Stock Talk Kabushiru (Stock) Cap: May 25 (24) Tomorrow's Japanese stocks / 24th NY outlook [Notable stocks for the 25th: Dow approaching the 200-day moving average and the lower Band of the Cloud]
Hello! This is Sakaguchi from Stock Talk.
Market Outlook and Investment Stance
Short-Term, Mid-Term, Long-Term
※ Content to know the current market, to understand the market from a mid-to-long-term perspective, and to know which stocks show movement in the short term.
※ Tomorrow's Japanese stocks content aims to cover the stocks that moved the previous day, so you can understand the market flow and the targets of interest.
※ In the NY stock market outlook, we explain the reactions and possible developments of events scheduled in the NY stock market.
NY Stock Market Outlook (Day 24)
Nikkei futures as of 17:16 on the 24th: 30,590 -20; USD/JPY 138.57-58
US stock futures: Dow -78.00, S&P 500 -9.50, Nasdaq -29.50 (US futures, as of 17:18)
If no progress is made on the debt ceiling issue, expect a continued decline; if signs of a resolution appear, the story could change, but at this moment we do not expect the resolution to translate into results.
After the closing bell, Nvidia, the US semiconductor company, will announce results; if they react positively in after-hours trading, it would be a positive factor for stock prices (Nikkei futures).
However, that reaction tends to be more for Nasdaq futures in the US market, and last night had a negative reaction to retailer earnings.
Dow Jones Industrial Average is approaching the 200-day moving average and the lower bound of the daily chart's Ichimoku cloud; if it ends with a break below, the impact on Japanese stocks will be significant and carry higher risk.
Hong Kong's Hang Seng Index has fallen below the 200-day moving average, suggesting potential negative spillovers to the Asian markets; the debt ceiling issue in the US needs to move toward a resolution.
Fortunately, growth and standard stock indices are rising; medium- and small-cap stocks are gaining interest, and for the time being, the focus is on small- and mid-cap stocks in each market, with potential renewed investment in tech driven by Nvidia.
Key drivers of stock price volatility include the FOMC minutes and Nvidia earnings.
Events on the 24th to watch (US) are in red
US Weekly MBA Mortgage Applications Index (20:00)
US Weekly EIA Petroleum Status Report (23:30)
US Treasury 5-year Note Auction (26:00)
FOMC minutes from the May meeting (27:00)
(Notable corporate earnings – US)
Kohls Corp, Analog Devices, Snowflake,NVIDIA
Splunk Inc, Elf Beauty Inc
Notable News & URLs: PTS market movers
PTS Night Time Session: Stock price gain rankings | Kabutan (kabutan.jp)
Tomorrow's Japanese Stocks (25th)
(25th) Points of Focus
