Fed Commissioners’ Remarks Upward Return To ‘Bilmy’ But Strong On Amazon’s Power

Fed Commissioners’ Remarks Upward Return To ‘Bilmy’ But Strong On Amazon’s Power

The U.S. stock market started higher on the back of Amazon (+9.58%) and Tesla (+3.74%), which surged sharply after the earnings announcement. However, as Fed members continued to be skeptical about the rate cut in December, they went up for sale and returned or turned down. In addition, the differentiation of individual stocks affected the index, such as the re-emergence of the corporate monetization controversy and the fall of large technology stocks. Although it has since rebounded from the continued buying spree, the volatility has increased (Dow +0.09%, Nasdaq +0.61%; S&P 500 +0.26%; Russell 2000 +0.54%; Philadelphia Semiconductor Index +0.18%)

• Variants: Fed Commissioners’ Remarks Involved

The remarks by Fed members continued, but most of them made less dovish remarks, which are presumed to have served as an excuse for the stock market’s sale. Kansas City Fed President Schmid insisted on a rate freeze at the FOMC in November, noting that the job market was generally balanced and prices remained high. In addition, he argued that he opposed the rate cut as the economy was still showing solid momentum. Rather, he noted that the rate cut could weaken confidence in the Fed’s price stability alma mater, which could affect a prolonged period of high prices.

Federal Reserve Bank of Dallas Governor Logan Dallas preferred a rate freeze at the FOMC in November and noted that further rate cuts in December would be difficult. In particular, the rate cut in September has already eased employment risks. At the FOMC in November, Fed Governor Hamack Cleveland argued that he preferred a freeze to a rate cut. He argued that the current interest rate is close to neutral and that monetary policy is not tight. Federal Reserve Bank of Atlanta Governor Bostic also supported a rate cut at the FOMC in November, but noted that a limited policy was desirable. In addition, he insisted that we move more slowly when there is little clarity. In general, all Fed members today spoke skeptical of a rate cut, and the related remarks were “bilmiro” for sale. Despite the actual remarks, government bond rates remain mixed, limiting changes in the bond and foreign exchange markets.

In the meantime, the end of October is the end of most hedge funds’ fiscal year, so it is also burdensome that major companies are increasingly selling their profits. In particular, as the issue of “monetization controversy” has been highlighted in the past after the recent announcement of the performance of large technology stocks, it is characterized by large technology stocks, semiconductors, and major theme stocks that have been on the rise. In fact, today’s U.S. stock market expanded its earnings confirmation sentiment in the afternoon when Fed members made their remarks. However, given that sentiment to buy back the rebound is still ongoing, only the shock of returning the rise rather than the shock to the market is progressing

• Featured Stock: Amazon Surges Vs. Meta Continues to Be Slumped

Big Tech Stocks: Amazon Surges Vs. Profitability Controversial Corporate Slump
Amazon (+9.58%) surged sharply when it reported solid earnings, contrary to market concerns. Notably, the positive announcement was made on AWS, although the market was concerned that it would lose market share to MS (-1.51%). Furthermore, it is also positive that it released a forecast that alleviates concerns over the year-end shopping season unlike eBay. With Amazon’s announcement, Microsoft has been compared to Amazon in large-scale investment. Apple (-0.38 percent) started higher due to positive announcement on its future prospects, but turned downward due to sluggish sales in China. Alphabet (-0.03 percent) fell after Republican Sen. Gemini, Google’s AI model, accused the company of creating false and defamatory information, but rebounded thanks to its recent earnings announcement. Meta Platforms (-2.72%) fell following the previous day’s monetization controversy. Netflix (+2.74%) rose as it announced a 10:1 stock split.

Retailers: Slumped by anxiety over year-end shopping season
eBay (-2.89%) declined in its earnings report, citing anxiety about the end-of-year shopping season. In particular, it continued to go on sale as the impact of tariffs raised concerns about slowing growth. Although Amazon positively announced the end-of-year shopping season, eBay’s announcement, the National Retail Federation’s slowing down of personal consumption compared to last year, and Adobe’s reasonable outlook for consumption increased online sales will put pressure on the end-of-year shopping season. As a result, many retailers including Wal-Mart (-1.03%), Costco (-0.81%), Dollar General (-0.92%), TJX (-1.51%) and Macy’s (-0.26%) are on the decline. In particular, the year-end rally is a prerequisite for increasing sales during the year-end shopping season, and the announcement by companies and institutions that mention such burden is causing instability in the market as a whole.

Semiconductors: Revenues for Profit-Making Sale
Nvidia (-0.20%) started higher on news that it will sell Blackwell chips to South Korea on a large scale. On top of that, CEO Jensen Huang’s claim that he hopes to sell Blackwell chips to Chinese customers is also positive. However, he mentioned that the chip sales issue was not discussed during the meeting with the Chinese government. Also, the attendance of profit-taking properties is also a burden, increasing volatility, such as a downward shift. Broadcom (-1.82%) fell as most of the semiconductor industries went on sale in the afternoon, citing comments from Fed members. In particular, many hedge funds were sold to confirm their earnings due to the maturity date of the fiscal year. Micron (-0.11%) and TSMC (-0.92%) were also sluggish. AMD (+0.50%) rose as target stock prices rose. Philadelphia Semiconductor Index rose 0.18%

Automobiles, rechargeable batteries, lithium: Tesla rises on expectations of China’s international import fair
Tesla (+3.74%) will introduce its Cybercap Robotaxi at China’s International Import Fair, which will take place Nov. 5-10, with gains positively impacted by the impact of the self-driving model’s last trading day in Asia. Although it was partly burdened by the impact of major hedge funds on the last trading day of October, ahead of the market close, The Information was not available for Tesla this year