Softbank's poor performance is especially weighing on sentiment.
Of course the market is still very focused on high-techs and information technology-related issues, but today we saw a bit of buying in other sectors.
Given the New York market's setback on geopolitical concerns, the market here may wipe off half or more of the gains it saw yesterday.
If it were just a case of dealing with the effects of the previous hurricane, the U.S. (economy) could be expected to bounce back, but if another one hits no one has any idea what could happen.
Had the outcome been better, it would have increased speculation of higher consumer prices immediately ahead, so it seems that investors are taking a weaker reading as a positive.
It appears that investors don't want companies unless their earnings forecasts are really bullish. That's how strong expectations are at the moment.
I think the gains (in New York) were mostly due to short-covering on battered issues.
I think we're certainly seeing an impact from Intel ... as its stock is really weak right now.
I think individual investors who trade on margin account for about 60 percent of the total using the Internet.
That would be happening here as high-techs and banks were sold heavily in the past few days.
With the current currency level, it is really tough for investors to buy tech shares. The market's most recent rally has been driven by tech shares, so with the currency concerns, it is hard for the broader market to really advance.
There are a lot of hopes with the start of the new year.
We think today's SQ is not a critical one.
We've got a firmer New York market and a weak yen to support exporters,
Confidence over an end to deflation keeps luring investors to bank shares. Buying of steel stocks falls into the same kind of category, that is one where investors bet on the domestic demand.
Right now there are few market participants.... Investors don't know what may happen with the currency during the holidays.
After rising more than 700 points in just three days, I think it can't be helped if we see some investors locking in some gains.
The Nasdaq will probably rebound tonight because of Yahoo and investors started factoring that in at the start, but there wasn't enough follow-through buying in high-tech and Internet shares,
After gaining for four straight sessions, investors are concerned that the Nikkei has risen too quickly,
A weaker opening is highly likely due to a pile of sell orders from individual investors trading on margin.
The weakness in the dollar, and the corresponding strength in the yen, is making it tough for investors to pick up high techs.
It seems the U.S. market won't be affected too much by election results, and that's quite reassuring, ... Investors are slowly regaining their confidence, and the Nikkei should start to establish support around 15,000.
New York shares were higher, but we've also got this fear of retaliatory terror attacks. Besides, I haven't seen much improvement when it comes to economic fundamentals in Japan.
Investors want to see the U.S. stock market's reaction to whatever the Federal Reserve says, which might set the tone for global high-techs for a while.
I don't think the market was expecting this ... Now it looks like many investors are expecting just one more interest rate rise, in May.
The market focused on only the good things in the survey. That suggests how far and fast the market sentiment has improved.
The currency movement can't really be helped, considering the comments (by Fukui). This is something we'll want to pay attention to.
