The U.S. comprehensive PMI in November reached a high level not seen in two and a half years, with expectations for the new government's corporate preferential policies.
November 23, 2024, 1:13 AM GMT+9
On the 22nd, the S&P Global announced that the preliminary value of the November U.S. Purchasing Managers' Index (PMI) was 55.3, reaching the highest level in 31 months since April 2022. Expectations of lower interest rates and corporate preferential policies under the upcoming Trump administration have provided tailwinds.
It was 54.1 in October. 50 marks the threshold between expansion and contraction.
Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, stated that "there are signs that economic growth is accelerating in the fourth quarter", and mentioned that "optimism has increased due to expectations of lower interest rates and a pro-business posture by the next administration, leading to an increase in production and orders in November."
In the breakdown, new orders rose from 52.8 in October to 54.9.
The input price decreased from 58.2 in the previous month to 56.7. The selling price also decreased from 52.1 to 50.8, reaching the lowest level since May 2020, supporting the view that inflation is slowing down.
On the other hand, employment remained almost unchanged...

$Vistra Energy (VST.US)$ It's totally positive, but the drop is so extreme that it feels like there's something warm about it.

$Palantir (PLTR.US)$
I thought it felt like acetra, but did it change.
It would be nice to keep running like this~

$Riot Platforms (RIOT.US)$
From 'Why does it drop so much'
and it becomes 'I'm done'
from the moment 'I thought about moving on and letting go'
Recover and break through to a new all-time high at once.
I have watched this kind of market many times with bated breath.
That's why I wait!!

$Vistra Energy (VST.US)$
Next year is the real deal! I think so...
It's just my feeling♪
(ﾟ∀ﾟ)o彡ﾟ

$Canaan (CAN.US)$
Oh, it's dropping.

$Vuzix (VUZI.US)$
Thank you microsoft♪

The second time it goes up after selling 🤮
$Apple (AAPL.US)$

$NVIDIA (NVDA.US)$
Chinese companies like DeepSeek and Moonshot AI, which claim to have the same performance as OpenAI's inference model "o1-preview", have introduced products. DeepSeek, in particular, released a product with equivalent performance in the week when OpenAI's "o1 full" was rumored to be released. (By the way, OpenAI released the "4o" update that week) In the future, I still feel the potential for growth in NVIDIA's products beyond the competition for inference performance. On the other hand, it is also conceivable that with the advancement of technological catch-up and the internalization of semiconductors, it could become a matter of concern for national security.