ETF sales etc. are becoming aware, and there is a possibility that the prime market will rise and stop

This week, sales of exchange-traded funds (ETFs) that reach settlement dates have become a hot topic in the market. It is expected that sales will come in to generate distributions to investors, and according to trial calculations by some securities companies, it is said that sales demand of about 1.3 trillion yen will occur from 1 trillion yen to 1.3 trillion yen in total for spot stocks and futures. Since most ETFs are the Nikkei Average or TOPIX type, it is expected that the index will weigh heavily. Every year, since it's a topic for this period, there is also a view that it has already been factored in, but since the Nikkei Average and TOPIX rose from late June to early July, it seems that aggressive purchases can be refrained in response to negative supply and demand events. There is a possibility that the wait-and-see mood will intensify in the Tokyo market this week, but in a sense, I would like to think of it as just the right adjustment material. As the prime market strengthens its wait-and-see mood, I think this week they will head to the standard market and growth market. Above all, it is assumed that the growth market will be re-partitioned since profit-taking sales have been in for the past week or so in response to the rise from late May. Both the Growth Market Index and Growth Market 250 Index once bounced back to the 75-day moving average, but once again, I would like to look forward to a battle and defense at this level. The trading price has decreased to the first half of 100 billion yen, but if a trading price close to 200 billion yen can be made, it will be a good position.

Meanwhile, the US market is also a phase I want to keep an eye on. The June Consumer Price Index (CPI) will be announced on the 11th and the Producer Price Index (PPI) will be announced on the 12th, respectively. In the US Federal Reserve (Fed), like the PCE deflator, it is an economic indicator that is regarded as important, so it deserves attention. The growth in May CPI stopped compared to the previous month. Growth in the May PCE deflator, which was announced at the end of June, also slowed down compared to the previous month, so last week, Federal Reserve Chairman Powell stated that “inflation is slowing down again.” Federal Reserve Chairman Powell will testify to Congress on the 9th and 10th regarding the semi-annual monetary policy report. Before the announcement of the CPI and PPI for June, there is a possibility that more “dovish” statements will come out in order to comment on the current economic situation, including employment-related data that weakened last week. If long-term US interest rates decline further, it will be a tailwind for high-tech stocks such as Apple and Amazon, and the NASDAQ index will hit an all-time high, and there is also a possibility that it will be a stimulant for Japanese stocks.

Since it deals in defense chemicals, I would like to focus on it as one of the defense-related brands. Defence-related stocks are in a tailwind position as the probability that former President Trump will return in the US presidential election is growing. First, I would like to look forward to a rise targeting year-to-date highs.

Since ransomware is raging all over Japan, interest in internet security-related companies is turning. The company's PER is only about 17 times, and I think it's cheap when compared to the average PER of about 40 times that of other companies in the same industry such as FFRI.

An IPO stock that was just listed on 6/27. After listing, it was bought up to 1,764 yen, but the price has dropped to the current initial price level. If the low price of 1337 yen after the initial price is broken, there is a possibility that it will be one step lower, but I see a short-term rebound as a situation where it is easy to enter.