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2023-05-15 Wrinkle Brain Plays - In the style of someone who won a beauty contest years ago and still wears the banner everywhere they go
2023-05-10 Wrinkle Brain Plays - In the style of an Airline Pilot
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Right now rich guys are propping things up in the US. Buy foreign issues. When/if the country goes under your money isn’t worth anything anyway. I’ve got lots of canned goods & dried beans in my cupboard. Next purchase will be portable solar panels as without work I may not be able to keep my house. EUAD, EWJ are decent money makers for me. In 2025 overseas markets out performed the US.
Yep EWJ just fell off a cliff.
Short Japan before they hike rates next week. EWJ puts. Easy.
Short Japan stocks using EWJ is the play
EWJ after mkt is a gift tonight.
EWJ was an ez short. I need a blackboard dammit.
> You might notice that markets with growth are all US allies such as Japan, Korea and German (and gold and btc) while the hangseng and SSE are in line with SPY. https://stockcharts.com/freecharts/perf.php?SPY,MCHI,EWJ,EWG,EWY&p=4&O=011000
Uh huh... and that's why Spain over **60% YTD** (EWP) Greece over **62% YTD** (GREK) Korea over **80% YTD** (EWY) China over 40% YTD (MCHI) Japan over 23% YTD (EWJ) France over 27% YTD (EWQ) etc.. **VXUS is up over 28% YTD with dividends. VTI over 15% YTD in comparison.**
Just buy some managed funds with pure exposure to foreign markets: SPEU, EWJ, EEMA, XPP, etc.
>"For the past few years the Chinese economy has slowed, the European economy mediocre, the Japanese economy stagnant..." The economy and the market are completely different and these economies are a mixed bag with some seeing slower growth or remaining flat. As for their stock markets, they're completely trouncing the US market. FXI (Chinese Large Cap) is up 37% YTD and sure to keep screaming. EWJ (Nikkei Index) is up 22% YTD, VE (Euro Market) is up 24%, and Canada's XIU is up 21% I understand your thesis but there is a ton of capital flight from US markets at the moment.
If you buy in a taxable they will be labeled ADR’s and you claim foreign tax credit when doing your taxes, some give dividends some don’t. If you like certain companies go ahead and buy stock in it, like Mitsubishi heavy like you mentioned or Nintendo or Toyota or other various Japanese companies. I don’t hold any in taxable but hold EWJ, EWJV and DXJ in my IRA.
$EWJ, thank me in a year or two.
Honestly, Europe and Japan markets have been pretty great this year. Look at SPEU or EWJ vs the S&P500 YTD. Who knows where things will go from here but anyone who pivoted internationally back in Jan has done very well so far.
To keep as a watchlist: 🇯🇵: EWJ, TM, NSANY, HMC. 🇰🇷: EWY, CPNG, LPL, SKM.
VXUS, IXUS, EUAD, EWJ, etc.. you are correct. Now is the time to get against America.
I love these tard bulls all puffed up about SPY records. Murica! Stonks go up. Well, they don't really go up much, actually. 2025 YTD: SPY: 5.86% EZU (Euro stocks): 26.6% EUAD (Euro defense): 71.04% IEV (Euro Stocks): 21.95% EWJ (Japan Stonks): 11%
You have chatgpt yet? If not, get it. It's as easy as asking it "Japanese stock etfs". 1. iShares MSCI Japan ETF (EWJ) Issuer: BlackRock Benchmark: MSCI Japan Index Exposure: Large- and mid-cap Japanese companies Expense Ratio: 0.50% Liquidity: Very liquid and popular among U.S. investors 2. WisdomTree Japan Hedged Equity Fund (DXJ) Focus: Japanese equities while hedging against currency risk (JPY/USD) Good for: Investors concerned about the yen weakening against the dollar Expense Ratio: 0.48% 3. Franklin FTSE Japan ETF (FLJP) Low-Cost Option Expense Ratio: 0.09% Tracks: FTSE Japan Capped Index Appeals to: Cost-conscious investors 4. iShares JPX-Nikkei 400 ETF (JPXN) Benchmark: JPX-Nikkei 400 Index Focus: Quality Japanese companies based on return on equity, operating profit, etc. Expense Ratio: 0.48% 5. MAXIS Nikkei 225 ETF (Tokyo-listed, Ticker: 1346.T) For Japan-based investors Tracks: Nikkei 225 Index Currency: Yen-denominated, available on the Tokyo Stock Exchange
Yeah but everyone loses in a trade war… to what degree we will have to see. As the dollar loses trust, it has no heir apparent, any fiat currency to take its place has decades worth of trust to build with solid stable trade policy…in the meantime I thin gold is the place holder. That being said, INDA to hold low PE for the rupee sounds good, if Canada takes further steps to decouple from the US, maybe EWC is a good proxy for CAD, EWJ for the yen…for the euro EUAD would not just be euro but specifically aerospace which sounds better than a pure currency hedge.
Japan is in a real bad position. It has high inflation, creeping 30-year yield, demand from U.S. to pay it or be tariffed, and a powerful China that actually does more trading. It has higher chance to blow up than U.S. I can’t buy EWJ puts though, because carry trade is unwinding, driving up JPY. I did hear Chinese are now moving companies to Japan due to transshipment needs
Tech didn’t outperform the market until 2012-13 coming out of dot com and 2008. No one knows what will happen but I’ve been investing like it’s post dot com since Covid. I missed out on tech mag 7 gains but my Gold gains are nearly 50% so no biggie. I’m 70-80% cash, treasuries $TLT and gold with some boomer dividend stocks like AT&T and British Tobacco sprinkled in. I do think ETF way maybe way forward over individual stocks. Mexico and Japan especially interest me due to much lower market valuations. $EWJ and $EWM are only ETF I’ve found there.
EWJ still dumping. Carry gang getting liquified? 
Gold is def gonna put in a top for awhile imo. Prob will be a good long term investment but everyone loves it too much at this current moment and so it will cool off to bore everyone away. I love the look of EWJ. Japan has got the Berkshire backing and looks set to break out, the matter of when is the question. I mean, it kinda makes sense fundamentally if you’ve traveled there at all in the last 10 years. Place is so underpriced for what you get.
Or IDEV, SCHY, VEA, SCHF, etc...I think they wanted country-specific ETFs though like FCHL, INDA, EWJ, or EWU. i may be mistaken. VXUS is a good and very broad option if they want maximum exposure.
Doing great! Buffett just bought more japanese stocks and EWJ just broke out as are chinese and european stocks. I"m pretty much out of the Nasdaq and 95 percent of the S and P.
EWJ breaking out as are chinese ETFs broad range. :)
I guess there is no urgency on some of the trade ideas above. Nevertheless, I have been thinking about how US can reduce interest rates: it can really only come from three sources - lower inflation (not likely), economic recession (takes time to engineer) and creating panic to let people flying to quality. I began to think whether we will see tariff on Europe (overall tariff) and on Korea and Japan (steel and aluminum) this coming week, or dramatic actions on Canada border. I plan to do nothing about TSLA (as you said, 82% IV this week) and EWJ, and keep watching SPY. Maybe also EWC put after China posted retaliatory tariff.
Remember, it's okay to sit on the sidelines in times of high volatility and uncertainty. I feel most of these trades carry big risks. If you're comfortable with it, futures markets do offer some benefits compared to options right now. You can trade forex and equities without paying for IV, will just need to size positions well and manage risk. No day trading rules, and gives you flexibility to bet both ways. I've listed my thoughts regarding each play below. 1. I wouldn't be contrantrian on a recovery right now until vix drops. You get the 1-2% rise in SPY, volatility might still be quite high, which will make the puts quite expensive. You could look at positions in inverse ETFs to trade some chop, but IV crush will likely be a thing until the next major catalyst. 2. Personally, I wouldn't touch a TSLA put right now. Way too expensive in the current environment, and I'm still bearish on tsla overall. If it bounces before going lower, the bounce will be soon as we just hit pre-election levels. 3. I like NUE better than STLD at current prices. You could see if STLD comes down to $112 or so. That's where I'd start buying some calls. Granted, I haven't been watching these tickers lately, but I have in the past. 4. TLT straddles could be quite profitable. Keep fomc and summary of economic projections on mind when looking for your entry and expiry. Your proposed dates are the Friday after FOMC, which could be quite a large catalyst based on their growth projections. 5. EWJ... hmmm. You may know more about this one than me.. I think dollar weakness vs strength is more likely to move EWJ than further unwinding of the carry trade. Dollar is very weak now relative to recent times, if it recovers, EWJ could be hit pretty hard 6. I feel like China is a coin flip. If I were you, and had profits, I'd take some off the table. Buy the rumor, sell the news kind of mentality.
I diversify with vxus alongside regional etfs inside my Roth IRA. Mexico EWW, Canada EWC, Japan DXJ and EWJ, Finland EFNL, Poland EPOL, Argentina ARGT, India INDA and EPI. Been with these for three years now. India is down a bit past few months though but I’m holding until retirement. I’d check out some of the different regional ETFs, there’s several of different countries with different specifics.
I called for shifting investment from US equity to bond or China ETF and was labeled CCP propaganda. :D I think many of my posts were deleted. Also, I began to find EWJ attractive, if Japan began to rearm.
I understand the desire, but investing is to obtain the best long term return, not for spite. Can trump add another 25% tariff and ruin Canada economy? He can and he may. Consider China ETF or Japan ETF? I am annoyed to find out EWJ went up already today.
Well, we can’t but individual Japan stocks easily, so I plan to buy EWJ
Watch $EWJ crater when Japan comes back from holiday. I am buying puts.
EWJ is an American ETF listed on the NYSE. How do I invest in the TYE?
Why ? I mean you might be able to get a brokerage at some japan broker and convert USD to JPY and then buy an index fund, but its probably going to be complicated and I am not sure how many brokerages in Japan will allow foreigners to open an account. you might also get into some complicated taxing situation But it would be essentially the same as just buying something like EWJ what is a ETF that follows the Nikkei index and trades in USD
You are thinking about it in the wrong way. If you want exposure to Yen denominated companies in Japan, you would simply invest using an unhedged USD fund. For example - to get exposure to Yen and Japanese equities - you can use EWJ which is unhedged. If you wanted to hedge USD and reduce impact of YEN relative to USD - then you would use HEWJ which is the hedged version of the fund. You can then simply choose to reinvest dividends. If you want to hold the dividends as Yen - you can just reinvest into a Yen trust like FXY. Alternatively - if you want to actively trade the Japanese markets - you use a broker like Schwab or Ibkr that provides access to those markets and the subaccount would be denominated in Yen.
Jeez l see mine every Monday EWJ.
Got calls in DAL, EWJ, FXI, SPX, VFC First time ive been 100% long deltas in a while
If nikkei closes below 38900 im getting puts on EWJ
FXI and EWJ breakout early this week. Not sure if it will be up or down, but the breakout will come. Buy a strangle / long condor or wait for the break and pick a side
FXI puts, SPY calls, EWJ calls, IWM calls.
Where you going to on EWJ?
EWJ Please please do your research and don't go all in on this, I would hate to be giving bad advice. All my technicals and professional analysts seem to think it's severely undervalued as a whole.
You can: 1) Invest in country-specific ETFs in the US. For example, something like EWJ or EWY. 2) Invest in individual names in the US via ADRs (ends in Y) or foreign ordinaries (ends in F) but A) a lot of brokers do charge absurd fees for trading in foreign ordinaries and ADRs charge small fees and B) for a lot of foreign names on US exchanges (especially OTC) volume is limited and I wouldn't recommend trading in things that trade once in a great while. 3) You can invest directly in individual names on foreign markets (not all, but many) via brokers that support it like Fidelity.
I own iShares $EWJ for my Japan ETF. They have an India ETF $INDA.
The good news is EWJ is looking up and extremely bullish for the next year. There are not many that are invested in that. I'd hang on. Give it a year and see how it goes.
Can someone explain the high volatility in Japanese equities lately? Japanese equities seem to be on steroids lately. Let's recap the Nikkei 225 in 2024 so far. Started the year at 33,288. Rose to 40,888 by March 22. A pretty rapid 23% return in 3 months, even more so, if you go back to the October low. The market sags for a few months but reaches a new peak of 42,224 on July 11. Now the real fun begins. Over the next two weeks, ending July 26, the market loses 11% - dramatic, but not crazy. The S&P 500 lost 4% over a similar period. The Nikkei rallies for a week to 39,101 on July 31. Then between July 31 and August 5, it loses 19%. Most of the loss occurred on August 5, when it dropped over 12% to 31,458. Again, the S&P lost about 6% during this timeframe. Like the US market, the Nikkei rallied for most of August, reaching 38,686 by September 3. Then, today, September 4, it dropped 4%. This followed a similar drop of 2% for the S&P 500 on September 3. It feels like Japan is aping the US market, but with a lag and higher volatility. Why? Is there a money-making opportunity? Buy EWJ (Japan ETF) when the US market rallies and sell when the US market drops. It sounds silly, but maybe? Thoughts.
80% TSM 10% EWJ 10% VOO I am thinking about adding INDA
I also have a large cash and gold positions and I have been buying hedges. The Yen, the $XLE oil stocks $HAL and $OXY, and Brazilian miner $VALE. Commodities are interesting with a weaker DXY. The next position I'd like to open is $EWJ, a Japanese Nikkei 250 ETF. A weaker DXY is good for the world economy outside the good old USA which has outperformed the rest of the world dramatically since Covid. I've learned if something doesn't feel right, it usually isn't. I am not forcing the issue buying into most USA stocks at these prices.
I bought the dip but have been holding for a while at 68. The japanese stock market is wildly undervalued. As for all the picking thats great but honestly it's just so much easier to go all in on an etf and forget it for a while and watch the macro economics cycle. I always buy EWJ. Right now theres a plethora of stocks to choose from right here in America.
You timed that right. What fund did you end up buying? I have been looking at buying $EWJ. I did BTD on one of the Japanese banks $MUFJ, and I've owned $SONY for awhile, and I also bought a Yen fund $FXY at the bottom. Again dumb, blind luck. The Japanese economy interests me a lot as the sentiment is so negative right now.
Borrowing yen to buy puts on EWJ is about American as I can be
Please, let my EWJ puts print.
08/16 EWJ $61 puts were disgustingly cheap. I know Japan has a a sham market with the weighting but loading up on those seemed like a no brainer.
EWJ is a Ya Pon ETF... if you wanna play the bounce.
Not a bag but more of a mini purse with a small position in EWJ. Treating it like holding my wife's purse when she runs to the bathroom at the airport.
EWJ puts are free money. Japan doesn't even know what the word "recovery" means.
EWJ puts rest of the week will literally be free money. Japanese have zero faith in their stock market.
I should've bought more puts on Japan (EWJ)
Lmao right after I buy EWJ too.. Sorry guys 👋🏽
Anyone know wtf is going on with FLJP? Why are they down 5%, but it shows as down 0.7%? EWJ also only dropped 0.7%? Something's messed up
You can take a look at the returns of EWJ vs HEWJ, which is Japanese equities vs currency-hedged Japanese equities. Hedging got you roughly 4% more per year in returns with a declining Yen. Assuming you are US-based, and are worried about the decline of the yen killing your US-denominated returns, and have a reason to not sell and concentrate in one market or the other (taxes or what have you), I would long USDJPY an equal nominal amount to your Japanese equities. So if you have $100k in equities, long $100k nominal worth of futures If you wanted to speculate that Yen has bottomed you could also long JPYUSD (or short USDJPY, same thing). Japan is a weird country where the correlation between currency strength and economy strength does not necessarily hold, so I wouldn't necessarily use currency bets to hedge against downturns. I would use good ol fashioned options or futures on the Nikkei 225.
No - not necessarily. There are lots of low cost index funds that track other indices. There are indices for just about everything out there. That's what index providers create and manage as a business. For example - a popular small cap index fund is IWM which tracks the Russell 2000. Or MDY for Rusell midcap 400. Some of the oldest ETFs are based on MSCI world indices like EWJ, EWH, etc. As well as DIA which track the DJIA index. These index funds won't contain TSLA if that' some a requirement for you. If you are looking for a large cap US equity fund that doesn't include TSLA - you may have to look a bit more - but I'm sure that they are out there. Or you can construct your own.
Can't believe Japan raised rates. Fuck it I'm gonna buy some EWJ
Long EWJ & short XLK would be the pair trade. No, not with weeklies...
20% VOO 20% THNQ 20% SMH 20% SGOV 20% International (EWJ for me as Japan is safest option right now but that can change) Nature's only enemy is imbalance.
Indeed, which is why I bought HEWJ instead of just EWJ. A few other interesting factors: Inflation turned positive last year, which pointed to a reverse of 30 years trend of deflation. Cheap Yen attracted a massive wave of foreign tourists in the past two years, giving a lot of people a firsthand experience of an 'investable' country. China became uninvestable. With that a value and capital diffusion to countries around China in ease and southeast Asia, and Japan is best positioned to capture some of that.
Take a look at the Japanese stock market in USD: something like the ETF EWJ. Now take a look at GNP in USD, which is a better measure of the overall strength of Japanese companies than GDP. https://www.macrotrends.net/countries/JPN/japan/gnp-gross-national-product You'll see EWJ looks a lot like Japan's GNP. Not perfect, but ballpark.
Yet EWJ is near its 52wk high, guess the market doesn’t care.
I have this itch to sell the VT shares in my Roth IRA (approx 6% of the portfolio, and pretty redundant with the other 94%) and put that money into EWJ or DXJ. “Somebody stop me!”
>Bull runs last longer and are more impactful than bear runs in established markets. Please name one established market where that's true outside of the US. Here are some specific counterpoints: \- The UK stock market has been flat since 1999 (check EWU as a proxy) \- Same applies for Germany (EWG) since 1998 \- And for Japan (EWJ) since 1996 Most "developed" or "established" equity markets haven't really appreciated over the past couple decades. They "grow", a recession hits, takes years to recover, and the cycle repeats. DCA is still the way to go in such conditions, unless you believe you know when the bear markets will occur and/or end. Lump sum only outperforms if (1) you know that markets won't permanently rise above today's price, (2) you can wait until a crash, and (3) then you can time the crash and deploy capital. Major props to you if you've been able to do that consistently.
Shouldn’t have closed my EWJ short yesterday. Balls
SE Asia will probably do well over the next few years I think. I’ve got some VNM and EWJ (Korea) bought earlier this year
hmmmm ok well for one thing, if Japan starts raising, which they actually have (its confirmed as of today [https://www.cnbc.com/2023/07/28/bank-of-japan-boj-to-guide-yield-curve-control-with-greater-flexibility.html](https://www.cnbc.com/2023/07/28/bank-of-japan-boj-to-guide-yield-curve-control-with-greater-flexibility.html)) this will cause the YEN to get stronger vs the US Dollar. not saying it will overcome the US Dollar, just will get stronger than it has been in the past. so you could go long the JPY/USD forex pair also this is bad for US Bonds as money will leave the US Bond market and go to Japan's JGB market. so on the face of it, this would be bearish for US Bonds so you could go TMV etf, but i would advise against this as "somebody" is intervening in US Bonds and pushing yields down. (so if someone is pushing yields down, that is good for gold and what do you know? we see gold absolutely popping today over 2% in pre-market) you could short japanese stocks as hawkish BOJ policy will put a drag on japanese equities. so you could buy puts on EWJ etf (looks like we are at a double top in EWJ chrat right now)
I have EWJ in an IRA. I've owned it for years, I specifically bought it for the car companies.
I bought EWJ last summer and fall. Been a nice ride since then.
I've been in EWJ and EWJV for most of this year, and am thinking of adding more.
EWJ will drop below 55 before the end of 2023
EWJ follows the MSCI Japan Index and has 244 holdings. JPX might be better by not having the car companies but I would expect them to be almost identical.
I have a small position in EWJ. It's done well this year.
There is no reason you "should" invest in the EU or anything else. You should look around and use your judgement to evaluate what choices make sense now, in these times, for good reasons. I don't know the equivalent ETF names that you could choose, but some non-US investments are doing well this year, notably GREK (Greece) and EWZ (Brazil). EWJ (Japan) is showing promising life. FEZ (Euro 50) was good earlier this year but has mostly pooped out. GREK and EWZ have done twice as good than the S&P500 ytd; FZ slightly better and EWJ slightly worse. Use the S&P500 as your guide. If something has been doing worse and there is no compelling reason for it to improve soon, don't get it. If something has been doing better than the S&P500, and there is no compelling reason for it to stop doing so soon, then consider putting some money in those things. Unless you hate money, do not just put money in random "international" funds. Make any stock or fund you invest in earn your support by being a peer of our outperforming the S&P500.
EWJ will drop below $55 before the end of 2023
What you want to own is your own preference, but VOO certainly is a good choice, and ytd is outperforming the others you mention, except VUG. International is a mixed bag currently. Some country-specific ETF have been doing well like GREK, and EWJ (Japan) has life after a long slumber. FEZ and IMFL were okay earlier thus year but are flatlining now. Geerally I'd suggest you get VOO and then decide to add anything else because _you_ want to, no because anyone else says you should.
EWJ will drop below $55 before the end of 2023
I’d make my own mix of IVV, IJH, and IJR. I like to overweight mid and small caps. This is similar to ITOT but you control the mix and can adjust as you go. If you want you can add EWJ (Japan) and IEUR as you like. This way you can control the mix and adjust as you go. With $0 trading it’s actually quite easy.
EWJ puts will print hard one of these days. Look at Japan's chart lol
Really is amazing how Buffet does it... he was early on Japan... Look at their GDP increase! EWJ