Steel mental information (important)
The other day, the company's CEO shared data indicating that they are not predicting an economic downturn, but this time...
In the Q2 financial results for 2024, there was a strong correlation between the data on whether the company mentioned an economic downturn and the stock price, so I am sharing this data.![]()
Here is the data showing the number of times companies mentioned an economic downturn in quarterly financial results, with significantly fewer mentions this time compared to the past 5-year average.![]()
The important part starts here...
In Q1 of 2020 and 2022, there was a significant increase in mentions of an economic downturn by companies until Q3, based on which we will look at how the stock prices of SP500 and SOXL behaved in the quarters where mentions increased.![]()
As seen in this pattern, quarters where many companies mentioned an economic downturn during financial results are remarkably correlated with falling stock prices.![]()
I felt that the data was so valuable that I decided to share it.![]()
At the moment, it's not a phase to worry about economic downturn, as companies have profit growth and good prospects, which is why they are not predicting or mentioning an economic downturn. I personally think it's a time to ride the wave.![]()
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SOXL、TSLL、マイニング株で中長期でまずは資産1億目指しているものです┏○ﾍﾟｺｯ
鋼のメンタルは客観的データに基づくもの
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