The S&P 500 stock price index hit record highs one after another in 2024, but not all stocks are participating in the current bull market.
Major high-tech stocks have been the driving force behind the rise in stock prices in the past few years. Recently, innovation by major companies utilizing artificial intelligence (AI) has further boosted stock prices, and this trend is accelerating.
The market anticipates that these innovative companies will achieve significant profit growth over the next few years, and investors are raising stock prices as a result.
However, if you look at certain indicators, you can see that the dominance of major high-tech companies is about to change. Investors may be able to find a perfect investment opportunity from an entirely different stock group.
Large valuation gaps that can't be ignored
Stock price-earnings ratio (PER) is one of the valuation indicators most commonly used in investment. This shows how much to pay per dollar of profit for a certain stock. For example, if a company's profit per share for the past year is 1 dollar and the stock price is 20 dollars, PER is 20.
Shares...

According to market participants, traders initially flooded into evacuated assets and will re-evaluate the transactions most related to the candidacy of former President Donald Trump, who was shot at the rally.
“Nick Tweedale, chief market analyst at ATFX Global Markets, said, “There will definitely be protectionist trends and evacuating trends early in the morning in Asia.
“Gold will hit an all-time high, yen will be bought, dollars will also be bought, and funds will flow into government bonds.
However, according to initial market comments, the possibility that Mr. Trump will be elected will increase due to the current shooting incident, the focus will shift to securities most affected by Mr. Trump's policies, and there is a possibility that it will eventually become negative for national bonds.
Assets related to so-called Trump trades range from dollars to government bonds, private prisons, credit card companies, and health insurance company stocks. Investors see that Republican policies on tariffs, immigration, and budget deficits will result in a stronger dollar, higher bond yields, and a more favorable environment for these stock sectors.
Traders also anticipated tariff-sensitive Chinese yuan etc. on Monday...

Labor statistics for 2024/5 have been announced, and attention is being drawn to wage trends in Japan.
The latest wage data and its background, and the impact on the dollar to yen exchange rate will be analyzed in detail.
✔️ The growth in prescribed salaries and the current state of real wages
The prescribed salary (basic salary) increased 2.5% compared to the same month last year. This is the first high growth rate in about 31 years since 1993. In particular, wage increases in this year's Spring Battle (spring labor-management negotiations) are reflected. Meanwhile, real wages reflecting price fluctuations declined by 1.4%, and have been negative for 26 consecutive months. Negative real wages over this long period of time have become the longest record ever, and price increases have surpassed wage increases.
✔️ The increase in nominal wages and its background
The total amount of cash salary, including basic salary and overtime pay, averaged 0.29 million7151 yen per person, an increase of 1.9% from the same month last year. It has been positive for 29 consecutive months, showing an improvement in the labor market. It is thought that the background is that companies are raising wages to secure human resources.
✔️ Chief Cabinet Secretary Hayashi's opinion
A social intention that strongly supports wage increases in small and medium-sized enterprises and makes it natural for wages to rise...

There were comments, so it's a supplement to SOXL's short-term forecast...
L is expected to be maintained between 85.91 and 112.72 over the next 3 months, but it's just a trend on the chart, and if adjustments are taken into account, it is predicted that it will be at least 75-80, and the highest value is around 105
Considering economic trends, presidential elections, and geopolitical risks, it's probably around 75-95
However, the current situation is up to about 70+α
Considering mental matters, economic trends, semiconductor-related stock trends, etc., long-term holdings are not recommended for beginners
I have L in my 3 baskets, but I'm thinking of securing 1 or 2 profits after Broadcom's split
I'll leave one for the summer rally, and after that, I plan to re-enter when it falls after mid-July and challenge in a super short period of time

Announced at 23:00 on 2024/7/1ISM Manufacturing Sentiment IndexResults for the previous month of 48.748.5It was.
The US manufacturing industry fell below 50, which is the turning point of the boom and recessionrecessionsI can say that.
ISM Manufacturing Sentiment IndexIt recorded 3 consecutive months of decline.
ThisStock heightIt's a factor.
There has been a backlash since 6/5Crude oil futures WTIhas begun to rise again.
Because the rise in crude oil prices encourages inflation and causes the period of interest rate cuts to retreatStock depreciationIt's a factor.
The reason for the rise in crude oilgeopolitical riskThat's it. Specifically, the conflict between Israel and Hezbollah, a Shiite organization in neighboring Lebanon, is intensifying.