1. Stocks and exchanges both rose, and the bulls rose again!
In the past week, the international stock market has been firm and upward, and the U.S., Japanese and Taiwan stock markets have rebounded to new highs. Today, Taiwan stocks closed up 1.20%, and the counter-buy index rose 1.19%. At present, both the weighted index and the counter-buy index are breaking through the half-year line. Line pressure, with the NT dollar rising to a new high in two months, the bulls are extremely strong!
The four major U.S. stock indexes continue to rebound. In the past month, the Dow Jones has rebounded by 10%, Nasdaq by 4%, the S&P 500 Index by 7.5%, and Philadelphia Semiconductor by 19%. Next, U.S. stocks can pay attention to when large technology stocks will be favored by funds .
2. Football and basketball games become the focus: sports concept stocks
After World of Warcraft came to Taiwan, a whirlwind of basketball was set off. Coupled with the kick-off of football matches every four years, sports events immediately became the darling of the news media and the topic of everyone’s leisure time. Relevant concept stocks also took advantage of this rare upsurge to rush upwards. Which stocks in Taiwan stocks are suitable for sports concept stocks?
Sports concept stocks cover: shoe industry, textile industry, gym concept stocks. In order to reduce the risk of chasing higher stocks, based on the logic of the latest October revenue growth rate, P/E ratio less than 20 times, and EPS greater than 1 yuan in the first three quarters of this year, we eliminated stocks with poor fundamental performance. Using this quantitative logic, today’s stock selection list is: Baocheng (9904) has an annual growth rate of 36% in October, Yuqi-KY (9802) has an annual growth rate of 32% in October, Zhiqiang-KY (6768 ) October revenue growth rate was 300%, Kwong Lung (8916) October revenue growth rate was 38%, Far Eastern New (1402) October revenue growth rate was 5%. For complete stock selection logic, please refer to the extended reading: Quanmin Watch the crazy sports concept stocks once!
Extended reading for teaching:
1. 0056 Constituent stocks increase, full analysis of cause and effect!
2. Bond ETF novice knowledge｜How to buy bond ETF?
3. How to buy regular quota of US stocks? The complete regular quota process will tell you!
