Alan Long

TradingKey - Last Friday (September 4), US stocks broadly declined, but the storage sector bucked the trend and strengthened. Western Digital (WDC) rose 5.86% to close at $467.46, after touching an intraday high of $468.19. Storage stocks such as SanDisk (SNDK), Micron (MU), and Seagate (STX) also advanced, signaling relative short-term strength in the storage sector.

TradingKey - As of the European session on September 7, the US dollar traded weaker against the Japanese yen (USDJPY) below 155.50. Although the US August non-farm payrolls data released last week far exceeded expectations, briefly driving a rebound in the dollar, the yen's recent performance has remained strong. Rapidly rising expectations of a September rate hike by the Bank of Japan, coupled with market vigilance over potential foreign exchange intervention by the Japanese government, have caused USDJPY to pull back continuously from near 164 in late July, with its cumulative decline now approaching 5%.

TradingKey - As of the Asian session on September 7, gold prices (XAUUSD) extended their downward trend following last Friday's release of US non-farm payrolls data, trading lower near $4,390. The US August non-farm payrolls data released last Friday significantly exceeded market expectations, altering the market's previous assessment of a rapid cooling in the US labor market and further raising expectations of a Fed rate hike in September. As a result, the US dollar and US Treasury yields rose, putting gold under renewed pressure from interest rates.

TradingKey - U.S. stocks generally weakened last Friday as strong non-farm payroll data heightened Fed rate hike expectations, sending the S&P 500 down 0.4% and the Nasdaq down 0.3%. However, the memory chip sector bucked the trend to become one of the market's strongest areas. The Roundhill Memory ETF surged 6.61%, while SanDisk (SNDK) jumped 11.90% to $1,740, becoming the best-performing stock in the S&P 500 that day. Micron (MU), Western Digital (WDC), and Seagate Technology (STX) all recorded gains of around 6%.

TradingKey - On September 4, Eastern Time, the three major US stock indices all closed lower. US August non-farm payrolls data far exceeded market expectations, reinforcing investors' bets on a Federal Reserve rate hike in September. US Treasury yields and the US dollar rose in tandem, weighing on o

TradingKey - Palo Alto Networks (PANW) delivered better-than-expected results in its latest earnings report, yet its stock price dropped significantly. On September 2 Eastern Time, PANW fell 9.28% to $328.48, touching an intraday low of $321.39; compared with its closing price of $382.13 on August 31, its two-day cumulative decline has exceeded 14%.

TradingKey - On August 31, Nvidia (NVDA) announced a $3.5 billion investment to subscribe to convertible bonds issued by MediaTek, while expanding their partnership across AI data centers, local AI computing, and smart vehicles. MediaTek will also adopt Nvidia's NVLink Fusion platform to help cloud service providers and major tech companies develop custom XPUs that can connect to Nvidia AI systems.

TradingKey - The U.S. Bureau of Labor Statistics will release the August nonfarm payrolls report at 8:30 AM Eastern Time on September 4. Following hawkish signals from Federal Reserve Chair Warsh at Jackson Hole and rising international oil prices reigniting inflation concerns, this employment report will be one of the most critical macroeconomic data points ahead of the September FOMC meeting.

TradingKey - After the market close on September 2 ET, Broadcom (AVGO) released its third-quarter earnings report. The data showed that AI revenue continued to maintain robust growth, but the stock price failed to rally in tandem, dropping over 6% in after-hours trading at one point. What is the reason behind this? Can Broadcom's stock still rise?

TradingKey - Broadcom (AVGO) recently disclosed the AI compute deployment plans for Anthropic, OpenAI, and Meta (META), forecasting that demand for its custom AI accelerators (XPUs) will further accelerate in 2027–2028 as major AI companies continue to expand infrastructure investments.

TradingKey - On September 2, Eastern Time, the three major US stock indices rebounded collectively, snapping a three-day losing streak. Investors re-entered the market following recent pullbacks in tech and select cyclical stocks, while AI-related equities such as Nvidia (NVDA) and Dell (DELL) gaine

TradingKey - As of the Asian session on September 2, gold prices (XAUUSD) fell below $4,300 intraday to a low of $4,282.45, and were last seen consolidating near $4,320, marking a cumulative pull-back of nearly 9% from last week's peak of close to $4,700. A recent significant escalation in the US-Iran military conflict has driven a sharp rally in international crude oil prices (USOIL). Meanwhile, rising expectations of Federal Reserve rate hikes, a strengthening US dollar, and a rapid climb in US Treasury yields continue to put downward pressure on gold.

TradingKey - After the market close on September 1 ET, Dell Technologies (DELL) reported its second-quarter fiscal 2027 financial results, with the latest report once again demonstrating rapid growth in demand for AI servers. Dell shares fell 4.44% to close at $435.76 on the day, marking a third consecutive session of decline. However, following the release of the better-than-expected results, the stock surged over 8% in after-hours trading, reflecting a recovery in bullish market confidence and suggesting the stock may resume its previous upward trend.

TradingKey - As of the Asian trading session on September 2, international oil prices rose sharply, with WTI crude (USOIL) reclaiming $90 and Brent crude (UKOIL) surging above $95 to hit a high of $97.04. Meanwhile, gold prices (XAUUSD) continued to slide, with spot gold dropping to around $4,300. The further escalation of the US-Iran conflict drove up energy prices and global bond yields, becoming the primary trading driver in the commodities market.

TradingKey - On September 1 ET, the three major US stock indices closed lower across the board, with the Nasdaq falling by over 1%. The US launched another airstrike against Iran, further escalating the US-Iran military conflict, which pushed international oil prices sharply higher and drove US Trea

TradingKey - As of August 31, Eastern Time, Micron (MU) shares rose 2.77% for the day to close at $958.73, reaching an intraday high of $959.78. Following a sharp pullback from above $1,250 at the end of June, Micron's stock price has recently been consolidating in the $800–$1,000 range. As the stock currently approaches $1,000 again, its short-term trend is showing signs of improvement.

TradingKey - As of August 31, Eastern Time, SanDisk (SNDK) shares staged a strong rebound, closing up 5.5% for the day and hitting an intraday high of $1,572.69, with trading volume reaching approximately 23.38 million shares, significantly above its recent average. However, compared with the high of $2,354.39 set earlier this year, SanDisk has still pulled back about 33%, with the stock currently in a phase of range-bound consolidation following its previous major rally.

TradingKey - According to a Wall Street Journal report, artificial intelligence company Anthropic has signed a cloud computing deal worth approximately $35 billion with AI cloud service provider Lambda. Backed by Nvidia (NVDA), Lambda will help expand Anthropic's Nvidia GPU-based computing capacity to meet the growing compute demands of its AI products, such as Claude. However, this news has not yet been confirmed by Anthropic.

TradingKey - On August 31, US Eastern Time, the three major US stock indexes closed lower across the board, with the Dow posting a relatively pronounced decline. The re-escalation of the US-Iran military conflict over the weekend pushed international oil prices back above $90, rekindling market conc

TradingKey - As of the Asian session on August 31, gold prices (XAUUSD) extended Friday's decline, briefly dipping below $4,400 intraday to hit a low of $4,396.36. Last Friday, gold closed down more than 3% as hawkish remarks from Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium significantly boosted expectations for a September rate hike. Meanwhile, the escalation of the US-Iran military conflict over the weekend and rising international oil prices have further heightened inflation concerns, placing heavy pressure on gold's upward trajectory. However, technical analysis suggests that gold still has potential for upside gains.