Yen up, stocks up
In yesterday's article, I wrote that if US stocks continue to fall, I plan to quickly reduce my positions, but fortunately they rebounded, right ☺️ I plan to maintain my positions as they rebounded.
$NVIDIA (NVDA.US)$ and $Ferrari (RACE.US)$ Strong rebound surpassing the previous day's decline was robust ⤴️ $Aflac Inc (AFL.US)$ Is quietly but very strong in continuous decline 🦢
However, US stocks have finished rebounding from the plunge, and some stocks that seem to be range-bound or declining have started to emerge, so we have been taking partial profits on those stocks. Specifically,
Reduced positions in . Although funds have been released, since there are no standout gold stocks to redirect those funds to, it means that I have slightly reduced my stock positions. Currently, about 70% of the funds are in stock positions. I plan to invest the funds again when a new trend emerges.
However, it seems that Chairman Powell's remarks suggested a rate cut, leading to further strengthening of the yen 😇 It is painful for US stock investors, but I have balanced my investments between US stocks and Japanese stocks to avoid worrying about exchange rate losses. Since I cannot predict exchange rates, I have decided not to focus on them anymore!
Regarding Japanese stocks, $Fujikura (5803.JP)$ Selling a little of $JVCKenwood (6632.JP)$ I bought a little and adjusted my position.
$Mizuno (8022.JP)$ I took profit on . It would have been nice to take profit at 10,000 yen, but I thought I would see if it would exceed 0.01 million... and as I got greedy, it slowly dropped, so I ended up taking profit at 9,800 yen 😂
$Sumitomo Pharma (4506.JP)$ and $IHI (7013.JP)$ , $Chugai Pharmaceutical (4519.JP)$ continues to be strong 💪
Next week is nvidia's earnings announcement, so it will be an important week for high-tech stocks going forward. Let's always be prepared for anything.
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