Trading Strategies - Economic Recovery Continues, Focusing on Theme Stocks in July

Reported about 1 year ago

Taiwanese stock market analyst Jiǎn Bóyí provided an economic analysis on June 28, 2024, stating that the economic stimulus signal score for May released by the National Development Council remained at 35 points, signaling a continuous uptrend in the economy. AI applications' strong demand led to red lights across various indicators, indicating a warming economy. However, amidst a slight correction in the short term due to foreign capital outflows and global market consolidation, stocks related to cloud CSP giants like Microsoft and AWS remain promising. With the upcoming Paris Olympics and the Asia Biotech Conference in July, related sectors such as textiles, tourism, and biotech are expected to benefit from the business opportunities presented.

Source: YAHOO

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