whatsyourtradingangle

30/08/2026

‘Stay away from the crowded trade!’

INVESTIFY is our annual PhillipCapital investment conference that brings together leading fund managers and industry experts to share insights on global markets, investment strategies and emerging themes.

For me as a Principal Trading Representative and senior advisor, it’s a valuable platform for me to stay ahead of market developments, broaden my perspectives and bring fresh, informed ideas to my team and my clients.

Always learning, always evolving - see you at INVESTIFY 2027!

09/08/2026

Don’t swim naked! Participate but Protect!
Drop me a line to enquire

On Monday, 1 June 2026, 10.10pm, I emailed clients my latest market update titled, 'Markets at All-Time Highs: Participate, but Protect', offering key insights on the S&P500 and more.

The S&P500 was once again pushing towards all-time highs, having recovered rapidly from the March geopolitical-driven correction.

On the surface, all appeared well. Yet beneath the headlines, softer jobs data, weakening consumer sentiment and growing signs of stress among US consumers suggested a more fragile underlying economy.

In this memo, I examine both sides of the equation:

- Bear case: Elevated valuations + continued downward revisions to US jobs data.

- Bull case: ~US$750bn of AI capex still has to flow through the broader AI value chain, potentially providing a significant tailwind to the US economy.

In other words, in previous economic cycles, sustained weak jobs data would typically have resulted in a far less bullish macro outlook and more conservative US equity valuations.

Today, the AI capex cycle is effectively acting like a super strong ‘steroid injection’ into an otherwise ailing patient - giving the economy and markets a new lease of life.

But this cuts both ways: the longer markets rely on AI to sustain the growth narrative, the more painful the downside could be if the AI story falters prematurely.

More importantly, I introduce my strategy & solution for navigating this unusual environment: 'Participate, but Protect'.

Rather than trying to predict the next correction, the objective is to remain invested while introducing a layer of capital protection.

Thus the key question is:
How do we continue participating in the AI story without leaving everything exposed?

Indeed, the S&P500 went on to hit a fresh all-time high on 2 Jun, before the current stock market weakness - highlighting precisely why I believe this approach is worth considering.

I share my thoughts and two practical use cases in the latest memo.

To get the low-down on the full writeup, pls click here:
https://tinyurl.com/participatebutprotect

As always, please do your own due diligence and assess how these views align with your portfolio positioning.

Best regards,

Thomas Ng, CMT
Principal Trading Representative
首席股票经纪

06/08/2026

On Monday, 1 June 2026, 10.10pm, I emailed clients my latest market update titled, 'Markets at All-Time Highs: Participate, but Protect', offering key insights on the S&P500 and more.

The S&P500 was once again pushing towards all-time highs, having recovered rapidly from the March geopolitical-driven correction.

On the surface, all appeared well. Yet beneath the headlines, softer jobs data, weakening consumer sentiment and growing signs of stress among US consumers suggested a more fragile underlying economy.

In this memo, I examine both sides of the equation:

- Bear case: Elevated valuations + continued downward revisions to US jobs data.

- Bull case: ~US$750bn of AI capex still has to flow through the broader AI value chain, potentially providing a significant tailwind to the US economy.

In other words, in previous economic cycles, sustained weak jobs data would typically have resulted in a far less bullish macro outlook and more conservative US equity valuations.

Today, the AI capex cycle is effectively acting like a super strong ‘steroid injection’ into an otherwise ailing patient - giving the economy and markets a new lease of life.

But this cuts both ways: the longer markets rely on AI to sustain the growth narrative, the more painful the downside could be if the AI story falters prematurely.

More importantly, I introduce my strategy & solution for navigating this unusual environment: 'Participate, but Protect'.

Rather than trying to predict the next correction, the objective is to remain invested while introducing a layer of capital protection.

Thus the key question is:
How do we continue participating in the AI story without leaving everything exposed?

Indeed, the S&P500 went on to hit a fresh all-time high on 2 Jun, before the current stock market weakness - highlighting precisely why I believe this approach is worth considering.

I share my thoughts and two practical use cases in the latest memo.

To get the low-down on the full writeup, pls click here:
https://tinyurl.com/participatebutprotect

As always, please do your own due diligence and assess how these views align with your portfolio positioning.

Best regards,

Thomas Ng, CMT
Principal Trading Representative
首席股票经纪

02/05/2026

Thank you for having me, Andrea Heng, and to PhillipCapital for arranging this insightful interview with CNA earlier this month.

With US equities once again at all-time highs, the key question remains - did you buy the dip?

In this interview, I share my thoughts on how I approach market drawdowns, and the key considerations I look at when deploying capital during periods of volatility.

Watch the full CNA interview here:

20 likes, 4 comments. "Buying the dip during uncertain times | Money Talks"

25/04/2026

⚠️ Important Notice ⚠️

It has come to my attention that there is an impersonation account on Instagram posing as me and reaching out to followers to join a WhatsApp group.

Please note:

- I will never ask clients to join investment groups via unsolicited messages

- I do not provide advice or recommendations through unofficial chat groups

- All official communication will come through my verified channels

If you receive any such messages, please ignore, block, and report the account.

They say imitation is the sincerest form of flattery - but in this case, it’s also misleading and potentially harmful.

If in doubt, feel free to reach out to me directly to verify.

Stay safe and thank you for your continued trust.

23/04/2026

I’m hiring - join my team!

Trading Assistant (Full-time)

You will work closely with a Principal Trading Representative and support the ex*****on and settlement of client equity trades across global markets.

The role involves equities ex*****on, handling clients’ settlement and margin matters, account opening, and managing day-to-day client queries. You may also be required to be stationed at an Investor Centre to attend to walk-in clients.

We’re looking for someone meticulous, responsive, and comfortable engaging HNW clients in a fast-paced environment.

For full details and to apply, please visit LinkedIn:
https://www.linkedin.com/jobs/view/4402780855/

Thank you.

Thomas Ng, CMT
Principal Trading Representative
首席股票经纪
www.thom-ng.com

04/04/2026

Delighted to be invited by Phillip Capital Management (PCM) in late February to attend their Market Outlook Symposium & Appreciation Luncheon 2026, along with the special “Nature in Focus” experience at the Singapore Oceanarium.

Beginning the morning immersed in marine life before transitioning into markets and macro discussions at the Resorts World Sentosa Convention Centre was both refreshing and symbolic. In many ways, it reflects PCM’s philosophy - understanding the broader ecosystem, whether in nature or in capital markets.

Established in 1995, PCM has grown into a respected independent fund manager and continues to stay ahead of the curve - from launching tokenised USD Phillip Money Market Funds to expanding its innovative ETF offerings.

The firm is also a strong advocate of sustainable investing, integrating ESG considerations through its disciplined “Review, Reinforce, Reward” framework. By incorporating environmental and social factors into its investment decisions, PCM reinforces the belief that long-term returns and responsible stewardship go hand in hand.

Thank you once again to the PCM team for the warm hospitality and for curating such a meaningful and insightful event. I look forward to continued collaboration and shared conversations on navigating markets with both conviction and responsibility.