TSLA
Tesla
-- 458.300 NVDA
NVIDIA
-- 137.950 PLTR
Palantir
-- 81.980 RGTI
Rigetti Computing
-- 13.4599 AMD
Advanced Micro Devices
-- 125.710 
US Markets: Tech Weakness Persists, Small-Caps Show Promise
Last week, U.S. equity markets displayed a mixed performance. The tech-heavy Nasdaq and semiconductor stocks struggled, while the Russell 2000 and Dow Jones enjoyed stronger rebounds, driven by a surge in small-cap and mid-tier tech names. Investors should note that this rebound may run its course after Thanksgiving, setting up a period of consolidation. Looking ahead, large-cap tech and semiconductor stocks might play catch-up next week, but the broader market's trajectory hinges on key levels. If the S&P 500 surpasses 6100, it could be prudent to start trimming positions. Meanwhile, small-caps and mid-tier tech stocks continue to offer compelling medium-term opportunities.
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Stock Highlights and Analysis
BABA
• Closing Price: $83
• Recent News: Alibaba has doubled down on its international expansion plans, unveiling new initiatives aimed at Southeast Asia's booming e-commerce markets.
• Outlook: With the stock hovering near $80, this level remains a critical support zone. A rebound to the $90-$95 range is plausible, especially if its overseas push gains traction. Investors should monitor developments in Southeast Asia closely for catalysts.
PDD
• Closing Price: $100
• Recent News: The company’s "Singles' Day" performance fell short of expectations, raising questions about its growth trajectory.
• Outlook: The stock faces downside risk if it loses hold of $95. A sustained recovery might require clear signs of improvement in e-commerce metrics, potentially paving the way for a rally toward $110.
BIDU
• Closing Price: $80
• Recent News: Baidu has expanded its partnership with a leading automaker, accelerating the commercialization of its autonomous driving solutions.
• Outlook: Investors should watch for updates on this collaboration. Successfully scaling these initiatives could lift the stock above $90. Conversely, losing the $80 support would signal caution.
________________________________________
Stock Highlights and Analysis
BABA
• Closing Price: $83
• Recent News: Alibaba has doubled down on its international expansion plans, unveiling new initiatives aimed at Southeast Asia's booming e-commerce markets.
• Outlook: With the stock hovering near $80, this level remains a critical support zone. A rebound to the $90-$95 range is plausible, especially if its overseas push gains traction. Investors should monitor developments in Southeast Asia closely for catalysts.
PDD
• Closing Price: $100
• Recent News: The company’s "Singles' Day" performance fell short of expectations, raising questions about its growth trajectory.
• Outlook: The stock faces downside risk if it loses hold of $95. A sustained recovery might require clear signs of improvement in e-commerce metrics, potentially paving the way for a rally toward $110.
BIDU
• Closing Price: $80
• Recent News: Baidu has expanded its partnership with a leading automaker, accelerating the commercialization of its autonomous driving solutions.
• Outlook: Investors should watch for updates on this collaboration. Successfully scaling these initiatives could lift the stock above $90. Conversely, losing the $80 support would signal caution.
JD
• Closing Price: $34
• Recent News: Lackluster "Singles' Day" sales have dampened sentiment, with concerns around its consumer business weighing heavily.
• Outlook: The stock risks dropping to $30, with potential further downside to $25 if sentiment worsens. However, stabilization above $35 might spark a technical rebound.
NVDA
• Closing Price: $142
• Recent News: Nvidia has inked partnerships with multiple AI startups, reinforcing its dominance in the AI chip market.
• Outlook: As the market leader in AI hardware, Nvidia’s stock remains resilient. A move past $145 could pave the way for a test of $150, but failure to hold $137 may lead to a pullback.
TSLA
• Closing Price: $352
• Recent News: Tesla introduced new software updates for its self-driving features and unveiled fresh incentives in the competitive Chinese market.
• Outlook: Tesla’s stock shows steady upward momentum, supported by its 10-day moving average. The $360 level is a key resistance to watch. A break above this could mark the start of a new leg higher, while $325 serves as critical support.
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Final Thoughts
As the U.S. market nears the end of its holiday-shortened week, investors should prepare for potential shifts in momentum. While large-cap tech may rebound in the short term, small-cap and mid-tier tech stocks remain attractive for those with a medium-term horizon. Staying nimble and monitoring key levels will be vital to navigating the evolving market landscape. $NVIDIA (NVDA.US)$ $Tesla (TSLA.US)$ $Nasdaq Composite Index (.IXIC.US)$
• Closing Price: $34
• Recent News: Lackluster "Singles' Day" sales have dampened sentiment, with concerns around its consumer business weighing heavily.
• Outlook: The stock risks dropping to $30, with potential further downside to $25 if sentiment worsens. However, stabilization above $35 might spark a technical rebound.
NVDA
• Closing Price: $142
• Recent News: Nvidia has inked partnerships with multiple AI startups, reinforcing its dominance in the AI chip market.
• Outlook: As the market leader in AI hardware, Nvidia’s stock remains resilient. A move past $145 could pave the way for a test of $150, but failure to hold $137 may lead to a pullback.
TSLA
• Closing Price: $352
• Recent News: Tesla introduced new software updates for its self-driving features and unveiled fresh incentives in the competitive Chinese market.
• Outlook: Tesla’s stock shows steady upward momentum, supported by its 10-day moving average. The $360 level is a key resistance to watch. A break above this could mark the start of a new leg higher, while $325 serves as critical support.
________________________________________
Final Thoughts
As the U.S. market nears the end of its holiday-shortened week, investors should prepare for potential shifts in momentum. While large-cap tech may rebound in the short term, small-cap and mid-tier tech stocks remain attractive for those with a medium-term horizon. Staying nimble and monitoring key levels will be vital to navigating the evolving market landscape. $NVIDIA (NVDA.US)$ $Tesla (TSLA.US)$ $Nasdaq Composite Index (.IXIC.US)$
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