A fall in US stocks was the impulse for the retreat. |
A rally in US shares (overnight) led the market here. |
Although the numbers aren't strong ... they don't appear to be a factor on the market at the moment. |
Basically, the (strong) market trend hasn't changed. |
Energy issues are stronger on higher oil prices. |
Everyone pretty much wants to see tomorrow's outcome from the meeting. |
Investors sometimes go after these leading firms when there are concerns about higher interest rates. In a sense, these are stocks with staying power.... On top of that, their earnings have been good. |
It's definitely having an effect .... Foreigners are likely worried about the Bank of Japan eventually ending its super-easy monetary policy. Also some companies did down downgrade their profit forecasts and there are those investors who now see Japanese stocks as overvalued. |
It's hard to tell at this point if the Nikkei has reached a target or if it will climb higher. |
Japanese stocks surged for two straight days till Monday, so today's market is pushed down by profit-taking pressure, and US shares declined while we were on holiday yesterday. The move is, thus, quite natural. |
Japanese stocks surged for two straight days until Monday so (now the) market is pushed down by profit-taking (after) US shares declined. |
Now, the market is in panic but we will see it settle down after a while. |
One closely watched point is whether the year kicks off on a plus or a minus. |
Overall, the market performance is solid but on the other hand, concerns remain that trading volume has been low, with trading value staying at seven-month lows. |
Panic selling seems to have started to calm down owing to progress in adjustments of huge long-margin positions and declines in margin calls. |