U.S. Stocks] Review of Week 2024-01-15 and Strategy for the Week (Stocks to Watch)

Weekly Review

Interest rates rose in the U.S. market last week, but semiconductors and large high-tech stocks led the stock indexes higher. Nasdaq and Dow,S&P 500has been rising in January as well.11from month to month3It has been up for months in a row. Only Russell, a small-cap stock, has fallen significantly in January.

Many stocks are scheduled to announce earnings this week.Following last week.Along with earnings announcements, we will be watching to see whether the rally will continue to be led by high-tech stocks or whether small- and mid-cap stocks, which have been falling in the short term, will reverse their trend.

Now, let's review last week's market by checking the chart.

Last Week in Review

market environment

US Treasury bond10The yield on the one-year+4.69%and was a relatively large increase. Despite the rise in interest rates last week, stock indices have been strong across the board.

VIXschool (e.g. of ikebana)+4.89%It was a rise of It has an upper whisker that rose in the first half of the week and then fell. This week looks like it will start on the downside for the first half of the week. 

NASDAQ Analysis

This is a monthly chart of the NASDAQ.1The monthly increase was+3.07%and is3This is the strong move for the second month in a row.

Here is the weekly chart of the NASDAQ. Last week.+3.08%The high was reached with a rise of 

NASDAQ highThe number of low-priced issues is moving sideways in positive territory. Even in a downtrend, the movement does not drop significantly and stay in negative territory as it did last year, which shows the strength of buyers.

Of the stocks on the NASDAQ200The percentage of stocks above the daily moving average is unchanged.

Of the stocks on the NASDAQ50The percentage of stocks above the daily moving average is in a downtrend.

Dow Analysis

This is a monthly chart of the Dow. The Dow also3It is on the rise for the second month in a row. The increase since the beginning of the year is+0.54%It is.

Here is the weekly chart of the Dow. Last week.+0.83%The price rose slightly with a lower whiskers, and a strong rally was seen later in the week.

Of the Dow's stocks.200The percentage of stocks above the daily moving average declined slightly,MACDThere are also signs of a halt to the rise in the 

Of the Dow's stocks.50The percentage of stocks above the daily moving average is about to start falling from overbought levels.

Analysis of the S&P 500

S&P 500This is a monthly chart of the1The monthly increase was+1.54%along with the NASDAQ and the Dow.3We are now seeing a consecutive monthly increase.

S&P 500The following is a weekly chart of the Last week.+1.31%The rise in the

S&P 500Of the issues of the200The percentage of stocks above the daily moving average has stopped rising and started falling, but the decline is gradual and not sudden as it was last year. 

S&P 500Of the issues of the50The percentage of stocks above the daily moving average is in a downtrend.

Russell 2000 Analysis

(Russell) snowplow2000This is a monthly chart of the1It is the only stock index that has declined in the month. The decline since the beginning of the year has been-4.01%It is.

(Russell) snowplow2000The following is a weekly chart of the Last week.-0.28%The decline was small. It has a relatively large lower whisker and the short-term decline appears to be coming to a halt.

(Russell) snowplow2000Of the issues of the200The percentage of stocks above their daily moving averages continued to fall last week.

(Russell) snowplow2000Of the issues of the50The percentage of stocks above the daily moving average continues to trend lower on a weekly basis. Signs of a reversal are beginning to appear on a daily basis.

Commodity Futures Analysis

Crude oil is+0.89%It was a small increase of69from (e.g. time, place, numerical quantity)74The price has been in the range of the range of The chart looks like it could rise if there is any trigger.

Natural gas is-23.97%This was a very large drop of The move that was about to start an uptrend has been canceled, so the near-term trend is to the downside. 

Gold.-1.09%The decline was due to Interest rates are rising and gold has been weak.

Copper is a+1.23The rise in the3It is trying to make a small rebound from a series of weekly declines.

Sector Analysis

Information technology and telecommunication services are up strongly, while other sectors are weaker.

By industry, semiconductors, coal, gambling, and computer hardware rose strongly. Solar, pharmaceutical retailing, silver, aluminum, and airlines are weak. Utilities also trended lower overall.  

Trend of Individual Issues

Last week, semiconductor-related (NVDA, ,TSM, ,AVGO, ,AMD), large high-tech stocks (MSFT, ,AAPL, ,GOOG, ,META), insurance (TRV, ,Citizens' Band) led the rise. The big declines were marked by automobiles (TSLA), China Internet Retail (PDD, ,BABA, ,JD), health insurance (UNH, ,CVS, ,CNC), metal materials (NEM, ,BHP, ,VALE, ,FCX(The following is a brief description of the project).

Strategy of the Week

Last week, high-tech stocks pushed the indices higher, but the market as a whole is seeing many stocks in a short-term downtrend. This week, if we can confirm whether funds will flow from large-cap stocks to small- and mid-cap stocks and whether more stocks will reverse from short-term downtrends as a result, we will create swing trade positions on stocks that will reverse from the push point.

Swing Trade Monitoring Stocks

There are no major replacements in the stocks monitored. NewAZEKis added.

The stocks that are looking to reverse from a short-term decline are,AFRM, ,AZEK, ,COIN, ,PDD, ,sadist, ,STNEIt is.

Click here to see a chart of the stocks monitored.

https://elite.finviz.com/screener.ashx?v=211&p=w&o=ticker&t=AFRM,AMD,AMR,ANET,AZEK,CAMT,COIN,CRBG,CRWD,DKNG,ELF,FOUR,FRO,LLY,MMYT,NOW,NTNX,NVDA,PANW,PDD,REGN,S,SHOP,SMCI,SPOT,STNE,TMUS,VRT,WDAY,ZS

 

Scheduled to announce financial results this week

This week.JNJ, ,ISRG, ,NFLX, ,NOW, ,TSLA, ,INTC, ,TMUSThe focus is on the financial results of the

1/22

  • AGYS
  • BRO
  • LOGI
  • UAL
  • ZION

1/23

  • DHI
  • GE
  • JNJ
  • LMT
  • MMYT
  • PCAR
  • PG
  • RTX
  • VZ.
  • BKR
  • ISRG
  • LRN
  • NFLX
  • STLD
  • TXN

1/24

  • ABT (former Soviet Union intelligency agency)
  • ASML
  • EDU
  • gross domestic product
  • PGR
  • TXT
  • CACI
  • HXL
  • IBM
  • LBRT
  • LRCX
  • LVS
  • NOW
  • PLXS
  • STX
  • TSLA

1/25

  • AAL
  • AIT
  • CRS
  • MBLY
  • TAL
  • APPF
  • FICO
  • INTC
  • TMUS

1/26

  • ALV
  • FCNCA
  • MOG-A
Copied title and URL