NVDA
NVIDIA
-- 140.110 RGTI
Rigetti Computing
-- 10.0400 TSLA
Tesla
-- 394.940 PLTR
Palantir
-- 68.230 AMD
Advanced Micro Devices
-- 121.840 
Market outlook for next week (2024/02/26～)
This week, the Nikkei average has attracted attention. $NVIDIA (NVDA.US)$ safely passed the earnings and rose significantly by 611 yen (+1.59%) for the week.
In the second week of February (February 13-February 16), according to the investment entity's buying and selling trends, foreign investors bought 301.4 billion yen worth of shares, marking the 7th consecutive inflow of funds into the Japanese stock market.
Is the current rise in Japanese stocks showing signs of exhaustion?
However, while the company's earnings, which garnered global attention, safely passed,
✅ Technical analysis
→ Candlestick chart and various indicators show overheating
✅ Fundamental analysis
Nikkei average PER of 16.47 times, EPS of 2,373 yen at a record high.
✅ Material aspect
→ $NVIDIA (NVDA.US)$Earnings passage (fully reflected)
There are no particularly significant economic indicators to be announced next week.
Based on the above, I personally imagine a somewhat exhausted adjustment or a sideways phase without direction.
Semiconductor-related stocks are still attracting attention.
So what I would like to continue to focus on next week is $Tokyo Electron (8035.JP)$ $Advantest (6857.JP)$semiconductors, etc.
Currently, the leading role in the market is still AI semiconductor-related.
If there is a sense of short-term relief, will there be buying in areas that are not right in the mainstream such as lagging semiconductor components and materials? Additionally, if the Japanese stock market is truly expected, will there also be a focus on australian small/mid cap stocks? It is an area we should pay attention to.
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