Here is the translated HTML, with standard decoding applied and the content translated to English. The HTML structure is preserved and no extra line breaks are added: From the opening, the price has surpassed 24,000 yen
Hello, I am Nikkei OP seller of the administrator.
Thank you very much for visiting this blog.
I would like to provide information that can be of help to everyone, so please support me.
Now, the theme this time isMarket Impressions.
Following the momentum that far exceeded 26,000 in yesterday's New York market, the Nikkei average also surpassed 24,000 this morning.
However, at the level of expected EPS 1523.19, 24,050 yen would correspond to a PER of 15.79 times.
If short sellers cover and it rises to 16 times, it would reach 24,371.
Therefore, going forward it seems the upside might be quite heavy.
For continued upside,
either the expected EPS needs to grow,
or the NY Dow needs to break through the next major threshold of 27,000 dollars, right?
By the way, anticipating this 24,000 break, I took profit on a CALL that I had bought for the first time in a while.
From now on, perhaps I will wait for a good pullback and then engage in the “mole whacking strategy.”
For a little while, there will be short-covering by sellers, so it may be solid on the bottom.
Nikkei OP seller sometimes becomes Nikkei OP buyer.
It is not 100% selling. I may hold complex positions, and I also occasionally engage in short-term trading. m(. .)m
Note) The above reflects my personal view and is intended solely to improve financial literacy. Therefore, it is not created for investment solicitation. Also, while the blog content is based on data from reliable sources, the administrator does not guarantee its accuracy. Final investment decisions should be made at your own risk.