[Morning Report] US stock performance forecast, share buyback with divided opinions from strategists is the first 10 trillion yen, supporting Japanese stocks, Tesla announced financial results on the 24th
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Here are the key points of this morning's first report.
● [Tokyo Stock Exchange Rate Forecast Range] 0.03 million7300 yen - 0.03 million7900 yen (22nd closing price 0.03 million7438 yen 61 sen)
● US companies' performance forecasts, strategists' opinions are divided - stock price growth is sluggish
● Even in an unstable environment where hedge funds turn to stock purchases - Goldman
● The yen is low for the first time in 34 years, and awareness of interest rate differences in the 154 yen 80 sen range is back
● Stock buybacks of listed companies, first 10 trillion yen support for Japanese stocks
●Tesla announces financial results on the 24th what is the next move for EV deceleration “mask style”
● Apple designated as the top pick in '24, January-March financial results preparation - BoFA
-MooMoo News Amelia
● [Tokyo Stock Exchange Rate Forecast Range] 0.03 million7300 yen - 0.03 million7900 yen (22nd closing price 0.03 million7438 yen 61 sen)
● US companies' performance forecasts, strategists' opinions are divided - stock price growth is sluggish
● Even in an unstable environment where hedge funds turn to stock purchases - Goldman
● The yen is low for the first time in 34 years, and awareness of interest rate differences in the 154 yen 80 sen range is back
● Stock buybacks of listed companies, first 10 trillion yen support for Japanese stocks
●Tesla announces financial results on the 24th what is the next move for EV deceleration “mask style”
● Apple designated as the top pick in '24, January-March financial results preparation - BoFA
-MooMoo News Amelia
Market Overview
In the US stock market on the 22nd, the NY Dow Jones Industrial Average continued to rise for 3 days to 0.03 million8239 dollars 98 cents, 253 dollars 58 cents higher than the previous business day. The Nasdaq Composite Stock Price Index rose 169.295 points to 0.01 million5451.305. In the Tokyo stock market on the 23rd, push buying from a sense of affordability and short covers from short sellers dominated, and there is a large probability that the Nikkei Stock Average will continue to grow. It is expected that the level will be rounded up to the latter half of the 0.03 million7000 yen range.
In the US stock market on the 22nd, the NY Dow Jones Industrial Average continued to rise for 3 days to 0.03 million8239 dollars 98 cents, 253 dollars 58 cents higher than the previous business day. The Nasdaq Composite Stock Price Index rose 169.295 points to 0.01 million5451.305. In the Tokyo stock market on the 23rd, push buying from a sense of affordability and short covers from short sellers dominated, and there is a large probability that the Nikkei Stock Average will continue to grow. It is expected that the level will be rounded up to the latter half of the 0.03 million7000 yen range.
Top news
US companies' performance forecasts and strategists' opinions are divided - stock price growth is sluggish
Opinions are divided among stock strategists at major Wall Street banks over whether American companies can show a strong outlook on this year's results. Morgan Stanley's Michael Wilson indicated the forecast that the economy will increase strength from 2024 to 25, and profit growth will improve. Meanwhile, JPMorgan Chase strategist Mislav Matejka argues that inflation, a strong dollar, and the recent rise in geopolitical tension cloud the outlook.
Related articles:NY stock highlights Whether sales continue or a reversal, the “M7” financial results are the key
Strong US corporate performance is expected to result in an S&P 500 reversal - MLIV survey
Even in an unstable environment where hedge funds turn to stock purchases - Goldman
Hedge funds are resuming global stock purchases, and they are buying technology stocks at a fast pace for the first time in about 2 months, unfazed by general market volatility $Goldman Sachs (GS.US)$The trading desk analyzed it.
The yen is low for the first time in 34 years, and awareness of interest rate differences in the 154 yen 80 sen range is back
The yen fell against the dollar in the New York Foreign Exchange Market on the 22nd, breaking the depreciation of the yen and the high level of the dollar for the first time in about 34 years since 1990/6, when 1 dollar = 154 yen in the middle of the 80 yen range. The sense of caution against geopolitical risks in the Middle East has receded, and the movement to rebuild the balance of yen sales and dollar purchases focusing on Japan-US interest rate differences has spread.
Related articles:The tailwind of the depreciation of the yen, the second-hand car fast running large store competition and the highest profit
Stock buybacks of listed companies, first 10 trillion yen support for Japanese stocks
The share buybacks of listed companies in fiscal 2023 exceeded 10 trillion yen for the first time, reaching a record high for the second year in a row. In addition to strong performance, the background is that there has been a shift to management that emphasizes capital efficiency. It supports Japanese stocks as the main buyer. As the Nikkei Stock Average adjusts, attention is being paid to what kind of policies each company will launch with financial results announcements starting in earnest this week.
US companies' performance forecasts and strategists' opinions are divided - stock price growth is sluggish
Opinions are divided among stock strategists at major Wall Street banks over whether American companies can show a strong outlook on this year's results. Morgan Stanley's Michael Wilson indicated the forecast that the economy will increase strength from 2024 to 25, and profit growth will improve. Meanwhile, JPMorgan Chase strategist Mislav Matejka argues that inflation, a strong dollar, and the recent rise in geopolitical tension cloud the outlook.
Related articles:NY stock highlights Whether sales continue or a reversal, the “M7” financial results are the key
Strong US corporate performance is expected to result in an S&P 500 reversal - MLIV survey
Even in an unstable environment where hedge funds turn to stock purchases - Goldman
Hedge funds are resuming global stock purchases, and they are buying technology stocks at a fast pace for the first time in about 2 months, unfazed by general market volatility $Goldman Sachs (GS.US)$The trading desk analyzed it.
The yen is low for the first time in 34 years, and awareness of interest rate differences in the 154 yen 80 sen range is back
The yen fell against the dollar in the New York Foreign Exchange Market on the 22nd, breaking the depreciation of the yen and the high level of the dollar for the first time in about 34 years since 1990/6, when 1 dollar = 154 yen in the middle of the 80 yen range. The sense of caution against geopolitical risks in the Middle East has receded, and the movement to rebuild the balance of yen sales and dollar purchases focusing on Japan-US interest rate differences has spread.
Related articles:The tailwind of the depreciation of the yen, the second-hand car fast running large store competition and the highest profit
Stock buybacks of listed companies, first 10 trillion yen support for Japanese stocks
The share buybacks of listed companies in fiscal 2023 exceeded 10 trillion yen for the first time, reaching a record high for the second year in a row. In addition to strong performance, the background is that there has been a shift to management that emphasizes capital efficiency. It supports Japanese stocks as the main buyer. As the Nikkei Stock Average adjusts, attention is being paid to what kind of policies each company will launch with financial results announcements starting in earnest this week.
Tesla announces financial results on the 24th what is the next move for EV deceleration “mask style”
paddy $Tesla (TSLA.US)$will announce financial results for the fiscal year ending 2024/1-3 on the 23rd EST (24th Japan time). In addition to the deceleration in the growth of electric vehicles (EVs), the January-March fiscal year, when sales declined due to low price competition from Chinese manufacturers, is expected to decline for 5 consecutive quarters. There are also observations that they will withdraw from the development of low-cost EVs, which have been seen to be the core of future growth. As the predicament deepens, attention is drawn to how Chief Executive Officer Elon Musk (CEO) explains future strategies.
Related articles:Tesla to abolish US marketing team as part of workforce cuts - stakeholders
Chaos engulfing Tesla, Mr. Musk shifts focus on his dream of robo-taxis
Apple designated as top pick in '24, January-March financial results ready - BoFA
Rice Silver $Bank of America (BAC.US)$ Is rice $Apple (AAPL.US)$was designated as the top pick for 2024. The reason is optimism about financial results to be announced soon and the brightness of medium- to long-term prospects.
Generative AI consumes large amounts of left and right energy plans for fiscal year 40
The Ministry of Economy, Trade and Industry will soon begin discussions on reviewing the “Basic Energy Plan.” It is a medium- to long-term policy guideline, and the pillar is to create a power supply configuration ratio for fiscal 2040. According to the current plan made 3 years ago, electricity demand was expected to decrease toward fiscal year 30, but this time it is assumed that demand will increase due to the spread of artificial intelligence (AI).
paddy $Tesla (TSLA.US)$will announce financial results for the fiscal year ending 2024/1-3 on the 23rd EST (24th Japan time). In addition to the deceleration in the growth of electric vehicles (EVs), the January-March fiscal year, when sales declined due to low price competition from Chinese manufacturers, is expected to decline for 5 consecutive quarters. There are also observations that they will withdraw from the development of low-cost EVs, which have been seen to be the core of future growth. As the predicament deepens, attention is drawn to how Chief Executive Officer Elon Musk (CEO) explains future strategies.
Related articles:Tesla to abolish US marketing team as part of workforce cuts - stakeholders
Chaos engulfing Tesla, Mr. Musk shifts focus on his dream of robo-taxis
Apple designated as top pick in '24, January-March financial results ready - BoFA
Rice Silver $Bank of America (BAC.US)$ Is rice $Apple (AAPL.US)$was designated as the top pick for 2024. The reason is optimism about financial results to be announced soon and the brightness of medium- to long-term prospects.
Generative AI consumes large amounts of left and right energy plans for fiscal year 40
The Ministry of Economy, Trade and Industry will soon begin discussions on reviewing the “Basic Energy Plan.” It is a medium- to long-term policy guideline, and the pillar is to create a power supply configuration ratio for fiscal 2040. According to the current plan made 3 years ago, electricity demand was expected to decrease toward fiscal year 30, but this time it is assumed that demand will increase due to the spread of artificial intelligence (AI).
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Key Market Events
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Distributor: Dow Jones, MINKABU, Bloomberg, Nihon Keizai Shimbun, Welshadvisor, Fisco
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