Pre-Trading Thoughts

1Q23 Earnings Expectations| Currency rate and availability play a key role in shaping profits. 1) Excluding FX losses for 1Q23, aggregated profits will rise c.20% YoY, 2) Including FX losses, aggregated profits will decline 18% YoY, 3) For FY2023, aggregated profits will rise 5% YoY, due to FX losses for some large-cap companies Stocks that will witness a spike (>30%) in profit growth YoY in FY2023: CSAG, MCQE, ALCN, AMOC, FWRY, CNFN, ARCC, ETRS, MTIE, SWDY, ORWE, ABUK, SKPC, CLHO, E...