Below is a comment written by FISCO Social Reporter's individual investor “Tamasuke Limited” (blog: Profitable Stock Information “Cat Husband's Stock Knows No Ceiling”). FISCO is working to disseminate more diverse information to investors by cooperating with individuals who actively disseminate information.

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※Written at 14:00 on 2024/8/12

Will 8/5, when the Nikkei Average fell by more than 4,000 yen, go down in history as the “Ueda shock.” Even after the historic sharp rise the next day, it's still not possible to say that small-cap stocks have completely recovered. While the market price is unstable, the question is how we should survive.

Once again, my name is Kyusuke Limited, and I'm writing the stock & cat blog “Profitable Stock Information “Cat Husband's Stock Knows No Ceiling”.

The fact that Bank of Japan Governor Ueda will soon decide to raise interest rates should have already been factored in from around spring. However, there is a possibility that investor sentiment deteriorated rapidly due to the concentration of bad news, such as the results of US employment statistics and the fact that the yen rapidly appreciated due to the concentration of bad news such as the depreciation of the yen.

For foreign investors, if the yen fluctuates from depreciation of the yen to the appreciation of the yen, the profit in dollars when profit is determined will decrease. Sales led to sales, and as a result, it may have been a historic crash. Even so, information has been conveyed that the US Federal Reserve's interest rate cuts are definitive, and speculation is spreading that Governor Ueda, who caused the “Ueda shock,” will not be able to go beyond additional interest rate increases.

Until now, I had a good impression that the recession in the US would be a source of interest rate cuts, but when the recession was finally in full swing, everyone started selling it all at once. The numbers in the US employment statistics were certainly bad, but it is questionable whether they are bad enough to rewrite the history of the stock market. The reason was an afterthought, and they may have just been searching for the timing of sales after the all-time high was updated.

The week of 8/5 to 9 was a tremendous price movement that recorded a high price of 35849.77 yen from a low of 31156.12 yen, but in the end it ended with a closing price of 35025.00 yen. Going forward, I would like to keep my guard up and check the strong chart stocks that have maintained a steady upward trend. This time, I chose a brand with such a sense of foresight.

Unitika ＜3103＞, which has already returned to the level before the crash even after experiencing a crash, is intensifying surveillance to see if it can maintain a steady upward trend. The financial results announced on 8/6 were so good that they were revised upward. PBR is split by 1 times and there is also a sense that it is cheap, so there is a possibility that it will become popular in today's market where volatility is high. We are also closely watching hydrogen-related topics such as fuel cell electrocatalysts.

Sumitomo Pharma ＜4506＞, which has also firmly rounded up the lower price, seems to be viewing retinal pigment epithelial cells “HLCR011,” derived from allogeneic iPS cells, which are being jointly developed with Helios ＜4593＞ as a material. It was announced that inclusion of subjects had begun in a phase 1/2 trial targeting retinal pigment epithelial hives. The financial results for the most recent 1Q have landed in surplus, and they seem to be doing well.

JBCC Holdings (9889), a major IT infrastructure construction company, is also speculated about cybersecurity. It also has strengths in the DX field, and demand for the cloud service “EcoOne” seems to be strong.

Mitsui-Soko HD ＜9302＞, which handles semiconductors well in the Kyushu area, stands out for its steadiness on the chart (daily chart). The year-to-date high was updated on 8/9, and we are monitoring whether the lower price will be rounded up in the future. As concerns about the economic recession spread in Japan and the US, I would like to check the future of semiconductor-related matters as well.

Miyakoshi HD ＜6620＞, which mainly focuses on real estate leasing in China, also cut lower prices after the Ueda shock. The financial results announcement on 8/9 was also strong, and if it can exceed the high price of 2,838 yen set on 7/16, there is a possibility that the trend will become even stronger.

The last one is Sigmaxis HD ＜6088＞, which handles management consulting. The financial results announced after the end of trading hours on the day of the Ueda shock were well received, and the day after the crash came to a sharp stop. In addition to stock buybacks, the fiscal year ending 25/3 is expected to hit a record high, so it's a stock I would like to keep a close eye on over the medium to long term if there is a push.

Well, I've been talking a bit long, but my blog introduces such “individual stocks and theme stocks that are strong now.” If you have free time, please take a look. We look forward to seeing you with our beloved cat “Al.”

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Author's name: Gyokusuke Kotei

Blog name: Cat Husband's Stock Knows No Ceiling