There is a possibility of a solid development at the bottom, or continued speculation during the intermission.
Outlook for this week from December 2nd to December 6th: Tokyo Stock Exchange Growth Index is expected to show a firm development, with a possibility of continued interim profit-taking. The direction of the main board market is also unclear, so it seems that profit-taking between acts will continue. The trading value is not increasing significantly in the 100 billion yen range, so the trend is not very strong, but events like the sharp rise of WealthNavi <7342> could push up the index as well. In addition, Free <4478> and BASE, which have a significantly increasing market capitalization, are likely to continue rising.
The rise is broadening the selection of intermission stocks.
Last week's overview from November 25th to November 29th, the TOPIX Growth Index reached a high of 645.08, a low of 628.97, and a closing price of 643.97, with a weekly increase of 1.44% marking an upward trend. Amid a search for short-term gains, driven by the narrowing yield spread between Japan and the US, the exchange rate market saw the US dollar breaking into the 149 yen level for the first time in about a month. While large cap stocks on the main board struggled due to the strong yen and weak dollar trends, domestic demand-oriented stocks in emerging markets performed well. The reduced participation during the Thanksgiving holiday in the USA also had an impact, leading to profit-taking at the end of the week.
Stocks hitting the upper or lower price limit in the afternoon session.
■ Stop high <2156> Sailor Advertising <3787> Technomathematical <4011> Headwaters <5247> BTM <5950> Japan Power Fastening <7386> Japan Warranty Resistance <9252> Last One Mile <9342> Suma Support <9376> Eurasia Travel Agency <7342> Wealth Navi ■ Stop low <9399> Beat Holdings Limited *Includes temporary suspension high/low (indicated value)
List of converted stocks (Part 2) [List of converted stocks for Parabolic Signal]
Sell conversion stock list market Code Company name Closing price SAR Tokyo main board <1802> Obayashi Corporation 2107 2148 <2301> Gakujou 1737 1770 <2792> Honeys HD 1617 1645 <2802> Ajinomoto 6284 6539 <2975> Star Micah Ho 6776 98 <3415> Tokyo Base 2822 99 <3480> Jay SB 2694 273
Solid support is coming from high U.S. stock prices and declining U.S. long-term interest rates.
[Emerging Markets Individual Stock Strategy] Today's emerging markets are expected to show a stable performance. In the U.S. stock market on the 25th, the dow inc rose by 440.06 points (+0.99%) to reach 44,736.57, marking four consecutive days of gains. President-elect Trump appointed a Secretary of the Treasury, alleviating concerns about extreme policies. Additionally, reports regarding the Israeli government holding a cabinet meeting to negotiate a ceasefire with Hezbollah have eased worries about the worsening situation in the Middle East. With the decline in long-term interest rates, the dow inc has continuously updated its record high.
Although supported by solid performance and rising U.S. stocks, the market may experience a heavy upper threshold.
[Emerging Markets Individual Stock Global Strategy] Today's emerging markets are expected to show a stable development. Last week's US stock market on the 22nd, the dow inc rose by 426.16 dollars (+0.97%) to 44,296.51 dollars, marking three consecutive days of gains. The improvement in manufacturing and services PMI led to buying on expectations of a soft landing, and following the good financial results of retail companies such as gap inc and ross stores, the dow continued to rise and set a new all-time high. Today's emerging markets are likely to show a dominance of buying.