This video summarizes a technical analysis focused on U.S. semiconductor giants' earnings and U.S. inflation indicators as factors holding the key to the Nikkei average's battle around the ¥70,000 range. It reviews last week's market movements and organizes this week's focus and the movements of individual indicators.
The video reviews last week's stock market on charts and presents the view that whether the Nikkei average can maintain the ¥70,000 range will be the focus this week. It points out that earnings trends at major U.S. semiconductor companies and U.S. inflation indicators could affect the battle around the ¥70,000 range.
The video explains, in order, the Nikkei average's 5-minute chart, movements in the daily moving averages and MACD, TOPIX's daily chart and MACD, movements in long-term interest rates in Japan and the U.S., and this week's main events and domestic corporate earnings trends.
It cites several factors for this week's market, including performance comparisons for ASML, TSMC and major U.S. bank stocks, as well as trends in the Nikkei average's PER and EPS. It also touches on the possibility that the market outlook could change depending on upcoming earnings announcements and movements in economic indicators.