Outlook for the USA market: Expectation of no rate cut in December, rebounding as Dow Jones starts off with a loss of 162 points.
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Tonight's analysis of NY stocks.![]()
Market Overview
The American market started with the Dow Jones Industrial Average, which consists of high-quality stocks, down 162.93 points at $43,587.93. The Nasdaq Composite Index, with a high proportion of technology stocks, started down 177.73 points at 18,929.92. The S&P 500, composed of 500 large-cap stocks in the United States, was down 36.38 points at 5,912.79.
The American market started with the Dow Jones Industrial Average, which consists of high-quality stocks, down 162.93 points at $43,587.93. The Nasdaq Composite Index, with a high proportion of technology stocks, started down 177.73 points at 18,929.92. The S&P 500, composed of 500 large-cap stocks in the United States, was down 36.38 points at 5,912.79.
Top News
Market speculation about a rate cut in December has receded.
- Federal Reserve Board (FRB) Chairman Powell stated that the US economy is doing well and there is no need to rush rate cuts. Traders have lowered their rate cut expectations for next month from around 80% the previous day to below 60%.
Market speculation about a rate cut in December has receded.
- Federal Reserve Board (FRB) Chairman Powell stated that the US economy is doing well and there is no need to rush rate cuts. Traders have lowered their rate cut expectations for next month from around 80% the previous day to below 60%.
Stock index futures fell following Chairman Powell's remarks. The dollar index is up approximately 1.4% for the week. European stocks have fallen for 4 weeks, while Chinese stocks are also struggling.
Other economic indicators are mixed: Retail sales in China grew at their strongest pace in the past 8 months, but the UK economy cooled more than expected. US retail sales will be announced at 8:30 a.m.
President Donald Trump plans to nominate former SEC Chairman Jay Clayton for the crucial role of Manhattan federal prosecutor in prosecuting financial crimes. Robert F. Kennedy Jr. is the nominee for Health Secretary for President Trump, with no chance of Jamie Dimon from JP Morgan joining the administration.
Samsung Electronics plans to buy back approximately $7.2 billion of its own shares over the next year. Investors are concerned that Samsung's memory chip business is losing to rival SK Hynix in supplying AI products.
Other economic indicators are mixed: Retail sales in China grew at their strongest pace in the past 8 months, but the UK economy cooled more than expected. US retail sales will be announced at 8:30 a.m.
President Donald Trump plans to nominate former SEC Chairman Jay Clayton for the crucial role of Manhattan federal prosecutor in prosecuting financial crimes. Robert F. Kennedy Jr. is the nominee for Health Secretary for President Trump, with no chance of Jamie Dimon from JP Morgan joining the administration.
Samsung Electronics plans to buy back approximately $7.2 billion of its own shares over the next year. Investors are concerned that Samsung's memory chip business is losing to rival SK Hynix in supplying AI products.
"December rate cut" has not been decided yet = Boston Fed President
Susan Collins, President of the Federal Reserve Bank of Boston, indicated that while there may eventually be a need for the Federal Reserve Board (FRB) to loosen the pace of rate cuts, it is premature to determine whether this will happen at the December Federal Open Market Committee (FOMC) meeting.
Susan Collins, President of the Federal Reserve Bank of Boston, indicated that while there may eventually be a need for the Federal Reserve Board (FRB) to loosen the pace of rate cuts, it is premature to determine whether this will happen at the December Federal Open Market Committee (FOMC) meeting.
US retail revenue in October exceeded financial estimates by +0.4%
The U.S. October retail sales announced at 10:30 p.m. Japan time on the 15th exceeded expectations, with a month-on-month increase of +0.4%.
The U.S. October retail sales announced at 10:30 p.m. Japan time on the 15th exceeded expectations, with a month-on-month increase of +0.4%.
The Sailor Buffett Ratio is sharply rising, showing signs of concern about a crypto bubble.
The S&P 500 index has regained one-third of the post-election gains, while the Nasdaq 100 index has declined for the fourth consecutive day.
On the other hand, the cryptocurrency market is showing strong activity, with Bitcoin rising nearly 30% after the election and $6 billion flowing into crypto funds in one week.
● $Berkshire Hathaway-A (BRK.A.US)$ and $MicroStrategy (MSTR.US)$The Sailor Buffett Ratio, which tracks relative performance, has surged to levels not seen since the dot-com era, indicating a growing speculation in the market towards cryptocurrencies and AI.
● Due to Bitcoin investments $MicroStrategy (MSTR.US)$The soaring stock price of の indicates a speculative crypto bubble, raising concerns about the potential crossover between AI and the cryptocurrency market.
● Owen Lamont warns that while it is unclear if we are entering an AI bubble, the crypto market seems to show signs of unsustainable price hikes.
The S&P 500 index has regained one-third of the post-election gains, while the Nasdaq 100 index has declined for the fourth consecutive day.
On the other hand, the cryptocurrency market is showing strong activity, with Bitcoin rising nearly 30% after the election and $6 billion flowing into crypto funds in one week.
● $Berkshire Hathaway-A (BRK.A.US)$ and $MicroStrategy (MSTR.US)$The Sailor Buffett Ratio, which tracks relative performance, has surged to levels not seen since the dot-com era, indicating a growing speculation in the market towards cryptocurrencies and AI.
● Due to Bitcoin investments $MicroStrategy (MSTR.US)$The soaring stock price of の indicates a speculative crypto bubble, raising concerns about the potential crossover between AI and the cryptocurrency market.
● Owen Lamont warns that while it is unclear if we are entering an AI bubble, the crypto market seems to show signs of unsustainable price hikes.
During the surge of Dominino's and Pool, investors are following Buffett's moves
● Traders are watching the actions of famous investors like Warren Buffett and trying to capitalize on their decisions.
● In the previous quarter, Berkshire Hathaway $Domino's Pizza (DPZ.US)$ and $Pool Corp (POOL.US)$I purchased shares of the company, and both stocks rose by 7.6% and 6.3%, respectively, before market open.
●At the same time, Berkshire Hathaway $Apple (AAPL.US)$ and $Bank of America (BAC.US)$ reduced its shareholding in the company.
Related articles:
【Form 13F】Institutions' portfolio at the end of Q3 24Q3 revealed!
Mr. Buffett, while staying defensive, also goes against the trend! Increasing cash positions, making new investments in Domino's Pizza! What is his aim?
【Form 13F】 Has Buffett's secret portfolio been revealed? New acquisition of Domino's Pizza shares, reduction of Apple shares.
● Traders are watching the actions of famous investors like Warren Buffett and trying to capitalize on their decisions.
● In the previous quarter, Berkshire Hathaway $Domino's Pizza (DPZ.US)$ and $Pool Corp (POOL.US)$I purchased shares of the company, and both stocks rose by 7.6% and 6.3%, respectively, before market open.
●At the same time, Berkshire Hathaway $Apple (AAPL.US)$ and $Bank of America (BAC.US)$ reduced its shareholding in the company.
Related articles:
【Form 13F】Institutions' portfolio at the end of Q3 24Q3 revealed!
Mr. Buffett, while staying defensive, also goes against the trend! Increasing cash positions, making new investments in Domino's Pizza! What is his aim?
【Form 13F】 Has Buffett's secret portfolio been revealed? New acquisition of Domino's Pizza shares, reduction of Apple shares.
Despite the market rise, why do American investors continue to hold cash?
- Despite the stock market rising and interest rates falling, American investors still prefer holding cash.
- The total assets of money market funds have exceeded 7 trillion dollars for the first time this week.
- Money market funds provide stable, almost risk-free income, helping to offset the impact of rate hikes in other areas of the economy.
- The likelihood of a significant rate cut by the Federal Reserve is low, and Wall Street expects the cash preference of Americans to continue.
- Despite the stock market rising and interest rates falling, American investors still prefer holding cash.
- The total assets of money market funds have exceeded 7 trillion dollars for the first time this week.
- Money market funds provide stable, almost risk-free income, helping to offset the impact of rate hikes in other areas of the economy.
- The likelihood of a significant rate cut by the Federal Reserve is low, and Wall Street expects the cash preference of Americans to continue.
moomoo News Zeber
Source: moomoo, Bloomberg, FedWatch
This article utilizes auto-translation in some parts.
Source: moomoo, Bloomberg, FedWatch
This article utilizes auto-translation in some parts.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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初音ミク0139 : Where there are mountains, there are valleys.
181617206 : The indicators in the USA are strong, if the interest rate remains stable and the decrease is postponed, will the FRB aim for a soft landing with controlled inflation?