Is Japan's Correction Over?

Stocks have had quite the post-July 4 celebration as they continued to move higher again on Tuesday. The market internals were strong again with advances leading declines by a 3-1 ratio. The A/D lines on the S&P 500, Nasdaq 100, and Russell 2000 have made new highs, which is consistent with a new uptrend. Overall the Asian markets were positive overnight as the Shanghai Composite?s recouped its recent losses but Japan?s Nikkei 225 was down 0.40%. The sentiment on Japanese stocks has taken severa...