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.

-----------

Written on October 21, 2024 at 11 o'clock.

After the congratulatory market before the election, what will happen to the market after the election? It is expected that stock prices will move significantly in response to the election results, but whether a dissolution general election is auspicious or ominous for the stock market... Even when unexpected risks arise, I want to keep in mind investments that can respond to them.

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

There seems to be concern that the support rate of the newly launched Ishiba administration is too low. Even if the Liberal Democratic Party were to win the election, if the number of seats decreases, there may be a growing trend of criticisms toward Ishiba. Initially, support rates tend to rise due to expectations when a new administration is launched, so having support rates at end-stage levels before the election... Could this really become a short-lived administration?

Amid the prevailing uncertainty, it seems that current Japanese stocks are supported by the strong performance of US stocks. If the US economy can safely achieve a soft landing, the skills of the Federal Reserve Board led by Chairman Powell deserve praise. When I saw the US Consumer Price Index announced in July 2022, showing a 9.1% increase compared to the same period last year, it sent shivers down my spine, but it has now settled in the 2% range.

Japan, which has been striving to overcome deflation, has made a sudden shift from zero interest rates to raising interest rates once the Consumer Price Index exceeded 2%. What could this difference possibly be? While it cannot be said that the US financial policy is absolutely correct, it is not wise to overlook the fact that there are successful examples right in front of us without learning from them.

There are points in stock investment that can be learned from successful examples as well. No matter how advanced trading tools and information networks are, you still cannot ignore a company's performance and candlestick charts. In uncertain markets, you would want to aim for stocks with strong performance based on reliable charts. This time, I selected six such stocks.

Par Group HD <2726>, which operates the sundries store '3 Coins,' is expected to achieve its highest profit ever in the fiscal year ending in February of the 25th year. The earnings report announced on October 15 is so favorable that it is being revised upwards, and if the yen strengthens from here, the company is likely to benefit. We are monitoring how far the candlestick chart (daily) that showed momentum after the earnings announcement on October 15 will form an uptrend.

Similarly, Tohme <4439> also announced its earnings on October 15. After the earnings report, the company confidently updated its year-to-date high. The company, which operates corporate optical fiber services and electrical utilities retail business, is expected to achieve its highest profit ever. The large shareholding in optical communications is also intriguing.

Shikigaku <7049>, which announced strong earnings on October 11, is expected to achieve its highest profit in three periods. We are watching closely to see how far the candlestick chart (daily) that crossed above the 75-day moving average will lift the lower end. With the current emphasis on AI and data analysis, the demand for DX and consulting businesses remains at a high level, so it's worth keeping an eye on these related sectors.

Shibaura Mechatronics <6590>, the world's top LCD cleaning equipment provider, has ignited popularity in the semiconductor sector. The earnings in August included an increase in dividends, and we must keep a close eye on the earnings announcement on November 17. The stock price has surpassed 0.01 million yen and updated its year-to-date high. Speculation continues about a stock split.

KeePer Giken <6036>, which hit bottom in August and turned around, is expected to achieve its highest profit for the 6th consecutive period in the fiscal year ending in June of the 25th year. Despite the favorable performance, there is value compared to the high point in December last year. We are monitoring the earnings announcement on November 11.

Finally, Jins HD <3046>, which is involved in the manufacturing and sales of glasses, is expected to achieve its highest profit in the fiscal year ending in August of the 25th year. The announcement of increased dividends was well-received. We are watching how far the candlestick chart (daily) will lift the lower end in the future.

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".

----

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

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