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Daily Summary [2024/12/18] [Avo Market Overview & Strategy Memo]

Major news and market conditions today
Last night
- Overall, the retail revenue in the USA was strong, except for automobiles, which was weaker.
- Industrial production in the USA showed weaker results.
Today at noon
Kioxia temporarily rose 13% from its initial price of 1440 yen at listing.
Nissan's stock reached a stop high level due to reports of management integration with Honda.
Market Overview Reaction
There were no particularly large price movements, but
stocks were weak today.
Source of information
US retail revenue, up 0.7% from the previous month in November - Automobiles and online sales performed well - Bloomberg
https://www.bloomberg.co.jp/news/articles/2024-12-17/SON4B3T1UM0W00
Kioxia listed, with an initial price of 1440 yen, below the offering price - Nikkei Asian Review
https://www.nikkei.com/article/DGXZQOUC081I30Y4A201C2000000/
Kioxia listed on the TSE, with a smooth start - temporarily 13% higher than the offering price - Bloomberg
https://www.bloomberg.co.jp/news/articles/2024-12-17/SOMMWST1UM0W00
Nissan's stock hits limit up, Honda at year-to-date low - management integration report - Nikkei Asian Reviewhttps://www.nikkei.com/article/DGXZQOTG180QA0Y4A211C2000000/
Time: 10:30 PM, Country: USA, Indicator: Retail Revenue Month-on-Month (November)
Result: 0.7%, Previous: 0.5%, Consensus: 0.5%
Time: 10:30 PM, Country: USA, Indicator: Retail Sales Excluding Automobiles Month-on-Month (November)
Result: 0.2%, Previous: 0.2%, Consensus: 0.4%
Time: 10:30 PM, Country: USA, Indicator: Retail Sales Excluding Gasoline/Automobiles Month-on-Month (November)
Result: 0.2%, Previous: 0.2%, Consensus: 0.4%
Time: 11:15 PM, Country: USA, Indicator: Industrial Production Month-on-Month (November)
Result: -0.1%, Previous: -0.4%, Consensus: 0.3%
Future Market Outlook
Both retail sales and industrial production are important indicators.
This week, we will prioritize the upcoming FOMC meeting.
Avo's investment and trading strategies
Based on today's market conditions, there is no need to devise a strategy for specific commodities.
Source
The results of economic indicators are quoted from Trading Economics.
* Blog strategies are strictly related to Avo's personal trading strategies, and
This is not recommended as investment advice to readers.
Although it may mention assets and individual stocks as topics,
I will not explicitly mention trading timing or risk management.
Please consider it as a reference information only.
The final decision is your responsibility, thank you.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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