Japan Stocks, US Futures Surge On Japan Market Open

Tyler Durden's picture

Update: rumor of Price Keeping Operation in Japan. If correct, this means that the BOJ's $70 billion per month injection is no longer sufficient, that the BOJ's credibility is being actively questioned - by far the biggest stigma for any central bank anywhere - and pass-through financial entities have to artificially prop up the market by buying ETFs in order to preserve the galloping rate of increase or else face a collapse such as that seen in the past several days.

* * *

The "catalysts" in the new normal have become so hilarious that losing money in the centrally-planned market can be simply viewed as the price of admission to witness the most entertaining circus spectacle in capital "markets" history. Behold: the 8pm open of Japanese trading.

Apparently, somehow, the fact that a market has reopened is not only news, but is massively sell the Yen news, at least by Mrs. Watanabe, and since every US algo is correlated to the USDJPY, this means a surge in the E-mini. But perhaps what those sneaky algos are discounting is that tomorrow is a Tuesday. And as every dart chasing monkey with an E-trade terminal knows: nobody ever loses money on Tuesdays betting on the Stalingrad & Propaganda 500 index any more.

USDJPY: note the momentum ignition at 8 pm, driven by the "news" that Japan is now, once more, and "shockingly", open.

And where the USDJPY goes, the ES is right behind.

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lolmao500's picture

Red by day's end?

lolmao500's picture

Better dead than red. Problem is, we have become the reds.

CClarity's picture

But is it still a "Tuesday" when it follows a Monday market holiday?  

We could have all that "correlation" vanish. Cuz it ain't really causation.  Algo humping, like that little poodle.

prains's picture

Ken  Lay was CEO of a criminal enterprise called ENRON and their crimes were aided and abetted by Anderson Accounting

malikai's picture

Just another setup closing, that's all.

The next leg down for the yen is probably on it's way now.


jeff montanye's picture

better known as arthur andersen, last major corporation convicted of a felony by the u.s. government?  google wasn't much help.

Cast Iron Skillet's picture

well, if better dead than red, and you're red, then ...

mrdenis's picture

*Did you order the Code Red?*

 *You're Goddamn right I did!*.......

TraderTimm's picture

THIS is what I mean when I talk of Tyler's pattern of jumping on any/all declines as "THE ONE". I'd love him to be right, but the goddamned thing just pops right back like nothing happened.

taraxias's picture

Yeah, but remember , ZH is not an investment advice financial site.


Whatever happened to this once great site?

forwardho's picture

And so it seems... the biter is bitten.

Great recall by the way +100

BigInJapan's picture



The liberals have taken root.

JeffB's picture

FWIW I didn't get any "This is THE ONE" message out of this article.

Just pointing out yet another example of the absurdity of "the markets".


taraxias's picture

You are right, not this article, just the 1,000 articles that preceded it following every time we see a 0.1 % down move in the markets.

The Tylers should stick to coomenting on the big picture because constantly trying to predict the "big down move" has caused people on here to lose money.............and I don't give a fuck that they claim they don't provide investment advice nor that the faithful on here claim they don't trade what they read on ZH.

I am a faithful by the way, just not when it comes to trading. I've learned my lesson the hard way.

Likstane's picture

Tyler "caused" someone to lose money?  That guy is one powerful mother.

lakecity55's picture

"markets" or "marxists?"

Gringo Viejo's picture

Even as free market advocates become increasingly disheartened by the size, scope and more frequent interventions by governments, it's apparant that they are weakening and gradually losing control of events.

Gidas19's picture

Red, green who gives a fck,... all i want to see is that damn deer in the dark with the eyes gloving... swan time bitchezzz...

buzzsaw99's picture

You see the signs, but you can't read

You're runnin' at a different speed

You heart beats, in double time

Another e-mini and you'll be fine,

A one track mind

You can't be saved

Oblivion is all you crave

If there's some left for you

You don't mind if you do

Ohh oohh

You like to think that you're immune to the stuff

It's closer to the truth to say you can't get enough

You know you're gonna have to face it

You're addicted to debt


h0oS's picture

Meh, its Tuesday no surprises, move along.

max2205's picture

Turnaround Tuesday.

CDNX fan's picture

The second Tyler turns bullish, the move will be over.

stocktivity's picture

Until Benny stops printing, It's all Bullshit!  The Tylers missed one of the biggest bull markets in history.

buzzsaw99's picture

So lock up your daughter
Lock up your wife
Lock up your back door
And run for your life
The Bernak is back in town
So don't you mess me around...

noless's picture

Excuse me sir; but like you, I'm trying to find my way out, could you kindly point me towards the nearest exit? Oh, there's just that one over there? And the door swings inwards you say? well what a bother. It's getting a bit smoky don't you think? More than just those candles can account for..

surf0766's picture

A bull market usually isn't defined by a central banking printing several trillion dollars to prop up shitty economies.

Many assholes said the same thing in Feb 2000 only to watch the Microsoft antitrust lawsuit be announce and less than 7 days later the bottom fell out.




JeffB's picture

Didn't ride the housing bubble all the way to the top either. How dumb was that.


Divine Wind's picture



"the fact that a market has reopened is not only news"


LOL. Too funny.

thismarketisrigged's picture

the futures are up because tomorrow is tuesday.


they need to spike futures so high, so in case of some horrible news, even a drop would still mean the market stays green, be it minimal even.


i still think japan finishes red tonight, but should not effect the u.s ponzi scheme.


i said it last week, since we are 19 for 19 on tuesdays, its gotten to the point where they are going to try to keep the market green every single tuesday now on so they can say they were perfect on the year.



noless's picture

Look, it's a marks game, they drop in variables so you think you can beat the odds, once there are enough suckers they pull the rug, who knows, maybe tomorrow they keep it going, maybe not, but all streaks come to an end, better to at least collect some winnings instead of double down on a trend, but whatever, as always Ill be wrong, margin to the hilt and double(or moar!) your money, I'm sure the stragedy will never fail.  

if you've been playing the odds and are on top, with some to lose, then drop it on the table, but don't bet your kids future on it. Cause then you'r just desperate, and daddy needs a new pair of shoes.

BigInJapan's picture


The "media"'s tone over here is seldom contradicted, and they sound overly cautious today.

My money is on a close in the red - though a last minute ramp to save face wouldn't surprise.

Stuart's picture

Behold the power of central bank buying and all that printed money.  

sleepyguy007's picture

the chart for gold since 8pm is basically the opposite.  i love HFT bots

eigenvalue's picture

And despite today's deadcat rebound, gold and silver have resumed their way to ZERO!

Bay of Pigs's picture

You need to think a lot more and talk far less...

noless's picture

his trolling is subpar. that is certain.


i sense that s/he got caught up in a mini mania and got burned, where his understanding was altered by visceral hatred from his previous standing of implicit trust in his own mental prowess and ability to discern reality(place adequate trust).


could be wrong, but don't let your emotions(sense of self, right and righteousness) get the better of you, that's all im seeing. because of the hard reversal in opinion.

but yeah, half assed troll falls off bench...

Rimon's picture

There doesn't have to be a catalyst for a market to move.. Just the ebbs and flows of supply/demand.. just like there wasn't a catalyst for nikkei futures to get creamed in the European session today.. Lack of selling pressure alone is enough to lift the market

disabledvet's picture

more like "whispering death." no selling pressure is code for "Central Bank doing the buying for me." works until it doesn't...and when it doesn't "your credibility as a Central Bank is then shattered." we know for a fact that the Japanese Central Bank has been buying Japanese equities for some time now. this isn't about the Nikkei anymore...but JGB's and the Yen. move along....

PoliticalRefugeefromCalif.'s picture

Looks like it's cooling off a bit in the first hour, PM's take the usual kick in the nuts.

WTFUD's picture

little knowledge of markets, just enough to stay clear! can anyone tell me why on say asx we can have .25% increase on 60 million trades and say .75% increase in nikkei on 60 thousand traded shares? sorry if dumb question.

Rimon's picture

That's because opening offers don't have to be anywhere near the closing levels of the previous session

PoliticalRefugeefromCalif.'s picture

now below closing.. "clear!"..