Vietnam Insight

President Donald Trump announced a 50% tariff on imports from Brazil. US stock futures were little changed on Thursday after the major averages finished the previous session higher, led by a rally in technology stocks. On Wednesday, the Nasdaq Composite rose 0.94% to close at a record high, while the Dow and S&P 500 added 0.49% and 0.61%, respectively, each logging their first gains in three sessions. Tech shares drove the rally amid sustained enthusiasm for artificial intelligence. On the policy front, President Donald Trump announced a 50% tariff on Brazilian imports late Wednesday, citing unfair trade practices. Meanwhile, minutes from the Federal Reserve’s June meeting showed policymakers viewed the new tariffs as inflationary, prompting them to hold off on interest rate cuts.

Break out of 1,400, towards 1,500. VNINDEX closed at 1,431.32 (+15.86 points, +1.12%) with high liquidity exceeding the 20-session average. The market had 192 stocks increasing and 127 stocks decreasing. The group of stocks contributing the most to the market's increase were VCB, VHM, VIC while TCB FPT LPB contributed to the market's decrease. Foreign investors net bought about 1,947 billion, the value mainly concentrated in SSI and SHB stocks.

Trading Strategy: Investors should be more cautious as the market has increased sharply in the recent period. If you buy new stocks, you can buy with a low proportion, prioritizing groups that closely follow the MA 20/50/200 support. Investors with a safe appetite can disburse with stocks that are around the accumulation base such as banks.