Ahead of the Fed meeting, you can't expand your positions aggressively.

The market is losing reasons to buy the dollar. The end of an interest-rate-driven market may be drawing near.

There's a sense of uncertainty in the market about the outlook of both the U.S. economy and interest rates.

The focus is on the jobs data. The market is having second thoughts about its previous consensus that the tightening campaign is soon to end.

Sentiment has not weakened significantly, and there's plenty of demand out there for stocks like Teijin.

The current trend is to lock in profits from technology issues and shift money to defensives.