November 7, 2019

Stock market overview 07.11.2019

Growth continue?

Nasdaq 100 ๐Ÿ‡บ๐Ÿ‡ธ

We can congratulate the investors of the us stock market. The composite index of the technology sector overcame the historical maximum, managed to close the month above the key mark and continues to grow.

You should look for individual stocks to invest in, or after the reverse test of the previous price record to buy the entire index.

As for the reasons for growth, there are quite a lot of them. First, the progress of the US and China on trade agreements.

Secondly, it is not necessary to remove from attention the fact that Brexit without a deal Johnson failed to implement.

Third, the fed's interest rate cut.

Fourth, the financial statements of companies in most cases were higher than the expectations of global analysts.

Given these fundamental and technical factors, we can safely say that the stock markets of the United States at this point is not threatened.

Nikkei 225 ๐Ÿ‡ฏ๐Ÿ‡ต

Aggressive breakdown of the resistance area against the background of increased volumes and increased volatility destroys the plans of sellers in this market.

It seems plausible to continue the growth of quotations without much delay. The process of negotiations between the US and China is proceeding rapidly, and Japan, in turn , is one of the key beneficiaries if the duties are abolished altogether. The General mood is bullish.

FTSE 100 ๐Ÿ‡ฌ๐Ÿ‡ง

Against the background of the growing pound, the British indices are somewhat behind in terms of volatility and growth of quotations from the us, but those factors that provide positive stock markets in General are important including for the UK.

The General mood of the market is rising. We do not exclude the renewal of the historical maximum this year.