7 Quotes by Minoru Tada
- Author Minoru Tada
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U.S. stocks finally appear to be bottoming out, and the yen is coming back to reasonable levels for Japanese exporters. I'd say that's a pretty good signal to buy.
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- Author Minoru Tada
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Selling looks thin and investors continue to cover their short positions.
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I think we'll see a pickup in market activity in the afternoon, but for now market participants are reluctant to take positions ahead of Bush's address later in the morning.
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Japan is entering the summer holiday season. Activity should be limited this week and next.
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There's pretty much nobody home in the foreign brokerages now due to Christmas celebrations, and domestic institutional investors have no particular incentive to trade either.
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Tech shares have taken a real hammering lately and were due for a rebound.
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Nothing new came out of the G7 meeting. But the government is now keeping a closer eye on the stock market and investors are taking notice.
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