US Equity Market Looking Increasingly Expensive

Japan TMT Analyst

Pelham Smithers

Market Intel on Asian Tech with a Japan focus

Pelham Smithers Associates

Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods. 

Research is provided by the following:
Pelham Smithers: Macro, consumer electronics, telecoms & pharma
Joel Scheiman: Electronics materials / components
Julie Boote: Autos
Will Nestuk: Capital goods, machinery & transportation equipment parts
Thao Nguyen: eCommerce, internet content, marketing & advertising

Thematic (Sector/Industry)

<p>Briefly, back in 1990, 20,000 was a support, not a resistance level, but since the market slumped through that marker in the 1992 sell-off, it has become a battle to get it back up there, and when it has gone through 20,000, it has tended to soon fall back down. 1996 saw the longest sustained period above 20,000 (9 months) and in 2000, it was probably the shortest (21 days) – until Abe came along. The year 2000 was also the last time the market had broken 20,000 before Abe, but even Abe has…</p>

Briefly, back in 1990, 20,000 was a support, not a resistance level, but since the market slumped through that marker in the 1992 sell-off, it has become a battle to get it back up there, and when it has gone through 20,000, it has tended to soon fall back down. 1996 saw the longest sustained period above 20,000 (9 months) and in 2000, it was probably the shortest (21 days) – until Abe came along. The year 2000 was also the last time the market had broken 20,000 before Abe, but even Abe has…

Japan's Stock Market & The 20,000 Level