Weekly Outlook | The Federal Reserve takes the lead as the last "Central Bank Super Week" of the year is approaching; China's economic data for November and important inflation data from the USA will soon be revealed.
Currently, the market widely anticipates that the Federal Reserve has a high probability of lowering interest rates by 25 basis points in December, reaching as high as 97%. However, due to stronger data in November, the risk of the Federal Reserve pausing interest rate cuts in early 2025 has increased, making Powell's post-meeting remarks and the latest economic forecasts crucial.
2nm, is the winner already determined?
Taiwan Semiconductor's dominant position has raised concerns about its pricing power for the 2nm process. In the absence of viable competition, Taiwan Semiconductor has transformed from an 'effective' frontier monopolist into a true monopolist. This allows them to increase prices at will.
Next week will be the last "Central Bank Super Week" of this year, and 24-hour traders will have to work non-stop.
Next Wednesday, the Federal Reserve will hold its last interest rate decision meeting of the year, followed by Japan, Nordic countries, the United Kingdom... By the close of business next Friday, at least 22 central banks globally will announce their interest rate decisions, representing a total of two-fifths of the global economy.
"The AI God" delivered a powerful speech: the era of "pre-training" dominated by computational power will end, the next generation belongs to "inference"; if machines have consciousness, then let them awaken!
Ilya Sutskever, former co-founder of OpenAI and founder of SSI, stated during his speech that the pre-training phase of AI model development is coming to an end. The future development of AI will focus on Asia Vets, synthetic data, and reasoning time computation. He elaborated on the immense potential of these three directions, for instance, synthetic data can overcome the limitations of real data volume, while reasoning time computation can enhance the efficiency and controllability of AI.
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Sell NVIDIA, buy Broadcom! What is the market saying on Friday?
Analysts pointed out that Wall Street is focusing on the demand for ASICs (Application-Specific Integrated Circuits) from major Technology companies, which may be one of the reasons for the drop in NVIDIA Stocks. In the coming years, custom chips will gradually take market share from expensive GPUs in the applications of generative AI.
Top 20 by transaction amount | Tesla's stock price has reached a historic high, with a cumulative increase of nearly 80% since the election; Broadcom surged 24% after earnings, with a Market Cap surpassing 1 trillion USD.
On Friday, the first in U.S. stock trading volume was Tesla, which rose 4.34%, reaching a historical high price, with a trading volume of 38.132 billion USD; the second was NVIDIA, which fell 2.25%, with a trading volume of 31.251 billion USD; the third was Broadcom, which rose 24.43%, with a trading volume of 26.607 billion USD, and its Market Cap surpassed 1 trillion USD.
After the iPhone, Apple has manufactured AirPods in India for the first time.
Apple's supplier, Foxconn Technology Group, will be responsible for the project at the new factory near Hyderabad in Telangana. The factory has begun trial production and is expected to go into full production in the first quarter of next year.
U.S. stock market close | The Nasdaq 100 has risen for four consecutive weeks, Tesla's stock increased by over 4% reaching a new historical high, Broadcom surged over 24% after earnings with a market cap surpassing one trillion dollars.
The three major U.S. stock indexes closed mixed, with the Dow Jones falling for the seventh consecutive Trade day, marking the longest losing streak since 2020, as investors expect the Federal Reserve to slow the pace of interest rate cuts next week.
ProShares UltraPro QQQ ETF Options Spot-On: On December 13th, 369.33K Contracts Were Traded, With 976.29K Open Interest
On December 13th ET, $ProShares UltraPro QQQ ETF(TQQQ.US)$ had active options trading, with a total trading volume of 369.33K options for the day, of which put options accounted for 39.22% of the
Market Clubhouse Morning Memo - December 13th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META and TSLA)
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