After a sharp rebound of 720 points in two days, the Taiwan stock market stopped at the highest point of 20,165 points This morning (25th), it fell back by more than 200 points, in a fight to defend the 20,000 point mark! Li Yongnian, a well-known stock market professor and deputy general manager of Qida Investment Consulting, said in an interview this morning (25th) that the bad financial reports of Facebook and IBM affected the Taiwan stock market, which opened low and fluctuated. tomorrow morning, there will be heavyweight financial reports from Microsoft, Google, and Intel, and the beginning of the The ability to absorb dips in low volatility is not strong, and today’s trading volume is estimated to be only 380 billion yuan, showing that bulls lack confidence. “Taiwanese stocks will need to consolidate for at least another day or two.”
Extended reading: 20,000 points are gone again! Taiwan stocks fell more than 200 points, TSMC fell 13 yuan
[Masnachu bore Yahoo]Can Taiwan’s stock market bounce back to 20,000 points to successfully defend the fight? Analyst Li Yongnian: Bulls lack confidence. File photo: Central News Agency
US stocks were mixed yesterday, Li Yongnian said, although the Philadelphia Semiconductor Index rose 1%, TSMC ADR fell 0.34%. Moreover, Taiwan Index futures fell more than 200 points in the night trading, which put heavy pressure on the opening of Taiwan stocks today (25th). enter the market at low prices For example, after the TSMC 770 was opened, it rebounded to 774 yuan and then fell The next step is to “observe whether the reception is strong enough?”
Today’s trading volume is estimated to be less than 390 billion yuan, and there is little willingness to buy at low prices.
Li Yongnian said that the trading volume for the whole day today is currently estimated to be less than 390 billion yuan, which shows that the willingness to take dips is not high and the confidence of bulls is relatively low. In this case, he believes that “the market still needs to consolidate for a while, at least about one or two days,” and there is a chance that it will continue to rebound.
Microsoft, Google, and Intel will release their financial reports tomorrow morning
However, he believes that the most important key at this time is to observe the US stock market Tomorrow, leading high-tech stocks including Microsoft, Google, Intel, etc. will announce financial results However, the morning here, including Facebook and IBM , the financial reports were not as expected, leading to heavy electronic trading of US stocks. Therefore, he first suggested observing the performance of US high-tech stocks tomorrow’s earnings report half the week will be more difficult.
What are the indicator stocks today? Li Yongnian suggested that we should continue to look at electronic equity stocks such as TSMC and Hon Hai The performance of the construction stocks that got rest in the previous two days was not bad today, which is worth noting.
How do investors operate?
Li Yongnian analyzed that, from a technical point of view, the obvious upward pressure on the Taiwan Stock Weighted Index falls on the 10-day line and the monthly line, which is approximately between 200 million and 20,200 points The pressure in this area the low end support point is heavier, let’s look at yesterday’s market first Can it be supported near the mid-low point of 19770? He suggested that investors should not rush to buy but wait and see first. It will be safer, but the amplitude of the shock is too big If you want to interfere, it is safer to connect low and don’t go after the high.
META, the parent company of Facebook, announced its first quarter results early this morning Although it exceeded expectations, the report predicted an increase in AI research and development spending In addition, the virtual product business continues to suffering losses worried that the expenditure will be huge and the expenditure even more next year. META expects full-year capital expenditure to be between US$35 billion and US$40 billion, up from the previously expected US$30 billion to US$37 billion in the same period last year. After the market opened, the stock price plunged 19% or close to US$100, reaching a low of US$399.02, falling below the US$400 mark.
IBM’s first quarter financial report was also disappointing, with revenue of US $ 14.46 billion, an annual increase of only 1%, lower than the US $ 14.55 billion expected by the outside world The demand for its second largest consulting business remains slow also announces that it will spend 6.4 billion It acquires cloud software company HashiCorp with US dollars After the financial report was released, the stock price fell 8.5% after Hours.
⭐Welcome to join[Yahoo Finance]LINE friends!
⭐Don’t miss any financial topics, expert financial management and saving methods, and must-see discounts for the petty bourgeoisie, all in one package!
-
Yahoo Finance special correspondent Ye Yiru: With more than 20 years of experience in the mainstream financial media, from the Web1.0 bubble in 2000 to the Meta Yuanverse Web3.0, he has seen the rise and fall of Taiwan’s large and small business groups, and has experienced five international financial groups crises. We believe that finance is life and everywhere No matter how difficult financial information is, we should explain it in a simple way. Everyone, young and old, should manage money If you don’t manage money, money won’t worry about you.
#Taiwan #stock #market #bounce #points #successfully #defend #fight #Analyst #Yongnian #Bulls #lack #confidence
