Stock market review December 10, 2019

What do we see in the market?

Nasdaq 100 🇺🇸

The US stock market index, which includes the 100 most capitalized companies in the technology sector, almost reached a historic high at the premarket on Monday by performing a second test of a key resistance area.

The illogical comments of the USA and China, which change rhetoric every 2 days, no longer have a proper effect on the markets.

The logical conclusion of the miraculous growth in 2019 is gradually being realized. Most likely, in the second half of December we will see an impressive collapse in the quotations of individual stocks, which will also lead to stock indices.

There are two main reasons for this: Trump's inability to sign a trade agreement and profit taking by major players. The general mood of the market is still controversial, but with each passing day the likelihood of a decrease increases.

Nikkei 225 🇯🇵

Excellent dynamics and good stability to fundamental global turmoil - that is what can be characterized by the Japanese stock market index.

The Japanese have concluded a number of agreements with the United States and the Russian Federation, which will have a positive impact on the economy in the medium term. As for technical analysis, a downward correction is brewing one way or another according to the index.

The price is testing the 23600 mark for the third time. The dynamics of the index for the next 2 months depends on the exposure to this level.

Since the beginning of the year, this tool has shown phenomenal growth, it is not for nothing that investors call Japan “a safe haven”, but sooner or later it will be necessary to fix profits, and for this, shares will have to be sold on a large scale. The general market sentiment is controversial.

FTSE 100 🇬🇧

Unlike the US market, the UK stock index like its investors prefer to look at the world without pink glasses.

The mood on the index is downward, as evidenced by the analysis of volumes, as well as the fact that the FTSE100 did not win back the fall in early October.

Investors have no reason to believe that by the end of the year the index will begin to show bullish activity for no reason, but problems and questions on Brexit, as well as parliamentary elections.