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Mag 7 all fell, Nasdaq plummeted! Did the giants' financial reports collapse?
The financial reports of the giants are not bad, both revenue and profit are very outstanding, but considering the current stock price and valuation levels, the performance guidance they provide is not good enough.
Daily Bull and Bear | Hang Seng Index futures rose to 20,432 points, up 115 points; the trading proportion of bearish warrants slightly increased, inflow of light positions funds into Hang Seng Index, Tencent.
Overnight, hsi futures current closed at 20,432 points, up 82 points or 0.40%, with a high of 115 points.
"Trump trade" and dealing with "Trump trade"
Analysis suggests that, in response to potential tariff shocks, it may be appropriate to adjust the exchange rates of the Renminbi to cope, and it is recommended to avoid some heavy asset enterprises. Potential tariffs may lead to a contraction in external demand, prompting a stronger focus on stimulating domestic demand, potentially elevating consumer to an unprecedented level in financial stimulus.
PCE data is mixed with joys and sorrows! Will the Federal Reserve still cut interest rates twice this year as scheduled?
The road to bringing the inflation rate down to 2% will be long and difficult, with some economists starting a heated debate on whether the Fed will pause interest rate cuts in November...
Futu Morning Post | Non-farm payrolls are in trouble tonight? Fed's 'hot ticket committee' takes preventive measures; Excellent stocks celebrate! Amazon, Intel stock prices soar after hours.
In September, PCE experienced an 'expected rebound', which did not affect the gradual interest rate cut expectation; usa White House economic adviser Bernstein: Inflation is approaching the Federal Reserve's 2% target.
11/1 [Strong and Weak Materials]
[Bullish/Bearish Factors] Bullish Factors: Bullish factors include the rise in US crude oil futures (69.26, +0.65), expectations for easing inflation in the USA, active share buybacks, and requests from the Tokyo Stock Exchange for increased corporate value. Bearish Factors: Bearish factors include the decline in the Nikkei Average (39081.25, -196.14), the drop in the Dow Jones Industrial Average (41763.46, -378.08), the decrease in the NASDAQ Composite Index (18095.15, -512.78), 1 dollar = 152.10-20 yen, and the fall of Chicago Nikkei futures (38350, -710 compared to Osaka).