The 7/12 decline was a reaction caused by SQ, so don't panic!

The US CPI for 7/11 at 21:30 declined steadily, and it was thought that it would pass safely due to rising expectations for interest rate cuts due to falling inflation.

However, semiconductors that had risen too much were sold, and the SP500 was -0.85%, and the NASDAQ was -1.95%. Furthermore, SOX was drastically adjusted to -3.47%.
Furthermore, US interest rates declined in response to CPI, and when dollars were sold, excessive dollar yen and cross yen also rebounded.

As a result, Nikkei futures also fell drastically, and all at once, the SQ value battle dropped one level from 42000 yen to 41500 yen.

However, this slapstick is about the world of interest rates, exchange, the Nikkei Average, and Japan's derivative SQ, and it's a different world story from the “Japanese stock market.” So, today's 1000 yen depreciation is a reaction of this week's 2000 yen appreciation.

As proof of this, there has been almost no increase in volatility (Nikkei VI). Originally, if the Japanese market plummeted, VI should skyrocket.

Furthermore, if you look at the ratio between the number of stocks that have risen in price and the number of stocks that have dropped in price, it has risen by a whopping 60% or more.

Since this is the situation, I think everyone's portfolio losses haven't increased much either.

The 2-3 day “Nikkei Average” with SQ days in between is a large playground index that is useless for ordinary individual investors.

If the Nikkei Average moves significantly,

・What is the fluctuation range of TOPIX
・What is the ratio between the number of rising stocks and the number of falling stocks?
・What is the fluctuation range of Nikkei VI?
Let's check it out.

In particular, if the Nikkei Average VI does not rise above +1.0, there is no need to panic.

Rather, if the target stock has declined, it's OK to just go buy it.

However!
If it does not turn upward even after 2-3 days of the beginning of the week, and it falls slowly... then it may fall into a full-scale depreciation market from there.

I think it's a good idea to remember that the judgment described above is a judgment standard up to about 3 days with the SQ date in between.