Active Investing in Japan

Back-to-back rallies in the U.S. — the first time in a month — worth nearly 550 points (the most in five years) for the Dow, combined with a reversal in the yen back towards 110, and the fact that Chicago N225 futures also rallied for a second day for a two-day total of 685 points to 15,535, which is 375 points (+2.5%) above where Osaka N225 futures closed, all point to a big rally today in Japan. continue reading…

Japan market summary for Wednesday (Nov. 28)
Nikkei 225 Stock Average: -69.07 (-0.5%) to 15,153.78
Nikkei 225 futures Osaka: -80 (-0.5%) to 15,160, Singapore (SGX) -50 (-0.3%) to 15,170, Chicago (CME) *11/27 +420 (+2.8%) to 15,270
TOPIX: -3.14 (-0.2%) to 1,475.64; Advancers 835 x decliners 762 (unch. 125), New highs 3 x new lows 42
Nikkei Jasdaq: +7.97 (+0.5%) to 1,739.09
Yen: weakened 0.8% against the US$ to the 109.00 level late in Tokyo; weakened 0.2% against the euro to the 160.50 level continue reading…