On Wall Street, it is said to be Sell in May (stocks sold in May). As is the case with Japan's market quotes for the setsubun ceiling and the bottom of the equinox, this is due to the seasonal investment behavior of institutional investors. In the case of America, individual income tax refunds (just over 40 trillion yen in 2024) were made from February to May. It is a structure where these funds flow into the stock market through mutual funds and support stock appreciation.
　However, that hasn't been the case recently. Rather, the trend of Sell in June (pattern of high price formation from June to July) is strong.
　The same goes for the Japanese market. In the case of Japan, stock buybacks will be announced when the March financial results are announced. Toyota Motor Corporation (7203) is a good example (the total amount is 1 trillion yen, 410 million shares, and a share buyback of 3% of the number of issued shares has been announced). Stock buybacks may have delayed the high price formation period to June.
　Of course, I'm not advocating Sell in June in this situation. It's just a match. Also, there is still a possibility that Prime Minister Kishida will be dissolved and run for a general election at the end of the Diet session on June 23 this year. “Stock appreciation” in the dissolution, general election and stock market...

Bitcoin soared again, surpassed 70,000 dollars, and rose to 8th place in market capitalization competition!
According to data from the digital asset management and research company CoinShares (CoinShares), funds of several billion dollars have flowed into crypto asset (virtual currency) investment products this year in response to heightened investor interest.Last week was a record high of 2.7 billion dollarshas flowed into “crypto assets (virtual currency),” and most of it has been directed towards bitcoins.
A series of good news encouraged a rapid increase in capital inflows, and among themAn exchange-traded fund (ETF) linked to Bitcoin in kind has been approvedKotoya,A “half-life” event scheduled for AprilIt includes. James Butterfill, who is in charge of investigation at CoinShares, says that approximately 10.3 billion dollars have flowed into crypto assets this year, and the momentum is approaching the annual inflow of 10.6 billion dollars in 2021. The year 21 is also the year that Bitcoin hit a record high of around 69,000 dollars at that time. However, as Bitcoin continues to hit new highs, it seems that some investors are hedging against market adjustments. “Despite recent price increases,The inflow of funds into the Bitcoin short continues” Butterfill said...