The market may rebound. Commodities companies and stocks with strong earnings may lead gains.
More Quotes from Hiroichi Nishi:
Just when everyone is wondering how long the military action would last and how it would affect the U. S. economy, we are facing the earnings season both in the U. S. and Japan. The wait-and-see mood is palpable.Hiroichi Nishi
Concerns over rising U.S. rates persist and that may weigh on stocks today.
Hiroichi Nishi
Optimism is increasing that the land price report will confirm that Japan is out of deflation and that the economy is recovering.
Hiroichi Nishi
Large-cap, low-priced issues are under the spotlight now that long-term bond yields are falling. That made Tokyo Gas's annual yield of 1.3 percent and Tokyo Electric's 2.0 percent yield look relatively attractive,
Hiroichi Nishi
Weak factors abound for Tokyo. New York was softer, we've got this Taisei news, and we are heading into the three-day weekend.
Hiroichi Nishi
The broader market will probably struggle to make any headway today. Investors are likely to focus on companies raising dividends and pick up their shares.
Hiroichi Nishi
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