Which is the bad news???
On Tuesday, the ISM Manufacturing Purchasing Managers' Index fell below expectations, causing a decline in high-tech stocks. This is bad news. Last night, the number of non-farm payroll employees fell significantly below expectations, but high-tech stocks increased (although the increase was small). This is bad news is good news. Which one is it!? 😂 It's a difficult market to determine whether bad news will lead to an economic downturn or an interest rate cut. I wonder what tonight's employment statistics will bring... 🫣
As for my own actions, I'm moving in the opposite direction to prepare for a stronger yen. $Nitori Holdings (9843.JP)$ I purchased because I'm expecting the exchange rate to go up... 😇 The position I bought was a bit high, so I'm buying at a high price 😇 Since it's a stock with a high price, it hurts even if it drops a little 😇 Yesterday, it opened high and then gradually dropped... However, the exchange rate is expected to trend higher, so it also acts as a hedge against dollar assets.
In U.S. stocks, yesterday my holdings of value stocks were all weak, so I sold half of them and reduced my position. During the decline on 8/2-5, was also affected, so I wanted to reduce my position before the employment statistics. $Aflac Inc (AFL.US)$ Now, tonight will be the employment statistics. Let's be prepared for whatever comes 🫡
Well, tonight is the employment statistics. Let's be prepared for anything that happens 🫡
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規律可能性が高くて直線上昇する銘柄が好みです。ファンダはあまり意識しません。勝ち馬は伸ばせ、逃げる時は脱兎の如く
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