$Tesla (TSLA.US)$
Good evening meow 😸
Looks like a large ABC pattern forming.
Currently, there is a possibility of rising to 343/354 as long as it remains above the 321.40 low of the A wave.The upward target is almost perfectly aligned with the 347/358 resistance.
If it breaks the 358 micro resistance and can surpass it, the first micro-level upward expansion target would be 372, according to analysis.
The target for a larger time frame is 411.
Well then, see you later.Goodbye

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
Good evening meow 😸
CPI announcement tonightI wonder what will happen~
N148.19/L30.61, L is dragging down and falling.
But this is just the beginning.
N surpasses 148, holds at 149.62, and once it exceeds 150, it will break through the atmosphere.
As long as it exceeds 143.38, the rocket will keep flying.
The current financial estimates for N are around 160-165, maybe around 164.This is just a current situation analysis.
See you later.Goodbye

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
Good evening~
Tonight is about unemployment insurance.We are also awaiting the announcement of the FOMC meeting and interest rate cut.
I drew a new line to make it easier to read and clean up the messy N chart.
We can see Enu at 150+α, but will it launch like a rocket🚀 as it is?Is it a rocket launch by pulling back and then bouncing?
If aiming for a new high before the financial results, analyzing to form a bigger wave (ABC pattern) than now, pulling back once to 141/139/137 before bouncing up to 150 or higher 🚀 In this case, hold at least 135.19.
If it continues to rise without pulling back, hold at least 141.85 for continued growth and hold & break to 152.47.
At 40, L might come into view.
Will N continue to head towards Zone 150 like this?Will it return to Zone 130 temporarily, prepare for settlement, and then launch like a rocket🚀?
I will watch tonight while drinking cocoa☕.When it gets cold, cocoa warms the body the best.
Well then, see you later.Goodbye.
...

If Mr. Trump wins, U.S. stocks will be sold - Bank of America Corp follows Citi in sounding a contrarian alarm.
November 1, 2024, 8:15 PM JST (excerpt)
If Mr. Trump wins and the Republican Party gains a majority in both houses, inflation will accelerate.
Market consensus expectations for a Trump victory point to further stock price increases.
If Mr. Donald Trump wins the US presidential election and US stocks rise, investors should consider selling, advised Michael Hartnett, a strategist at Bank of America (BofA). Citi also expressed a similar view earlier this week.
If Mr. Trump wins the presidential election and the Republican Party gains a majority in both the Senate and the House, tax cuts and immigration regulations are expected to be implemented, pointed out Hartnett in a report. This would lead to inflation and rising interest rates, creating a risk-off situation for stocks, he analyzed.
Contrary to the views of two major Wall Street banks, the consensus in the market is that if Mr. Trump wins, the lowering of corporate taxes would benefit corporate earnings and become a tailwind for US stocks. The S&P 500 index has been rising in recent weeks...

In the US employment statistics, the number of non-agricultural sector employees in October increased by 0.012 million people - with an unemployment rate of 4.1%.
November 1, 2024, 21:40 JST
In the October US employment statistics, the number of non-agricultural sector employees significantly fell below market expectations. The unemployment rate remained unchanged from the previous month.
The number of non-agricultural sector employees (establishment survey, seasonally adjusted) increased by 12,000 compared to the previous month.
The median of financial estimates by economists shows an increase of 0.1 million people.
The previous month was revised downward to an increase of 0.22 million 3000 people (initial estimate was an increase of 0.25 million 4000 people).
The unemployment rate based on household surveys remains unchanged at 4.1% from the previous month.
Market expectations are also at 4.1%.

$Trump Media & Technology (DJT.US)$
Good evening.
Since it has dropped to 35.16, it touched the Bulls-Eye, right?
It is moving towards 37 after the bounce.If the bottom of Wave 3 was 35.16, then the support for Wave 4 is actually 40/42/44(45), so it is necessary to break through 40/42/44(45) and surpass it to nullify the downward pressure.
If it falls below 35.36/35.16, there is a possibility of dropping to 34.62/32.06/29/23.
Well, see you later.Goodbye.

ADP Employment Change in the US increased by 0.23 million3000 in October, exceeding market expectations.
October 30, 2024 21:20 JST
According to ADP, the number of private employees in the US increased by 0.23 million3000 in October. The median of economists' financial estimates compiled by vroom was an increase of 0.11 million1000 people.

$Advanced Micro Devices (AMD.US)$ Reed's Inc. announced earnings after the close on October 29. Stock price...fell 7.6% in after-hours trading.did.
◇Performance for the July-September period.はStrong performance of AI semiconductors.But exceeded market expectations.Sales revenue outlook for the October-December period.Thebelow market expectations.。
◇The company side This year's AI semiconductor revenue forecast has been revised from the previous $4.5 billion to $5 billion Upward revisionHowever, the magnitude of this increase is The concern about the slowdown of the company as a whole was not offset. $NVIDIA (NVDA.US)$and it was undeniable that it was inferior to the momentum.。
After the good settlement day, TSMC is hitting the best intrinsic value at $200.
Q3 performance: Beat financial estimates.
◇Adjusted EPS(Earnings per share): $0.92, market expectation is $0.92.
◇RevenueRevenue: $6.82 billion, up 18% year-on-year, market estimates at $6.71 billion.
・Increased revenue in the datacenter and client segments.However,Decreased revenue in the gaming and embedded segments.partiallyOffsettingDone.
・The datacenter division is performing well with a 122% increase in revenue year-over-year. Clients also showed a solid performance with a 29% increase, while the gaming division experienced a 69% decrease in revenue, and the embedded division...

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
Good evening meow 😺
If AMD's earnings tomorrow morning show strong demand for AI-related semiconductors, it would be a tailwind for the entire sector.
In order to be a tailwind for dow and L, it depends on the earnings of dow's major customers.
This week, Microsoft, Alphabet, Amazon, and Meta will announce their financial results. These four companies account for over 40% of company N's revenue from May to July (Q2), so the key point in assessing the demand trends for N is the AI investment of each company.
🚨 Tonight's financial estimates for N...
It also feels like heading towards 137 for a breakdown and retreating for retesting.
Being rejected at the 143 micro support and positioned around 140 means the possibility of either direction.
Currently, it needs to surpass 138.89, hold & break 143, and not exceed 144.70.
If it falls below 138.60, there is an increased possibility of heading towards 137/132.
The rest depends on this week's earnings.
Until next time...