VN-Index Surpasses 1300, US Stocks Positive, Gold Sell-off from Peak

Publication Time: 10:00 AM, May 15, 2025

Publisher: Mr. Leon

MARKET OVERVIEW

  1. Stock Market:
    • Vietnam Market: The market continued its upward trend, surpassing the psychological threshold of 1,300 points. Liquidity increased, indicating that funds continued to support and absorb profit-taking supply, with net buying from foreign investors being particularly strong. Surpassing the 1,300-point mark shows positive investor sentiment, which could help the market continue to rise. The next resistance zone is 1,320 - 1,340 points, where significant profit-taking supply is expected, potentially creating short-term pressure.
    • US Market: The US stock market continued its positive momentum on May 15th as investors were optimistic about the Federal Reserve cutting interest rates sooner than expected, thanks to lower-than-forecast April inflation data. The S&P 500 index slightly increased by 0.1% to 5,886.55 points, while the Dow Jones Industrial Average slightly decreased by 0.2% to 42,140.43 points due to pressure from healthcare stocks. The positive trend remains, especially if the Fed takes accommodative policy actions in the near future.
  2. Forex
    • USD/JPY trending upwards, buying positions can be traded today, daily support:
  3. Gold:
    • Spot Gold Price: Trading at $3,182 per ounce, down $58 from the overnight session high of $3,240 per ounce.
    • Reasons for the decrease: The global gold price fell sharply due to profit-taking activities by investors after gold prices reached recent highs. Additionally, the easing of some tariff measures by the US and China reduced safe-haven demand, pushing gold prices down.
  4. Oil:
    • XTI/USD main trend is upward, but there is currently a downward correction, limit trading today.
  5. Bitcoin:
    • BTC/USD Price: Currently trading around $103,179, down 0.67% in the last 24 hours.
    • Market Sentiment: Bitcoin continues to trade stably around the $103,000 level, supported by the recovery of the cryptocurrency market and positive investor sentiment.

TRADING PLAN USD/JPY

  • Trend: Upward
  • - Recommendation: Buy at 146.254, Stop Loss: 145.254, Take Profit: 148.254
  1. Vietnam Stocks: Hoa Phat Group (HPG)
    • Recommendation: BUY HPG (May 15, 2025), Entry Price: VND 25,900 - 26,300, Target 1: VND 28,000, Target 2: VND 30,000, Stop Loss: VND 24,900.

NOTABLE EVENTS TODAY:

  • 13:00 - GBP: GDP m/m
  • 19:30 - USD: Core PPI m/m
    • PPI m/m
    • Unemployment Claims
  • 19:40 - USD: Fed Chair Speaks

DISCLAIMER

  • The above analysis represents the personal opinions of Lotus analyst Leon only and should not be considered as a basis for actual market participation.
  • Lotus only provides technical trading analysis and trading knowledge training for students.
  • Lotus does not represent any securities company or asset management company.
  • Lotus does not manage student funds.