Weekly Thoughts

Although US market rally looks to be broadening, Japan’s stock market stalled somewhat as generally weaker earnings provided some headwinds in the short term as investors struggled to digest the sudden demand…

Closely following the trend in the US, the Japanese stock market continued its march higher led by cyclicals, particularly technology and factory automation names which were severely sold off last year. Topix is trending…

Japanese stocks continued to rebound, with Topix having recovered by 10% from its late December lows. It has been an encouraging week in some ways as TSMC’s (2330) poor earnings was met with a…

This will be our last weekly publication for 2018 and we at Asymmetric Advisors wish our readers happy holidays and a prosperous 2019. Now back to business:  Japan’s stock market continued to follow…

With Japan’s Topix dropping below that psychological ¥1600 support and testing its crucial 200 week moving average of around ¥1570 level, any hopes for a year-end rally have all but evaporated. With Japan’s market remaining…

As we highlighted last week, with stocks having had already staged a decent bounce on hopes for a positive outcome from US/China trade talks in the G20 summit, it was difficult to see…

As generally anticipated, and in line with Trump’s play book, US has postponed plans to raise tariffs on Chinese imports by 90 days while China seems to have pledged to resume imports of US…

Topix continued to test its key psychological support line of ¥1600 level, but still trading above that important 200 weeks moving average line, now at Y1570 level. The Japanese stock market had grabbed much international attention…

Global events continued to dictate the direction of Japan’s stock markets as peaking US corporate earnings, less accommodative US monetary policy, slowing Chinese economic activity and continued concerns about the future of…

With US stocks leading other markets, we have kept a close eye on the developments there as Japan’s corporate earnings have proved far from encouraging to expect any sort of decoupling. Thus, for this…