May 2026 Market Updates: Is the pull back an Opportunity?

Ajouté : 2026-05-20

[00:00:00]We have some warning for the market which we already detected recently. Best day for Cisco stock since 2011. AMD also reporting a very strong quarter one earnings. Copper, silver, uranium, lithium, steel likely may still benefit from all these uh reshoring activities.

[00:00:14]Okay, good afternoon everyone and welcome to our monthly market updates for busy people series. It's the month of May and we are here to help you to get up to date with the global stock market while you are having your lunch.

[00:00:25]I'm Li Chai, a financial market analyst and coach at Beyond Insights and this is your express session to get up to date with the stock market. Okay, just an important note before we proceed.

[00:00:33]Whatever we share here today is based on the latest data and facts. If there is further development, things may change and we want to make sure that you are we are not a licensed investment advisor.

[00:00:40]What it means is we do not give buy or sell signals and we do not manage customer fund. We are an educational institution. So our purpose here is to educate people so that you can make your own decision and be your own investment manager. That way you have better control over your decision and be able to get better result. If you are looking for stock picks, this is not the place for it. All information we share here is meant for educational purposes only and must not be taken as a recommendation to buy or sell. Okay. So let me start the timer. So as usual, let's start with the market highlights first. So what happened in the month of May or I would say over the past month. First of all, we have some warning for the market which we already detected recently based on the macroeconomic data and also some of the important indicators. So first of all about the monetary policies and we saw a warning coming and since the market was very bullish is due for a pullback or a correction. All right I would say a pullback first. So what are all these factors that causing that we issue a warning about the monetary policy. So first of all will be the new fat chair. Kevin Walsh confirmed as a new fat chairman. And usually when there is a new fat chair there will be some uncertainty. there will be some uncertainty about the fed policy or the central bank policy and in this case usually market are very sensitive to all these uncertainties and to back that data up we also have the one of the hottest inflation since May 2023 so the latest April inflation data coming in in 3.8% which is one of the high because of the oil inflation and the core inflation up to 2.8%. And the producer price index which usually is a leading indicators for the inflation which track the supplier or not supplier the factory cost inputs also have the biggest jump since March 2022. And for the fat funds future which is the interest rate futures they already factor in the the future I would say the futures for interest rates the traders already priced in for a zero cut for 2026. But of course based on the projection from the fed back in March it still have one cut for 2026. That was the official answer from the Fed. But based on the traders, the futures trader on interest rate, they already factor in zero cuts in 2026. And in fact, the they also factor in some rate increase in April 2027. The odds for rate hike has been increasing by for April 2027. And this will be one of the important warning sign for the market because all this while the market was so bullish because of they already factor in a potential rate cut in 2026 and it may due for a correction because of all these uh important economic indicators data and on top of that also a new fat chair coming in and this caused a lot of uncertainties and the 30 years bond yield also break above 5%. And also the US 10-year yield also broke above the resistant in the chart itself. And this is also a major warning because as if let's say bond yield is high, it means that traders also look at potentially going forward we may have a higher inflation. And the G4 nation like for example uh England, Bank of England, Bank of Japan and also European Central Banks. All these important central banks also remain their own hawkish view.

[00:03:42]Right? Bank of England and uh Bank of Japan and also European Central Bank.

[00:03:47]Some of their member already start to come out and talk about oil inflation and potentially may want to pause their rate card and potentially increase the interest rate as well. And this caused some important warning or this issue some important warning to the market especially now we are at a very stretch market and also overall a lot of stocks already rallied way above their uh their values. All right. So in this case it may view for a pullback but the pullback could be a good opportunities to take a look on all these strong companies or company in the industry that's still favorable in the big cycle for example like the AI big cycle.

[00:04:24]Other than that another important event will be Trump and C summit in China. So this interpreted as bullish for the market because this show strategic stability at least both of them are meet up and having a discussion and uh there is a constructive uh strategic stability framework has been agreed. So you can see that uh some of the deals has been ongoing but not a very strong deal. For example, no cheap deal uh between Beijing and uh China uh Beijing China and also US and but at the same time good news is it did not escalate as well. All right. So Beijing did not raise the export control. US also don't didn't raise any export restriction just that no major chip deals agreed. But however, Nvidia do have some small deals or some cheap deals ongoing as well which allow to sell to some of the Chinese uh companies. Then for Boeing the order coming smaller than expected even though there's a Boeing jet deal but the off uh the deal actually come in smaller size. This caused some correction or the pullback in Boeing stock as well. And also at the same time Sigin Pingo issue warning about Taiwan.

[00:05:25]So he mentioned about any mishandling of Taiwan's trade issue may put the US China relationship into jeopardy. So in this case it caused some uh headwinds or I would say a double a sword for all these semiconductors company because as we know Taiwan is a major semiconductor hub and however overall market do see that all this meet up the news actually is benefiting some of the US AI hardware companies. You can see some of the US AI companies or hardware companies react positively to this news.

[00:05:56]And another important update about one of the major uh mega trend this year will be the AI. So during Cisco earnings, the CEO actually mentioned about AI networking super cycle. And this was the best day for Cisco stock since 2011 during the earnings announcement and they do mention in their earnings about the AI orders actually tripled year on year. So in this case the AI super cycle not only in the AI chip but now is also into the AI networking chip as well as more and more data center constructed and the CEO declared a AI networking super cycle I mentioned earlier and this caused a rally in the AI stocks as well or the AI related semicon stocks as well. So Nvidia at one point surpassed 5.5 trillion market cap of course yesterday uh because of broad market sentiment they pull back as well and the earnings is coming this week. All right. So these ones are mistake here. Earnings is this week and also at the same time we have this uh Sarah Brass IPO which is another semiconductor companies which claim to be a competitor for Nvidia but for now it's still early to tell and this is the largest US tech IPO since Yuber. So in this case we see more and more semicon stocks coming in as well. and AMD also reporting a very strong quarter one earnings and applied materials which is one of the semiconductor equipment company wafer fabrication equipment company also raised their AI outlook so from here we can see that this bull market or this bull run actually backed by all these fundamental data which mean that companies are doing well they're delivering results they're having their growth in revenue growth in margin and also the data center boom is actually supporting the market but however remember the market the market move 40% by uh uh 40% by macro and 30 uh sorry uh is like 40 30 all right so it's 40% by macro 30% by industry and 30% by the companies so the macro actually do see a warning but we do see that the AI super cycle potentially may go until 2028 2029 or 2030 so in this case it will be a good opportunity to take this advantage of a macro pullback to take a look or prepare uh trading plan or investment plan on all these AI related stocks.

[00:08:07]However, do do your own due diligence on all these company studies if you know how to analyze the fundamental data and also plan your risk management properly.

[00:08:16]However, later we'll go through the charts, some of the charts, but however, it's just a early sign of a pullback based on yesterday price action. So, do monitor important support level.

[00:08:25]And lastly will be the geopolitics and also oil and commodities update. So as we know Iran US is fire still very fragile and the oil price has been staying above $100 for a while. So in this case if let's say a prolong higher oil price this may cause global inflation and if let's say we have a global inflation then global central bank may have no choice but to increase interest rate. this one including US because oil invasion does affect us as well and other than that we also see that uh the recent talks has been a lot of like uh true and fro and no deal has been struck yet so do monitor for the sustained high oil price if let's say oil sustain the oil price sustain to be at a higher level this may cause inflation continue to trend up and other than that we also see that uh critical minerals in the past has been doing well especially over the past few weeks copper silver uranium lithium steel likely may still benefit from all these uh restoring activities. Restoring activities means that the US actually moving back factory back to the United States under the government policy. So as you can see a lot more and more companies start to set up factory in the US. For example like Intel setting more fat in the US. For example DSMC also moved some of their fat to the US and also at the same time more and more data center constructed in the US as well.

[00:09:40]And this caused all these uh critical minerals to have a price increase. But something to take note is with the monetary policy warning. All right, the US dollar may strengthen because of the uh higher inflation and also there is a a a factor of zero rate cut in 2026. So dollar may strengthen and usually when dollar strengthen all these commodity may pull back but I mentioned earlier because of the uh supply demand shortages for some of these uh raw m critical minerals if let's say there's a major pullback in these minerals it could be a good opportunity also but do do uh do do your own due diligence because uh yeah you always we always need to plan our own risk management whenever it come to investing or trading. So other than that, US also recently passed the clarity act uh from the Senate banking. So clarity act as we know previously will start with the Senate banking uh debate. So now it's already passed and now submit to go through uh the house and also the senate again. If let's say this one fully go through then US will have its own crypto uh framework. All right, it own crypto framework. If let's say this clarity act can be passed through the senate again.

[00:10:47]For now it's already passing through the senate banking committee. So it's now go back to the usual uh process. So do continue to monitor this part as well.

[00:10:54]And I mentioned earlier, USD continue to strengthen because of the monetary policy warning with the higher bond yield and also higher inflation and also like the market factor in a zero rate cut for 2026 and potential a rate hike in 2027 April. So in this case US dollar do strengthen and when US dollar strengthen usually it will be cause some pullback on foreign stocks that listed in the US and also pull back in some of these critical minerals and also all these precious metal and like gold and also silver. So do watch out for the strengthening dollar as it may cause more market volatility. Right? But however a pullback in the market would be a good opportunities to focus on all these industry that still having a very strong growth cycle and at the same time we also do notice that cyber security uh also rallied because of expanding AI threat. Right? So in this case cyber security stock do rally as well. And lastly will be the global defense market. As we know geopolitical tension has been uh ongoing for this few years and this wouldn't end. All right. So how many of you agree that geopolitical tension likely may be there over the next few years. So in this case countries are raising their defense budget. But however due to the deescalation of the Iran US tension or the war so these stock are having a pullback. So do monitor at a strong support level as well as they may reverse as the market rotate out from the tech stocks to other sector.

[00:12:20]So after going through all the key events or what are the key important events that happen in the market, let's take a look on the stock market performance and this chart is based as of 15 May 2026. So like usual uh as an investor or trader we usually want to go for the most consistent market or the most predictable market and in this case we can see that the US stocks all right so NASDAQ 100 and also S&P 500 has been consistently uh performed consistently all right we can see over the 10-year performance is around 500 over% and average per year is around 50 over% performance and in this case for S&P 500 over 10 years period around 285% % performance and also uh 28 almost like average 28% a year. So in this case we can see that the US stocks giving us the most predictable uh I would say most predict uh the most consistent return or the most consistent performance and also at the same time there's a lot of great companies there. However I mentioned earlier because of some macro warnings or some central bank warning monetary policy warning so they may pull back.

[00:13:27]Okay. So they may pull back from the pig here. All right to find a support. So if let's say you know how to do technical analysis you may identify all these important support level and also if you know how to study a great companies or identify great companies in the industry that benefiting from the current AI cycles or benefiting from all these uh major industry inflection points then this a pullback will be a good opportunities for traders or investors to take advantage of the pullback. All right. So in this case US I mentioned earlier having some monetary policy warning already because all these uh bond yield inflation and also the new fat share coming in already tell us there could be some uncertainty there and if let's say the oil price remain high then inflation may continue to trend up and the fat will have no choice but to onhold the red card or worst case if let's say inflation out of control they may also switch again to become uh to bring us into a red height cycle. So this one is important to monitor.

[00:14:25]Then other than that let's compare China as well. So China as we can see over the past 10 years has been almost like in a sideway even though it's trending up slightly. And one thing good about China will be recently the inflation has been rebounding. All right. So in the past market update I has been mentioning about China having a slowdown. Their inflation in the negative territory. So recently their inflation turned positive and now it's around one one% plus plus.

[00:14:49]So in this case we do see that China economy start to recover and the stock market yeah show some sign some sign of recovery but usually uh China stock market are easily affected by all these China government policies and also easily affected by all the trade war news and also geopolitic wise they are having a geopolitical tension with us and also the western uh western allies of the US. So in this case is quite uh quite a complex market and usually is for experienced investor. However, there are still good stocks in China. So if you know you you are an experienced investor, you want to diversify slightly away from the US, then you may also look for opportunity in the China market. And something I observe the recent Chinese uh bull market most of the stock that rally is government related corporate versus like the p the private sector stocks are still on a downtrend or still in a slower recovery. So more likely is the funds are going to the defensive sector in China as well by uh by accumulating those uh government related stocks rather than accumulating the private sector stocks. So China stock market you can see is a bit different.

[00:15:54]There's a lot of government corporate and also private sector uh companies and there are still have some fundamental issues in China for example the property market slowdown still not yet fully recover and yes over the past few years the factory has been over supply as well over building as well. So you can see that in the past their producer price index also in a negative region overproduced and also their inflation were low. So recent months start to recover. So do monitor for some recovery. If let's say you see the inflation in China continue to recover and the producer price index continue to recover as well. But overall is for a market for experienced investor because all these companies are easily affected by the government policy.

[00:16:34]And next one will be the hing market as we can see also almost like sideway over the past 10 years and uh Hong Kong also similar like China is easily influenced by the government policy even though it's a Asia financial hub but they do affect by the economy in China affected by the policy by the central government of China and also at the same time they are very sensitive to all these uh geopolitical trend tension like the trade war and so on. So in this case usually you may see double whammy for Hong Kong market. If US have a pullback, they also have a pullback. But something if let's say something happened in the ch China economy, they may also affected. So do if let's say you're experienced investor, there are still great stock in Hen market. But do do your own due diligence.

[00:17:15]And lastly would be the Malaysia market, the Busa FBM, KLCI. So in this case also looks like sideway over many years. But like I mentioned earlier, so recent years it has been some we do see some recovery. So first of all is because of the uh political stability. So in the past few years es especially after covid there has been some uh concern about political stability for Malaysia market and recent years we do see that the political situation has been stabilizing that's why Malaysia market start to recover and also at the same time data center boom. So as we know over the last two years Malaysia stock market has been rallied because of the data center boom as well and recently because of the US Iran war a lot of data center actually focused on Southeast Asia. Uh before that before the war most some of the data center actually focus on Middle East as well. Some of the funds actually move to Middle East to set up data center or some of the investment actually go to Middle East. But after the war happened more and more uh companies actually select Southeast Asia to set up their data center and Malaysia is one of the country that beneficial.

[00:18:20]In fact, it will be one of the top country in Southeast Asia to benefiting from this data center boom. And we can see that Johor state actually have a lot of data center construction going on and some of the construction companies has been beneficial. But of course after so many years of rally there's some correction as well or pullback as well and other than that because of the straight of uh blockade. So a lot of country actually shifting from traditional energy to clean energy. So in this case I our prime minister also mentioned about energy transformation project. So some of the clean energy uh stocks or company in the Malaysia also benefiting from this. All right. So this is the overall view for the stock market performance for different countries. And from here from here which country give us the most consistent performance. You may type in the chat as well which country give us the most consistent performance based on the chart here. And one of the reason why US give us the most consistent performance will be they still have the more high growth company and also in the those company that high growth are in line with the mega trends for example like AI. So how many of you heard of like strong companies or strong growth companies that are coming from US. You may type in the chat as well what are the companies what are AI companies that are having a strong growth and also strong fundamental that are coming from the US. All right. So from here we can just list out a few global brand names for you guys. So first of all like for example Nvidia even a trillion dollars cap stocks you can see the growth is still very impressive and they have a strong fundamental uh data also like companies like Google also is a even though it's a trillion dollars company but they are still having high growth. So we can see that a lot of these US companies are having higher earnings growth even though their market cap already in trillion dollars and they do provide consistent performance as well. So with the with the right market this actually increase our success rate in trading and also investing.

[00:20:11]So other factors that affecting the stock market would be would be money on the sidelines. So a record of $7.75 trillion in cash sit on the sidelines and this is a money market funds that track all the uh cash position by all these fund. So what is a money market funds? Money market funds refer to the funds where usually all these funds park their cash position. If let's say they are in like c they don't have they are not holding any stock. So when they have cash just like our FD let's say usually if let's say we have additional cash we will keep in the FD fixed deposit to earn the interest rate. Same for the all these funds that are in the stock market. So when they have cash position they choose to park the money in the money market funds. So in this case we can see that the money market funds continue to increase. There's some sign of pullback here to show that when you can see that during the ceasefire happened there is some pullback here.

[00:21:02]There's some pullback here. It show that some funds are rotating out from cash to other risk asset. It could be stock, it could be bond. But now after we see all this monetary policy warning, you can see it going up back which mean that some funds actually are taking profit either from the risk asset like for example stock market but we cannot precisely tell where they go. So we can see that there is some return to cash as well. And we do see that all these signs of higher bond yield and also uh higher inflation and the fat funds futures that show us some warning could be a potential reason why some of these uh funds are going back into cash and I mentioned earlier one of the reason why investor are holding cash is to take advantage of the high risk-free rate. So if let's say there is no rate cut this year the US interest rate around 4.5% which is still very high and if let's say become rate increase then more funds may move to the cash position as well and like I mentioned earlier the inflows return to money market funds after rotation into other risk asset earlier and this is likely because of the rising oil price we enacting the inflation fear all right so as let's say the oil price continue to remain high continue to remain above 90 or 100 then inflation for a lot of countries may continue to increase and also at the same time the markets are pricing in zero rate cut for 2026. The rally earlier was pricing in a red cut or a single rate cut in 2026. But now overall market participant are looking at hey potentially no rate cut and worst case potential a high in 2027. And this odd does shift according to our monitoring in the uh fat fund futures all these start to shift already the probability of the rate hike in 2027 and the rate cuts in 2027 actually is decreasing. the probability of a rate cut actually is decreasing for 2027 and rate increase is increasing for 2027 which is a warning sign as well and lastly let's take a look on what are the potential risk and opportunities to watch out for and as an investor usually you want to take care of our risk first all right before we take a look on opportunities so what are the potential risk out there in the market currently so first of all will be the fragile Iran ceasefire and this may cause the oil price to remain high and this is the main reason why inflation continue to spike higher in a lot of country and this actually pressure the consumer spending also it may cause some of the retail stocks or consumer discretionary stocks to pull back further and other than that is is the Taiwan headline risk and this could be a potential headwinds or potential like uh may may may temper some of the bullish case for semiconductor stocks and it could be a two-way catalyst in this case it may cause further pullback or if let's say uh it remain status quo It may also continue to support the bullish case for the semiconductor. So do watch out for any news related to Taiwan headline risk as well. But we do see that this may going on for a few years. So the most important thing is to manage our risk not to overexpose in all these stocks that are heavily rely on Taiwan. Then other than that will be the hawkish fat pivot. So usually in uh the central bank they have this term hawkish means that those uh policies that pro rate increase and if let's say dovish mean is the policy that pro rate cut. So in this case people do with all this data I shared earlier the higher bond yield the higher inflation and also at the same time the oil price continue to be high.

[00:24:24]So people do anticipate that that the fed or the central bank in the US may switch to a more hawkish policies and Kevin Walsh recently has been confirmed as a fat chair. So with the new fat chair coming in we don't know what is his policy stance are stance is. So in this case in the past Jerome Pow is quite predictable and now we have a new chairman. So his first press conference is very important which he may hint some of his policies or some of his policy stance or some of his belief or some of his style. So in this case his first press conference is very important which is coming June FOMC and also at the same time based on the futures market they are already pricing a zero rate cut in 2026. So upcoming June FOMC is very important because the Fed will also show their projection and based on the current futures market also the rate hike odds are rising which is bad for the market as well. So do take note of this uh uh monetary policy warning and other than that I mentioned earlier hot inflation so April CPI hottest since May 2023 PPI also biggest increase since March 2022. So these are some warning sign because PPI is a leading indicators and if inflation continue to trend up uh things may also evolve. All right. So the Fed may switch from rate cut to either rate pause or worst case rate increase. So inflation data the upcoming uh May inflation data that going to be published in June will be very important as well. And lastly another warning sign will be a rising bond yield. So we see that the 30-year bond yield actually go above 5% and top at 5.1%. And the US 10-year yield actually hit 4.6% and yesterday continue to go higher. So this is the highest since February 2025. So do monitor this part as well. All right.

[00:26:11]Do monitor the bond yield as well.

[00:26:12]However, all these are only the risk that we need to take care take care of.

[00:26:17]As long as you have a proper risk management plan, you would mitigate some of these important uh risk. And then with risk always comes opportunities as well. So what are the potential opportunities still there in the market.

[00:26:31]So first of all will be the AI network network super cycle or the AI super cycle as well. So as we know the AI industry cycle is not that going to end in this year is likely may continue until 2028 2029 and some even say 2030.

[00:26:45]So in this case we do see the capital spending or the investment spending from all these hyperskllers. Hyperscalers means company like Amazon, Google, Meta, Microsoft all of them continues to spend more and more money to build data center to upgrade their infrastructure for AI.

[00:27:02]So in this case it actually benefiting some of these uh AI related hardware company. For example, networking wise we have companies like Broadcom, we have company like Cisco are benefiting from this capeex spending, right? And if let's say you see a major pullback from the market because of all these uh monetary policy or macro related or geopolitical related events, it will be a good opportunities. However, do do your own study on some of these company first. All right? Because we want to manage our risk and also understand the fundamentals of the company first and of course the next one will be semiconductors. AI semiconductors especially. So AI compute demand remains strong and last few weeks entropic do report an 80fold search in their annualized revenue and this actually show that originally they expect a 10fold but now end up 80fold search in their annual annualized revenue. So this show that the AI compute demand is still high and the investment from all these hyperskllers actually still makes sense because 80 times increase almost 8,000% increase in the computing demand. So in this case is actually very is a very important signal to show us that hey all these AI related stocks potentially still have upside but because of the macro warnings short-term wise there could be a major pullback from the market or there could be some pullback in the market. I don't know I cannot see the future so I don't know how far it may pull back but a pullback could be a good opportunities for all these uh industry or company in this industry like related in all this industry super cycle. However, I mentioned as as usual, please do your own due diligence when you make any investment decision or trading decision. Other than that, also in the US, as we see data center continue to expand, it actually created a data center infrastructure boom cycle as well. So, we do see a power shortage in the US. We do see that all these onshoring activities continue to push the industrial companies uh revenue and also at the same time also push the commodity price to be higher certain critical mineral price to be higher. So these are potential opportunities as well. And next one will be the critical minerals for example like copper because of a few indust a few mega trends inflection point for example AI compute power you need more power demand and also you need a lot of copper to power the data center and also the same time electronic vehicle or smart vehicle autonomous vehicle also booming are about to turn to into a mass pro cycle as well. Uh especially as we have energy crisis more and more country are switching to clean energy. So this actually beneficial for copper as well and same for silver. Silver also is a byproduct of copper and now we are in a physical silver physical silver shortage and this also provides some tailwind for silver. However, do take note that all these critical minerals may pull back further when we have a strong dollar because of the incre of course steel. Steel because of onshoring a lot of construction uh also need steel. So this one also beneficial and uh lithium as well. lithium because of uh the EVs and also robotics trend.

[00:30:04]So lithium also benefiting and also of course US we have a power shortage. So they are talking about uranium also and this is a multi-year shortage for all these commodities and all these restoring activities like more and more data center construct in the US. More and more factory construct in the US.

[00:30:19]This may continue to uh cause shortage in all these critical minerals. But however this is uh a more volatile uh rel uh uh asset or I would say more volatile item. So do do your own due diligence as well for critical minerals.

[00:30:34]And next one will be oil and gas. So as we know a sustained oil price may benefit some of the oil and gas company.

[00:30:40]So if you have studying all some of these oil and gas company you may also focus on or diversify into some of the oil and gas companies.

[00:30:49]And lastly will be cyber security and also crypto and cyber security. As we know as AI agents continue to boom as we are now entering a aentic AI uh era. So more and more cyber security demand as well because as AI grow also it may also grow the we may also have more hackers in the cyber security space and cyber security demand will be increased in this case likely may increase in this case and like I mentioned earlier the clarity act passes the senate uh uh bank banking senate now is going into the approving flow again all right go through the house then go through the senate again and if let's say able to fully go through then US will have its own legal crypto framework and it may benefit benefit some of the crypto related stock in the US in this case. So do do your own due diligence to study all these companies in this opportunity section especially those uh coming from a super cycle industries and this will be a very great opportunities if let's say there is a more uh that there are some pullback in the market because of the uh monetary policies warnings.

[00:31:52]All right, since this is just a 30-inut market update, so we would like to invite you to the free 3-hour webinar that covers a framework on how to approach the stock market in a systematic, versatile, and safe way. All right, like I mentioned earlier, market is likely may have a pullback and this will be the best timing. All right, best timing for you to prepare yourself while the pullback about to happen. And we have the most systematic cost in the market. We have process that for every trading style. All right, from investing to swing trading to trend trading and we have versatile strategies to handle all the market conditions. For example, the current pullback actually there are some trading style or trading strategy that can be benefiting from the pullback as well and also we have a safe approach with proper risk management. So like I mentioned earlier the risk will be always there different cycle of the market you always will see a different kind of risk. The most important part is we understand what are the risk and how to manage them properly. So we don't simply risk our hard-earned capital. And now is the best time for you to learn this systematic way to trade or invest because like I mentioned earlier the pullback is coming and we have a lot of great opportunities in the industry super cycle. All right for example like the AI super cycle which may last another few more years. However you need to plan some time to practice and also pick up the skill set while waiting for the opportunities. All right. So we don't simply just like in in Malay we call it tam. So we don't simply tam. We may want to have a systematic way, understand, do our own study, do our own due diligence and make our own decision and take the best out of this opportunity. All right? So, get yourself ready when the opportunities come. And we also have a hybrid class for our workshop. We have face toface class. We have online class as well. So, do join us in a 3-hour webinar to find out more.

[00:33:33]And our next available webinar will be this coming Friday, all right? 2 p.m., right? 22nd of May. So please scan the QR code to register if you are interested or do send the QR code to your friend if you you see that uh this is beneficial for them as well. So other than that if you are interested in some of the topics I shared earlier like for example all the interest rate how I get all this data how I can see that hey why the odds of a rate cut is uh decreasing and the rate increase is uh rate increase is increasing all these odds actually uh requires some macro knowledge and we do have workshop for that as well. We do have macro insights workshop to cover how to study all these macro events, central bank policies, geopolitical like the war studies which we recently go through with our students and also we have industry insights which cover the different different industries in the market. For example, recently we covered the robotics industry and we study the upcoming supply and demand for all these robotics uh technology and also what are the supply chain dependency which mean that what are the supplier what are the customers all these robotics companies selling to and also time to time we do study data center infrastructure we do study upcoming we are going to study power shortage so do scan to register interest or you can contact our student affairs if you are interested and if you let's say you are our students you can contact our student affairs for more inquiry as And also we have company insights which recently we studied Micron in the last weekend as well and we do studies where some the some of the important details about Micron and also what are the valuations and we do see that yeah potentially this pullback could be a good opportunity but you can talk to our student affairs to find out more or scan the QR code here to register interest.

[00:35:15]All right. And if you find that our market update or our Monday market update is useful, do share it with your friends as well about this uh live session. And uh we do hope that you benefit or learn a lot through this market update as well. So with that, I'll open the floor for Q&A. So any questions, any question you may type in the chat regarding this.

[00:35:35]All right. So uh Reuben, all right. What comparison to UK foods and also Australian stock market. So I did not trade both market. All right. So uh UK market I see that uh there's a lot still some company great companies there but UK economy has been like not as strong as compared to other region like US. So I do see that US have more opportunity personally for me and for Australian market they are more affected by commodities. So if commodity do well then Australian market may do well. But if I say commodity not doing well then Australian market may not do well. This is based on my understanding and geopolitical wise or the trade policies wise they are stuck in between because most of the Australian actually doing business with China and with current geopolitical tension this may slow down some of the Australian uh companies as well. So if let's say you're from Australia, you're familiar with the with the stock market there. You can study some of the great companies there as well. But overall Australia is highly affected by the commodities and also at the same time the US China relationship may affect Australia as well. As we know Australia is a close allies of US but economy wise economy wise they are quite quite a a heavy trading partner with China. So in this case it may affect them as well. All right. And yeah US midterm election. US midterm election.

[00:36:48]So is it through a few months leading to the election historically most of the time market will correct. Okay. So to say that uh some of these data is based on statistics and we do see that usually market react according to the events that 6 to 9 months ahead. So react ahead. So if you see some uncertainties ahead for example a new fat chair or a midterm election. So usually when there is uncertainty the market may pull back and based on current information we have usually in the stock market we can only make the best use of the current information we have because we cannot see the future. So based on that we can see that some warning in the monetary policies and also the new fat share coming in cause some uncertainty and yes usually before midterm people usually worry about uncertainty. So funds may take this opportunity to take some uh profit especially if the market already rallied a lot. So in this case yeah there is a probability of some pullback ahead of the midterm election. So do take note of that as well. All right. So lastly all right what is your my opinion on semicon sector in the next six to 12 shell month any more upside any risk to enter during a pullback. All right. So yeah please do your own due diligence.

[00:37:59]So based on our study some of these companies in the semiconductor especially those in high demand or high shortage especially those technology that in high shortage or very high demand as well so some of them are still having very strong upside but some of them already rallied ahead of time like I mentioned stock market rallied ahead of time so if you if some of the funds or investor do see that potential of this company they may already uh go in earlier and now it's already very stretched so with the macro events coming in the warning all this monetary policy warning things may pull back further all right how deep the pullback will be I cannot tell because I cannot see the future but most important is you know how to analyze the chart itself you know how to identify where is the strong key support and do take your time to do some valuation on all these semiconductor companies some companies are still expensive all right some companies actually with the growth they are delivering they are having very good valuation right and some of the companies the growth and demand are captured or affected by their competitors. So in this case you need to do some study. All right. So if let's say you have a way to analyze some of these companies. Let's say you have a way to evaluate them. Then you can actually categorize and identify which company to prioritize during this major pullback or during this pullback itself.

[00:39:16]So when the the pullback happens near a strong key support you want to have a list that you already studied up front prepared up front. then identify which one is your priority for your investment and trading over the next one year for example right so there's a lot of information in the market so most important thing is you have a proper way all right or systematic way to like uh categorize them analyze them and also prioritize them all right so what about Mac 7 stocks upside so like I mentioned I don't have crystal ball I cannot see the future but some of the max 7 still have a potential good good uh potential upside because of the demand and growth in in the market itself. All right, they may have a potential uh uh uh revenue growth and also potential EPS growth for example. All right, so the most important thing is identify which companies already at the right valuation, which company is already way too expensive and need to correct more.

[00:40:08]So when the pullback happens, you have a list of watch list that are already predetermined or studied that which one for you to prioritize. And most importantly is also manage your risk at the same time because even though I said there's a pullback there is a strong support things anything can happen in the market because the market is very dynamic. So make sure you have a risk management also. So hope I answered your question. So with that that's all for today's market update. So thank you everyone for joining us today and uh if you find this market update is useful or help helpful to you do share it with your friends as well. And as usual, so we'll see you again next month in the next market update. And goodbye everyone for today. All right.