The Japanese stock market on the 22nd seems to be aware of movements aimed at an autonomous rebound against the drastic decline of the previous week. In the US market on the 19th, the NY Dow rose by 211 dollars and the NASDAQ depreciated by 319 points. Sales that were wary of the increasingly tense situation in the Middle East abated, such as arguing that Israel's retaliation attack against Iran was limited on a limited scale, and Iran also insisted that there was no damage. The NY Dow remained steady throughout the day, with purchases in response to expectations for major corporate financial results. Meanwhile, driven by the fall of Netflix, the NASDAQ fell as sales spread to other high-tech stocks. Chicago Nikkei 225 futures are 37,100 yen unchanged from Osaka. The yen exchange rate is hovering at 154 yen 60 yen per dollar.
It seems that it will start with a small move in the form of falling towards Chicago futures. The Nikkei Stock Average fell by about 2,450 yen in 1 week last week, so it would be easier to buy for an autonomous rebound. However, weak price movements of high-tech stocks are conspicuous in the United States, and it seems that the value with a large index impact will weigh on the Nikkei Stock Average as people are aware of the sluggish return of high-tech stocks.
Also, while it is easy to be swayed by financial results in the US, financial results announcements will begin in earnest domestically from this week. Even if purchases aimed at an autonomous backlash come in, it is easy to refrain from aggressive trading, and it is likely that they will move towards individual response using settlement as a clue. Also, as searches for high-tech stocks are being held back, it is easy to move towards risk-averse searches for defensive stocks, and development with a relative TOPIX advantage is expected.
Also, the Nikkei Stock Average has clearly fallen below the 75-day line due to a sharp drop last weekend. It had dropped to 36,733 yen at one point, but sales were piling up around 36,000 yen in terms of turnover by price range. In a phase approaching the same level, it is thought that sales with adjusted holdings are likely to strengthen, and there is a possibility that they will move towards a risk aversion attitude, and it seems that they will move towards a short stance aiming for a return.
Note, when financial results were announced the weekend before, trends such as Rapine ＜8143 ＞, Chemipro Kasei ＜4960＞, Hiramatsu ＜2764＞, WDI ＜3068＞, Daihatsu Day ＜6023＞, Marutai ＜2919＞, Iwai Cosmo ＜8707＞, Avix ＜7836＞, and Chubu Feed ＜2053＞ are attracting attention.