In the current market, high techs are not exactly the target of investors' buying interest. Under these circumstances, it wouldn't help at all to post disappointing earnings.
More Quotes from Mitsushige Akino:
Some offshore investors secured cheaper funds here in yen for investing in Japanese equities. They appeared to be nervous as they consider an end to the current ultra-loose monetary policy by the Bank of Japan would increase their costs.Mitsushige Akino
The biggest incentive for investors to buy stocks right now is optimism for sustained economic growth. The kind of appetite we're seeing from investors right now won't end easily.
Mitsushige Akino
There was selling pressure today because of news of tighter stock margin trading rules and since today is the last day of delivery of money for sold shares, and the market responded outright.
Mitsushige Akino
The joint venture will invigorate the semiconductor market as chip equipment makers find more business opportunities. More interest rate increases by the Fed than anticipated will reduce consumer spending in the U.S. and some investors want to wait and see a job report that comes out later today.
Mitsushige Akino
The market is filled with good leads today, including the stronger dollar and upbeat corporate earnings results, following a positive surprise last week in Sony's report.
Mitsushige Akino
The U.S. economy, once a concern for investors, is now driving stocks higher.
Mitsushige Akino
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