NVDA
NVIDIA
-- 128.910 TSLA
Tesla
-- 440.130 MU
Micron Technology
-- 103.900 QUBT
Quantum Computing
-- 25.680 AMD
Advanced Micro Devices
-- 121.410 This week's financial results and economic calendar (11/27~12/1) to a bullish year-end market? Pay attention to the US economic indicators and year-end sales season!
Japanese stocks are expected to stay strong this week. Inflation trends in the US have weakened, and market expectations for next year's global economy are expanding. Also, in the US starting the day after Thanksgiving on November 23Trends in the year-end sales season are based on materialsIt looks like it's going to be done. On Black Friday the day after Thanksgiving or Cyber Monday at the beginning of the weekIf good private consumption seems to be shown, market price developments in anticipation of a year-end high are expectedProbably. On the other hand, since the market price is in the high price range, return selling pressure tends to increase, and the mood of wanting to confirm the results of the US year-end sales season also seems to hold back the upper price.
This weekA lot of Japan-US economic indicators are coming out。 There will be an increase in the number of situations where long-term interest rates in the US and the dollar yen will be closely looked up. Of October to be announced on the 30thUS Personal Consumption Expenditure (PCE) deflatorhas the highest level of attention. If it falls as expected by the market, long-term US interest rates will remain low, and both Japanese and US stocks will be able to maintain a strong exchange rate (Ichikawa Masahiro, chief strategist at Sumitomo Mitsui DS Asset Management). Also, the Nikkei Average follows US high-tech stock prices, etc.34,000 yenThere is a possibility that it will break through.
In the dollar/yen exchange rate, the upward price is likely to be heavy, centered around the 149 yen range. While determining US inflation indicators,The incorporation of the Fed's interest rate hikes has almost disappeared、Market focus is shifting to the period of interest rate cuts. If economic indicators decline, it will be easy to respond due to a decline in US interest rates and a fall in the dollar. In the crude oil market, the OPEC Plus meeting scheduled for the 26th was postponed to the 30th. They seem to be nervous about trends in crude oil prices, and I anticipate that the sense of direction will not be determined.
1. The Nikkei Average has been rising for 4 consecutive weeks, and the return high after the burst of the bubble was updated on Monday
2. A sense of caution against high prices could not be dispelled due to developments in high prices even when US stocks were high
3. There is a strong wait-and-see atmosphere during Thanksgiving week
4. A drama about the dismissal of CEO Altman of US OpenAI who developed “ChatGPT”
5. NVIDIA's stock price falls despite strong financial results
6. FOMC minutes, hawkish content as expected
The Nikkei Average rose for the fourth week in a row to 33,625.53 yen in the Tokyo stock market last week, 40.33 yen (0.12%) higher than the previous weekend. It's also the year-to-date high price update since Juneupward trendIt is also in the form of confirming. Mr. Altman of US OpenAI, who was suddenly dismissed as CEO on the 17th, returned to CEO on the 21st. It was decided that the “family feud,” an emerging company representing the generative AI boom, would come to an end in 4 and a half days. One hour is rice $Microsoft (MSFT.US)$I decided to join, and this was well received, and Microsoft was on the 20thHigh price since listing was updatedHowever, the situation moved violently, with OpenAI employees calling for his return and the resignation of the director (equivalent to a corporate director).
Rice announced on the 21st $NVIDIA (NVDA.US)$Although financial results were going great, there were also voices saying that it was insufficient for those expectations since prior expectations were too overheated. Additionally, sales are expected to drop drastically in China due to US semiconductor export restrictions to China. Stock prices fell. However, there is no doubt that the financial results are strong, and from Wall Street analystspositive evaluationalso came out,Target stock prices have been raised one after another。 What is this dropJust an adjustmentThere is also a strong point of view.
In economic indicators, the solidity of the labor market was shown by the number of new US unemployment insurance claims for the previous week announced on the 22nd, and since the consumer attitude index (confirmed value) for November was revised upward from preliminary figures, the US Federal ReserveMaintain high interest rates for a long timeThis view is spreading. FOMC minutes summary as expectedHawkish content that leaves the possibility of additional interest rate hikesFurther evidence was required to confirm that the inflation rate was clearly progressing towards 2%, and there was a scene where it provided support for the dollar and yen.
-MOOMOO News Sherry
Source: MINKABU, Bloomberg, investors, Traders Web, Wells Advisor
Source: MINKABU, Bloomberg, investors, Traders Web, Wells Advisor
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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