The NIKKEI was having a grande old time with their markets, up until the farmers in China liquidated their margin accounts and pressured Chinese stocks lower.
The NIKKEI is higher by 1.6%, while the Shanghai is off by almost 3%. The even greater degenerate Chinese index, the Shenzen, is getting sockdolaged
to the tune of -4.2%.
The NIKKEI is 200 points off its high for the session.
Dow futures are down 127 and oil is lower by 2.7% to $30.61.
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Thanks Fly, I learn something new everyday in these halls, today is the word ‘Sockdolager’. Used often in the 1940’s. https://www.google.com/search?num=100&rls=com.microsoft%3Aen-US%3AIE-ContextMenu&biw=1424&bih=723&q=Sockdolager&oq=Sockdolager&gs_l=serp.12..35i39j0i20j0l7j0i30.5255.6310.0.9294.2.2.0.0.0.0.117.211.1j1.2.0….0…1c.1.64.serp..0.1.93.93Sl68Ex7sk