Who is kenmo and why do Japanese retail investors follow him?

kenmo is a well‑known Japanese individual investor who built wealth using a rules‑based style focused on earnings momentum. He shares practical methods and risk control that many retail investors can copy. His views often influence local sentiment, especially around tech and index positioning.

What is earnings momentum and how is it used?

Earnings momentum means buying companies after strong reports and guidance, while revisions and price remain supportive. The idea is to ride confirmed strength, not predictions. Traders then reduce or exit when revisions slow, margins compress, or price breaks key moving averages on rising volume.

How can Japanese retail investors manage AI bubble risk with ^NDX exposure?

Use a core index position with clear add‑on and trim rules. Consider waiting for pullbacks toward moving averages. Size positions modestly, keep a cash buffer, and decide on yen hedging based on horizon. If revisions weaken in semiconductors, rotate some exposure to defensive or quality growth names.

Which technical levels matter on the Nasdaq now?

Key references are the 50‑day average near 25,274, the middle Bollinger band around 25,437, and the upper band near 26,006. RSI near 40 after a pullback often marks better entries. A close below the 50‑day suggests a deeper consolidation, while sustained closes above the upper band favor momentum.

Should I hedge USD risk when buying U.S. tech or index funds?

Hedging reduces currency swings in yen terms but has costs. Unhedged positions can help when the yen weakens, yet they add risk if the yen strengthens during an equity drawdown. Match hedging to your time horizon, volatility tolerance, and whether your liabilities are in JPY.

Global Market Insights

Nasdaq (^NDX) Today, December 29: JP ‘kenmo’ Flags AI Bubble Risk

ByHuzaifa Zahoor December 29, 2025December 29, 2025

Japan’s star retail investor kenmo is back in focus today as the Nasdaq ^NDX hovers near recent highs and AI leaders cool. His warning on AI bubble risk and emphasis on earnings momentum matter for Japanese retail investors who chased semiconductors in 2024. With sentiment stretched and data‑center capex heavy, we review index signals, potential rotation, and portfolio steps for year‑end positioning. We keep this simple, data‑driven, and useful for day‑to‑day decisions in Japan.