Will the rise of defense stocks continue? ✈️
Japanese stocks 🇯🇵
Yesterday, which followed the shock from Ishiba (Petit), was a day of significant increase in defense-related stocks. I felt a lot of buying activity in the morning session, so I bought the following stocks that I had sold the day before such as IHI.
I also repurchased the following stocks that were showing strong upward movement (FujiKura may have been okay not to buy).
If you're going to buy back, you shouldn't have sold in the first place! It's hindsight, but I was unsure about the impact of Mr. Ishiba becoming the leader, so I temporarily exited my position. If defense stocks are rising despite the change in momentum in the leadership election, there might be the possibility of the initial stage.
A sharp rise usually indicates the beginning or end of a bullish trend. It is unclear which one it will be this time, as there are significant geopolitical risks, and I consider it the initial stage due to the high likelihood of continued fund inflows in the future. If I'm mistaken, I will cut my position 😇.
Of course, it is best for there not to be any wars or conflicts, and I hope for a quick resolution. However, when it comes to investments, I will switch gears and proceed calmly 🙏
American stocks 🇺🇸
The US stock market was also unstable, perhaps due to the situation between Iran and Israel. Defense stocks like LMT also rose in the USA.
My own portfolio was also unstable, but $Vistra Energy (VST.US)$ Somehow managed to go up 😤
$CrowdStrike (CRWD.US)$ Is dropping a bit too much, so I am withdrawing 😖
Summary
As the market is unstable due to various reasons, let's continue to drive safely!
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