The Bank of Japan will hold a monetary policy meeting on the 30th to 31st. The details of the decision will be announced around noon on the 31st, and President Ueda Kazuo's press conference will be held in the afternoon.
At the previous June meeting, a policy to reduce the purchase amount of long-term government bonds was decided, but the scale of reduction etc. was not shown, and it was decided that a specific reduction schedule for the next 1 to 2 years will be announced at the current July meeting.
At this July meeting,In addition to how much the pace of reduction in government bond purchases will be, the biggest focus is on the pros and cons of additional interest rate hikesIt becomes. According to the advance forecast,There is a large probability that neither rapid government bond purchase cuts leading to a rapid rise in interest rate levels nor interest rate hikes will be carried out, so it doesn't seem to be a major negative factor for the stock marketthat's it. Another background is that pressure on the Bank of Japan to raise interest rates is declining due to the current rapid appreciation of the yen. Conversely,If the market determines that the pace of government bond purchases and reductions is slower than expected, it will be a positive surprise for the stock market that weakens the yenThere is also a possibility that it will happen.
Consideration for avoiding rapid interest rate increases is positive for the stock market
When the Bank of Japan, which had been the largest buyer of government bonds until now, reduced purchases of long-term government bonds, the price of government bonds fell...

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From the beginning of the yearSemiconductor stocks that were doing wellOn April 4Major adjustmentsI did it. The adjustments this time areThere has been no change in fundamentals surrounding the semiconductor industry,principallyIt is largely due to external factorsIt's conceivable.The recovery in semiconductor market conditions and the benefits of the generative AI boom are expected to continueBecause,When making adjustments, it's an opportunity to buy spectacularlyLet's be This timeList up candidate stocks to buyI did it.
Semiconductor stocks are strong
Of the major US stock indicesYear-to-date gain/fall rateIf you check (same as below until 4/4),The S&P 500 Index rose 8%Whereas I didThe Nasdaq 100 Index rose 6%I did it. At first glance, tech stocks seem to pale in comparison to the market as a whole. Meanwhile, the Philadelphia Semiconductor Stock Price Index, which consists of semiconductor stocks, which are one corner of tech stocks (SOX index) rose 14%I did it.What is the SOX index due to the AI boomIt rose by 65% in 2023,Stay strong in 2024It looks like it did.
What are the factors behind the decline on 4/4
On 4/4, the SOX index fell 3.0%. The S&P 500 Index and the Nasdaq 100 Index fell 1.2% and 1.6%, respectively.
4/4'sThe whereabouts...