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2023 US Stock Market Trends and Key Issues

1. Consumer Price Index (CPI) and Inflation Easing

• The annual increase in the December CPI was 2.9%, meeting market expectations.
• Core CPI (excluding energy and food) slowed to a monthly increase of 0.2%.
• The Fed emphasizes the core CPI, and signs of easing inflation are viewed positively.
• Successive price indicators (PPI, CPI) have surpassed expectations, stabilizing investor sentiment.
• As a result, US Treasury bond yields have declined (from 4.64% and continuing to fall).

2. Surprising Earnings from Major Banks

• JPMorgan Chase: Fourth-quarter net profit increased by 50% year-on-year, with the stock price up more than 2%.
• Goldman Sachs: Recorded earnings per share of $11.95 in the fourth quarter, with the stock price up more than 6%.
• Strong performance by major banks provides a positive signal for the stock market.
• The financial stock sector is closely linked to the economy, playing a vital role as an economic signal.

3. Tesla's Rebound

• Tesla's stock price rose more than 8%, reaching $428.
• In 2023, there are expectations for various growth areas such as autonomous driving, artificial intelligence (AI), and energy storage.
• Morgan Stanley mentioned the possibility of Tesla's stock price increasing up to $800.
• Despite short-term volatility, there is a positive outlook on fundamentals and long-term growth potential.

4. Quantum Computing and Related Stock Increases

• IonQ: Rapidly increased by 33% for two consecutive days after Microsoft's mention.
• Microsoft's emphasis on preparing for the future of quantum computing has increased the momentum of the theme.
• NVIDIA also mentioned related technologies at its conference, impacting quantum computing stock prices.
• However, caution is needed as the technology sector can be volatile.

5. Semiconductor and NVIDIA Trends

• Despite the recent weakness in NVIDIA's stock price (down 15% from its peak), there are suggestions of a medium- to long-term rebound possibility.
• Semiconductor regulations and export restriction issues have a short-term impact but can be overcome in the long term.
• The current lower price-to-earnings ratio (PER) provides price merit.

6. Other Major Stocks and Market Sentiment

• Microsoft (MSFT): Slight increase of 2%, but recent earnings miss has put pressure on the stock price.
• Regarding bank stocks, Wells Fargo and Citigroup, among others, saw their stock prices rise after the announcement of their major earnings.
• Conversely, some consumer goods sector stocks showed weakness, indicating differentiation among individual stocks.

7. Bitcoin and Cryptocurrency Trends

• Bitcoin (BTC): Rebounded due to the impact of CPI and PPI, recovering to $100,000.
• With 62% of the supply being held long-term, volatility is stable.
• Based on past halving data, there is mention of the possibility of further increases.

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< Summary in English >

1. CPI & Inflation Easing

• December CPI annual growth slowed to 2.9%, meeting market expectations.
• Core CPI rose only 0.2% MoM, showing signs of inflation cooling.
• Fed focuses on core CPI, bolstering investor confidence.

2. Strong Bank Earnings

• JP Morgan reported Q4 profits up 50% YoY; stock gained over 2%.
• Goldman Sachs Q4 EPS $11.95, with a stock surge of 6%.
• Bank stocks sent positive signals regarding broader economic health.

3. Tesla's Rebound

• Tesla stock surged 8%, closing at $428.
• Positive outlook for AI, energy storage, and autonomous driving in 2023.
• Morgan Stanley suggested Tesla's share price could reach $800 in a bullish scenario.

4. Quantum Computing Stocks

• IonQ jumped 33% over two days after Microsoft's statement on preparing for quantum computing.
• NVIDIA also included quantum themes in its conference, boosting related stocks.

5. Semiconductor Update

• NVIDIA: Down ~15% from recent highs due to semiconductor export restrictions.
• Long-term fundamentals remain strong, with attractive valuations.

6. Market Sentiment & Key Stock Performances

• Microsoft stock mildly rebounded by 2% but remains under pressure due to recent earnings misses.
• Financial stocks like Wells Fargo and Citigroup surged following solid Q4 results.

7. Cryptocurrency Trends

• Bitcoin rallied back above $100K amid cooling inflation reports.
• Historical trends indicate potential for further price increases post-halving events.

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• Crafted by Billy Yang

• [Related articles at Next-Korea.com]

1. The meaning and market impact of US bank stock performance
2. Tesla: The Future of AI and Autonomous Driving in 2023

*YouTube Source: [미국주식하는인갠]

– 미국주식, 비트 드디어 신호 떴습니다. 이제부터 매일이 레전드.

[Korean Summary]

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[미국주식하는인갠]
“미국주식, 비트 드디어 신호 떴습니다. 이제부터 매일이 레전드.“

### 2023년 미국 증시 동향 및 주요 이슈

1. 소비자물가지수(CPI)와 인플레이션 완화

• 12월 CPI 연간 상승률은 2.9%로 시장 예상치에 부합.
• 근원 CPI(에너지 및 식품 제외) 월간 상승률 0.2%로 둔화.
• 연준(Fed)은 근원 CPI를 중시하며, 인플레이션 완화 신호는 긍정적으로 평가됨.
• 연이은 물가 지표(PPI, CPI)가 예상을 상회하며 투자 심리가 안정화.
• 이에 따라 미국 국채 금리 하락(4.64% → 하락폭 지속).

2. 대형 은행들의 깜짝 실적

• JP모건 체이스: 4분기 순이익 전년 대비 50% 증가, 주가 2% 이상 상승.
• 골드만삭스: 4분기 주당순이익 $11.95 기록, 주가 6% 이상 상승.
• 대형은행 실적 호조는 증시에 긍정적 신호 제공.
• 금융 주식 섹터는 경제와 밀접하게 연관되어 중요한 경기 신호 역할을 함.

3. 테슬라(Tesla)의 반등

• 테슬라 주가 8% 이상 상승하며 $428 기록.
• 2023년에는 자율주행, 인공지능(AI), 에너지 저장 등 다양한 성장 분야 기대.
• 모건스탠리, 테슬라 주가 최대 $800 상승 가능성 언급.
• 단기 변동성에도 펀더멘털과 장기 성장 가능성에 대해 긍정적 전망.

4. 양자 컴퓨팅 및 테마주 상승

• 아이온큐(IonQ): 마이크로소프트(MS) 언급 이후 2일 연속 33% 급등.
• MS, 양자 컴퓨팅 미래 준비 강조로 테마의 모멘텀 상승.
• 엔비디아(NVIDIA)도 컨퍼런스에서 관련 기술 언급, 양자 컴퓨팅 주가 영향.
• 하지만 기술 섹터는 변동성이 클 수 있음으로 주의 필요.

5. 반도체 및 엔비디아 동향

• 엔비디아 주가 최근 약세(고점 대비 15% 하락)에도 중장기적 반등 가능성 제기.
• 반도체 규제와 수출 제한 이슈는 단기 영향을 줄 뿐 장기적으로 극복 가능.
• 현재 낮아진 PER(주가수익비율)로 가격 메리트 존재.

6. 기타 대형주 및 시장 분위기

• 마이크로소프트(MSFT): 2% 소폭 상승, 하지만 최근 실적 미스 영향으로 주가 압박.
• 은행주와 관련하여 웰스파고, 씨티그룹 등 주요 실적 발표 후 주가 상승.
• 반면, 일부 소비재 섹터 주가는 약세를 보이며 종목별 차별화 양상.

7. 비트코인 및 가상화폐 동향

• 비트코인(BTC): CPI와 PPI 여파로 반등세, $10만 회복.
• 공급의 62%가 장기 보유 중으로 인해 변동성 안정적.
• 과거 반감기 데이터를 기반으로 추가 상승 가능성 언급.

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< Summary in English >

1. CPI & Inflation Easing

• December CPI annual growth slowed to 2.9%, meeting market expectations.
• Core CPI rose only 0.2% MoM, showing signs of inflation cooling.
• Fed focuses on core CPI, bolstering investor confidence.

2. Strong Bank Earnings

• JP Morgan reported Q4 profits up 50% YoY; stock gained over 2%.
• Goldman Sachs Q4 EPS $11.95, with a stock surge of 6%.
• Bank stocks sent positive signals regarding broader economic health.

3. Tesla's Rebound

• Tesla stock surged 8%, closing at $428.
• Positive outlook for AI, energy storage, and autonomous driving in 2023.
• Morgan Stanley suggested Tesla's share price could reach $800 in a bullish scenario.

4. Quantum Computing Stocks

• IonQ jumped 33% over two days after Microsoft's statement on preparing for quantum computing.
• NVIDIA also included quantum themes in its conference, boosting related stocks.

5. Semiconductor Update

• NVIDIA: Down ~15% from recent highs due to semiconductor export restrictions.
• Long-term fundamentals remain strong, with attractive valuations.

6. Market Sentiment & Key Stock Performances

• Microsoft stock mildly rebounded by 2% but remains under pressure due to recent earnings misses.
• Financial stocks like Wells Fargo and Citigroup surged following solid Q4 results.

7. Cryptocurrency Trends

• Bitcoin rallied back above $100K amid cooling inflation reports.
• Historical trends indicate potential for further price increases post-halving events.

---

• Crafted by Billy Yang

• [관련글 at Next-Korea.com]

1. 미국 은행주 실적 상승의 의미와 시장 영향
2. 테슬라: 2023년 AI와 자율주행의 미래
   

   *유튜브 출처: [미국주식하는인갠]

• 미국주식, 비트 드디어 신호 떴습니다. 이제부터 매일이 레전드.