Morning review：
Dear friends, I am Don Adam Perera. A beautiful morning always brings more surprises and expectations. Today, I will explore with all friends the impact of economic data on the trajectory of stock market prices and look for market trend signals. We all understand that the investment market is always policy-oriented, and economic data is our barometer for judging market trends.
Let’s move forward together, precisely grasp every rhythm of the market, and jointly unearth those hidden investment opportunities.
The economic data released today is the number of initial jobless claims for the week, which represents the number of people filing for unemployment benefits for the first time. It is a real-time indicator measuring economic activity and labor market dynamics.
The number of initial jobless claims released today is 232,000, slightly above the market expectation of 230,000. The figure for the previous week was also revised from 227,000 to 228,000. From these numbers, we can observe that although there has been an increase in unemployment claims, the slight change is not significant enough to indicate a notable deterioration in the labor market. In fact, these figures are still close to historical healthy levels, suggesting that the employment market remains relatively stable.
For the stock market, such data usually has a dual impact. On one hand, stability in the job market supports consumer confidence and spending, which is positive for the stock market. On the other hand, data close to expectations may ease market concerns about accelerated monetary tightening, as there are no signs of significant deterioration in the job market.
Overall, today’s economic data should be considered a moderately positive signal for the stock market. In our operations, we closely watch market dynamics and prudently manage our investment portfolio to prepare for various future possibilities.
Now let’s focus on the performance of individual stocks in our portfolio: NVDA for our long-term strategy, and TSLA for our short-term strategy.
As a leader in the field of artificial intelligence, NVDA’s long-term strategy showcases its vast growth potential and strong profit prospects. Observing its stock price chart, we can see that NVDA is currently situated in a converging triangle within an upward trend, marked by points A, B, C, D, E, and F. This pattern indicates that despite market fluctuations, NVDA’s overall trend remains robust, affirming our decision to continue holding.
Next, it’s crucial to monitor whether NVDA’s price can successfully break through the upper edge of the converging triangle. If it does break through, it means that NVDA will enter a new round of unilateral trend movement.
So now is the time to continue observing and remain patient, waiting for the market to give us a clear signal.
The short-term strategy target TSLA is currently in a volatile upward trend channel, which is very subtle and full of potential. We see that at point E, a strong support level has formed, triggering a round of volatile rebound that demonstrates the market’s firm confidence. Currently, the price is right at a critical white support line, which further confirms the stability of the trend. In this situation, my advice is to remain patient and continue holding the stock.
The PMI data has just been released, and it’s important for everyone to take note: The preliminary S&P Global Manufacturing PMI for August came in at 48, below the expected 49.6, marking a new low for the past eight months and reflecting a contraction trend in the manufacturing sector. However, the preliminary Services PMI is at 55.2, surpassing the expected 54, indicating that the service sector continues to expand. This highlights the complexity of the economy and the differences between sectors.
For the stock market, these data present mixed signals. The decline in the Manufacturing PMI might provoke concerns about economic slowdown, which could pressure the stock market, particularly for companies reliant on manufacturing production and exports. However, the strong performance of the service sector could provide support to the market, especially for industries heavy in services such as technology, retail, and consumer services.
So, we just witnessed a brief period of severe price fluctuations in the stock market, but it doesn’t alter our view of the stock market. The focus right now is to pay attention to tomorrow’s speech by Federal Reserve Chairman Powell to look for clues about the Fed’s path to rate cuts.
Market opportunities always favor those who are patient and well-prepared. In this ever-changing market, we need not only insight, but also swift and accurate actions. Recently, I have been keeping a close eye on a stock that shows great potential. Its current performance is very encouraging and has clearly demonstrated its strong market potential.
After in-depth analysis, I expect an excellent buying opportunity to arise tomorrow, which will be a key moment for all of our friends to realize solid profit returns, so I plan to start building a position in this high-quality stock simultaneously tomorrow. Those who are interested in participating in tomorrow’s position can directly approach my assistant to sign up in advance, to ensure that you won’t miss this exciting moment!
Dear friends, opportunity always favors those who are patient enough and well-prepared. Tomorrow we are ready to synchronize the position, so those who want to participate in tomorrow’s synchronized position building opportunity need to pay attention to the following matters:
1. Enrollment: If you want to participate in tomorrow’s synchronized position building, please be sure to contact my assistant in advance to make an appointment to enroll and secure your position.
2. Capital preparation: Please prepare a certain amount of free funds in advance so that you can successfully participate in tomorrow’s wealth opportunities.
- Position Management: For those who are currently in a heavy or full position, I recommend that you do not rush to participate this time to avoid unnecessary risk.
4.Position Analysis: If you are unsure about the future direction of the stocks you currently hold, feel free to send your holding information to my assistant. She will use our patented investment tool—New World Quantitative 4.0 Investment Decision System, to provide you with objective analysis and help you formulate a professional trading strategy.
5.Risk Control: When participating in synchronized positioning, please strictly control your position, avoid heavily concentrated or full investments, to ensure the safety of your funds.
6.Execution ability requirements: Participating in this synchronized position building requires you to have strict execution abilities, ensuring that you can carry out operations according to the established strategy.
Dear friends, tomorrow is a critical moment, both as the Federal Reserve Chair speaks at the Jackson Hole central banking conference, where global investors will further explore clues on the Fed’s rate cut path, and as an excellent opportunity for our community to synchronize position building in quality stocks. Therefore, please optimize your investment portfolios, adjust your positions adequately, and be fully prepared to take advantage of tomorrow’s synchronized position building opportunity.
That’s it for this morning’s sharing. This afternoon, I will focus on sharing with all of you “How to find the best buying and selling points within stock market trends.” See you later.
Closing commentary：
Dear Friends, I’m Don Adam Perera and I’m delighted to be here in community with all of you for a wonderful afternoon.
This afternoon we will explore the mysteries of the stock market’s trajectory, strengthen our portfolios and find the best points to buy and sell when stocks are trending.
Let’s first focus on the performance of the three major indices: Today, influenced by the PMI data, investor concerns about an economic slowdown have intensified. Coupled with the uncertainty surrounding Fed Chair Powell’s speech at the Jackson Hole Economic Symposium tomorrow, all three major indices experienced significant pullbacks. The Nasdaq and S&P 500 indices saw substantial declines, leading to a notable retreat in some individual stocks, particularly in the tech sector.
In light of today’s market volatility, I understand that some may feel anxious and have even joined in the panic selling of stocks. Regarding today’s market movements, I’d like to share my personal perspective.
1.Despite the significant pullback in the three major indices today, it’s important to recognize that the overall market trend has not changed, and we should still maintain our expectations for a rebound.
2.Today’s pullback in the indices is partly a reaction to the uncertainty surrounding Federal Reserve Chair Powell’s speech tomorrow.
3.After the tech sector experienced a rebound from its lows and accumulated some profits, the release of the PMI data triggered profit-taking, leading to panic selling among less confident investors.
4.This once again confirms the point I shared with you yesterday: the stock market will face significant price volatility before and after Fed Chair Powell’s speech. We need to learn to endure and adapt to the effects of such volatility.
5.My view remains unchanged: The power of technology may weaken, but it will never disappear. Therefore, I believe the pullback in the tech sector is only temporary, and we need to patiently wait for a strong support level to emerge.
Therefore, I encourage everyone to remain calm and not be easily swayed by short-term market fluctuations. We should stick to making investment decisions based on a long-term perspective and real data. Let’s face the current market challenges with a cool and rational attitude, and be ready to seize the upcoming investment opportunities.
Now that we have determined that there is no issue with the current overall direction of the stock market, the next task is to patiently wait for the current retracement to end and look for better secondary buying opportunities. We should now focus on the performance of the individual stocks in our portfolio. At this stage, it is important not to rush into action but to carefully observe the further dynamics of the market and the technical performance of each stock.
NVDA’s stock price has experienced a certain level of pullback and is currently hovering near the critical white support line. We need to patiently wait for confirmation of this support level. It’s worth noting that NVDA has already successfully broken through the key turning point E in the downtrend, indicating that its trend may have shifted from downward to upward. Although the brief pullback may attract market attention, it does not alter the overall direction of NVDA’s price trend in the long term.
Additionally, there are reports that several major tech companies are planning to make substantial investments in AI data centers based on NVDA, with estimated construction costs potentially reaching up to $300 billion. This plan further solidifies NVDA’s dominant position in the industry, as well as its vast growth prospects and strong profit potential. These factors provide us with solid confidence in continuing to hold NVDA.
In the upcoming discussion, I will focus on the trend trajectory in this area and how to identify suitable entry and exit points.
In today’s trading, we observed that Tesla’s (TSLA) stock price experienced a significant pullback, even breaking below the short-term white support line. Nevertheless, it is important to recognize that the overall trend direction remains unchanged.
Given the current situation, TSLA’s price has pulled back to near the edge of the trendline. This pullback may simply be a normal market adjustment to the recent rally, so we should closely monitor tomorrow’s market performance to confirm the future direction. This will be a critical moment to determine whether it provides an opportunity for further buying.
We seize opportunities and won’t let short-term price fluctuations affect our trend continuation. When both the fundamentals and technicals remain strong, a price pullback presents the best opportunity to re-enter the market. Therefore, I choose to continue holding NVDA and TSLA.
Moreover, tomorrow presents an opportunity for us to simultaneously build positions in a stock I’ve been tracking. This strong stock has solid fundamentals and technical performance. Based on comprehensive analysis, we expect a profit of over 30%. If you’re interested in joining the simultaneous position building opportunity tomorrow, please contact my assistant directly to sign up.
The remaining time is our academic research phase. Let’s kick off today’s investment learning journey. Today’s focus is on sharing with friends “How to find buying and selling points within trends.” Please, everyone, pay close attention to the upcoming content.
What is a trend?
1.A trend refers to the general direction or trajectory of development of something over a period of time. In financial markets, a trend is often used to describe the overall direction of prices or the market.
2.In financial markets, there are three types of price movement trends: upward trends, downward trends, and sideways trends.
Today, I will focus on sharing with friends how to grasp buying and selling points in a downward trend, using NVDA’s trend as an example.
We can clearly see NVDA’s trend through the chart. Previously, NVDA’s price trend formed a descending channel through points A, B, C, D, and E. In this descending channel, the key strategy is to closely monitor the positions of support and resistance lines.
Specifically, the support positions are at points A and D, where we can consider buying; while the resistance positions are at points B, C, and E, which are ideal times for profit-taking when the price approaches these points. The most critical observation point is point E, where the price successfully broke through the upper edge of the descending channel, marking a very crucial turning point that suggests the trend might be shifting from downward to upward. Following this breakout, NVDA began to show a very positive upward trend.
Therefore, when dealing with stocks in a downtrend, we should focus on finding the support and resistance points within the descending channel. Additionally, once the stock price breaks through the upper edge of the downtrend, it often signals a significant turning point, which requires our close attention. Using this method, we can not only effectively manage risks but also seek the greatest profit potential from the opportunities the market offers.
Dear friends, that concludes today’s sharing. Thank you all for your active participation and profound insights. Tomorrow, we will focus on the speech by Federal Reserve Chairman Powell, which is crucial for understanding the direction of future economic policy, especially the path to rate cuts.
At the same time, we will focus on seizing the opportunity for synchronous position building tomorrow. I believe that through tomorrow’s opportunities, all of our friends will have the chance to receive substantial profit returns. Let us look forward to tomorrow’s opportunities, and meet again during the synchronous position building opportunity. See you tomorrow.