Shesa's Investment Blog

Welcome to my Weekend's update Last week was a roller coaster ride for the technology investors. Nasdaq experienced a sharp drop after the FOMC meeting on Wednesday. It almost reached to the correction territory, down -9.85%  from its all-time high. The AI and semiconductor related stocks were decimated but finally saw some light at the end of the tunnel as market bounced back on Thursday and Friday due to strong earnings from Microsoft and Amazon. The market jitter was aggravated after the press conference of Fed chair Kevin Warsh. The investors got confused about FED's action and got panicked. Having said that, stocks finished higher for the week capping a volatile July with a rebound driven by strong Big Tech earnings that eased some AI-spending concerns. For the full month of July, the Dow eked out a small gain 0.3%, while the S&P 500 was down -0.1%  and the Nasdaq fell sharply -3.2% .  Economic report last week   The FOMC kept the interest ra...

Welcome to my weekend's updates U.S. investors and traders showed continued concern despite  good Q2 earnings. The AI related semiconductor stocks continued sharp sell-offs despite their solid results. In other words, investors did not seem to care about good earnings, rather it was a classic “sell-the-news” reactions.  The Nasdaq was the worst performer, hit hardest by the sell-off in mega-cap tech and semiconductor stocks. Most of the chip names are in bear market down more than 20-30%. The “Magnificent Seven” collectively lost hundreds of billions in market value amid investor concerns over elevated AI capital spending and so valuations concern.  Strong fundamental results from AI-related companies were met with skepticism rather than celebration. Investors appeared more focused on the sustainability of AI spending, the impact of elevated oil prices on inflation and rates, and the broader geopolitical backdrop than on pure earnings beats.  The  ongo...

Welcome to weekend's update Last week the stock market was marked by volatility, a pullback in major indices driven by tech/semiconductor weakness, concerns over AI spending, and geopolitical tensions in the Middle East (U.S - Iran). The current market has not been favorable for the AI/tech investors.  The options expiration caused more volatility, with semiconductors and AI-related names under significant pressure and keep getting slaughtered. The  e scalating between U.S. and Iran tensions pushed oil prices higher $82.49 per barrel.  The big technology companies will start reporting starting this week. There are a few key earning which I will write later. First, let's take a look at last week's stock rake performances.    • S&P 500 : Closed at 7,457.69, down -1.6% for the week.  • Nasdaq : It was hit harder, down -2.9% for the week, closing near 25,520. There were heavy selling for technology stocks, especially in chips, was the primary reason ...

Welcome to the weekend updates The U.S. stock market ended the week with modest overall gains. Both Nasdaq and S&P 500 gained but Dow pulled back a little bit. The Nasdaq led the advance on renewed enthusiasm for AI and technology stocks. Broader market breadth improved somewhat, with participation beyond just mega-cap tech names. Volatility stayed relatively contained.  There were not much economic activities.   Oil picked up slightly after the renewed strike by U.S. The 10 year Treasury Bond yields remained around 4.55% range. The Q2 earnings  will kick-off this week. But first let's see the stock indices: • S&P 500: Up 1.2% for the week, closing at 7,575.39 on Friday. • Nasdaq: Gained about 1.7% , closing at 26,281.61. • Dow: Lost about -0.5% , closing at 52,637.01. For the year, the S&P 500 up around 10-11%, the Dow up about 9.5%, and the Nasdaq up about 13%. Other News South Korean chipmaker SK Hynix made a blockbuster debut on the Nasdaq...

                                                                                                         By Shesa Nayak Welcome to Shesa’s investment Blog!  U.S Stock Market Update After spectacular two months, the month of June delivered a mixed but constructive month for U.S. stocks, characterized by volatility, sector rotation, and continued strength in the broader market. After a powerful spring rally, the market consolidated with signs of healthier breadth as leadership broadened beyond mega-cap technology names. Many individual technology stocks, especially in semiconductors experienced sharp sell-offs last week despite the fact that Nasdaq went up. The rotation t...