
NYSEARCA:EWJ
This summary was created by AI, based on 1 opinions in the last 12 months.
Experts are increasingly favoring the iShares Japan ETF (EWJ-N) as they shift focus from overheated North American markets to foreign opportunities, with Japan emerging as a significant contender. The ongoing fiscal stimulation in Japan is providing a solid foundation for growth. Observations of the ETF's chart show a pattern of breakouts followed by consolidation rather than extreme volatility, which some analysts view positively. This consistent performance suggests a stable upward trend rather than erratic movements, which has encouraged a gradual investment strategy. Overall, the sentiment around EWJ-N reflects confidence in Japan's economic recovery and market potential.
vs. EWY (Korea) Japan is where many have made big mistakes, getting too bullish, too early. He struggles with its demographics and GDP, but tailwinds include nobody believes in it anymore. Better to look at SCJ-N (small caps) which trades below book value. Catalysts in Japan include a major fiscal stimulus. He prefers EWY (South Korea)--see top picks, which has been caught in the US-China trade war.
What ETF would you suggest for investing in Japan? Likes the iShares MSCI Japan (EWJ-N) although there are lots of other ETFs out there. This one has the major indices covered. Financials are about 20%, industrial/technology at around 15%. Most of his ETFs have veered towards the US, but also more towards Europe and the UK.
(A Top Pick Dec 31/12. Up 24.26%.) Thinks this will go higher. All support is at around $9.20. Japanese decided to stimulate by lowering the currency, which stimulates the export economy. It has broken out above a little resistance at $11.10. In a short-term chart, he sees an ascending triangle that is trying to break out again.