[Market Eye] Stocks: The Nikkei Average fell, and due to Christmas vacation awareness, it became a send-off trade12/24/2024 11:43 AM GMT+9
＜11:35＞ The Nikkei Average fell, and due to Christmas vacation awareness, it became a send-off trade
The Nikkei Average fell to 39,055 yen 35 yen, 105 yen 99 yen depreciation compared to the previous business day in the Tokyo stock market. Although it began with a buying advantage by taking over the good conditions of the day before, they were aware of the Christmas holidays and gradually became a no-go business certificate. It rose to 39,245 yen 75 yen, which was 84 yen 41 yen higher at one point compared to the previous business day, but then there was also a scene where it temporarily fell to 38,999 yen 76 yen, 165 yen 58 yen depreciation compared to the previous business day. Business has also been shrinking since the day before.
[Market Eye] Interest Rates: Futures on government bonds in the front market continued to fall, long-term interest rates rose 1.065%, and sales dominance due to rising US interest rates
＜11:13＞ Front-market government bond futures continued to decline, and long-term interest rates rose 1.065% and US interest rates rose, and sales dominance
The three-month period centered on government bond futures continued to drop to 142 yen 24 yen, 7 yen depreciation compared to the previous business day, and the morning transaction ended. The yield on new 10-year government bonds (long-term interest rate) rose 0.5 bps to 1.0...

Crude oil futures are rising amidst thin trading during the Christmas holiday.December 24, 2024, 11:37 AM GMT+9
On the morning of the 24th in Asia, crude oil futures prices are rising. Supported by increasing demand from the U.S. economic indicators and India, the world's third-largest importer, amid thin trading ahead of the Christmas holiday.
At 0114 GMT (10:14 AM Japan time), North Sea Brent futures are up $0.33 (0.45%) to $72.95 per barrel, while U.S. WTI futures are up $0.29 (0.42%) to $69.53.
Excluding aircraft, non-defense capital goods (core capital goods) orders announced by the US Department of Commerce on the 23rd of November increased by 0.7% compared to the previous month. In addition, the number of new single-family homes sold in November (seasonally adjusted) reached 640,000 units, a 5.9% increase compared to the previous month on an annualized basis.
IG analyst Tony Sycamore mentioned the movement of WTI, stating that with the upcoming holiday season, volatility has decreased, and it ended the past three days slightly below $69.50, suggesting that until the US market reopens on the 27th, it may continue to move within this narrow range around this level.
On the other hand, India's crude oil imports in November increased due to the economic and travel activities picking up...

If the integration of Honda and NISSAN MOTOR CO is realized, it will be positive for the credit rating according to Moody's.December 24, 2024, 10:55 AM GMT+9.
On the 24th, credit rating agency Moody's announced an analysis that a successful management integration agreement between Honda and NISSAN MOTOR CO, which started discussions, would have a positive impact on the credit rating. This was seen as beneficial due to NISSAN's weaker credit compared to Honda.
Moody's evaluated that by sharing research and development expenses, both companies will be able to introduce new electric vehicles to the Chinese market. It could help mitigate the impact of increased import tariffs by the USA and potentially lead to an expansion of NISSAN's product lineup with the profitable Honda motorcycle business.
On the other hand, the execution risk of the integration is also highlighted as high. Honda's four-wheeler business, which has smaller profit margins compared to the two-wheeler business, is seen as having low flexibility to absorb Nissan's automobile business undergoing restructuring.
Honda's decision to conduct a ¥1.1 trillion share buyback was negatively evaluated by creditors. They are concerned about the impact on liquidity, among other things.

Nasdaq 100, including Tesla and Meta, lowered weights due to surging stock prices for rebalancing.December 24, 2024 11:42 JST
Measures based on rules to prevent excessive influence of certain stocks.
The rules regarding the reduction of mega-cap stocks are complex and subject to interpretation.
Following the revision of the composition ratio of the Nasdaq 100 Index in the USA, the weights of Tesla, Meta Platforms Inc, and Broadcom were reduced. These technology stocks had inflated market caps due to this year's surge.
The weight changes of the three companies are due to the annual rebalancing. The weights of Apple, NVIDIA, Microsoft, and Alphabet have increased, as indicated by Bloomberg's data.
This is the second allocation change of the top-weighted stocks in the same index in about a year. As the rise of leading high-tech stocks comprising the index attracts market attention and the presence of Artificial Intelligence (AI) increases, there have been movements in the rules to prevent excessive influence of some stocks in the index.
The weights of the Nasdaq 100 constituent stocks generally reflect their market cap. However, rules are also applied in cases where some stocks have become too large...

Temporary high for TSMC stocks - the rate of increase this year is the highest since 1999 due to the AI boom2024 12/24/11:36 JST
The stock price temporarily rose 1.4% in the Taipei market - up 84% so far this year
TSMC is the “best way” to develop AI themes - Mr. Net
The stock price of Taiwan Semiconductor Manufacturing (TSMC), the world's largest contract semiconductor manufacturer, temporarily hit a record high in trading on the 24th. This year's goal is to record the best performance in 25 years.
　　The stock price temporarily rose 1.4% in the Taipei market, surpassing the high recorded on November 8. As a tailwind, US semiconductor stocks such as NVIDIA, which are major customers, rose in US time. As the artificial intelligence (AI) related transaction boom continues, TSMC has risen 84% so far this year.
Mr. Kevin Nett, head of Asian stocks at Financière de Rexier, pointed out that “for our company, TSMC is the best way to develop an AI theme with a reasonable valuation value without the need to select winners or technology.” Next focus is on technology fairs to be held next month”CES 2025The presentation given by NVIDIA at” and the financial results and forecasts that TSMC will announce in the future...

The yen is in the mid-157 yen range against the dollar, showing a temporary decline under the yen-weakening pressure from Minister of Finance Kato.December 24, 2024 11:19 JST (excerpt)
In the Tokyo foreign exchange market on the 24th, the yen exchange rate against the dollar is moving in the mid-157 yen range. Following initial dollar buying due to the previous day's rise in U.S. interest rates and supply-demand-led yen selling, the yen was repurchased after Finance Minister Kato's yen-weakening remarks.
The yen is nearly unchanged from the New York closing price against the dollar at 157 yen 12 sen - as of 11:15 a.m.
After falling to 157.39 yen, it was temporarily bought back up to 157.06 yen.

MicroStrategy's next goal is to join the S&P500 - assets are soaring in cryptocurrencies.
December 24, 2024, 10:14 JST
Stock prices have risen by 480% this year, with a market capitalization comparable to some of the top companies in the US.
Next year, the adoption of fair value accounting is optimistic and Lear's CEO.
MicroStrategy, which actively invests in cryptocurrency Bitcoin, aims to be included in the S&P 500 index constituents of the company's stocks. If achieved, index funds and others would purchase large amounts of the company's stocks, further popularizing cryptocurrency, which supporters of the company's founder Michael Lear are hopeful for.
On the 23rd, MicroStrategy met all the index inclusion criteria and joined the Nasdaq 100 Index. As a result of transforming from a software company in the dot-com era to a company primarily focused on Bitcoin investments, the company's stock price has risen by 480% this year. Its Market Cap is now on par with some of the top US companies.
Mr. Lear's current target is the inclusion in the S&P 500. While Wall Street insiders see this as a challenging feat, with changes in accounting rules related to digital assets, the basis for profits...

The Federal Reserve plans to revamp bank stress tests to standardize changes in capital requirements.December 24, 2024 10:26 JST
The policy is to start the process of soliciting opinions in early 2025.
The results of stress tests will be averaged over two years - Federal Reserve.
The Federal Reserve Board (FRB) is refreshing the stress tests conducted annually on major banks. The outline of the proposal was announced on the 23rd, aiming to normalize the fluctuations in capital requirements levels every year.
According to the plan, the results of the annual stress tests evaluating the recovery capabilities of major banks by estimating losses, income, capital levels under recession scenarios will be averaged over a period of 2 years. Additionally, after soliciting public opinions on the annual assumed scenarios, the final scenarios will be confirmed.
In the announcement, the FRB explained that these proposed changes would not have a significant impact on general capital requirements. They are intended to prepare for potential impacts of advancements in legal environment and framework changes in administrative law.
Federal financial regulatory authorities such as the FRB are facing pressure from the upcoming Trump administration and demands for regulatory easing from the banking industry. The Supreme Court has previously faced administrative...

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
Hello meow~Pienane Santa is Financial Estimates.
The American market will have shortened hours tonight, right?Because the time is short, Santa is also very busy, you know.
N has risen to 139.
If it continues to rise like this, breaking through 142.33 (142.21) and then 146.54, followed by breaking through 147.31, will sustain the breakout and continuous rise.
Can it break through 146.54?Before that, tonight, the target is to break through 139.79 (139.87)~
We can only pray that it doesn't fall below 136.70 at the current situation.
If it drops below 136, it may reach 133/132, and further down to 126.If it breaks through 126, it may reach 125/120/112.
Tonight, if it surpasses 142, it might bring Christmas presents and end-of-year rally.

Last night's USA market seemed quite difficult to comprehend. Before the market opened, Futures kept falling, and when the market opened, it dropped even further, but eventually reversed, ending the Index ETF in the positive. It feels like lingering volatility from the FOMC shock.
In my portfolio stocks, $Palantir (PLTR.US)$ Stock XYZ was digging a hole temporarily but managed to recover and closed in the positive. Impressive!
$Tesla (TSLA.US)$ Stock ABC also closed in the positive, but since it fell below the previous day's low and did not surpass the previous day's high, it doesn't seem like a good situation. As it is holding at the 38.2% Fibonacci retracement level, there may be a possibility. In any case, it seems that the strength before the crash will not return for a while.
In US stocks $Astera Labs (ALAB.US)$ and $Apple (AAPL.US)$ I purchased ALAB. It has a bit of a quirk, but a very strong Candlestick chart. AAPL is modest but clean, and I bought it as it quietly hit a new high. If AAPL continues to rise, I plan to increase my Buy position.
In Japanese stocks $Asahi Kogyosha (1975.JP)$ and $Hino Motors (7205.JP)$ I intend to buy...