Editor's note:"Bull stocks in Hong Kong and the US this week"The column closely follows the market trends every week, taking stock of the weekly performance of the Hong Kong and US stock markets, helping Niu you sort out the hot sectors, strong stocks and major news of the week, and looking for investment themes with profit-making effect.
On Thursday, the three major indexes of US stocks posted their biggest one-day gains since the "bottom of the epidemic" in 2020, spurred by falling US inflation and investors' expectations of a shift in Fed monetary tightening. The Nasdaq closed up 7.35%, its highest level since Oct. 25, and closed above its 50-day moving average for the first time since Sept. 12. S & P closed up 5.54%, its highest level since Sept. 12. The Dow closed up 3.7%, its highest close since Aug. 18.
According to CME Fed observations, the current probability of raising interest rates by 50BP in December has risen to 80.6%, while the probability of raising interest rates by 75 basis points has dropped to 19.4%. In addition, March 23 is likely to be the last rate increase in the current Fed tightening cycle.
As for Thursday's rally, Dan Niles, a veteran technology investor and founder of the Satori fund, interpreted that he maintained his bullish view at least until the next CPI announcement. Niles believes that this rally is likely to be significant, as the biggest "bear market rally" often occurs before the end of the bear market.
This week, gold producers$Gold Fields (GFI.US)$Continue to rise nearly 41% since the beginning of this month, the stock has risen more than 64% since the beginning of the month; recently, the Fed's November meeting statement for the first time took into account the two variables of "cumulative tightening" and "the impact of interest rate hikes on the economy and inflation", suggesting that the pace of subsequent interest rate increases may slow down (partial pigeon), which may weaken the upward momentum of the dollar, and also means that precious metals are expected to have a good opportunity to rebound. Goldman Sachs Group expects the "big bull" to return in retaliation. "if Fed policy turns, the price of gold may rise by 20% and 30% in the future, depending on the degree of easing of the Fed." "
$Fair Isaac (FICO.US)$It rose nearly 34% a week, including a surge of more than 31% on Thursday, and the stock's quarterly earnings and guidance for next quarter were better than expected. Needham raised its target price for FICO to $630 from $600, maintaining its "buy" rating, while Barclays maintained its FICO "overweight" rating.
Home Solar solution provider$SolarEdge Technologies (SEDG.US)$It rose nearly 30% a week after the widely expected "red tide" of the mid-term elections failed to materialize, and investors expect the current agenda for the transition to renewable energy to continue to move forward in Congress.
$Meta Platforms (META.US)$This week launched the first large-scale layoffs that "rocked Silicon Valley" in its 18-year history, with its share price rising more than 23% a week. In addition, the company left its 2022 Q4 revenue forecast unchanged at $30 billion to $32.5 billion, and simultaneously lowered its spending forecast for next year.
ASML Holding NV (ASML.US) $rose nearly 20% a week as the company raised its 2025 revenue guidance and launched a $12 billion buyback program on Thursday.
On the other hand, the weaker stocks this week are as follows:
Edit / irisz