U.S. Stocks 

Fundamental Analysis: 

U.S. stocks rose on Tuesday, 13th December 2022, after a weaker-than-expected rise in consumer prices boosted optimism that the Federal Reserve may soon slow the pace of interest rate hikes, but concerns remain that the Fed may remain aggressive.

The benchmark S&P 500 jumped 2.76% earlier in the session to a three-month high after data showed that the U.S. consumer price index (CPI) rose just 0.1% in November from a year earlier and 7.1% from a year earlier, the smallest year-over-year gain in nearly a year, as gasoline and used car prices fell.

However, the stock market trimmed its gains before the Federal Reserve released its policy statement on Wednesday.

It is widely expected that the Fed will announce a 50 basis point rate hike at that time. Energy stocks rose 1.77%, one of the S&P’s best-performing sectors on the day, as weaker-than-expected inflation data depressed the dollar and boosted oil prices.

The consumer inflation data followed a slightly higher-than-expected rise in producer prices in November, released last week, but showed that the trend is slowing.

Nevertheless, some question whether this price trend can continue.

Technical Analysis:

(Dow 30, 1-hour chart) 

Execution Insight: 

The Dow today pays attention to the 33949-line. If the Dow runs stably above the 33949-line, then pay attention to the suppression strength of the 34477 and 34990 positions.

Hong Kong Stocks 

Fundamental Analysis: 

In the morning session, the three major indexes of the Hong Kong stock market fell back significantly after opening higher, and all of them turned down during the session.

The Hang Seng TECH Index (HSTECH) rose slightly by 0.06% at noon, while the Hang Seng Index (HSI) and the Hang Seng China Enterprises Index (HSCEI) rose 0.69% and 0.92% respectively.

The half-day net southbound capital inflow was 248 million Hong Kong dollars, the market turnover was 74.7 billion Hong Kong dollars.

On the market, large technology stocks generally rose, NetEase, Inc. (9999.HK) rose more than 3%, Baidu, Inc. (9888.HK), Meituan (3690.HK), Tencent Holdings Limited (0700.HK), Alibaba Group Holding Limited (9988.HK) and other weights rose.

Education stocks entered the live broadcast industry, education stocks collective explosion, light positive education soared 80% of the best performance.

The paper industry stocks are strong obviously; coal stocks, gold stocks, handicraft stocks, wind power stocks are active. 

On the other hand, Internet medical stocks continue to fall back in a big way, semiconductor stocks opened high and low, auto stocks, gambling stocks, insurance stocks, military stocks fell in general.

Technical Analysis: 

(HK50, 1-hour chart) 

Execution Insight: 

HK50 pays attention to the 18606-line today. If HK50 can run stably above the 18606-line, then pay attention to the suppression strength of the two positions of 19517 and 20467.

FTSE China A50 Index 

Technical Analysis: 

(FTSE China A50, 1-hour chart) 

Execution Insight: 

FTSE China A50 pays attention to the 12900-line today. If A50 runs stably below the 12900-line, pay attention to the support strength of the two positions of 12659 and 12273. If A50 runs above the 12900-line, it will open up further upside space.

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