Japanese stocks back in the opposite foreign trade ■!

November Nikkei average rose more than 700 yen monthly

Japanese stocks back in the opposite foreign trade ■!

November Nikkei average rose more than 700 yen per month. The growth rate of about 8 percent. Speaking only in November, it became the world number one performance of Japanese stocks.

No growth expectation 過払い , even chaotic politics. Ue weak strong yen, zero rates and the deflation. "Prefer to buy stocks in this country who is?" Is not motivated or not 金 , as far as the investor by buying and selling trends, "foreign investors" seem to have bought me.

Foreign investors buy this or what exactly did you intend. "Japan has been buying shares to underperform reviewed so far" "when compared with the movement of world stock index 返還 , Japanese shares erased legally elected" and not hear it and interpret, the simple truth . Most "unwind (unwind)" is due.

Unwind and "rewind" in the sense that http://www.tmsp.jp/ , if there is ever sold positions, to eliminate this position by buying back. If you had bought the contrary position, that eliminating sell cassette tapes of something called "rewind" is equivalent to the transaction.

Foreign investors so far, why were you? To put it simply "had to sell Japanese stocks" is a. End of the month 8, FRB remarks by suggesting that additional quantitative easing Chairman Ben S. Bernanke, especially foreign investors and hedge funds "buy yen and dollar sales," "share buy Japanese stocks in emerging sell, "he formed a large position. This is the yen and strong through November, say Japanese stocks lagging behind compared directly behind China and India.

But with the announcement of an additional 2nd formal quantitative easing on March 11, becoming exhausted in the form of materials, reverse the previous trade (unwind) was the perfect excuse for explosion. In other words, "sell yen to buy U.S. dollars," "buy Japanese stocks in emerging stock sale" is.

Many Europeans also have a tightening and closing a hedge fund in November, the result will determine the benefits went at once, but that trick has boosted Japanese stocks. In other words, no reason not evaluated in the review of Japanese stocks, "Japanese shares are not sold from the evaluation of profit-taking for the repurchased" So he called buying on investment behavior.

Had also included the possibility of buying a new ■

However, some "unwind not only were also included purchase of new money from overseas power" is also heard.

Overseas power of new money from a "buy" as an indication of the order basket 場中 (more than 25 brands and more than 100 million yen) and that came in the form of "put a basket of leading shares was the most "It's for this.

Order from a 100 billion yen in, Asiamoney, petrodollars, had followed almost daily buying from investors based in Europe (2 per day? Bought three baskets.)

"Order of November 場中 baskets, foreign investors buying a few things. Sold mostly from domestic institutional investors" has been heard and the voices, real demand for these (long-term funds) also buying It was supposed to prop up state.

Symbolizes the flow of these supply and demand, the difference in abnormal performance of Japanese stocks in the same industry.

For example, I want to see a rate increase in November. If you look at electronics shares, rose more than 10% in the month, Sony, Panasonic's industry growth rate of about 1.8 percent while the pound was 1.3% in the obvious difference has arisen. The game shares the same 10%, while Sony and Nintendo's growth rate was more than five percent of Square Enix HD will move opposite to decline around.

The performance difference is like a completely different industry, that is, the foreigners went to buy new and are positioned as the top foreign investors in various sectors both "brand that everyone knows" that it was.

The Sony Corporation will buy electronics, Sharp, Panasonic do not buy the Nintendo game is in stock buy HD Square Enix is not buying it. Even though the prime stock, because the mood of buying Japanese shares as investors rush to the weight of Japanese stocks were down, "Japan's blue chips Korezo!" Is of such stocks rose strongly, only (results In terms of pushing the Nikkei).

■ The trend for the time being follow OK?

For now, it rises to unwind as the driving force, was not increased significantly negative, are reviewing whether the foreign investors in Japanese stocks is just really weird.

"Overheating feeling generous," "everyone is drunk as a whole," the voice that is heard but the situation, while a dealer has been won in the marketplace, "This is a short (sold), prohibited the" loud and.