[Morning Report] Does Jackson Hole, which holds the key to the market, have signs of interest rate cuts, Mr. Harris announces economic policy
![[Morning Report] Does Jackson Hole, which holds the key to the market, have signs of interest rate cuts, Mr. Harris announces economic policy](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240819/1724017864484-08e6e15752.png/big?area=105&is_public=true)
Good morning to all Moomoo users!![]()
Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 0.03 million7400 yen - 0.03 million8000 yen (closing price 0.03 million8062 yen 67 sen on the 16th)
● Rapid recovery from a turbulent market, strong interest rate cuts observations, attention is on Jackson Hole
● U.S. University of Michigan Consumer Confidence Exceeds Expectations to Rise for the First Time in 5 Months
● US housing construction began, drastically declining in July to a low level for the first time in 4 years and 2 months
● Mr. Harris announces economic policies, child tax credits, construction of 3 million houses, etc.
● Liberal Democratic Party presidential election, vote count 2 plans for 9/20 and 27
● Risk is on again due to changing trends! Lock on 7 stocks with an astonishing “profit explosion”
●25 Companies with Increased Sales and Profits and Low PER that Can Be Purchased for 0.1 Million Yen or Less [Standard] Edition ＜Special Feature on Undervalued Stocks＞
-MOOMOO NEWS Amelia
● Rapid recovery from a turbulent market, strong interest rate cuts observations, attention is on Jackson Hole
● U.S. University of Michigan Consumer Confidence Exceeds Expectations to Rise for the First Time in 5 Months
● US housing construction began, drastically declining in July to a low level for the first time in 4 years and 2 months
● Mr. Harris announces economic policies, child tax credits, construction of 3 million houses, etc.
● Liberal Democratic Party presidential election, vote count 2 plans for 9/20 and 27
● Risk is on again due to changing trends! Lock on 7 stocks with an astonishing “profit explosion”
●25 Companies with Increased Sales and Profits and Low PER that Can Be Purchased for 0.1 Million Yen or Less [Standard] Edition ＜Special Feature on Undervalued Stocks＞
-MOOMOO NEWS Amelia
Market Overview
In the US stock market on the 16th, the NY Dow Jones Industrial Average continued to rise for 4 days to 0.04 million659 dollars 76 cents, 96 dollars 70 cents higher than the previous business day. The Nasdaq Composite Stock Price Index was 0.01 million7631.720, up 37.224 points from the same period. Sales prevailed in the Tokyo stock market on the 19th, and there is a high possibility that the Nikkei Stock Average will return to a standstill. The level has been raised by just over 3200 yen during this time with 5 consecutive increases until the previous weekend, and it seems that immediate profit determination sales and return selling pressure will come to a head for the main stocks.
In the US stock market on the 16th, the NY Dow Jones Industrial Average continued to rise for 4 days to 0.04 million659 dollars 76 cents, 96 dollars 70 cents higher than the previous business day. The Nasdaq Composite Stock Price Index was 0.01 million7631.720, up 37.224 points from the same period. Sales prevailed in the Tokyo stock market on the 19th, and there is a high possibility that the Nikkei Stock Average will return to a standstill. The level has been raised by just over 3200 yen during this time with 5 consecutive increases until the previous weekend, and it seems that immediate profit determination sales and return selling pressure will come to a head for the main stocks.
Top news
Mr. Harris announced economic policies, child tax credits, construction of 3 million houses, etc.
US Vice President Kamala Harris made a speech in Raleigh, southern North Carolina on the 16th and clarified the outline of economic policy. In addition to advocating a drastic expansion of child tax credits, it also included constructing 3 million new homes and imposing penalties on companies that unfairly raise prices. Meanwhile, the trade policy advocated by former President Donald Trump sounded the alarm that it would push up prices. Note, according to the WP/ABC survey, Mr. Harris's approval rating is 49%, leading Mr. Trump (45%)”.
Mr. Harris announced economic policies, child tax credits, construction of 3 million houses, etc.
US Vice President Kamala Harris made a speech in Raleigh, southern North Carolina on the 16th and clarified the outline of economic policy. In addition to advocating a drastic expansion of child tax credits, it also included constructing 3 million new homes and imposing penalties on companies that unfairly raise prices. Meanwhile, the trade policy advocated by former President Donald Trump sounded the alarm that it would push up prices. Note, according to the WP/ABC survey, Mr. Harris's approval rating is 49%, leading Mr. Trump (45%)”.
Last week there was a rapid recovery from the turbulent market, interest rate cuts were deeply observed, and attention was drawn to Jackson Hole
The S&P 500 index continued to grow on the 16th, rising 3.9% weekly, to a significant high since November last year. Expectations that interest rates are getting closer to being cut are in the background. Note that the economic indicators for the 16th were mixed. The University of Michigan Consumer Sentiment Index (preliminary value) for August rose for the first time in 5 months as inflation calms down. Meanwhile, the number of housing starts in July fell to a low level since May 2020, which was affected by the novel coronavirus. Goldman Sachs said economic statistics were good, and lowered the probability of a US recession from 25% to 20%. (Bloomberg)
The S&P 500 index continued to grow on the 16th, rising 3.9% weekly, to a significant high since November last year. Expectations that interest rates are getting closer to being cut are in the background. Note that the economic indicators for the 16th were mixed. The University of Michigan Consumer Sentiment Index (preliminary value) for August rose for the first time in 5 months as inflation calms down. Meanwhile, the number of housing starts in July fell to a low level since May 2020, which was affected by the novel coronavirus. Goldman Sachs said economic statistics were good, and lowered the probability of a US recession from 25% to 20%. (Bloomberg)
Does Jackson Hole hold the key to the market? Attention is drawn to Chairman Powell's remarks at the Jackson Hole Annual Economic Symposium on August 22-24. It has also been pointed out that “conditions for continued stock appreciation are a “signal for interest rate cuts.”
Related articles:[This week's featured material] Confirm future US monetary policy stance = Jackson Hole meeting
U.S. University of Michigan consumer confidence rises above expectations for the first time in 5 months
The consumer confidence index (preliminary value) for August announced by the University of Michigan in the United States on the 16th was 67.8, up from 66.4 the previous month. It improved for the first time in 5 months and exceeded economists' expectations.
Related articles:[This week's featured material] Confirm future US monetary policy stance = Jackson Hole meeting
U.S. University of Michigan consumer confidence rises above expectations for the first time in 5 months
The consumer confidence index (preliminary value) for August announced by the University of Michigan in the United States on the 16th was 67.8, up from 66.4 the previous month. It improved for the first time in 5 months and exceeded economists' expectations.
US housing construction began, drastically declining in July to a low level for the first time in 4 years and 2 months
The number of housing starts in July (seasonally adjusted, annualized) announced by the U.S. Department of Commerce on the 16th was 1.23 million8,000 units, down 6.8% from the previous month. It was the first low level in 4 years and 2 months since 2020/5, which fell far below economists' expectations.
The number of housing starts in July (seasonally adjusted, annualized) announced by the U.S. Department of Commerce on the 16th was 1.23 million8,000 units, down 6.8% from the previous month. It was the first low level in 4 years and 2 months since 2020/5, which fell far below economists' expectations.
Information on individual rice stocks
・ $Nike (NKE.US)$ Has risen due to analysts' increase in investment decisions
・ $Pfizer (PFE.US)$ is a type of vaccine being jointly developed with Biontech in Germany, and the final clinical trial results did not meet the target and declined
・ $Rivian Automotive (RIVN.US)$ It was announced that production of Amazon's electric delivery vans will be temporarily suspended due to a shortage of parts, and it declined
・ $Applied Materials (AMAT.US)$ Sales forecasts are on par with market forecasts, and there is a slight decline outside of hours
・ $Nike (NKE.US)$ Has risen due to analysts' increase in investment decisions
・ $Pfizer (PFE.US)$ is a type of vaccine being jointly developed with Biontech in Germany, and the final clinical trial results did not meet the target and declined
・ $Rivian Automotive (RIVN.US)$ It was announced that production of Amazon's electric delivery vans will be temporarily suspended due to a shortage of parts, and it declined
・ $Applied Materials (AMAT.US)$ Sales forecasts are on par with market forecasts, and there is a slight decline outside of hours
Liberal Democratic Party presidential election
It is said that movements will become active starting this week regarding the Liberal Democratic Party general election. “More than 10 names are listed as candidates for succession to Prime Minister Fumio Kishida (party president), and the scramble for 20 recommenders intensifies. The Liberal Democratic Party will hold an election commission on the 20th to decide the presidential election schedule. There are 2 proposals for vote counting, 9/20 and 9/27.” (Nihon Keizai Shimbun, 8/19)
Risk is on again due to changing trends! Lock on 7 stocks with an astonishing “profit explosion”
If the Nikkei average returns to a standstill, raging funds will flow into small and medium-sized stocks in a favorable situation where changes in performance stand out
25 Companies with Increased Sales and Profits and Low PER that Can Be Purchased for 0.1 Million Yen or Less [Standard] Edition ＜Special Feature on Undervalued Stocks＞
There is a high level of interest among individual investors in stocks that can be invested with a small amount of capital. In companies listed on the Tokyo Stock Exchange Standard, 833 stocks can be purchased with a minimum investment amount of 0.1 million yen or less. This time, I paid attention to stocks that achieved an increase in sales and profit in the fiscal year ending 24/4/6, and the PER (price-earnings ratio), which is the standard for distinguishing undervaluation, is less than 10 times.
“Stocks bought!” on the 16th of the previous weekend Total Zalai — What are the expected stocks leading up to today?―Japanese stocks
$Tokyo Electron (8035.JP)$ and $Sony Group (6758.JP)$ 、 $Institute for Q-shu Pioneers of Space (5595.JP)$ etc
It is said that movements will become active starting this week regarding the Liberal Democratic Party general election. “More than 10 names are listed as candidates for succession to Prime Minister Fumio Kishida (party president), and the scramble for 20 recommenders intensifies. The Liberal Democratic Party will hold an election commission on the 20th to decide the presidential election schedule. There are 2 proposals for vote counting, 9/20 and 9/27.” (Nihon Keizai Shimbun, 8/19)
Risk is on again due to changing trends! Lock on 7 stocks with an astonishing “profit explosion”
If the Nikkei average returns to a standstill, raging funds will flow into small and medium-sized stocks in a favorable situation where changes in performance stand out
25 Companies with Increased Sales and Profits and Low PER that Can Be Purchased for 0.1 Million Yen or Less [Standard] Edition ＜Special Feature on Undervalued Stocks＞
There is a high level of interest among individual investors in stocks that can be invested with a small amount of capital. In companies listed on the Tokyo Stock Exchange Standard, 833 stocks can be purchased with a minimum investment amount of 0.1 million yen or less. This time, I paid attention to stocks that achieved an increase in sales and profit in the fiscal year ending 24/4/6, and the PER (price-earnings ratio), which is the standard for distinguishing undervaluation, is less than 10 times.
“Stocks bought!” on the 16th of the previous weekend Total Zalai — What are the expected stocks leading up to today?―Japanese stocks
$Tokyo Electron (8035.JP)$ and $Sony Group (6758.JP)$ 、 $Institute for Q-shu Pioneers of Space (5595.JP)$ etc
Foreign substitutes
Key Market Events
![[Morning Report] Does Jackson Hole, which holds the key to the market, have signs of interest rate cuts, Mr. Harris announces economic policy](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240819/1724023497121-bb39b3902c.png/big?area=105&is_public=true)
Distributor: Dow Jones, MINKABU, Bloomberg, Welshadvisor, Fisco
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
