Earlier this week, our beloved Dr. Michael Burry (the dude who predicted the housing disaster, the dude who predicted GME, the dude who predicts fucking all the things truthfully), tweeted about Japan lastly lifting their “iron coffin lid” as he referred to as it. Whereas this tweet is now deleted, as Burry ceaselessly wipes his Twitter, it led me down a gap which I imagine to have found a golden alternative. This “iron coffin lid” of Japan’s has been rumored to interrupt free for some time now, however hasn’t.

https://moneyweek.com/476357/the-charts-that-matter-can-japan-lift-the-iron-coffin-lid

https://www.economicperspectives.co.uk/japanese-equities-can-the-coffin-lid-be-lifted.html

But, Burry believes the time has lastly come. As such he’s heavenly invested in Japanese companies.

An excerpt from Burry’s tweet: “#ironcoffinlid opening? If that’s the case, the contents are the likes of that are by no means seen within the western world.”

This led me to search out, $EWJ. An ETF consisting of 85% OF JAPAN’S STOCKS. (That’s rather a lot!). No, you did not learn that improper. Not 85% of EWJ consists of Japanese inventory, EWJ consists of roughly 85% of the investible universe of securities traded in Japan.

Among the high firms that they maintain nearly all of their fairness in embody:

NINTENDO

SONY

TOYOTA

MITSUBISHI

TOKYO ELECTRON

SOFTBANK GROUP

I imply wow, what a stacked high contenders record.

Nintendo solely has optimistic yr after yr progress, and after the revolution of the Change, they’re again on their toes with eyes ahead.

Sony solely has optimistic yr after yr progress. Sony is an organization that pioneers know-how in all facets, video-games, TV, music, and many others.

Toyota solely has optimistic yr after yr progress. I anticipate this to skyrocket in addition to we transition to the age of EVs. Earlier this week Toyota introduced their electrical autos are coming THIS YEAR. Toyota additionally lately partnered with PANASONIC to fabricate their batteries for mentioned EVs.

Whereas Mitsubishi has had their ups and downs, we nonetheless see a internet optimistic yr after yr return. Mitsubishi is Japan’s LARGEST TRADING COMPANY. With HIGH POSITIVE OUTLOOK FOR THE FUTURE IN 2022+ AS THEY MOVE INTO EVs AS WELL.

Tokyo Electron solely has optimistic yr after yr progress. Going from a penny inventory to $100 in lower than 5 years, Tokyo Electron is wanting like a really severe worldwide firm transferring ahead. Based in 1963, Tokyo Electron has been a producer of semiconductors, know-how for the longer term that they’ve been pioneering for 50 YEARS NOW. You already know all of the folks spamming $ON on right here? That could be a semiconductor play as properly. That is only a safer gateway into that business.

SoftBank Group solely has optimistic yr after yr progress. Softbank is THE WORLD’S LARGEST TECHNOLOGY FOCUSED VENTURE CAPITAL FUND, WITH OVER 100 BILLION DOLLARS IN CAPITAL.

These 6 are merely a really small few of EWJ’s high holdings. As you’ll be able to see the highway forward is vibrant, virtually blinding. EWJ took a dip throughout COVID, however is now popping out of that gap stronger and quicker. If we check out EWJ’s chart we will see quite a lot of constant breakout patterns occurring lately, lining up with Burry’s thought.

Let’s check out the covid dip:

r/wallstreetbets - $EWJ - JOIN MICHAEL BURRY IN AN ETF WITH CONCRETE POSITIVE GROWTH

As we will see in early 2020 once we noticed covid occur, the 100-day common handed downward via the 20-day common, as we spiral down. Nonetheless, we then see one of many quickest recoveries ever through the pandemic as already in April the 20 day common passes via the 100 day and we start our flight to the moon.

I made a decision to snoop round WSB and see if anybody else was speaking about this. I stumbled upon u/ThePoorLad’s put up the place he additionally notes a breakout sample. His picture beneath:

r/wallstreetbets - $EWJ - JOIN MICHAEL BURRY IN AN ETF WITH CONCRETE POSITIVE GROWTH

But, let’s proceed snooping round EWJ’s graph and see if we discover something price being attentive to..

r/wallstreetbets - $EWJ - JOIN MICHAEL BURRY IN AN ETF WITH CONCRETE POSITIVE GROWTH

As you’ll be able to see, this week we now have a really prevailing and really bullish staircase sample, this following Burry’s tweet, appears to be the start of EWJ’s true soar to 100+.

The choices for EWJ have little to no quantity. They’re low-cost as fuck. It is a inventory nobody fucking is aware of about. It simply looks like a random Japan ETF, “who would wish to get in on that?” Nobody realizes what’s about to occur, (besides our boy Burry). It is a golden alternative to get in earlier than the gang.

Take a look at these 2023 LEAPS, 20 FUCKING 23, and look how low-cost they’re.

r/wallstreetbets - $EWJ - JOIN MICHAEL BURRY IN AN ETF WITH CONCRETE POSITIVE GROWTH

EWJ has gone up $30 alone previously half-year, and that’s with out this “iron coffin lid” rising. In my view, EWJ will EASILY hit 105 in 2021, not to mention 2022 or 2023. Check out the remainder of the decision sheet, your self, they’re low-cost as fuck.

Earlier this week Monetary Instances posted an article speaking about how Japanese shares are climbing to their highest ranges since 1991. The celebs are all aligning.

https://www.ft.com/content material/88682458-0f72-40d9-a339-3150596f761a

Place: 2023 100C @ 105

TLDR: Michael Burry believes Japan’s iron coffin lid will open to the likes of issues that the western world has by no means seen. $EWJ solely has optimistic progress potential and is about to interrupt out. Choices are additionally low-cost as fuck. Moon mission has already begun. 🚀

LIVE EDIT: As I write this, the costs for a few of these calls are sky rocketing, whereas nonetheless mantaining little to no quantity. I simply witnessed some 0.01 calls go up 2800% off EWJ going up 5 cents. Jesus christ.

Leave a Reply

Your email address will not be published. Required fields are marked *