Retail investors are good at bottom-fishing at a time of an event-driven sell-off, like the one last week.
More Quotes from Junichi Misawa:
The U.S. economy's growth is making further interest rate increases likely and that's been translated into this market, affecting high-tech shares in particular.Junichi Misawa
The report prompted speculation that charging lower interest will hurt consumer lenders' earnings. It's difficult to buy the stocks when we cannot confirm how they will secure profits once the regulation is tightened.
Junichi Misawa
There is uncertainty on how these lenders will be treated going forward. The declines may be severe considering their business growth potential.
Junichi Misawa
Anticipation for good earnings seems to be leading to gains for Sony as well as Toyota and Honda. In the mid-term most investors expect the market to continue rising and that is proving to be a strong reason to buy when prices dip.
Junichi Misawa
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Based on Topics: Time QuotesBased on Keywords: bottom-fishing, event-driven
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