NIKKEI Long Strategy

16 באפר׳ 2020

Japan is one of the countries with the highest fiscal impulse for the corona virus ~19% of GDP. It is an industrial economy based on exports and should see its major companies recover relatively fast once the global quarantine is lifted. The BOJ is buying stocks in its QE programme and this should be supportive for the stock market. My strategy would be to add on any meaningful retracement. Ideal entry 18660 to target 21200 or higher once things improve during the summer.