U.S. market conditions: S&P 500 index falls for the first time in 8 days, tech sector weak - rising to the 150 yen range.
PCE core price index accelerates growth - supporting the cautious stance of the financial authorities.
The US real GDP from July to September indicates that the economy expanded at a solid pace.
On the 27th, US stocks fell. Large-cap technology stocks were sold, becoming a drag on the overall market. The US economic indicators released in the morning supported the Federal Reserve's cautious stance on interest rate cuts.
U.S. stock market = lower, technology stocks are down due to inflation indicators.
November 28, 2024, 6:35 AM GMT+9
The three main indices of the U.S. stock market fell led by the Nasdaq and closed the trading day. Concerns about the Federal Reserve's cautious approach to a potential rate cut due to strong inflation indicators led to a sell-off in technology stocks.
The Personal Consumption Expenditures (PCE) price index for October, announced by the Department of Commerce on the 27th, rose by 2.3% year-on-year, accelerating from the 2.1% increase in the previous month. It indicated a recent acceleration in progress towards inflation control that has been stagnant for the past few months.
According to CME's FedWatch, the market is increasingly expecting a 25 basis point (bp) rate cut in December...

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
Good morning!
It's the current situation of Dow, but the bounce is not completed yet~
If it surpasses 135.94, and does not hold & break 136.46, the possibility of a decline to 128.60 remains~
There is a movement to want to break down to 128 at the moment.
Today is Thanksgiving and the market is closed, but on the 29th (Friday), the trading hours will be shortened, and the trading hours will be from 23:30 to 03:00 (JST), with post-market trading hours from 03:00 to 07:00 (JST).
Friday may have a difficult development, and there is also a possibility that it will end sideways.
So, see you later.Goodbye

$NVIDIA (NVDA.US)$
City analysts have put Nvidia under 'positive catalyst monitoring' for the next 90 days.
With CEO Jensen Huang preparing for the opening keynote speech at CES 2025, there is a 27% chance that Nvidia's stock price could rise.
Nvidia's gpu is at the core of AI workloads, increasingly becoming humanoid robots.
Citi's analysts recently placed Nvidia under a "positive catalyst watch" for the next 90 days in their notes.
The company stated that with founder and CEO Jensen Huang preparing for a keynote speech at CES 2025, the stock price of the chip giant could soar by 27% to a target price of $175 in early 2025.
The Consumer Electronics Show will be held from January 7th to January 10th, and Huang will open the event at 6:30 p.m. on January 6th...

$NVIDIA (NVDA.US)$
Nvidia (NASDAQ: NVDA) recently reported another explosive quarter. After guiding investors to expect earnings of approximately $32.5 billion for the third quarter of fiscal year 2025, the leading artificial intelligence (AI) company reported a record quarterly revenue of $35.1 billion for the period ending in October. 27.
However, as AI capital expenditures continue to rise, exceeding expectations has become the norm. Analysts have already baked in another big quarter, and Nvidia's stock reflects much of its future success. Despite Nvidia's CEO Jensen Huang making very bullish comments during the earnings call, the stock has dropped by about 7% since the third quarter accounting report.
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$Amazon (AMZN.US)$ Personally, it has become a company that I cannot expect much from in the future. There are too many good rival companies. 🚧 I recently updated to a high price (sold all), but I think this area is a mountain. There is a high possibility that it will gradually decline while plateauing up and down after next year 🤔 I don't think it will be like intel. Personally, I hope to buy around $130.
Our self-produced AI chips will eventually become unusable. They will all lose to NVIDIA's chip performance, and some will return to NVIDIA, I think 🤫 NVIDIA is probably already thinking about such things 🤫 🍔

$NVIDIA (NVDA.US)$
Weekly basis, if 132.11 is broken, the downtrend will begin on a weekly basis. Please be aware ⚠️ and pray for a turnaround ⤴️. It is 90 on a monthly basis. That means it's over, lol. Nvidia has ended.
Be careful ⚠️ If it breaks through and bounces back above 132.11, please stay calm. (Even if it's below 132.11‼️) The downtrend on the weekly chart has not ended yet. (I pray it doesn't go below 132.11)
Just recently, you never thought it would drop below 100, did you? I told my fundamental friends but it turned into a big fight.
If you think of it as noise to reference ❤️, please block it. Even though my master told me not to post too much, there are many optimists here.

$NVIDIA (NVDA.US)$
Matsu is probably free right now.