iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,417 Blog Posts

BONZAI: Japan Kicks Off the Week With a Shot to the Scrotum; NIKKEI Slides 600

Don’t worry, the NIKKIE was closed on Friday, so this is nothing more than catch up bear market. The NIKKEI is down 16% for the year, underperforming amidst a sea of negative interest rate policy stupidity.

Here are some of the worst performers on the NIKKEI.

Nikkei

It must suck to be a manufactuer of electric glass in Japan today (I kid).

U.S. futures are flat. We don’t give a shit.

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8 comments

  1. probucks

    I think investing.com is printing mis-quotes for the Japanese market.
    The Nikkei isn’t down… @ least not the futures as of close at 8PM last-friday.

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  2. probucks

    I guess.

    But they stopped trading Thursday night which is where the carnage is coming from.

    From Friday to today, the Nikkei (futures) are actually up almost 1%.

    All i’m saying is that the market isn’t melting down this Sunday night. Not yet @ least.

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  3. fastprophet4u

    The Fly decides to reveal a bit about himself:
    https://www.facebook.com/opposingviews/videos/10153748656691051/?fref=nf

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  4. btn

    Nice graphic.
    Nikkeir investors would LOVE to be down 600 points from Thursday….

    Down alomst 10% in 2 sessions? Yawn.

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