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March 18 - Trade statistics released by Japans Ministry of Finance on the 18th showed that Japans exports to the United States declined for the third consecutive month year-on-year in February. Data showed that, dragged down by reduced exports of pharmaceuticals, automobiles, and auto parts, Japans exports to the United States fell 8% year-on-year to 1.75 trillion yen (approximately 155.65 yen to 1 US dollar) in February, with automobile exports declining by 14.8% year-on-year.On March 18th, Chery Automobile (09973.HK) announced that its revenue for 2025 will reach RMB 300.287 billion, a year-on-year increase of 11.3%; net profit for the year will be RMB 19.507 billion, a year-on-year increase of 36.1%; and net profit margin will be 6.5%, compared to 5.3% in the same period last year. The Board of Directors has resolved to recommend a final cash dividend of RMB 0.86 per share (inclusive of tax) for the current year.Geely Automobile (00175.HK): Sales target for 2026 is 3.45 million vehicles.Geely Automobile (00175.HK) expects its full-year revenue in 2025 to be RMB 345.23 billion, compared with RMB 240.2 billion in the same period of the previous year.March 18th - Geely Automobile (00175.HK) announced that its sales volume for 2025 will reach 3.0246 million vehicles, a year-on-year increase of 39%; revenue will reach RMB 345.232 billion, a year-on-year increase of 25%. Profit attributable to owners of the parent company will be RMB 16.852 billion, basically flat compared to last year. The board of directors recommends a final dividend of HKD 0.50 per ordinary share, a year-on-year increase of 52%.

S&P 500 Forecast – Stock Markets Rally With Open of the Week

Cory Russell

Jan 10, 2023 15:19

Technical Analysis of the S&P 500

As New York traders continued to rejoice over the concept that wage inflation decreased from 0.4% month over month to the figure of 0.3% that we received on Friday, the S&P 500 rose strongly throughout the trading session on Monday. In other words, I believe they will be disappointed to learn that the Federal Reserve will not alter its stance. That gets me to my point: tomorrow at 9 AM New York time, Jerome Powell will be speaking. This is another another of the games Wall Street has been playing with the Federal Reserve. He will almost certainly say something to attempt to calm down the markets once again.


I'm searching for indicators of tiredness so I can start shorting as a result. Given that we are situated between the 50-Day EMA and the 200-Day EMA, it stands to reason that we can experience noise and weariness in this region. As a result, I will be shorting the market and watching for indications that momentum is waning. In addition, the CPI figures are due out on Thursday, which may come as a big surprise to the markets. The earnings season officially begins on Friday when the banks report in the morning.


In other words, despite the fact that the market is quite optimistic in the near term, there are many factors out there that might enter the picture and lead to issues. Sincere to say, neither I nor the majority of longer-term traders believe we are out of the woods just yet.

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