I remain more confident in Singapore's banking sector than the recent retail-driven rally in SpaceX. I currently hold a 5x leveraged long position on SGX-listed bank exposure, and the strong earnings from DBS, OCBC, and UOB reinforce my bullish view. The STI's gains are supported by solid fundamentals, healthy profits, and consistent shareholder returns.

SpaceX's rally despite its massive lock-up expiry was impressive and reflects strong long-term investor confidence. However, I expect it to remain much more volatile than Singapore banks, so I prefer treating it as a long-term investment instead of chasing short-term momentum.

The recent selloff in Micron, Western Digital, and SanDisk hasn't changed my outlook. I see this pullback as an opportunity to accumulate quality semiconductor names at better valuations while staying patient and focused on long-term fundamentals.