Knocking The Nikkei: Japan Down 500 From Yesterday's Highs

Tyler Durden's picture

With the ongoing strength in JPY, Japanese stocks (the highest beta to the previous collapse in the Yen) are crumbling. The Nikkei 225 is now down over 500 points from yesterday's highs and at its "cheapest" to the Dow this week... Still think it's all about China?

 

 

Fun-durr-mentals...

 

Charts: Bloomberg

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VD's picture

until S&P at 800 we still jacked and not recoupled with REALITY

Winston Churchill's picture

@ S+ P =200 I might consider buying.

Vampyroteuthis infernalis's picture

until S&P at 800 we still jacked and not recoupled with REALITY

When was the last time markets resembled reality?

Looney's picture

VD, I hate to be a bearer of Good Noose, but “Ass’n’Pee Fi-fundred” will be way lower than 800, when all’s said and done.  ;-)

Looney

gjp's picture

Meanwhile the controlled sell-off in US equities is just that, completely controlled, and ready for the late day ramp.  All while they go mad for bonds.  Whatever, don't think anyone's jumping from windows on Wall Street just yet

DrunkenMonkey's picture

Portfolio re-balancing after a very profitable year in stawks.

Mi Naem's picture

"Japan Down 500 From Yesterday's Highs"

Tomollow's Highs - whenever I get up, man, hahahahahahahah.

 

It's a big club, and you ain't in it. 

Yen Cross's picture

   The DOW is close to it's 50 day avg. also. On my CFD chart it shows 16,012 area. It's probably a little higher on the spot chart.

q99x2's picture

Strange coincidence that as JP Morgue runs out of US Gold Reserves to sell the markets take a dump.

q99x2's picture

Strange coincidence that as JP Morgue runs out of US Gold Reserves to sell the markets take a dump.

I got the infamous ZH fat finger double click post back.

Reason enough to hope for the return of the snorg tee camel toe ad.

starman's picture

exactly all you beleivers just buy the dip its going to be different this time ! I promise, dow to 4000000 S&P billion one hundred kazzilion! 

youll be all rich and you deserve it cause you earned it!

Hindenburg...Oh Man's picture

Dude, what is/was with the 2 pm stick save on the NASDAQ? Usually we wait until the last hour or 1/2 hour.

shawnmike's picture

Meanwhile the controlled sell-off in US equities is just that, completely controlled, and ready for the late day ramp. All while they go mad for bonds. Whatever, don't think anyone's jumping from windows on Wall Street just yet

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