Posted on 06/13/2013 2:41:36 PM PDT by blam
The Nikkei Is Set To Surge When It Opens
Matthew Boesler
Jun. 13, 2013, 4:16 PM
Thursday, the Japanese Nikkei 225 stock index crashed 6.4% (down a whopping 844 points to 12,445).
Nikkei futures have been rallying all day long, though – as U.S. stocks have advanced – and are currently trading at 13,080, up 635 points already from Thursday's close.
That implies a 5.1% surge when the Nikkei re-opens Friday in Japan.
Why is the Japanese stock market so volatile?
WSJ chalks it up to day trading, which has surged in popularity as the market has stage a wild advance this year as investors bet on the success of "Abenomics," an experimental stimulus program underway in Japan.
At 13,090, the Nikkei is 16.2% off its May 22 peak.
Nikkei Futures
Nikkei futures rise during European and North American trading on Thursday, June 13.
(Excerpt) Read more at businessinsider.com ...
Volatility can be as bad a sign as a freefall.
Ah....
It's just those crazy day-traders....(ahem)
"WSJ chalks it up to day trading"
The DJIA closed up 180.85 today.
I don’t mind volatility, as long as it is the upward kind.
RE: Volatility can be as bad a sign as a freefall
As an Options trader who trades from my personal account, VOLATILITY IS MY FRIEND. Especially when I am doing credit spreads.
I hear about it this morning Blam
Did my buddy Godzilla kill the markets last night
BAD Godzilla bad LOL!
Dr Copper doesn't think it's day traders....
Dead “Hello Kitty” bounce?
Beware the Black Swan.
volatility is social uncertainty expressed in price action. It increases the cost of just about everything.
Remember This Moment (The 'Black Swans' Have Had Their Necks Broken)
Getting out of control like a guy skidding on the ice. The variables are probably quite similar now that Skynet has taken over most of the trading.
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