Wall Street Breaks New Records on Explosive Job Growth, Nvidia Nears $4 Trillion Mark!

Release Time: 10:00 AM, July 04, 2025 Issuer: Mr. Leon

 

Market Overview

 

1. Stock Market:

  • Vietnam Market: The market faced resistance at the 1,392-point level and corrected with a Star candlestick pattern. Increased liquidity indicates continued capital support, but profit-taking pressure has also risen. Profit-taking supply may continue to exert pressure in the next session. However, the current correction might be temporary to find an equilibrium zone. The preceding upward trend still acts as support, with a short-term support area at 1,355 – 1,370 points.

  • US Market: In today's session, the US market continued its breakthrough and recorded impressive gains thanks to strong job data: the S&P 500 rose by approximately 0.83% to 6,279.35, closing at a record high for the fourth time in the last five trading days. The Nasdaq Composite continued to set new highs, increasing by 1.02% to 20,601.10, driven by technology stocks, especially Nvidia, whose market capitalization is nearing the $4 trillion mark. The Dow Jones continued its ascent, adding 344 points (+0.77%) to 44,828.53, moving far from its lows and just a short distance from its record.

2. Foreign Exchange:

  • EUR/USD Currently around 1.177 – 1.178 USD/EUR, a slight increase of ~+0.2–0.3% compared to yesterday. Intra-day range fluctuated around 1.1753 – 1.1776. Overall, EUR is slightly gaining against the USD as the market anticipates US interest rate policy and economic data.

  • USD/JPY Currently around 144.4 – 144.6 JPY/USD, a slight decrease of ~–0.1% for the day. Daily range: 144.46 – 144.98. USD/JPY touched around the 144 JPY mark, reflecting demand for the USD amidst trade tension outlook and US economic data.

3. Gold:

  • Spot gold (futures) is currently trading around 3,352.59 USD/ounce (down 0.1%) and 3,363.10 USD/ounce for US gold futures contracts (up 0.1%).

  • From other sources like Monex or BullionVault, prices fluctuated around 3,329 – 3,352 USD/ounce today. Small fluctuations are due to investors awaiting crucial US employment figures and the Fed's interest rate policy.

  • In summary, gold prices are currently around 3,350 ± 20 USD/ounce, quite stable today.

4. Oil:

  • XTI/USD trend is unclear, limiting trading today.

5. Bitcoin:

  • Current price: 109,319 USD. Intra-day range: 108,833 – 110,387 USD. Slight change: up +420 USD (~+0.39%). Trading remained stable around 109k, with little major volatility today. This is typical behavior when the market awaits macroeconomic events.

 

Plan Assessment

 

1. WTI

  • Trend: Corrective decline

  • Recommendation: Sell at 66.036, stop loss 66.2, take profit 65.6

2. Vietnam Stock: REE
Recommendation to WAIT TO BUY REE (July 04, 2025), entry price 63,000 - 64,000 VND, target 1: 69,500 VND, target 2: 75,000 VND, stop loss 60,400 VND.

NOTABLE EVENT TODAY:

  • USD: Bank holiday (All day)

DISCLAIMER

  • The above comments represent only the personal views of analyst Leon from Lotus and should not be used 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 students' funds.