TSLA
Tesla
-- 410.440 NVDA
NVIDIA
-- 144.470 RGTI
Rigetti Computing
-- 19.0200 CRNC
Cerence
-- 19.330 PLTR
Palantir
-- 79.890 Outlook for the US market: Demand for AI semiconductors remains strong, now is a good time to buy, and the Citigroup Dow Jones average starts at a drop of 38 dollars.
Hello, moomoo users!![]()
Here is the market sentiment for NY stocks tonight.![]()
Market Overview
The U.S. market started with the Dow Jones Industrial Average, which consists of high-quality stocks, opening down 38.43 dollars at 39408.06 dollars, while the Nasdaq Composite Index, with a high proportion of high-tech stocks, started down 23.50 points at 16636.52. The S&P 500 Average, which consists of 500 large-cap stocks in the USA, opened down 4.65 points at 5314.66.
The U.S. market started with the Dow Jones Industrial Average, which consists of high-quality stocks, opening down 38.43 dollars at 39408.06 dollars, while the Nasdaq Composite Index, with a high proportion of high-tech stocks, started down 23.50 points at 16636.52. The S&P 500 Average, which consists of 500 large-cap stocks in the USA, opened down 4.65 points at 5314.66.
Top News
An eventful week.
● $Dow Jones Industrial Average (.DJI.US)$Began with a $38 decline but European benchmark rose.
● $S&P 500 Index (.SPX.US)$ Recorded the largest increase since November 2022 on Thursday.
● Government bond yields fell slightly as the US dollar weakened.
● $Dow Jones Industrial Average (.DJI.US)$Began with a $38 decline but European benchmark rose.
● $S&P 500 Index (.SPX.US)$ Recorded the largest increase since November 2022 on Thursday.
● Government bond yields fell slightly as the US dollar weakened.
Signals for stocks and bonds
According to Solita Marcelli of UBS, the sharp rise in the Wall Street fear index, VIX, is flashing a buy signal for stocks. She is confident that the upward trend in stocks will continue.
In the bond market, Pimco's Daniel Ivascyn believes that the "bumpy road" will continue, but they are prepared to resume adding government bonds as yields rise. However, investors who have bet $2.7 billion on long-term government bonds believe that their recession outlook is beginning to materialize.
Related articles:Mr. Buffett sticks to "cash is king"! Is it an alarm for the US stock market?
According to Solita Marcelli of UBS, the sharp rise in the Wall Street fear index, VIX, is flashing a buy signal for stocks. She is confident that the upward trend in stocks will continue.
In the bond market, Pimco's Daniel Ivascyn believes that the "bumpy road" will continue, but they are prepared to resume adding government bonds as yields rise. However, investors who have bet $2.7 billion on long-term government bonds believe that their recession outlook is beginning to materialize.
Related articles:Mr. Buffett sticks to "cash is king"! Is it an alarm for the US stock market?
FRB is unprepared.
In response to rising rate cut expectations, officials from the Federal Reserve Board (FRB) are pushing back. Jeffrey Schmidt stated that since the inflation rate still exceeds the target and the labor market, while slightly cooling, remains healthy, there is no readiness to support a rate cut.
Additionally, Tom Barkin mentioned that there is time for the FRB to determine whether the economy is normalizing or softening to the point of needing action. However, the majority of economists believe that a significant rate cut in the September FRB meeting is highly unlikely.
In response to rising rate cut expectations, officials from the Federal Reserve Board (FRB) are pushing back. Jeffrey Schmidt stated that since the inflation rate still exceeds the target and the labor market, while slightly cooling, remains healthy, there is no readiness to support a rate cut.
Additionally, Tom Barkin mentioned that there is time for the FRB to determine whether the economy is normalizing or softening to the point of needing action. However, the majority of economists believe that a significant rate cut in the September FRB meeting is highly unlikely.
Trust in the Bank of Japan
One of the main factors causing market turmoil this week was that Japanese traders are confused about how much to trust the comments of the Bank of Japan.
JP Morgan has outlined a scenario in which the Bank of Japan will end its rate hikes by the end of this year, and strategists are becoming more pessimistic about Japanese stocks.
Related articles:
Is Buffett's increase in buying a good opportunity for the 5 major trading companies? Each company is bullish, saying that the impact of the strong yen and interest rate hikes is "slight"! 【Summary of Financial Results】
"Legendary investor" bought mega bank shares for 10 billion yen at full force on the day after the big crash! Is it still possible to catch up? Q1 progress rate exceeds 35% due to rising interest rates [summary of settlement].
One of the main factors causing market turmoil this week was that Japanese traders are confused about how much to trust the comments of the Bank of Japan.
JP Morgan has outlined a scenario in which the Bank of Japan will end its rate hikes by the end of this year, and strategists are becoming more pessimistic about Japanese stocks.
Related articles:
Is Buffett's increase in buying a good opportunity for the 5 major trading companies? Each company is bullish, saying that the impact of the strong yen and interest rate hikes is "slight"! 【Summary of Financial Results】
"Legendary investor" bought mega bank shares for 10 billion yen at full force on the day after the big crash! Is it still possible to catch up? Q1 progress rate exceeds 35% due to rising interest rates [summary of settlement].
Discussion on AI
Traders are currently exploring what the next catalyst for AI will be, and fund managers are searching for where to buy the dip.
JP Morgan Asset Management stated that they are becoming more selective regarding high-tech and AI, and that further adjustments are still needed. In the midst of such discussions, a major chipmaker in Taiwan $Taiwan Semiconductor (TSM.US)$Benefiting from sustained demand for AI products, revenue in July increased by 45%.
Related articles:"Mag 7" stock price continues to fluctuate, is it a good opportunity to buy on dips?
Traders are currently exploring what the next catalyst for AI will be, and fund managers are searching for where to buy the dip.
JP Morgan Asset Management stated that they are becoming more selective regarding high-tech and AI, and that further adjustments are still needed. In the midst of such discussions, a major chipmaker in Taiwan $Taiwan Semiconductor (TSM.US)$Benefiting from sustained demand for AI products, revenue in July increased by 45%.
Related articles:"Mag 7" stock price continues to fluctuate, is it a good opportunity to buy on dips?
There is no need to panic over the sharp decline in semiconductor stocks, now is a buying opportunity = citi
● Citi points out that the sharp decline in U.S. chip stocks is mainly triggered by macroeconomic factors and high expectations. Due to the continued strong demand in the AI and storage markets, the bank maintains a bullish view on the semiconductor market at present.
● Citi sees this sell-off as a result of a combination of macro factors, high expectations for the semiconductor industry, and disappointment in performance. The PER of the U.S. semiconductor index (SOX) is 37 times higher compared to, with a 70% premium, reaching the highest level since 2008. $S&P 500 Index (.SPX.US)$ contrary to 70% premium., the consensus estimate for Earnings Per Share (EPS) mainly
● Citi points out that the sharp decline in U.S. chip stocks is mainly triggered by macroeconomic factors and high expectations. Due to the continued strong demand in the AI and storage markets, the bank maintains a bullish view on the semiconductor market at present.
● Citi sees this sell-off as a result of a combination of macro factors, high expectations for the semiconductor industry, and disappointment in performance. The PER of the U.S. semiconductor index (SOX) is 37 times higher compared to, with a 70% premium, reaching the highest level since 2008. $S&P 500 Index (.SPX.US)$ contrary to 70% premium., the consensus estimate for Earnings Per Share (EPS) mainly
per share Earnings Per Share (EPS) Consensus estimates are mainly $Intel (INTC.US)$ 、 $Microchip Technology (MCHP.US)$ 、 $NXP Semiconductors (NXPI.US)$ due to the deterioration of its performance, decreased by 11%. $ASML Holding (ASML.US)$ also fell below the forecast, $Intel (INTC.US)$ also reduced its investment in facilities by 25% in 2025.
Demand continues to be strong! TSMC's revenue in July increased by 44.7% compared to the same month last year.
On August 9th (Friday), $Taiwan Semiconductor (TSM.US)$ announced its latest monthly performance. Due to strong demand for AI and expectations for price increases, TSMC's revenue in July was 256.9 billion 50 million Taiwanese dollars, a 44.7% increase compared to the same month last year and a 23.6% increase compared to the previous quarter. The cumulative revenue for the year was 152.3 billion 17 million Taiwanese dollars, a 30.5% increase compared to the same period last year.
Morgan Stanley even sees TSMC's valuation becoming more attractive after recent selling. The bank recently listed TSMC as a top pick stock.
Charlie Chan, an analyst at Morgan Stanley, stated in the report that "we are bullish on TSMC's quality and resilience in the long-term semiconductor downturn. Achieving price increases and continued investments in AI equipment are expected to be important growth catalysts for TSMC."
Related articles:Nvidia, recovering $100! Overcoming SMCI's shock earnings, have all the negative news been released?
On August 9th (Friday), $Taiwan Semiconductor (TSM.US)$ announced its latest monthly performance. Due to strong demand for AI and expectations for price increases, TSMC's revenue in July was 256.9 billion 50 million Taiwanese dollars, a 44.7% increase compared to the same month last year and a 23.6% increase compared to the previous quarter. The cumulative revenue for the year was 152.3 billion 17 million Taiwanese dollars, a 30.5% increase compared to the same period last year.
Morgan Stanley even sees TSMC's valuation becoming more attractive after recent selling. The bank recently listed TSMC as a top pick stock.
Charlie Chan, an analyst at Morgan Stanley, stated in the report that "we are bullish on TSMC's quality and resilience in the long-term semiconductor downturn. Achieving price increases and continued investments in AI equipment are expected to be important growth catalysts for TSMC."
Related articles:Nvidia, recovering $100! Overcoming SMCI's shock earnings, have all the negative news been released?
- moomoo News Zeber
Source: moomoo, Bloomberg, MINKABU, Dow Jones, CME FedWatch
This article uses auto-translation in part.
Source: moomoo, Bloomberg, MINKABU, Dow Jones, CME FedWatch
This article uses auto-translation in part.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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exera : It's not a panic, but if it's lowered in such a short period of time, as a matter of fact, the loss of content is so severe that I'm inevitably disgusted![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
sonobe : The 15th generation that is scheduled to be released also seems to be fragile, and it seems that few people buy it, and even if they know that the 13.14 generation is defective, I think they lost their trust because they are only patch-compatible![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
ミート34 : How to buy American stocks