
NYSEARCA:EWJ
This summary was created by AI, based on 2 opinions in the last 12 months.
The iShares Japan ETF (EWJ-N) is gaining attention from experts as they shift focus away from the overheated North American markets towards Japan and emerging markets. The sentiment is positive due to ongoing fiscal stimulation in Japan, supporting the market's upward trend. Analysts have noted consistent breakout patterns in the chart, which eventually settle rather than spike dramatically. This stability is appealing to investors looking for less volatile opportunities. Furthermore, the recent consolidation phase of the chart presents a strategic entry point for those looking to invest, with experts suggesting that Japan's market is shaping up constructively, especially compared to riskier U.S. markets.
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.