Noticed the Nikkei bounced back pretty hard after that brutal four-day slide. We're talking 577 points up, nearly 1% gain to close around 57,143. The index had been crushed by over 1,050 points before that, so this recovery is a decent relief for anyone holding Japan exposure through ETFs or direct stocks.

What caught my eye is the sector rotation - financials and tech led the charge. Sumitomo Mitsui Financial popped 2.83%, Mitsubishi Electric spiked 2.89%, and Panasonic Holdings surged over 5%. Even the automakers mostly held ground. The real story though is that Wall Street opened strong and Japan followed the lead. Dow up 0.26%, NASDAQ jumped 0.78%, S&P 500 added 0.56% - that kind of momentum always helps the Asia session next day.

Oil also shot up 4.4% after Iran talks stalled, which typically supports energy plays. If this positive sentiment sticks, Japan ETF investors might see another push higher. The data coming in later today could be a wildcard though - machinery orders are on the calendar. Keep an eye on whether this bounce holds or if we get another pullback.