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Can Industry Conferences Be Used As Market Indicators?

Market Depth

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The Nikkei Closed Another Day Higher Today

The Nikkei closed another day higher today, but didn't spend the entire day in the green. I talked about Softbank potentially being treated as an AI play, but we'll have to see after the dust clears from yesterday's 8% rally on short covering. But aside from that, and the AI heavyweights, the broader rally in Japan stocks may be reaching near term sort of exhaustion, if you will.

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