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$Direxion Daily TSLA Bull 2X Shares (TSLL.US)$
However, what could be the reason for such a decline?
I won't be deceived.![]()
While economic indicators have shown that there is currently no need to worry about an economic downturn... interest rates are declining, the downward momentum of the dollar index is a tailwind, and concerns about a reverse yield curve resolution-induced crash and rate cuts = the belief that an economic downturn is near, as these worries intensify, cash will be liquidated, funds will flow into bonds, etc., interest rates will further decline, and it will create a tailwind for stocks... the impact if an economic downturn does not occur would be significant and predictable.![]()
As for the extent of the interest rate cut, I believe it will be around 0.25 based on the employment statistics. If people who were expecting 0.5 view it pessimistically that it became 0.25, it would be a misunderstanding. The important thing is that the FRB does not lag behind the economy and achieves preventive interest rate cuts, which will be a tailwind for the stock market, while considering the re-emergence of inflation and enduring for a long period with the card of multiple interest rate cuts without destabilizing employment. This is favorable for stocks.
However, what could be the reason for such a decline?
I won't be deceived.
While economic indicators have shown that there is currently no need to worry about an economic downturn... interest rates are declining, the downward momentum of the dollar index is a tailwind, and concerns about a reverse yield curve resolution-induced crash and rate cuts = the belief that an economic downturn is near, as these worries intensify, cash will be liquidated, funds will flow into bonds, etc., interest rates will further decline, and it will create a tailwind for stocks... the impact if an economic downturn does not occur would be significant and predictable.
As for the extent of the interest rate cut, I believe it will be around 0.25 based on the employment statistics. If people who were expecting 0.5 view it pessimistically that it became 0.25, it would be a misunderstanding. The important thing is that the FRB does not lag behind the economy and achieves preventive interest rate cuts, which will be a tailwind for the stock market, while considering the re-emergence of inflation and enduring for a long period with the card of multiple interest rate cuts without destabilizing employment. This is favorable for stocks.
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$NVIDIA (NVDA.US)$
Although there are also nvidia's financial results,
Everyone, let's be careful of typhoons!
However, when it comes to nvidia, I have also set limit orders, deleted them, and decided to hold, but I can't make up my mind...
I will be cautious of typhoons!
Although there are also nvidia's financial results,
Everyone, let's be careful of typhoons!
However, when it comes to nvidia, I have also set limit orders, deleted them, and decided to hold, but I can't make up my mind...
I will be cautious of typhoons!
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This week is positive for the market.
Look here on Tuesday. If Tuesday didn't exist in this world, this month would be super profitable. I realized something. If you sell on Monday and buy back on Tuesday, you could become a millionaire in no time, right? Is that even possible? The Michael Jackson Hall was as expected. I thought it was already factored in, but in the end the exchange rate moved in favor of the yen. Even though a strong yen might seem like a loss for US stocks, it's not. Just like buying the dip, you can double down further and push. Even if it goes to 120-130 yen and the exchange rate stabilizes, it will eventually depreciate again. That's how the economy works.
More importantly, look at this. $UL Solutions (ULS.US)$
I only have one share right now, but you absolutely have to buy this stock! Even during that big crash, it's been going up without any issues, you know?
Well, I am advancing along the explosive loss road with Jumia, you know.
Look here on Tuesday. If Tuesday didn't exist in this world, this month would be super profitable. I realized something. If you sell on Monday and buy back on Tuesday, you could become a millionaire in no time, right? Is that even possible? The Michael Jackson Hall was as expected. I thought it was already factored in, but in the end the exchange rate moved in favor of the yen. Even though a strong yen might seem like a loss for US stocks, it's not. Just like buying the dip, you can double down further and push. Even if it goes to 120-130 yen and the exchange rate stabilizes, it will eventually depreciate again. That's how the economy works.
More importantly, look at this. $UL Solutions (ULS.US)$
I only have one share right now, but you absolutely have to buy this stock! Even during that big crash, it's been going up without any issues, you know?
Well, I am advancing along the explosive loss road with Jumia, you know.
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![August, 4th week.](https://sgsnsimg.moomoo.com/sns_client_feed/182519241/20240824/1724464434991-random9677-182519241-android-org.png/thumb?area=105&is_public=true)
![August, 4th week.](https://sgsnsimg.moomoo.com/sns_client_feed/182519241/20240824/1724464480573-random7377-182519241-android-org.png/thumb?area=105&is_public=true)
![August, 4th week.](https://sgsnsimg.moomoo.com/sns_client_feed/182519241/20240824/1724464527732-random8228-182519241-android-org.png/thumb?area=105&is_public=true)
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$NVIDIA (NVDA.US)$ Bearish doji appeared in each index etf. Is this a sign of a top? Maybe should reduce positions a bit.
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Pay attention to Powell's remarks at Jackson Hole on Friday. I expect some movement tomorrow. Let's be careful with the bull trap now!
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The Chicago Fed National Activity Index fell to -0.34 in July.
August 22, 2024 21:30 JST
The National Activity Index for the U.S. released by the Chicago Federal Reserve in July decreased to -0.34. The market financial estimates were +0.03, while the previous month was -0.09.
When the index falls below zero, it indicates that the growth of the U.S. economy is below historical trends and suggests signs of easing future inflationary pressures.
Among the 85 monthly individual indicators, 28 contributed positively, while 57 contributed negatively.
August 22, 2024 21:30 JST
The National Activity Index for the U.S. released by the Chicago Federal Reserve in July decreased to -0.34. The market financial estimates were +0.03, while the previous month was -0.09.
When the index falls below zero, it indicates that the growth of the U.S. economy is below historical trends and suggests signs of easing future inflationary pressures.
Among the 85 monthly individual indicators, 28 contributed positively, while 57 contributed negatively.
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This article uses auto-translation in some sections
On the 21st, the U.S. Bureau of Labor Statistics (BLS) announced that there may have been a 28% lower increase in the number of employees over the past year than previously reported. This revision, the largest in 15 years, raises concerns that the actual economic situation may be weakening more than expected. Although there were suggestions that the Federal Reserve's (FRB) anticipated rate cut in September might have been delayed, the market's reaction was subdued.
On the 21st, U.S. stock market indexes across the board rose, with the S&P 500 up by 0.42%, the Dow up by 0.14%, and the U.S. small-cap stock index and chip stock index rising by over 1%. U.S. bond yields also continued to decline (bond prices rose), falling to nearly 11 basis points. $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$dropping by nearly 11 basis points.
Suggesting a significant slowdown in the labor market.
On the 21st, the U.S. Department of Labor Statistics announced estimated annual revisions for the 2024 employment statistics, lowering the total number of U.S. non-farm sector employees for the year ending in March 2024 to 0.818 million, a downward revision of 0.5%.
Although there was already a sense of slowdown in the U.S. labor market, the reality reflects further cooling.
Official revised values will be released in January 2025...
On the 21st, the U.S. Bureau of Labor Statistics (BLS) announced that there may have been a 28% lower increase in the number of employees over the past year than previously reported. This revision, the largest in 15 years, raises concerns that the actual economic situation may be weakening more than expected. Although there were suggestions that the Federal Reserve's (FRB) anticipated rate cut in September might have been delayed, the market's reaction was subdued.
On the 21st, U.S. stock market indexes across the board rose, with the S&P 500 up by 0.42%, the Dow up by 0.14%, and the U.S. small-cap stock index and chip stock index rising by over 1%. U.S. bond yields also continued to decline (bond prices rose), falling to nearly 11 basis points. $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$dropping by nearly 11 basis points.
On the 21st, the U.S. Department of Labor Statistics announced estimated annual revisions for the 2024 employment statistics, lowering the total number of U.S. non-farm sector employees for the year ending in March 2024 to 0.818 million, a downward revision of 0.5%.
Although there was already a sense of slowdown in the U.S. labor market, the reality reflects further cooling.
Official revised values will be released in January 2025...
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![Significant downward revision of the number of U.S. non-farm sector employees, why is the market watching silently?](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240822/5ad6171dc4af9dfc6e7d648c10f6dde9.png/thumb?area=105&is_public=true)
![Significant downward revision of the number of U.S. non-farm sector employees, why is the market watching silently?](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240822/c25912fd041e07a39b719e0970eff178.png/thumb?area=105&is_public=true)
![Significant downward revision of the number of U.S. non-farm sector employees, why is the market watching silently?](https://sgsnsimg.moomoo.com/sns_client_feed/181250687/20240425/c3f0aeae25cc4bf947fff7f33d0f6a3a.png/thumb?area=105&is_public=true)
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Thailand confirms new variant of smallpox, the first infection in asia.
August 22, 2024, 20:00 JST
A new variant of smallpox (monkeypox) virus infection has been confirmed in Thailand. The World Health Organization (WHO) has declared a public health emergency of international concern regarding smallpox. Infections have been reported in multiple regions.
According to the Department of Disease Control, Ministry of Public Health, Thailand, a European man who arrived in Bangkok from Africa last week tested positive for the 'Clade 1b' variant. Authorities have identified 43 individuals who had close contact with this man.
Men have symptoms and diseases related to empox, and were hospitalized on August 15th the day after arriving in Bangkok.
Empox emergency, what disease is it and how to prevent it - QuickTake
August 22, 2024, 20:00 JST
A new variant of smallpox (monkeypox) virus infection has been confirmed in Thailand. The World Health Organization (WHO) has declared a public health emergency of international concern regarding smallpox. Infections have been reported in multiple regions.
According to the Department of Disease Control, Ministry of Public Health, Thailand, a European man who arrived in Bangkok from Africa last week tested positive for the 'Clade 1b' variant. Authorities have identified 43 individuals who had close contact with this man.
Men have symptoms and diseases related to empox, and were hospitalized on August 15th the day after arriving in Bangkok.
Empox emergency, what disease is it and how to prevent it - QuickTake
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U.S. Kansas City Fed President Schmid
“We need to see more data before we support interest rate cuts”
“The annual revision of employment statistics does not change my way of thinking”
“We need to see more data before we support interest rate cuts”
“The annual revision of employment statistics does not change my way of thinking”
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