The Nasdaq-100 temporarily holds the 30,000 level, while AMD consolidates along its 50-day moving average.

Rising oil prices and bond yields weighed on US stocks overnight, leading to a pullback. The Dow Jones ( $Dow Jones Industrial Average (.DJI.US)$ ) fluctuated downward from the 54,000-point mark; watch for support near the 20-day moving average at approximately 53,000 points. The Nasdaq-100 ( $NASDAQ 100 Index (.NDX.US)$ ) surged overnight to nearly 30,200 points before reversing lower, closing just above the 30,000 threshold. It may continue to consolidate in a volatile range. If you are bullish on the Dow Jones, consider bull contracts ( $SG#DJIA RC2612F.C (49653.HK)$ , with a call price of 49,000 points. Conversely, for those bearish, consider bear certificates $SG#DJIA RP28123.P (49683.HK)$ . For bullish views on the Nasdaq, consider bull certificates $SG#NQ100RC2612P.C (49697.HK)$ , with a call price of 28,000 points. Conversely, for those bearish, consider bear certificates $SG#NQ100RP2812C.P (49628.HK)$ , with a call price at 32,500.

NVIDIA ( $NVIDIA (NVDA.US)$ ) traded around $225 overnight, gradually approaching the previous high of $236. Short-term consolidation at high levels is expected ahead of next week's earnings release. If you are bullish on Nvidia, consider call warrants. $SG-NVDA@RC2612A.C (11185.HK)$ , with a strike price of $275. Conversely, for those bearish, consider put warrants $SG-NVDA@RP2612A.P (11090.HK)$ , with a strike price of 168.

Advanced Micro Devices (AMD) ( $Advanced Micro Devices (AMD.US)$ After reclaiming the $500 level, AMD consolidated near its 50-day moving average overnight. If it can hold at current levels, the upward trend may continue. Bullish investors on AMD may consider watching call warrants. $SG-AMD @RC2612A.C (11214.HK)$ , with a strike price of 700.

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