Developments while keeping an eye on the exchange rate.
The Nikkei average has fallen for six consecutive trading days. It ended the day at 38,701.90 yen, down 111.68 yen (estimated Volume of 2.7 billion 10 million shares). Following the yen's depreciation after Bank of Japan Governor Kazuo Ueda's press conference, there was buying in export-related stocks, such as Automobiles, and the Nikkei average began to rebound. Towards the end of the morning session, it rose to 39,039.68 yen. However, after Finance Minister Katsunobu Kato expressed concerns over the fluctuations in the foreign exchange market, including speculative movements, it was a trigger for short-term Futures.
The Nikkei average fell for the sixth consecutive day, closing at a low due to the decline in financial stocks.
On the 19th, the U.S. Stocks market was mixed. The Dow Inc. rose by $15.37 to close at $42,342.24, while the Nasdaq fell by 19.93 points to end at $19,372.77. After the opening, the market experienced an upward movement. The sharp drop the previous day, due to the indication from the Federal Reserve Board (FRB) of a slowdown in the pace of additional interest rate cuts during the Federal Open Market Committee (FOMC), was seen as an overreaction, leading to a wave of buying. The domestic Gross Domestic Product (GDP) for the July to September period was revised upward, and new unemployment Insurance claims were announced in the morning.
List of conversion stocks (Part 3) [List of parabolic signal conversion stocks]
○ List of stocks that have switched to Sell Market Code Stock Name Closing Price SAR Main Board <5331> Noritake 3810 3885 <5344> MARUWA 4507 046870 <5440> Kyōei Steel 1779 1837 <5445> Tokyo Steel 6400 6560 <5851> Ryobi 2185 2270 <5929> Sanwa HD 4509 4688 <5930> Bunka Shiyāta 1870 1917 <5
Nextwear ETC [Stocks with intriguing characteristics based on Volume changes]
Stock closing price compared to the previous day Volume *<4814> Nextware 161,257,986,700 *<3370> Fujita Corporation 272,522,778,300 *<5884> Kuradashi 319,391,393,100 *<3943> Oishi Industries 109,197,157,500 *<7743> Seed 510,523,138,100 *<1457> iFree TPX Bear 29,711,621,317 *<5592> Kusuri no Madoguchi 145,997,283,200 *<9273> Ko-A Trading HD 61,011.
BS, JDSP and others [Emerging Markets Press Release]
<155A>Information strategy shareholder benefits have changed the benefits items. <3623>BS upward revision, this fiscal year's operating profit forecast is 0.616 billion yen, revised from 0.489 billion yen with increased dividends; this fiscal year's year-end dividend per share is 21.50 yen, revised from 12.00 yen. <3195>Genepa has started a new business (Unique Stores Platform business). <3674>Oukfan has completed the acquisition of its own shares. <3777>Environment-friendly ACSL has entered into a business alliance. <4054>Japan Information C System is involved in Software Development.
The immediate stance is to Buy on dips [closing].
The Nikkei Average declined for five consecutive trading days, ending at 38,813.58 yen, down 268.13 yen (estimated Volume of approximately 2.2 billion shares). Following the perception that the results of the USA Federal Open Market Committee (FOMC) were hawkish, the major stock indices in the USA fell the previous day, leading to risk-averse selling. The Nikkei Average dipped to 38,355.52 yen shortly after the market opened. However, as the yen weakened to the mid-154 yen range against the dollar, it provided support for the market, while the Bank of Japan continued its financial measures.