Is EZJ a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

83 people get EZJ articles and Market Currents by email alert.

Get email alerts on EZJ »

FOCUS | PRO | RELATED | TRANSCRIPTS | NEWS & PR

There are no Focus articles on EZJ.

To learn more about Seeking Alpha Pro, click here.

If The Japanese Market Is Open, They're Selling
Bespoke Investment Group • Sun, Jun 16 • 1 Comment
Japan: No News Is Bad News
Scott Sumner • Fri, Jun 14 • 15 Comments
The Japanese Financial System Is Beginning To Spin Wildly Out Of Control
Michael T. Snyder • Tue, May 28 • 7 Comments
Japan's Decline Is Elementary
Cullen Roche • Thu, May 23 • 13 Comments
Nikkei - Foreshadowing A Move In U.S. Markets?
Matthew Bradbard • Thu, May 23 • 3 Comments
Why The Fed May Increase QE Asset Purchases Before Pursuing Exit Strategies
Bishop Research and Analytics • Fri, May 17 • 26 Comments
BOJ Asset Purchases: Is Japan Sowing Seeds Of Next Asset Bubble
CFA Institute Contributors • Tue, May 14 • 2 Comments
Japan's Market Drama Continues To Amaze
Doug Short • Mon, May 13 • 3 Comments
Land Of The Rising Stock Market
Bespoke Investment Group • Tue, May 7
Bank of Japan - Phony 'Divisions'
Pater Tenebrarum • Mon, Apr 29 • 1 Comment
Panic In Japan, And Why Businesses Hate Government Too
Lou Basenese • Fri, Apr 12 • 6 Comments
Market Analysis: The Yen
Hale Stewart • Tue, Apr 9
Japan's Post-Bubble Market Rallies And Bond Yields
Doug Short • Fri, Apr 5 • 2 Comments
On The BoJ's Latest Move: Nothing To See Here Folks, Move Right Along
Scott Sumner • Thu, Apr 4 • 5 Comments
Slicing Up The Global Equity Market Pie
James Picerno • Mon, Feb 4 • 1 Comment
The Case For Japan - With A Caveat
Russ Koesterich • Thu, Jan 24 • 8 Comments
Yen Weakness And Shifting Capital Flows
Marc Chandler • Thu, Nov 29, 2012
Japan Is Turning Into The United States
Paulo Santos • Sun, Nov 25, 2012 • 60 Comments
Dramatic Change In The Japanese Yen
George Liu • Fri, Nov 23, 2012 • 8 Comments
Lessons From Japan?
Tim Duy • Mon, Mar 26, 2012 • 4 Comments

There are no Transcripts on EZJ.

Europe Markets: Europe stocks slip ahead of Fed meeting

at MarketWatch.com (Tue, 12:21PM)
London Markets: Whitbread, HSBC lift FTSE to fourth day of gains

at MarketWatch.com (Tue, 12:18PM)
London Markets: FTSE 100 jumps to highest close since 2000

at MarketWatch.com (May 20, 2013)
Europe Markets: Europe stocks extend rally, track U.S. higher

at MarketWatch.com (May 20, 2013)
London Markets: FTSE 100 gains for 10th straight day

at MarketWatch.com (May 15, 2013)
London Markets: HSBC helps lift banks in upbeat London market

at MarketWatch.com (May 7, 2013)
London Markets: FTSE 100 up for third day after China import data

at MarketWatch.com (Apr 10, 2013)
Europe Markets: Strong China import demand boosts Europe stocks

at MarketWatch.com (Apr 10, 2013)
London Markets: Next, airlines drop in weak U.K. market

at MarketWatch.com (Apr 5, 2013)
Europe Markets: U.S. jobs data send Europe stocks to one-month low

at MarketWatch.com (Apr 5, 2013)
London Markets: Bank rally boosts FTSE 100 to 2013 high

at MarketWatch.com (Jan 28, 2013)
Europe Markets: Narrow moves mark Europe stocks after U.S. data

at MarketWatch.com (Jan 28, 2013)
Europe Markets: German optimism boosts Europe stocks

at MarketWatch.com (Jan 25, 2013)
London Markets: FTSE 100 posts 2.1% weekly gain, Shell rises

at MarketWatch.com (Jan 25, 2013)
London Markets: Miners rise in London after upbeat China data

at MarketWatch.com (Jan 24, 2013)
Europe Markets: Europe stocks buoyed on U.S. data, Mideast hopes

at MarketWatch.com (Nov 20, 2012)
London Markets: Banks push U.K. stocks higher; Tesco weighs

at MarketWatch.com (Oct 3, 2012)
Europe Markets: European stocks rise after Ifo; Spain stumbles

at MarketWatch.com (Mar 26, 2012)
London Markets: Energy stocks send FTSE 100 higher; BG, Tullow up

at MarketWatch.com (Mar 26, 2012)
Europe Markets: Europe stocks rally as central banks take action

at MarketWatch.com (Oct 6, 2011)

EZJ vs. ETF Alternatives

EZJ Description

ProShares Ultra MSCI Japan seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the MSCI Japan Index.
See more details on sponsor's website

Country: Japan

Key Info

In Your Portfolio: A Guide to International Equity ETFs
Asset Class Performance: Countries

All
| Earnings
| Dividends
| M&A
| On the move

Tuesday, June 18, 12:20 PM The speculative phase of the rally in Japanese stocks is over, says Deutsche, setting up the next leg which will require the participation of domestic investors. Yes, underweight global equity funds may help, but they've already boosted stakes and have just $2T in assets compared to $9T of Japanese household cash. DXJ +3.1%, EWJ +2.3%. 1 Comment [Global & FX]
Saturday, June 15, 10:48 AM Some color and context from Nomura's highly publicized Nikkei 18K call: The bank's strategists "do not brush off recent stock market turmoil lightly" and note that a close below Nikkei 12,362 may be particularly significant. The bank's forecast is based on the idea that earnings are recovering and global P/Es are expanding. Japanese stocks (EWJ, DXJ) are "once again trading at lower P/E ratios than U.S. stocks," the bank notes, adding that "if the average P/E ratio of U.S. stocks rises to 16x around H2 … Japanese stocks' P/E ratio could rise to 17x." 2 Comments [Global & FX]
Thursday, June 13, 3:21 PM Abenomics and the direction of the yen get a lot of attention, says fund manager Rajiv Jain, but don't forget how dependent businesses are on China. He's having a hard time finding Japanese firms with sustainable growth. "These are some phenomenal companies there, but (we've found) better opportunities elsewhere." Artisian's Mark Yockey goes further: "Desperate people do desperate things, and Japan is in a desperate situation." 1 Comment [Global & FX]
Thursday, June 13, 11:07 AM Thumbing its nose at the recent collapse in the Nikkei, Nomura boosts its year-end target for the index to 18K from 16K. "The full impact of Abenomics on capex and household incomes has yet to be felt." Among the individual stocks set to benefit are Toyota (TM) and Honda (HMC). 2 Comments [Global & FX]
Thursday, June 13, 2:45 AM The Nikkei (NKY) takes yet another thrashing as uncertainty about the Fed's QE program continues to grip markets, plunging 6.4% to 12,445.38. That's the index's lowest level since April 3, the day before the Bank of Japan unveiled its turbo-charged stimulus plans. The Nikkei has plummeted almost 22% after hitting a multi-year high on May 23, officially putting it in a bear market. Comment! [Global & FX, Top Stories, On the Move]
Wednesday, June 12, 10:20 PM Stocks plunge in Tokyo as the Nikkei (EWJ, DXJ) tumbles 5.6% touching a two-month low of 12,543. The USD/JPY slides 1.4% at last check to ¥94.69 (FXY). 11 Comments [Global & FX, On the Move]
Wednesday, June 12, 4:14 AM Japanese shares (EWJ) have had another volatile day, falling as much as 2.4% before rebounding to close a mere -0.2%. European stocks (FEZ) have recovered a bit of poise after two days of declines, as has the dollar-yen rate (FXY), which is +0.75%. But the continuing theme of uncertainty about central bank stimulus is keeping markets on edge. Hong Kong and China closed. India -0.2%. EU Stoxx 50 +0.2%, London flat, Paris +0.2%, Frankfurt +0.1%, Madrid +0.65%, Milan +0.1%. 1 Comment [Top Stories, On the Move, Global & FX]
Tuesday, June 11, 2:55 PM The yen (FXY +2.9%) spikes higher, bringing dollar/yen back below ¥96 amid rumors of busted carry trades and hedge fund liquidations. Should today's move be sustained, it would be the largest single-day drop for the pair since the 2010 flash crash. BofA's MacNeil Curry suggests the next stop in ¥91. Japan stock ETFs take it hard: The iShares Japan Fund (EWJ -2%), WisdomTree's Hedged Equity Fund (DXJ -4.9%). 1 Comment [Global & FX]
Tuesday, June 11, 3:44 AM The Nikkei (EWJ) falls 1.4% and the USD-JPY (FXY) is -0.6% after the BOJ announced no new steps to curb the volatility in the bond market. Yields on Japanese 10-year bonds are up 3 bps to 0.88%. Real estate stocks were also hit by the BOJ not adding to its purchases of REITs. Hong Kong shares dropped 1.3% ahead of a holiday tomorrow and the re-opening of mainland Chinese exchanges on Thursday. India is -1.4%. Comment! [Global & FX, Top Stories, On the Move]
Monday, June 10, 3:56 AM The Nikkei (NKY) continued with its wild ways today, surging 4.9% after Japanese Q1 GDP growth was revised upwards, and U.S. jobs data came in just right (not too good, not too bad) and helped boost the dollar vs the yen. Hong Kong +0.2%, China closed, India +0.1%. USD-JPY (FXY) +0.9%. 2 Comments [Global & FX, Top Stories, On the Move]
Sunday, June 9, 9:58 PM Japan revises Q1 GDP up to 4.1% (annualized) from an initial reading of 3.5% sending the Nikkei (EWJ, DXJ) up 3% in early trading. Also helping Japanese stocks is the weak yen (FXY), down 0.4% against the dollar to ¥97.95. Meanwhile, the BOJ begins a two-day policy meeting. Goldman's advice: Initiate "long positions in Nikkei September futures with a target of 14,500 and a stop on a close below 12,700." For what it's worth. 6 Comments [Global & FX]
Friday, June 7, 7:14 AM Long Nikkei, short yen continues to unwind with investors in 2013's most popular trade all hitting the exit at the same time. The yen's up another 1.6%, with dollar/yen at ¥95.47 and erasing more than 2 months worth of gains in the last few sessions. FXY +1.3% premarket. The Nikkei tumbled another 1.8% overnight and has also erased 2 months worth of gains. DXJ -2.3% premarket. Earlier: Japan's government pension fund confirms it's cutting JGB exposure and increasing equity holdings. 1 Comment [Global & FX]
Thursday, June 6, 1:11 PM When crowded trades go bad: Investors don't wait until Tokyo to sell Japan - Nikkei futures tumble 3.5% as the yen flies higher, now at ¥96.76 and in two weeks erasing two months worth of gains in dollar/yen. The Nikkei has returned to its early April level as well. The unhedged EWJ falls 0.9%, while this year's hottest ETF, the hedged Japan fund (DXJ), slides 3%, now up only 16.5% YTD. 5 Comments [Global & FX]
Wednesday, June 5, 3:40 AM The Nikkei (EWJ) drops sharply once again and takes other Asian bourses with it, with the fall this time because of disappointment with Shinzo Abe's "third arrow" of economic reform. The measures "aren't enough for Japan to achieve sustained economic growth and overcome deflation," says economist Hisashi Yamada, especially as the labor-market reforms don't go far enough. There's also disappointment that Abe isn't proposing to cut corporate taxes, which are amongst the highest in the OECD. Japan -3.8%, Hong Kong -1.1%, China -0.1%, India flat. 1 Comment [Global & FX, On the Move, Top Stories]
Tuesday, June 4, 4:36 PM "This is not a good time to be exiting the Nikkei (EWJ, DXJ)," says Jeff Gundlach in a presentation (webcast) titled "What in the world is going on?" Markets don't rally like that to be immediately followed by a "monster collapse," he adds. He'd prefer to buy below 13K (closed last night at 13.5K), but the his bull thesis remains intact and he wouldn't be a seller here. Comment! [Global & FX]
Tuesday, June 4, 12:31 PM "Current conditions represent a buying opportunity for bonds (TLT, LQD) says Jeff Gundlach, appearing on CNBC. Higher interest rates will prove too damaging to certain sectors and he expects the 10-year Treasury - currently at 2.13% - to head back below 2% into the summer and fall. Nikkei (EWJ, DXJ)? In the mid-12s, it's a buying opportunity. Apple (AAPL)? He was a buyer in the low $400s and $500 is a chip shot, but it may never see $700. Chipotle (CMG)? He never got filled on his short at $380, but would give it a shot again. 9 Comments

Thomas Pan
Nissan said it will restart its entire manufacturing process in Japan this week. NSANY.OB EWJ EWV EZJ SCJ
3/22/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Thomas Pan
Hard to believe a level 5 nuclear crisis in Japan can be cured by fire fighters EWJ EWV EZJ SCJ JSC DFJ
3/21/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Prieur du Plessis
Japan could be a good performer in 2011. Great chart action and golden crossover looks likely: http://on-msn.com/fZmRHR EWJ EZJ
12/29/10
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Lisa
Relative to other markets, Japan is looking strong. Watching EWJ ITF PJO DXJ and JSC. Leverage with EZJ.
3/26/10
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

EZJ ProShares Ultra MSCI Japan ETF

EZJ

ProShares Ultra MSCI Japan ETF