5min chapter

Market Depth cover image

Navigating A Wild Week Of Market Drivers

Market Depth

CHAPTER

Nissan and Honda Earnings After Market

Japan steel maker jf e holding shares and the socks Philly semiconductor index are pretty well correlated directionally. That would mean that the fundamentals Of the company were actually kind of being reflected in markets. If the autos are doing well and they're making cars then jf e steel does well Providing material to make cars. It's very straightforward and vice versa. So that's why I pointed out to keep eyes on Nissan and Honda earnings after market yesterdayUm right before they reported reported to their earnings. On thursday management Was already saying in their earnings just two days prior that their automotive customers Are back with orders to make cars due to the easing of semiconductor chip supply situation Which led to

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