Risk of strong shaking

Investment Comments

Agribank Securities (Agriseco) : The market continues to consolidate the uptrend, however, selling pressure at higher scores is still present, preventing the market from making a strong breakthrough. Note that November 16 is the derivatives expiration date, so fluctuations may occur more strongly.

Agriseco Research recommends that investors continue to maintain the stock ratio at 70 - 80% of the portfolio in the market's uptrend. It is possible to realize part of the profit in strong up sessions and shift to groups that are currently attracting cash flow.

East Asia Securities (DAS) : VN-Index may form a bullish reversal pattern, and the target is to increase to 1,160 points. Most stocks have a support price base around the 200-day MA line, short-term trading strategies can continue to disburse according to the market's upward momentum, paying attention to real estate, securities and electricity stocks.

Medium-term investors take advantage of correction sessions to disburse funds to increase their positions in banking groups, industrial park real estate, infrastructure construction, and stocks benefiting from public investment.

Saigon - Hanoi Securities (SHS) : With the positive recovery status, SHS believes that the new balance area for accumulation is likely to be in the 1,100 - 1,150 point range.

From a short-term perspective, the market has now successfully supported and is in a new recovery phase but will soon encounter a short-term resistance of 1,150. SHS believes that after the next recovery phase, the VN-Index will gradually move in a tight wave to form a new accumulation base.

From a medium-term perspective, the VN-Index is escaping the drag of the previous medium-term accumulation base. It is very likely that the VN-Index will continue to move in the 1,100 - 1,150 area to form a medium-term accumulation base.

The first short-term recovery after a deep decline is usually quite strong, so short-term investors can still disburse. For medium and long-term investors, the market has been confirmed to have passed the downtrend bottom at 950 points. Although the uptrend has ended, there is a high possibility that the market will enter the accumulation zone again, so long-term investors do not need to worry too much. Medium and long-term investors can completely wait for the opportunity to disburse more when the market accumulates and stabilizes again.

Stock news

- The US dollar index fell below 105 points after the US inflation report. The US dollar index - a measure of the greenback's strength against other major currencies - fell sharply after the US inflation report for October. As of 9:00 p.m. on November 14 (Vietnam time), the US dollar index fell sharply to 104,871 points, after fluctuating above the 105 point threshold throughout today.

- Good news from the Fed: US core inflation fell more than expected in October. US inflation was lower than expected in October 2023, thereby bringing hope that price pressures have eased and easing the Fed's concerns.

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