The following is a comment written by a FISCO social reporter for individual investors, Mr. Yuusuke Yuge (Blog: Profitable Stock Information" Nekodanna's Stock Never Ceilings "). At FISCO, we strive to work with individuals who are actively disseminating information to deliver a diverse range of information to investors.

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※Written on October 27, 2024, at 15:00.

As the House of Representatives election approaches, the Nikkei average has been on a downward trend. From October 21 to 25, the Nikkei average has fallen below the 25-day and 75-day lines. After the House of Representatives election, it is uncertain what will happen to japanese stocks...

I am Yugi Yuge, who writes a stock and cat blog called 'Profitable Stock Information "Nekodanna's Stock Never Ceilings"'.

The state of japanese stocks is quite poor. To be honest, there is nothing but anxiety regarding the current politics in japan. If the zero-interest rate policy ends and interest rate hikes and tax increases begin, it is hard to believe that the economy will improve just from the perspective of 'consumption.' It is understandable why predictions of a major defeat for the Liberal Democratic Party are becoming plausible.

However, it can be said that the politics of the usa have a greater influence on japanese stocks than japan's own politics, so after the House of Representatives election, the market will likely be based on the upcoming presidential election in the usa. The results of japan's House of Representatives election will likely be overshadowed by the results of the usa presidential election coming on November 5. Indeed, I have been paying close attention since summer, and the long-awaited usa presidential election has finally arrived.

Rather than just predicting the election results, it would be better to create a portfolio that can withstand whatever happens. The future global situation is expected to change rapidly, and continuing with the same kind of investment as before may not go smoothly. It could be a good time to seriously consider the outcomes of the situation in Ukraine and potential crises in Taiwan leading up to 2025.

If the Liberal Democratic Party suffers a great defeat, the Ishiba administration will have to take responsibility. In other words, stable politics like Abenomics may not return for a while. One must be prepared for stock prices to fluctuate as political situations change. In any case, after the House of Representatives election, the usa presidential election should determine the trends in the stock market moving forward. For the time being, it might be worthwhile to target solid stocks with strong earnings expectations and ipos that are likely to attract individual investments.

Sansan, the largest provider of business card management services, was upgraded by Nomura Securities on October 18 from "neutral" to "buy," and the target stock price was raised from 2500 yen to 2700 yen. The candlestick chart (daily) is showing a solid upward trend with the 100-day moving average acting as a support level, and monitoring is intensified to see how high it will rise.

Following the announcement of a share buyback on October 21, Raccoon HD surged to a new year-to-date high. The company, which operates e-commerce sites, announced that its subsidiary had concluded a business matching contract with Nagoya Bank, suggesting strong material news. The recurring profit forecast for the fiscal year ending April 2025 is expected to set a record.

Nanyo, which sells and rents construction machinery and industrial machinery, announced an upward revision on October 21 and gained attention. While the fiscal year ending in March 2025 is not expected to be the highest profit on record, the candlestick chart (daily) is under monitoring to see if it heads toward an upward trend. The low pb of below 1 also seems to support this trend. Focus is also on the earnings reports on November 8.

Okano Valve, which has speculation related to nuclear power, has already surpassed its full-year plan in its earnings reports (Q3) on October 4. There seems to be interest due to reports that Google and Amazon aim to power datacenters with nuclear energy, as well as the first domestic approval for the 50-year operation of the Takahama nuclear power plant. This stock also has a low pb and demonstrates stability in its earnings.

Kimura Kiko, also associated with nuclear power speculation, is another company to watch. The company, which primarily focuses on plants, is also attracting attention for its role in decarbonization and GX-related investments. The stock price appears undervalued, and the focus now is on how the candlestick chart (daily) will behave after the earnings reports on November 8.

Finally, from the recent ipos, there is Ortz. This company, engaged in the research and development of elemental technologies for the development of digital clones, has been viewed positively after being selected for the second phase of the domestic generative AI development project "GENIAC" promoted by the Ministry of Economy, Trade and Industry and NEDO. While the chart is weak, it is noteworthy as part of the AI sector.

Well, the story has become a bit long, but on my blog, I introduce "individual stocks and theme stocks that are currently strong". Please take a look if you have time. We look forward to welcoming you with our beloved cat, "Al".

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Author Name: Yuugentei Tamaki Blog Name: The Cat Master's Stocks Know No Limits

Blog Name: The Cat Master's Stocks Know No Limits