This macro-market analysis is based on the fact that I (@mifseeThis is a record of my personal study to gain a bird's eye view of the daily macro environment when making investment decisions in the U.S. market. The contents may contain errors or differences from the actual situation. Please be aware of this before reading this report.
Notable Rising Issues (from watch list)
Watch List (based on closing price on 09/22/2025)
| name of a or the Buddha | closing price (stock exchange, etc.) | volatility | theme | insight |
|---|---|---|---|---|
| PLUG (Plug Power) | 2.65 | +21.56% | Hydrogen & Fuel Cells | $1.66 billion loan secured report and accelerated short covering |
| APLD (Applied Digital) | 24.45 | +19.38% | AI Data Center | Continued speculation on CoreWeave-related contracts and expansion plans |
| AXTI (AXTI) | 5.14 | +18.43% | Compound semiconductor substrate | None in particular. Continued daily rise |
| BFLY (Butterfly Network) | 2.17 | +17.30% | Mobile Ultrasound and Medical AI | Appointment of CTO and TIME election coverage |
| SES (SES AI) | 1.85 | +17.09% | Next Generation EV Batteries | Lingering reports of completed overseas acquisitions |
| FLUX (Flux Power) | 3.02 | +17.05% | Industrial Lithium Battery | Q4 sales +25% and gross margin improvement financial evaluation |
| ASPI (ASP Isotopes) | 11.22 | +13.79% | Isotope and nuclear medicine | None in particular. Possibility of review as a nuclear theme. |
| LTBR (Light Bridge) | 20.15 | +10.35% | Next Generation Nuclear Fuel | 9/23 Nuclear Energy Summit Speaker Scheduled to Speak at the Summit |
| ONDS (Ondus Holdings, Inc.) | 7.26 | +8.04% | Communication for drones and robots | Announced 3.5 million orders for $ for national defense |
| NBIS (Nevius Group) | 106.60 | +7.34% | AI Cloud | Continued bullish coverage and target increase reported |
| CRWV (Core Weave) | 133.23 | +6.70% | AI Cloud and GPU Rental | Continuation of bullish report and AI capex period |
personal impression
Re-diffusion of AI infrastructure associationsandHydrogen and battery reboundThe concurrent market conditions of the
APLD associates higher with continued bullish ratings on CoreWeave and Nebius, PLUG and Flux.Financial & Financial MaterialsMaintain momentum in the
Long-lasting demand for nuclear energy-related productsAlso continued to speak at LTBR summits, ASPI on nuclear medicine, and other events.Policy and event drivenIt appears that the funds patrol of the company is also continuing.
ONDS for drones and robots areCertainty of defense ordersand BFLY rose inPersonnel and Evaluation IndicatorsInflows of short-term funds due to the
It is my impression that stocks that are late to the market also continue to be sought after in relation to news and themes.
Personal,Butterfly Network (BFLY)I was just starting to pick up a new one, so I'm looking forward to seeing it start to move.
market insight
Analysis Date] 2025/09/22
general mood
U.S. stocks areAll three major indices reached new highs, ,Megatech initiativeand after the passage of the first interest rate cut.continued preference for riskrising market. Europe isSTOXX600 slightly lowerAutomobiles and financials weighed down byantagonistic marketThe following is a list of the most common problems with the "C" in the "C" column.
Japan.Nikkei 225 continues to gain less than +11 tp3tImprovement of external environment and yen's depreciation inReevaluation of Performance MomentumThe following is a list of the most common problems with the "C" in the "C" column.
The bonds areU.S. 10yr slightly higher, Germany small, JGB flatAfter the event ofSlight positional adjustmentThe following is a list of the most common problems with the "C" in the "C" column.
The exchange rate isDollar slightly rebounding, Euro flat, Yuan stable under authorities' control(at sentence-end, falling tone) indicates a confident conclusionlow-bola marketThe following is a list of the most common problems with the "C" in the "C" column.
Commodities areWTI falls back, gold remains highMacro expectations and supply and demand in theforward puller (of a rickshaw)The following is a list of the most common problems with the "C" in the "C" column.
Crypto assets areDirection limited holdingThe event bora pare down inequilibrium phaseThe first is.
equity
| index | closing price (stock exchange, etc.) | compared to previous day | background |
|---|---|---|---|
| Dow (i.e. Dow-Jones) | 46,381.54 | +66.27 (+0.14%) | Relief after the passing of the interest rate cut andspeculation in large-cap stocks |
| S&P 500 | 6,693.75 | +29.39 (+0.44%) | Megatech Buyand soft landing observation |
| National Association of Securities Dealers Automated Quotations | 22,788.98 | +157.50 (+0.70%) | AI-related and semiconductorReturn of funds to |
| Nikkei 225 | 45,493.66 | +447.85 (+0.99%) | Foreign-ledarbitrage positionand performance expectations |
| STOXX600 | 553.40 | -0.72 (-0.13%) | Softness in the automotive and financial sectors andTech/Resource Opposition |
bond
| home (i.e. hometown, home country) | 10-year yield | Change from previous day (bp) | Comment |
|---|---|---|---|
| United States of America | 4.15 % | +1 | Retreat of interest rate cuts ahead of scheduleSlight Reflex |
| Germany | 2.75 % | 0 | Waiting for datawait-and-see range |
| Japan | 1.60 % | 0 | After passing the meetingSideways change |
exchange (e.g. foreign)
- usd/jpy 146.60 (+0.13%): U.S. interest rates rebounding slightly.dollar repurchaseThe following is a list of the most common problems with the "C" in the "C" column.
- EUR/USD 1.1800 (-0.04%): Waiting for materialscorrespondenceThe following is a list of the most common problems with the "C" in the "C" column.
- usd/cny 7.1110 (-0.03%): under the mid-value operationMaintain low volatilityThe following is a list of the most common problems with the "C" in the "C" column.
commodity
| list of articles | closing price (stock exchange, etc.) | compared to previous day | driver (of a vehicle) |
|---|---|---|---|
| WTI crude oil | $62.55/bbl | -0.24% | Waiting for economic indicators and inventory speculationupward price control |
| Brent Crude Oil | $67.10/bbl | -0.22% | Macro Uncertainty andOffsetting Dollar Trends |
| natural gas | $3.12/MMBtu | +0.65% | Shoulder Month Supply and DemandTitration Observation |
| Gold (physical) | $3,690.00/oz | +0.22% | With real interest rates flatmaintaining a high price range |
| silver | $42.60/oz | +0.24% | Gold-linked andIndustrial Demand Expectations |
| copper | $4.71000/lb | +0.11% | Waiting for China-related headlinesautonomous rebellion |
crypto
- Bitcoin $116,300.00 (-0.13%): After the eventLifting Height AdjustmentThe following is a list of the most common problems with the "C" in the "C" column.
- Ethereum $4,515.00 (-0.11%): Material difficulties inRange TransitionThe following is a list of the most common problems with the "C" in the "C" column.
Macro event focus (next 3-4 business days)
- 2025/09/23 (Tue, holiday) Preliminary Global PMI (US, Europe, UK): Degree of growth deceleration andPrice index re-accelerated or notThe following is a list of the most common problems with the "C" in the "C" column.
- 2025/09/24 (Wed) U.S. - New Home Sales (Aug): After the decline in housing interest rateselasticity of demandThe following is a list of the most common problems with the "C" in the "C" column.
- 2025/09/25 (Thu) IFO Business Sentiment, Germany (September)ManufacturingConfirmation of bottoming outThe following is a list of the most common problems with the "C" in the "C" column.
- 2025/09/26 (Fri) U.S. PCE Deflator (Aug): of service inflation.viscosityThe following is a list of the most common problems with the "C" in the "C" column.
Insight Summary
- U.S. large growth biasContinued, Index isMomentum tracking of event passageHedge thickness is also safe.
- Japanese stocks are shallow at higher prices.and waiting for a pushspot turnoverlooks good.
- Duration is neutral to slightly longThe U.S. 10-year 4.1-4.21 TP3T ismeeting place for assignations, drinking, etc.is appropriate.
- Currency traded in a range of small dollar reboundThe EUR buyback isgradualis safe.
- Crude oil is back in the market and gold is on the verge of a pushCopper is waiting for headlines.Thin Exposurelooks good.
- Crypto maintains a light stanceand after the passage of the index.(artificially) pushing back one's opponent by pressing one's luckis safe.
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