Bank of America survey: Global stock markets have seen the first sell signal, investors' cash allocation ratio has dropped from 4.2% to 3.9%.
①A survey by Bank of America shows that "going long on Chinese stocks" ranks in the top 3 of the survey conducted by Bank of America this time; ②In the survey, the net proportion of those who expect the Chinese economy to strengthen in the next 12 months reached 48%, the highest level since April 2023; ③ The report also states that since February 2021, global stock markets have seen a sell signal for the first time.
Tonight, is usa's retail data going to be amazing?
Bank of America expects that the US Census Bureau will carry out an "extreme" seasonal adjustment, pushing retail sales in September to surge by 0.8% month-on-month, far exceeding the general market expectations. Bank of America stated that this retail data is released following the "encouraging" GDP and non-farm payroll data, making it "significant"; if the data spikes as expected, it may increase the probability of an economic "soft landing" and intensify the uncertainty of the Fed's interest rate cut prospect.
E-mini Russell 2000 index has risen for four consecutive days! With the support of two major bullish factors, can small cap stocks continue to rise?
Wall Street is bullish on the future prospects of small cap stocks, mainly due to the bullish performance of banks, as well as the resurgence of the 'Trump trade'.
Daily options tracking | United Airlines surged over 12%, earning 4 times the daily call volume; Coinbase rose 7%, with two big $20 million options trades last night.
Last night, Nvidia had three options transactions of over $20 million each. Among them, calls with a strike price of $130 expiring on March 31, 2025 were respectively sold and bought 0.012 million contracts, involving $26.55 million and $26.28 million.
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The impact of hurricanes on the economy of the usa can already be felt in tonight's market.
Analysis suggests that based on past experiences with hurricane impacts, it is expected that the growth of the number of applicants in North Carolina will fall back somewhat in tonight's data. Meanwhile, due to the dual impact of hurricanes "Heleni" and "Milton", Florida may experience an even greater increase in initial claims for unemployment benefits in the region.
Futu Morning Post | Today at 10 o'clock! Five departments will hold a major real estate market meeting; technology giants are betting on nuclear energy, and the nuclear power sector is collectively soaring, with Oklo surging by 40%.
Spot gold is testing historical highs, as Deutsche Bank stated due to the weak performance of the US stock market in the second half of the year; Goldman Sachs trading department expects the s&p 500 index to rise to 6270 points by the end of the year.
Bank of America: Fund managers are bullish on the Chinese economy and stocks overall, while the global stock market is showing a sell signal.
A global survey conducted by Bank of America in October showed that after China's package of stimulus measures was introduced, the net proportion of global fund managers expecting China's economy to strengthen over the next 12 months reached 48%, the highest since April 2023. However, it is necessary to be cautious as global stock markets have just triggered a sell signal from Bank of America for the first time since February 2021. Investors have shown optimism, anticipating a solid foundation for the global economy.
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Magnificent 7 leading the market to rise. These three sectors are more worthy of attention.
After the panic caused by the magnificent 7 in the technology industry, the phrase 'technology leads again' seems familiar - perhaps a little unsettling. However, unlike other periods of this current bull market (now in its second year), technology stocks also have some companions, thanks to inflow of funds or rotation into other industries.
Pointing to $2700? Gold approaches historical highs again as investors weigh the outcome of the USA election and the direction of USA Federal Reserve interest rates.
As investors shift their focus to the upcoming USA election, the price of gold is approaching a historical high. Polls predict that the competition in the USA election will be very intense in less than three weeks.
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