out of the long term trend line in red that also coincided with the 200 MAand managed to stay above it this week. The 50 MA is above 150 MA, and the 50 MA is getting close to crossing over the 200 MA (but not yet). Will Powell throw cold water at the market? Ahead of the FOMC meeting and rate hike decision to come on Feb 1, the market expects 25 basis points hike to bring the Fed funds rateto 4.5% to 4.75%, current probabilities from the CME FedWatch tool show 99.2% of a 25 bp hike. CME FedWatch tool for Feb 1st Looking ahead at the March and May meetings, the market has 82% chance th

$Apple(AAPL)$Heading towards the next iPhone 14! Maybe I should get a new MacBook Pro M2 if it launches at the same event!