23 May 2023
Bigger Picture: Mega-cap melt up
Can anything stop the mega cap tech stocks melt up?
With big names like Nvidia and Microsoft exploding past their 50 and 200 day moving averages, do charts and indicators still make sense?
Plus, Apple receives a rare downgrade, China bans Micron and it's unlikely to be the last.
Should investors be concerned?
Phan Vee Leung, CIO, Trackrecord unpacks it all on Bigger Picture.
Presenter: Sean Cheong
This podcast is edited by Anthea Ng (nganthea@sph.com.sg)

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Listen to his previous podcasts:

5 April 2023
Bigger Picture: Is the US dollar's global hegemony nearing its end?
The US Dollar Index (DXY) dropped to the fresh low since February late Tuesday, as softer US data joins downbeat fundamentals to weigh on the DXY.
Is the dominance of the US dollar in global trade also facing a significant challenge with emerging global economies, such as China and India, stepping forward to trade in their own currencies?
As the world's second largest economy, China has been steadily increasing the use of its currency in international transactions, with many countries, including the members of BRICS (Brazil, Russia, India, China, South Africa) bloc, now settling trade deals in yuan.
Bloomberg reported that China’s yuan has replaced the US dollar as the most traded currency in Russia, a year after the invasion of Ukraine led to a slew of Western sanctions against Moscow.
So, is the dollar dominance dissipating as China and Russia tilt towards a new currency bloc?
Willie Keng finds out from Phan Vee Leung, CIO, Trackrecord in this latest episode of the Bigger Picture.

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26 January 2023
Bigger Picture: Currencies to benefit the most from China's reopening
Phan Vee Leung, CIO, Trackrecord shares why the AUD may not be the best way to ride the reopening narrative for China's economy.

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22 August 2022
Bigger Picture: Jerome Powell’s speech at Jackson Hole Symposium
Phan Vee Leung, CIO, Trackrecord Asia discusses about the upcoming Jackson Hole Symposium in which Federal Reserve Chair Jerome Powell will be expected to speak on the economic outlook and Fed’s resolve on raising interest rates.

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11 February 2022
Bigger Picture: US Inflation surges to a 40-Year high
Phan Vee Leung, CIO, Trackrecord Asia shares what the latest US inflation numbers with the Consumer Price Index reading for January will do for Fed policy and the number of rate hikes we can expect.

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17 January 2022
Bigger Picture: Crypto vs Fed tightening
Phan Vee Leung, CIO, Trackrecord Asia, discusses how cryptocurrencies will perform against a backdrop of tightening Central Bank policies.

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14 December 2021
Bigger Picture: How and when to buy tech stocks
Phan Vee Leung, CIO, Trackrecord Asia, discusses why traders should not always wait for stocks prices to drop to a good discount before buying them.

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19 November 2021
Bigger Picture: Cryptocurrency market correlations
Phan Vee Leung discusses what's driving the recent sell off in cryptocurrencies and if we can expect USD strength to continue.

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3 September 2021
Bigger Picture: Navigating China's crackdown and taper talk
Phan Vee Leung, CIO, Trackrecord Asia, shares his views on battered down Chinese stocks and what tapering by the Fed and ECB will eventually mean for investors.

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8 June 2021
Bigger Picture: Global minimum tax rates, inflation & analysis paralysis
Phan Vee Leung, CIO, Trackrecord, discusses how investors can figure out how to navigate the noise and headlines as markets struggle for direction.

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3 May 2021
Bigger Picture: Takeaways from Berkshire Hathaway’s Annual Shareholder Meeting
Phan Vee Leung, CIO, TrackRecord Asia, talks about takeaways stood out for him from Berkshire Hathaway’s annual shareholder meeting where we saw Warren Buffett and Charlie Munger reunited.

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9 April 2021
Bigger Picture: Short USD, long technology
Phan Vee Leung, CIO, TrackRecord, discusses why despite risks of rising bond yields he's still recommending to go short on the greenback, and why he's long NASDAQ futures despite the wider narrative around sector rotation from growth to cyclical.

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9 March 2021
Bigger Picture: USD hits highest levels in over 3 months
Phan Vee Leung, CIO, Trackrecord discusses why the USD has gained 2.7% year to date despite wider expectations of a weakening greenback heading into 2021, and why investors should also get out of cash ASAP to avoid value erosion.

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28 December 2020
Bigger Picture: Bitcoin buzz, USD under pressure, Sterling to fizzle
Phan Vee Leung, CIO, TrackRecord Training Academy discusses why investors should move out of cash which is likely to underperform again in 2021.

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18 September 2020
Bigger Picture: BOE explores negative interest rates
Phan Vee Leung, CIO, TrackRecord Asia, talks about the upside ahead for technology stocks, and his outlook for the British Pound and US Dollar.

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