What should be done next week? Citigroup: recommends taking profits from the "Trump trade", especially focusing on US stocks and the US dollar after the election.
Citi pointed out that the market has partially priced in the possibility of a Trump victory, indicating that the risk-return ratio of related trades has worsened. Analysis shows that investors often achieve positive returns if they make investment decisions in line with market trends after the election results are announced, especially in the s&p 500 index and the usd. Citi maintains an overweight position on US stocks.
Contrary to market consensus! Silver, Citigroup in unison: Selling US stocks if Trump wins.
Bank of America strategist Michael Hartnett said that if Trump wins the election and triggers a rebound in US stocks, investors should consider selling; Citigroup's view coincides with Bank of America's perspective; In the view of Citigroup strategists, if the Republican Party wins overwhelmingly, investors should exit the market.
Which US technology stocks will benefit from different policies under "Hart"? Credit Suisse provides a reference list.
As investors await the results of next week's federal elections in the usa, JPMorgan has listed technology stocks that may be potentially affected positively or negatively by changes in corporate tax rates, tariffs, and other policies.
Impacting the movement of $7 trillion in funds! The Russell index undergoes a "major revision" with restrictions on company weights.
Revised index for Russell growth stocks and value stocks: the weight of a single company does not exceed 22.5%, and the total market value of companies with a weight of 4.5% or more does not exceed 45% of the index.
Weekend reading | The US election voting day is approaching! Three perspectives on the impact fluctuations.
Overall, the US economy is currently on a steady landing trajectory, with a slowdown but not too rapid decline. This process may be completed during the next presidential term, and the impact from the economic cycle may still be more powerful than the president's policy in the trend over the next four years.
Wall Street review of October non-farm payrolls: the data is very poor, but it does not affect the Federal Reserve's 25 basis point rate cut this month.
In the USA, the non-farm payroll employment in October plummeted to 0.012 million, far below expectations, with a 4.1% unemployment rate meeting expectations. Nick Timiraos, a Wall Street Journal reporter known as the 'New Federal Reserve News Agency,' stated that the analysis of this employment report can be subjective, with most Wall Street analysts believing that the poor data was mainly due to two hurricanes in October and the Boeing strike, but some analysts are also concerned that the job market is indeed deteriorating. Almost all analysts believe that this report will not affect the expected 25 basis point rate cut by the Federal Reserve this month.
Are U.S. stocks in danger? This important indicator has hit a new high in two and a half years.
In the final weeks before the presidential election on November 5th, the sentiment on Wall Street tends to be optimistic, this "contrarian signal" may indicate that there is limited upside potential for the stock market in the usa.
What are the common driving and ending signals for the simultaneous rise of US stocks and gold?
In the past 2 years, the US stock market and gold have risen together. In the past 6 instances when the US stock market and gold rose together for at least 2 years, the US dollar index fell. Since 2023, two possible reasons for loose liquidity are: (1) Non-US central banks lowered interest rates before the Federal Reserve, leading to a global liquidity overflow effect that boosted US stocks and gold. (2) Liquidity released through other means in the United States offset the Federal Reserve's balance sheet reduction, resulting in significant liquidity loosening. It is expected that the US economy will accelerate its downturn in 2025, causing a reversal in dollar liquidity, and the resonance rise in US stocks and gold over the past 2 years due to liquidity expansion will reverse.
Goldman Sachs trader exclaimed that the current trading is rare: I don't remember when the "panic index" exceeded 20, and clients are still uniformly bullish.
Goldman Sachs traders have also found that hedge funds continue to trade as "winners of Republican policies" at an extremely high speed. If Harris is elected, these recently increased positions will be drastically liquidated; a month ago, clients' views were "risk reduction" and "wait and see", until the election results were announced, now completely changed, clients have started to take an aggressive stance on Trump trades, shorting the tariff basket, going long on the Republican policy theme basket, and going long on cryptos ETF.
Top 20 turnover | nvidia rose nearly 2%, with a turnover exceeding 28.1 billion US dollars; amazon soared over 6% after performance, with a turnover exceeding 19.8 billion US dollars
On Friday, Nvidia ranked first in trading volume in the US stock market, with a 1.99% increase, trading $26.528 billion. Amazon ranked second with a 6.19% increase, trading $19.592 billion. Apple, the third, dropped by 1.33%, trading $14.138 billion.
U.S. stocks closed | The three major indexes all rose! Amazon's post-performance surged more than 6% to a three-and-a-half-month high, nvidia rose nearly 2% and will be included in the Dow.
On Friday, November 1st, despite the disappointing Apple earnings report, weak US October non-farm payrolls boosted rate cut expectations, coupled with the bullish reports of Amazon and Intel, lifting the optimistic sentiment in the technology sector. The Nasdaq, up nearly 1.5%, and semiconductor indices up nearly 2.2%, bid farewell to two consecutive days of declines. However, looking at the week as a whole, both the Nasdaq and Nasdaq 100 said goodbye to the previous seven weeks of consecutive gains.
ProShares UltraPro Short QQQ ETF Options Spot-On: On November 1st, 216.23K Contracts Were Traded, With 1.32 Million Open Interest
On November 1st ET, $ProShares UltraPro Short QQQ ETF(SQQQ.US)$ had active options trading, with a total trading volume of 216.23K options for the day, of which put options accounted for 16.23% of
US stocks early market | Non-farm data does not change the rise of US stocks, with all three major indices collectively surging; growth tech stocks erase yesterday's slump, amazon soars 6% approaching historical highs.
Apple fell by 0.54%, profits were dragged down by a hundred billion in back taxes; Intel rose by 5%, fourth quarter revenue and adjusted earnings per share guidance exceeded expectations.
Express News | usa October ISM Manufacturing PMI was 46.5, lower than market expectations.
Viewpoint | The decline in technology stocks in the usa brings buying opportunities.
Recently, the technology sector has shown weakness, but it has not encountered any major troubles.
"Super huge upset"! Non-farm payroll employment in October increased by only 0.012 million, will the Fed cut interest rates next week?
The USA non-farm payrolls added only 0.012 million jobs, a figure possibly affected by hurricanes and strikes, leading traders to increase bets on a 25 basis point rate cut by the US Federal Reserve in November...
Express News | Goldman Sachs: Non-farm data indicates that the Federal Reserve will continue its loose cycle next week.
US stock market outlook: Non-farm data cools significantly! Expectations of interest rate cuts increase for the year; Amazon and Intel performance exceed expectations, easing the downward trend of growth tech stocks yesterday.
Apple's iPhone revenue turned around last quarter, but sales in China were lackluster, dropping nearly 2% pre-market; Buffett has continuously increased his shareholding in Sirius XM, raising his stake to 33%.
Express News | usa non-farm payrolls increased by 0.012 million in October, significantly below expectations.
Every Options Tracking | Nvidia plunged nearly 5% overnight, a put contract made nearly 3 times the profit; bears still hold the upper hand! The 'audit storm' of the super micro computer continues to ferment, multiple put contracts doubled.
Pre-market up over 5%! Intel's Q3 datacenter revenue exceeded expectations, with options volume surging 110% to 0.71 million contracts, implied volatility rising to the highest percentile level within the year. Looking at the options chain, the most active trades are calls expiring on December 20 with strike prices of $25 and $30, both trading over 0.02 million contracts.