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 10/10/2025 closing price)
| name of a or the Buddha | closing price (stock exchange, etc.) | volatility | theme | insight |
|---|---|---|---|---|
| APLD (Applied Digital) | 33.99 | +16.05% | AI Data Center | Q1 sales +84% and CoreWeave 150MW expansion announced |
| ASPI (ASP Isotopes) | 10.13 | +14.46% | Isotope and nuclear medicine | Announcement of South African Investor Event |
| FEAM (5E Advanced Materials) | 5.66 | +13.65% | Boric acid and critical minerals | (None) |
| CPSH (CPS Technologies) | 4.48 | +12.56% | High Performance Materials & Defense | CEO bought 1.65 million more shares |
| MP (MP Materials) | 78.43 | +8.49% | Rare earth magnets | Report on magnet supply for DoD and Apple |
| UEC (Uranium Energy) | 14.65 | +8.12% | uranium development | New record highs and expanded buy coverage |
| LGO (Largo) | 2.00 | +8.11% | Vanadium & Energy Storage Materials | Operation Startup Plan and Tariff Impact Corporate Update |
| PPTA (Perpetua Resources) | 25.79 | +7.73% | Gold and Antimony Resources | Lingering aftermath of announcement of downstream antimony treatment plan |
personal impression
AI Infrastructure x Critical MineralsBipolar progression of the
APLD's strong financial results and 150 MW expansion plansThe,Strength of AI Capital InvestmentThe content reiterates the
On the other hand,Rare earth and uranium related MP and UECAlso,Policy support and tight supply and demandrose against the backdrop of the
However, news of escalating tariffs between the U.S. and China midway through the market price brought the overall price back up.
Small CPSHschool (e.g. of ikebana)Share buybacks by managementor some suchPinpoint materialsResponse to.
ASPI announces investor eventsThe number of employees remains atLightness of materials is a noticeable developmentThe following is a list of the most common problems with the "C" in the "C" column.
Personally, I maintain a bullish stance on resource-based stocks, but I am also aware of sudden changes in the tide, and I am also balancing cash preservation with some profit-taking.
market insight
Analysis Date] 2025/10/10
general mood
Resurgence of U.S.-China trade risksAnd,U.S. Administration Suggests Additional Tariffs on China Headlinesoriginated fromImpression of risk-offThe following is a list of the most common problems with the "C" in the "C" column.
S&P 500 and Nasdaq fall for first time since Apriland record theWidespread handouts and megatech-driven declinesprogresses.
Further,Risk of continued partial closure of government agenciesand ... andUncertainty of delay in publishing statisticsoverlap,
Michigan Expected Inflation Indexand ... andPosition lightening before the start of the financial seasonis a conscious development.
Europe,falling further toward the close (e.g. of a trading session)and thenNegative territory on a weekly basisThe following is a list of the most common problems with the "C" in the "C" column.
Spillover of Tariff Headlines Against Chinaextends to European stocks as well.
The Japanese market,Rebound from the previous day's all-time highs.from (e.g. time, place, numerical value, etc.)Selling at a profit of 1% lower, ,
in additionFactoring back in policy uncertaintyAdjustment by.
In the commodity market,Softness in crude oilandMaintain high gold pricesdue tosafety asset preferencecontinues.
Credit markets,Slight widening of spreadsaccompanied byReturn to QualityThe following is a list of the most common problems with the "C" in the "C" column.
equity
| index | closing price (stock exchange, etc.) | compared to previous day | background |
|---|---|---|---|
| Dow (i.e. Dow-Jones) | 45,479.60 | -881.00 (-1.90%) | Suggestion of additional tariffs against ChinaandTech-driven handouts |
| S&P 500 | 6,552.51 | -182.60 (-2.71%) | risk-off regressionandvaluation compression |
| National Association of Securities Dealers Automated Quotations | 22,204.43 | -820.20 (-3.56%) | Semiconductor and AI-related led the way down |
| Nikkei 225 | 48,088.80 | -491.64 (-1.01%) | High price alert gainsandFactoring back in external uncertainties |
| STOXX600 | 564.16 | -6.72 (-1.18%) | tariff headlineand the spillover ofone step lower at the close (e.g. of a stock market) |
bond
| home (i.e. hometown, home country) | 10-year yield | Change from previous day (bp) | Comment |
|---|---|---|---|
| United States of America | 4.03 % | -7 | Duration regression as stocks plunge |
| Germany | 2.64 % | -6 | observation of economic slowdownandquality orientation |
| Japan | 1.63 % | -1 | external riskandsupply-demand balancetug of war (orig. a form of divination to predict whether the year will be favourable or unfavourable) |
exchange (e.g. foreign)
- usd/jpy 145.30 (-0.55%):Risk-off yen appreciationand the weight of lower U.S. interest rates.
- EUR/USD 1.1790 (-0.10%):Expectations of lower interest rates in EuropeandSafe Asset Demand for DollarThe antagonism of the
- usd/cny 7.1100 (+0.03%):Authority mid-value operationMaintain lower range.
commodity
| list of articles | closing price (stock exchange, etc.) | compared to previous day | driver (of a vehicle) |
|---|---|---|---|
| WTI crude oil | $61.05/bbl | -0.57% | sense of uncertainty about demandandrisk-offstone weight (as used on pickle-tub covers) |
| Brent Crude Oil | $66.15/bbl | -0.23% | dollar movementandOPEC+ Observationoffsetting each other |
| natural gas | $3.12/MMBtu | +0.32% | Shoulder month supply-demand tightening speculation |
| Gold (physical) | $3,760.00/oz | +0.53% | safety asset preferenceandreal interest rate decrease |
| silver | $44.25/oz | +0.12% | gold linkageand industrial demand speculation |
| copper | $4.70600/lb | -0.02% | risk-offandWaiting for China Headlines |
crypto
- Bitcoin $113,900.00 (-1.99%):risk-offandU.S. stocks plungedRedemption sales associated with the
- Ethereum $4,230.00 (-1.62%):Alto-linked beta adjustmentThe following is a list of the most common problems with the "C" in the "C" column.
Macro event focus (next 3-4 business days)
- 2025/10/11 (Sat) Preliminary Consumer Confidence, University of Michigan, U.S. (Oct):expected inflationandhousehold sentimentTipping Point of
- 2025/10/15 (Wed) U.S. Retail Sales (Sep):Elasticity of real consumptionandoveremphasis on serviceVerification of
- 2025/10/16 (Thu) U.S. - Housing Starts/Construction Permits (Sep):Interest Rate Sensitive SectorMomentum confirmation of
- 2025/10/17 (Fri) China - Trade Statistics (Sep):External Demand Momentumandcommodity demandClues for
Insight Summary
- tariff headlineThe starting pointTail risk manifestationperIndex futures hedging thickensis safe
- Beta high for U.S. large growthbased ongradual profit-takingandBalanced Allocation of Health Care and Public Benefitslooks good
- Duration slightly longer(at sentence-end, falling tone) indicates a confident conclusionCurve flattening biasContinuation is appropriate.
- Dollar is in a tug-of-war between demand for safe assets and falling interest ratesperBuy EUR phase and sell USD/JPY returnIt is safe to use the reverse tactic of
- Crude oil is back in the market and gold is on the way outCross-asset diversification looks good for
- Crypto is exposures light., ,Stock Volatility LinkedIt is appropriate to respond to maneuvering with an awareness of
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