This page has been archived and commenting is disabled.
"It's Different This Time" Japanese Stock Market Swing Is Fastest Ever
In the space of the last 3 weeks, Japanese stocks have swung from the most overbought in 18 months to the most oversold in 3 years to the most overbought in 18 months again. This is the fastest and most violent swing in TOPIX on record as ever-more-desperate hot money chases central bank actions around the world. As Bloomberg reports, “Japan is a very unnerving market because it behaves like an uneducated brat,” said Mikio Kumada, Hong Kong-based global strategist at LGT Capital Partners, which manages about $50 billion. Following the double-whammy of GPIF allocations and BoJ expansion, he warns "you don’t know what it’s going to do in the next moment and in many ways it’s unpredictable."
The fastest swing on record in Japanese stocks...
Beware though:
“The main trades are coming from the short-term investors,” said Nomura Holdings Inc. senior strategist Hisao Matsuura.
“Volume is high because the short-term investors are trading on momentum.”
* * *
»
- 7327 reads
- Printer-friendly version
- Send to friend
- advertisements -
print it and they will come!
Shit is hitting the fan on November 18, 2014. It is already well ordained. Here is a 11-day advance heads up. Oh, and November 18 is "occult day".
Can you say "Manic Depressive" in Japanese?
The funny thing is while everyone is wetting themselves ovrr the booming japanese stocks the japan etf are flat
Print faster and more until she blows.
my roomate's step-mother makes $75 hourly on the internet . She has been without a job for 5 months but last month her paycheck was $20377 just working on the internet for a few hours. Get More Info... www.Yelptrade.com
investors dont trade on momentum. traders do. so basically their entire market is made up of people who dont give a shit if it goes up or down. not a good place to put your life savings ms watanabe
In physical terms a market is like a bucket. Fresh supply of blood and sweat is added in little increments, and a bunch of vultures are standing ready to collect spillovers when the bucket is shaken.
Nikkei's a day-trader's paradise. In "bucket" terms, it's an equivalent of Michael J Fox having a coffee. If one's knows how to augment currency risks out of the equation. There's enough currency crunch going on that disasters (that are frequent) typically cause short term spikes and good exit positions...
... all is good until the bucket falls flat on its side. Then all bets are off.
In my experience, volitility preceeds a crash.
funny, in my experience ... a few shots of tequila precedes a crash ...
phase transition
precede, not preceed.
DavidC
double post (sorry)
Pension funds are 'invested' in THAT? I would be seriously worried if mine was!
Volume is high because BOJ is buying. Nomura still trying to make us believe in the retail story.
I think the BoJ is the day trader. If that hypeeinfaltes destroying the quadrillions of debt associated with that currency that will blow a hole in demand.
A HUGE hole I might add.
and when it goes down AGAIN ... will Kuroda be able to muster a 5 -4 vote AGAIN?
Stock markets have become video games
The drowning person bobs and ebbs - fluctuates - as they try to stay afloat way before sinking. They thrash more and more wildly as they realise their inevitable fate.
Ultimately they are doomed.
Japan is a zombie financial system now.
Like a car moving with parts falling off. The BOJ say push the accelerator down and go faster until either the wheels fall off or it goes off the cliff.