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One week preview | USA CPI, PPI data is coming! Powell and a group of Fed officials will speak intensively; The Chinese concept stock earnings season opens! Tencent, Alibaba performance will be announced soon.
China's financial data such as social zero, social financing, etc. will be released this week. The State Council Information Office will hold a press conference on the national economic situation; after the US election, the Bank of Japan will announce a summary of opinions from the October monetary policy meeting on Monday.
US stock market morning session | The three major indexes rose together, with Tesla up more than 3%, breaking through the $300 mark; Chinese concept stocks generally trended lower, with ke holdings down more than 6%.
On the evening of the 8th peking time, the US stock market opened with mixed gains and losses on Friday. After Trump's victory, investors are weighing the possibility of the Republican Party simultaneously controlling both houses of Congress in the usa, and are paying attention to the latest rate cut measures of the Federal Reserve and the future interest rate path.
US Stock Outlook | The enthusiasm for the 'Trump trade' cools down! The market questions the difficulty of policy implementation; nvidia continues to rise before the market opens, refreshing the historical market cap of the US stock market
Is the demand for ai chips slowing down? taiwan semiconductor's sales in October increased by 29.2% year-on-year, the lowest growth rate since February; upstart's Q3 revenue was $0.162 billion, a 20% increase year-on-year.
Daily Options Recap | Large options bet of over a hundred million US dollars! Institutional investors collectively buy into nvidia; super micro computer rebounds by over 12%, with call options expiring in the money this Friday doubling in value.
Energy Transfer, the oil & gas pipeline company in the usa, revealed strong Q3 performance the day before yesterday, with options volume soaring to 2.75 million contracts and a call ratio of 99.4%.
Futu Morning Post | The Fed cut interest rates by 25 basis points as scheduled! The financial markets are all celebrating, with the S&P and Nasdaq hitting record highs; Chinese concept stocks are all booming! Foreign institutions believe it is a good time
USA inflation concerns resurface! Labor costs unexpectedly surged in the third quarter; Trump triggers a frenzy in ETFs, with risk asset ETFs attracting 16 times the daily average inflow; Nvidia's stock price hits a new high, with a total market value exceeding 3.65 trillion US dollars, receiving a "buy" rating reaffirmed by Goldman Sachs.
"New Bond King" speaks out: If the Republican Party achieves a "red sweep," US bond yields may be even higher.
Gornack's main point is that he believes that an increase in government spending in the usa will require an increase in borrowing through issuing national debt, thereby putting upward pressure on long-term bond yields.