4 Comments

"I have fear of buying when green and selling when red- I have to trade against market direction."

I don't have a fear but some kind of blockade and therefore it is very tough for me go in the same direction as the market.

Expand full comment

Weston, could you please be so kind to provide some link to a list of all listed military stocks in Japan - interested in companies where defense represents majority of revenues

Expand full comment

the main ones are 7011 Mitsubishi Heavy and 7012 Kawasaki Heavy.

7224 Shinmaywa Industries also comes up - I actually remember this company from my japan equity sales days, its much smaller in market cap and from what I recall they were more industrial and transport related and not defense as the majority of topline (but this was years ago, maybe they changed?)

This looks like a pretty comprehensive report of the industry fundamentals:

https://www.mordorintelligence.com/industry-reports/japan-defense-market/companies

Expand full comment

USDCNH vs. XLK….remarkable

Expand full comment