If the expiration date of the futures option passes well, the stock market

It will show a strong rebound overall, right?

I think it will be important how well you manage the criticism until then.

Morning Market Letter 💌 By Team Leader Song

In the U.S., producer price indicators came out higher than expected, weakening expectations for a rate cut. However, as the number of new weekly claims for unemployment benefits was low, employment was still strong, attracting the stock market for two consecutive days. A media outlet says that Bitcoin has plunged due to this, but it seems that the plunge is too much. Anyway, the dollar index is back in the 103 range ahead of the announcement of the Bank of Japan and the FOMC next week.

The stock market was generally red, but Microsoft’s record high was renewed. Everyone talks about Nvidia, but there is no other stock that has risen as steadily as Microsoft. I think the market will go further, but if you are anxious, you can focus your supply and demand on the top-cap stocks and use a long-short strategy. Tesla is suffering from this. Tesla is now completely alienated and investors are going elsewhere. Someone else has it.

Keep an eye on the stock flow of Microsoft and Nvidia as Jensen Huang’s comments at GTC2024 next Monday, and Microsoft’s AI PC-related issues on Thursday. It could be a play for that as the U.S. futures option expires today.

Our market was affected by the pre-op and simultaneous maturity yesterday. Nuclear power plants were the heroes of the week, as I said in the weekly preview, and the shipbuilding sector has emerged rapidly, and I feel like it is a play by maturity date. The shipbuilding sector is still an uncertain sector in the long run, except for short-term momentum, as it is lagging behind China as a whole, except for the defense sector. You can still look at the market focusing on AI and bellwether industries.

In the market, anything can happen, so not being greedy is the answer to a long-term successful investment. Rather than a positive mindset and prediction, a response. It’s always important to keep in mind that cash stabilizes sentiment.

※ Market Attention Related Sector

Artificial intelligence // shareholder return (velup) // secondary battery // transformer, robot, bio, aerospace, defense, nuclear power plant, superconductor, XR