Daily options recap | Apple closes up nearly 2%, Friday's call options with the highest profit reaching 150%; SPY, QQQ put options ratio increases, now tens of millions of dollars large order selling call options.
Nvidia fell slightly by 0.18%, the call ratio rose to 62.7%; In Nvidia options, the highest number of unclosed call options with a strike price of $110 expiring on December 30 this year reached 0.203 million contracts.
Wall Street's top short sellers rarely change their stance! First time in two years issuing optimistic signals for US stocks.
jpmorgan's chief global equity strategist stated that multiple driving factors, combined with the usa exception theory, are helping to offset the unbalanced macro weakness.
The US stock market hit a new high again! For the first time in two years, one of the biggest bears on Wall Street has changed their attitude.
①Since October 2022, JPMorgan's strategist has been bearish on the US stock market; ②However, according to the report released by the bank's chief global equity strategist Dubravko Lakos-Bujas on Tuesday, this situation seems to be changing; ③Although he did not update the year-end target price of 4200 points for the S&P 500 index, he did suggest investors not to be so bearish on the market.
CICC: The "turning point" of the Sino-US cycle has emerged, where are the new opportunities for asset allocation?
The changes in the economic cycles of China and the USA have already given birth to the assets' "crossing point". The more certain crossing points brought by changes in the economic cycles of China and the USA are the short-term debts in the USA, the real estate chain, and the Chinese export chain, with Hong Kong stocks (especially growth) outperforming A-shares.
S&P 500 Cracks Another New Record High: Can US Stocks Keep Charging Higher?
Futu Morning Post | The minutes of the Federal Reserve meeting 'extinguished' expectations of a significant interest rate cut, with serious internal divisions within FOMC; gtja's absorption and merger of haitong sec proposal is finalized, both will resume
Federal Reserve voting committee members expect one or two more rate cuts this year, while next year they reiterate caution; Huang Renxun: The future of AI lies in 'reasoning', significant reduction in chip costs is key.
Transaction volume TOP20 | Super micro computer rises by over 4% again, with a cumulative increase of over 13% since October; Google fell by 1.53%, with the US Department of Justice considering splitting the company.
Nvidia, ranked first in trading volume on Wall Street on Wednesday, fell by 0.18%, with a turnover of $32.622 billion; Tesla, ranked second, fell by 1.41%, with a turnover of $16.092 billion; Apple, ranked third, rose by 1.67%, with a turnover of $7.67 billion.
US stock market morning session | The three major indexes are mixed, with the Dow rising and the Nasdaq slightly falling; Chinese concept stocks generally trend lower, with Netease falling nearly 6% and Alibaba dropping over 2%.
On the evening of the 9th, the US stock market opened basically flat. The Federal Reserve is about to release the minutes of the September monetary policy meeting. The market will also focus on CPI inflation data and US stock earnings reports this week. Chinese concept stocks in the US stock market generally fell.
Preview of US stocks | Focus tonight! The minutes of the Fed meeting with a series of official speeches are coming; the three major futures are generally down before the market, nvidia continues to rise by more than 1%, and Chinese concept stocks continue
Set! On Saturday morning at ten o'clock, the highly anticipated press conference by the Ministry of Finance will take place; ai chips maintain strong demand! Taiwan Semiconductor's Q3 revenue exceeded expectations, with a significant increase of 39%; the US Department of Justice is considering recommending that Google sell off parts of its business.
US stocks booming | Surging over 23% since September! Software giant Oracle may cooperate with Open AI; AI boom reignites! Palantir's annual surge of 140% approaches a market cap close to one trillion US dollars.
Institutions expect Q3 sales to exceed expectations! The used car platform carvana surged more than 6% overnight, breaking a new high in stock price since 52 weeks.
Daily options tracking | Nvidia's stock price hit a three-month high, with the highest increase in call options nearly tripling; China concept ETF cools down, with a significant decrease in volatility.
tesla rose slightly by 1.52%, the call options with expiration dates of this Friday at 245 and 250 US dollars were the most active, Robotaxi conference tickets have been issued, the event is scheduled for 10 am this Friday morning peking time.
Financial report season is approaching, Bank of America: the threshold for US stock rise is very low.
Bank of America stated that Wall Street has set a relatively low profit threshold for the third quarter, and more importantly, companies are looking ahead to the next few quarters under the Federal Reserve's loose policy.
Allianz Chief Economist Elian: The outlook for the Federal Reserve rate cut is shrouded in mist, which will cause market turbulence and unrest.
①Mohammed El-Erian, Chief Economic Advisor at Allianz, stated that due to the huge uncertainty about the prospect of a rate cut by the Federal Reserve, the speculative game surrounding the Fed's monetary policy path is causing massive market volatility; ②The CPI data to be released this week will be crucial. Any unexpected CPI data could lead to significant market turbulence once again.
Citi: It is unlikely that the Fed will skip the possibility of cutting interest rates in November!
The analyst pointed out that the strong non-farm payroll data last Friday may not be sustained, and the Federal Reserve will cut interest rates by at least 25 basis points at each meeting.
Fed's 'Number Two' spoke: inflation and employment risks are currently in balance.
1. Federal Reserve Vice Chairman Jefferson stated on Tuesday, October 8th, that inflation is steadily moving towards the 2% target, while economic activity continues to grow at a steady pace. 2. He also pointed out that the risks facing the two mandates of employment and inflation are currently close to balance. 3. He also mentioned that when considering further interest rate cuts, he will focus on upcoming data, economic prospects, and risk balance.
Asset management giant warns: inflation as high as 4% may become the new normal in the USA!
guggenheim's chief investment officer stated that in most of his career, he has not seen so much conflicting information and rising risks.
Futu Morning Post | Multiple bullish factors superimposed! Nvidia carries the banner of US stocks, S&P approaches historical new highs; Senior officials of the Federal Reserve speak intensively: Rate cuts should be cautious, relying on data.
Federal Reserve officials set the tone for future rate cuts as "balanced", "cautious" and "data-driven"; High interest rates are fierce: U.S. congressional institutions predict a more than 8% expansion of the government deficit in the 2024 fiscal year, with interest payments surging by 34%; The first dismal results of the 3-year Treasury note auction after the Fed's rate cut, with overseas demand plummeting.
Trading volume TOP20 | The seven giants of the US stock market all rose! Nvidia rose by more than 4%; Chinese concept stocks fell, and Alibaba dropped over 6%
On Tuesday, Nvidia ranked first in the trading volume of US stocks, closing up 4.05% with a turnover of 37.636 billion USD; Tesla ranked second, closing up 1.52% with a turnover of 13.727 billion USD; Microsoft ranked third, closing up 1.26% with a turnover of 7.952 billion USD.
Federal Reserve officials set the tone for future interest rate cuts: "balanced", "cautious", and "data-driven".
Federal Reserve Governor Kugler believes that a balanced approach should be taken, both reducing inflation and avoiding unnecessary economic and employment slowdowns; inflation faces some risks, she is paying attention to Hurricane Helene and Middle East geopolitical events. Boston Federal Reserve Chairman Collins said to maintain the current favorable economic environment, he is more confident about future inflation downturns, but the risk of unnecessary economic slowdown is increasing.
U.S. stock market morning session: The three major indexes show divergent trends, with the Nasdaq up nearly 1%, nvidia up over 3%; china concept stocks are generally experiencing a pullback, with Bilibili falling over 13% and Alibaba down nearly 7%.
US stocks opened higher on Tuesday, with major stock indexes rebounding slightly after yesterday's decline. US Treasury yields continue to rise. Crude oil futures prices fell. This week, the market is focused on the minutes of the Federal Reserve meeting, September CPI inflation data, and the upcoming earnings season.