Jones industrial average on November 11th finished at $ 18847.66, which was $ 39.78 (0.2%) higher than that on November 10th. Mainly, stock prices of financial affiliates rose. There are two factors of the rise of the stock prices.
1.Stock prices of financial affiliates, such as banks and securities, rose due to expectations for easing the American financial regulation (elimination of the Dodd-Frank Act).
2.Insurance-related stock price rose as long-term interest rates in the US rose.
【S&P 500 Halts Rally, Small Caps Surge as Election Winners Sought】
Will Jones industrial average be selling-adjusted?
I expect that Jones industrial average to be sell-adjusted. In charts, Jones industrial average has gone up too suddenly. Jones industrial average has risen sharply, largely separating the 5-day moving average line. Selling adjustment will reduce the difference between Jones industrial average and the 5-day moving average line. As a factor of selling adjustment, the decline in crude oil prices(WTI crude oil futures) is raised.
【Oil Falls to Eight-Week Low as OPEC Output Gain Threatens Accord】
Don’t take care of “Demo” against Trump and Park
As a factor of the selling adjustment, there are also protest demonstrations to the next American president Trump and Korean president Park. However, I think that it will be a quite limited selling adjustment factor as long as I see the impact of the demo after Brexit.
[Protests Against Donald Trump Spread Across the U.S.]
【South Korea’s Clintonian Scandal】
Mid-term and long-term investors seem to be returning to Japanese markets by Trump effect
The Nikkei Stock Average finished at 17,772.62 yen, which was 297.83 yen(1.7%) higher than that on the last weekend. The factors of the rise in the Nikkei Stock Average are the following two points.
1.The yen weakened against the dollar in the exchange rate as interest rates in the United States rose by the expectation of Trump politic.
2.Preliminary figures for Gross Domestic Product (GDP) exceeded the expectation of investors.
The trading value was estimated 2,649.9 billion yen. Trading is getting exciting, following the momentum of the rise of the Nikkei Stock Average since last weekend. This momentum is really strong.
Thanks for Trump effect! The reise of the Nikkei Stock Average is real!
Even in charts, the Nikkei Stock Average has strong signs to rise. The following are the signs of the rise of the Nikkei Stock Average.
○The signs of the rises of the Nikkei Stock Average
・The 5-day moving average line and the 25-day moving average line are golden-crossed.
・The 13- week moving average line and the 52-week moving average line are golden-crossed.
・The 200-day moving average line is coming upward.
Because the Nikkei Stock Average has been suddenly rising, I think that the Nikkei Stock Average slightly declined by selling-adjustment this week. It seems to be a big chance whether you can successfully set a long position when the stock price has declined.
The contents of this blog are written based on the personal opinions about Dow Jones industrial average, the Nikkei Stock Average, and the sentiment of short-term investors, medium-term investors, and long-term investors. With respect to the loss caused by investment based on the contents of the blog, I do not take any responsibility.