Stock Talk Kabushiri (Kabushiki Talk) / September 19, Tomorrow's Japanese stocks / 19th NY outlook [Accounting for a FOMC skip for the day, expected small index fluctuation range]
Hello! This is Sakaguchi from Stock Talk.
Market Outlook and Investment Stance
Short-Term, Medium-Term, Long-Term
※ A content to know the current market, understand the market from a medium- to long-term perspective, and identify stocks that may move in the short term.
※ Tomorrow's Japanese stocks will cover the stocks that moved the day before, so you can understand the market flow and the targets of investor interest.
※ In the New York stock market outlook, we explain the possible developments and reactions to events scheduled in the NY stock market.
NY Stock Market Outlook (19日)
As of 21:57 on the 19th, Nikkei Stock Average futures (Mini) 33095 +55, USD/JPY 147.78-79
U.S. stock futures: Dow -35.00, S&P 500 -4.25, Nasdaq -27.00 (U.S. futures, as of 21:58)
Comments
The NY stock market on the 19th is expected to pull back, but with a somewhat different pattern from the Japanese market; Nasdaq may close unexpectedly solidly.
Tonight's economic indicators: housing starts' results and home market index may be below market expectations, but the housing market slowdown is viewed as negative mainly before the FOMC, so it is likely to be treated as negative.
Even in tonight's event-driven scenario, reactions are likely to be limited even if the results are below market expectations; stock prices may react positively.
If you view the housing market slowdown (rents, etc.) as a factor, tonight's results could shape expectations for future rate hikes, potentially implying some small volatility.
The rebound in the semiconductor SOX index shows signs of digestion; if buyers are mainly only cautious short-covering, then like last year, a reset and rebound may occur in the following week.
Schedule for the 19th (Japan, U.S., others): notable events are highlighted in red (◎ denotes FOMC members with voting rights).
U.S. August housing starts / building permits (21:30)
Federal Open Market Committee (FOMC Day 1)
United Nations General Assembly speeches (U.S., New York, through the 25th)
News highlights and URLs: PTS market movers
PTS Night Time Session: Stock price gain rankings | Kabutan (kabutan.jp)
Microsoft’s new Xbox planned for release in fall 2024 or later — court documents - Bloomberg
Tomorrow's Japanese stocks (the 20th)
(The 20th) Points of focus, tomorrow's Japanese stocks and notable stocks list (listed below)
⇒ Semiconductor-related stocks were also under pressure during this period last year. Considering seasonality, a bottoming could be near.
