On the Nikkei Stock Average chart, Bloomberg reported on the 6th that a “knock-on” pattern in which a “window” (gap between candlesticks) in the direction of decline appears 3 times in a row has been established, and market participants have indicated the possibility of a shift to an upward market price. Knocking in three skies is one of the patterns of technical analysis “Sakata Five Laws,” which has been used since the Edo period, and is known as a buy sign.
According to Bloomberg, the windows opened on September 21, October 3, and 4 this time, and there are no consecutive business days when the first and second windows were opened. Toshinoda Masayuki, senior market analyst at Rakuten Securities Research Institute, analyzed that it came into the shape of Miku as a result of searching for lower prices rather than panic sales. It is believed that there is a possibility that price range revisions will progress in the short term until the 200-day line level of 30,000 yen split depending on the movement of US stocks, but they are also talking about the possibility that a buying strategy may be effective.
The three-sky slam occurred even on 3 consecutive business days starting 3/10 this year. After that, it hit the bottom (low price 26,632 yen) on the 16th, and while rounding up the lower price, it rose to 6/19 (high price 33,772 yen).
This year's rise was sharp, but...

“Sell in May, and Go Away, Don't Come Back Until St Leger Day.”
The beginning is an English investment proverb that everyone knows.
Let go of stocks in May and resume stocks after the famous horse racing “St. Leisure Stakes” to be held in mid-September. That's what it is.
I would like to obtain the stocks I have targeted in the adjustment phase from the latter half of September to October from now on.

The other day, I went shopping with my mother after a long absence. Of course, older mothers pay in cash. I felt overwhelmed by payments and there was a generation gap (^_^;)
Yesterday, when I told this story to a junior who is 10 years younger, they said, “Huh! It came back saying “I pay in cash too” (^_^;)
Credit cards and lump-sum payments have become established in my family in the past 5 years, but I wonder if there are still people who pay in cash?

The Japanese stock market on September 5 was a mix of buying and selling. In a situation where TOPIX updates daily high prices, it would be a natural move for profit taking sales to increase.
JFEHD (5411) is drastically cheaper. The equity finance plan was announced at 11:50 today. The dilution of rights due to the increase in the number of issued shares was disgusted and declined. Associated sales have also been made by Nippon Steel.
The need for blast furnace manufacturers to “invest in decarbonization and invest in replacement of environmental protection equipment” has not started now. Both Nippon Steel and JFEHD set year-to-date highs on the 4th. The implementation of JFEHD's financing was probably an opportunity to launch profit-taking sales on steel stocks.
Regarding large-scale corporate investments, I place importance on “what the funds will be used for.” This is important as to what the funds raised by JFE will be used for. There is a possibility that the profits of companies that obtain funds that obtain funds will increase depending on what kind of companies the funds invested by JFE will be paid to through business. We value that kind of thinking when investing in stocks.
The sentences in today's JFE presentation materials are quoted below.
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“Specific investment plans for 2030...

Tesla (TSLA) and BYD (BYDDF) are the world's largest electric vehicle manufacturers, and are becoming direct competitors in China and many parts of the world.
A lot of attention has been drawn to EV start-ups such as Nio (NIO), Li Auto (LI), Xpeng (XPEV), Rivian (RIVN), and Lucid (LCID). Efforts by traditional automobile giants such as General Motors (GM), Ford Motor (F), and Volkswagen (VWAGY) have also been reported. However, Tesla and BYD stand out.
In 2022, the car sales volume of BYD, a major Chinese EV battery company, surpassed that of Tesla. Tesla is still number one in all-battery electric vehicles (BEVs), but the difference is narrowing.
On 9/1, Tesla announced price revisions for the Model 3 in China. However, Tesla also lowered the price of the Model S and X in China and the US, and also lowered the price of fully autonomous driving systems.
In 2023, Tesla lowered prices many times as demand could not keep up with strong production capacity and competition intensified.
...

Attracted to Elon Musk's mysterious appeal (I think it's even blatant), I bought 250 Tesla shares for 190 dollars/share 7 years ago (dollar yen = 104 yen is exactly 5 million yen worth).
After that, after two installments, the number of shares became 3,750 shares, and almost triple tenbagger was achieved due to rising stock prices. The stock price has taken a break now, but it feels like the yen depreciates somehow 28 times...
It was an episode where I felt the dynamic fun (and scary at the same time) of US stocks.