The Dow Jones continues its strong performance, while Micron pulls back from recent highs

US stocks diverged overnight, with the Dow Jones Industrial Average ( $Dow Jones Industrial Average (.DJI.US)$ ) continues its strong momentum, rising nearly 600 points and approaching the 52,900 level, setting another all-time high; Nasdaq 100 ( $NASDAQ 100 Index (.NDX.US)$ ) remains consolidating at elevated levels, dropping over 1% overnight to around 29,300 points, briefly testing support at the 50-day moving average. In the near term, it may trade within a range. For those bullish on the Dow Jones, consider bull certificates $SG#DJIA RC2612F.C (49653.HK)$ , with a call price of 49,000 points. Conversely, for those bearish, consider bear certificates $SG#DJIA RP28122.P (49649.HK)$ , with a recovery level at the 57,000-point mark. Bull certificates may be worth watching if you are bullish on the Nasdaq. $SG#NQ100RC2612K.C (49611.HK)$ , with a call price at 27,000. Conversely, for bearish views, consider bear warrants $SG#NQ100RP2812F.P (49614.HK)$ , with a call-back price at 31,500 points.

Terra ($Tesla (TSLA.US)$ ) Q2 delivery volumes significantly exceeded market expectations; however, market focus has shifted to progress on FSD and Robotaxi, causing the stock price to drop by over 7% overnight to around USD 393, weakening its short-term outlook. Call warrants may be worth watching if you are bullish on Tesla. $SG-TSLA@RC2610A.C (11134.HK)$ , with a strike price of 490. Conversely, if bearish, consider put warrants. $SG-TSLA@RP2612A.P (11135.HK)$Conversely, if bearish, you can look at , with a strike price of $330.

Micron ( $Micron Technology (MU.US)$ ) Retreated from its high of USD 1,250 and fell below both the 10-day and 20-day moving averages overnight, testing support near USD 975. The upward momentum has clearly slowed, and short-term consolidation may continue. Call warrants may be worth watching if you are bullish on Micron. $SG-MCRN@RC2612A.C (11213.HK)$ , with strike price at 1800. Conversely, if bearish, consider put warrants $SG-MCRN@RP2612A.P (11114.HK)$ , with strike price at 400.

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