Why might this be affecting BTC?
This is good for Bitcoin. (in the longer term)
Stocks trampled as Nikkei crashes 13%
41–50 of 107 posts
Re: Stocks trampled as Nikkei crashes 13%
#42This is mostly a reaction to the Bank of Japan raising interest rates to prop up the weak yen. Overall, the Nikkei is now back to where it was in October 2023, and still up almost 100% compared to its COVID lows in March 2020.
...but also down about 20% from 1989 peak. Imagine holding stocks for 35 years and being in the red.
Re: Stocks trampled as Nikkei crashes 13%
#43It’s scary headlines like this: ‘trampled’, ‘crashes’, that put off less informed, risk averse individuals on lower incomes/ net worth, from investing in stocks. It’s a shame, as ETFs, and hell, index funds if you must, outperform savings on a 3 year or even less horizon. Yes, my portfolio dropped 7% this month. I’m still up 6% YTD and 13% in the last 12 months. My horizon is well over 5 years. It would be an easy wa…
This is how Wall Street makes their money. They use media to manufacture peak fear and buy the lower bottoms. This happens every single correction. Same thing with the phony analysts, majority of whom just follow the trends and spew out higher price predictions basically manufacturing a buying frenzy with seemingly little to no research. They were doing this with Nvidia for months before it topped out.
Re: Stocks trampled as Nikkei crashes 13%
#44This is mostly a reaction to the Bank of Japan raising interest rates to prop up the weak yen. Overall, the Nikkei is now back to where it was in October 2023, and still up almost 100% compared to its COVID lows in March 2020.
Stock exchange known for going sideways near where it was a year ago.
Sounds like global discount season to me.
Re: Stocks trampled as Nikkei crashes 13%
#45Why would a high amount of trades trigger circuit breakers? That is just network traffic not power load, no?
Not literal circuit breakers.
Re: Stocks trampled as Nikkei crashes 13%
#46Earlier quoted context omitted.
It can always go lower, but this is called bear porn. Path of least resistance is higher; too high too fast for too long causes people to lever up and this blows up sometimes, like in the past few sessions. Question is how much of the carry trade will unwind now. Regulators will socialize the losses if it happens all at once, that you can be sure of.
Sure, but I wasn't talking about long term, I meant to point out that it's foolish to say "but my folio still up tho?", especially this early while things are still unraveling.
It's actually very good to look at the longer time frames to put the current panic in a context. Average for the sp500 over the last 50 years is ~8% yoy. If you're still up 6% YTD, there's literally nothing to worry about. You might be at 0% today and 6% again tomorrow with how these things unravel.
Re: Stocks trampled as Nikkei crashes 13%
#47This is mostly a reaction to the Bank of Japan raising interest rates to prop up the weak yen. Overall, the Nikkei is now back to where it was in October 2023, and still up almost 100% compared to its COVID lows in March 2020.
...but also down about 20% from 1989 peak. Imagine holding stocks for 35 years and being in the red.
That’s why you DCA and diversify… and don’t forget to account for distributions.
Re: Stocks trampled as Nikkei crashes 13%
#48Surely this'll trigger unwinding of the options dispersion trades that have been rumored to have been building up.
Re: Stocks trampled as Nikkei crashes 13%
#49[deleted]
Re: Stocks trampled as Nikkei crashes 13%
#50• NVIDIA $NVDA: -11% • Google $GOOGL: -11% • Apple $AAPL: -10% • Amazon $AMZN: -10% • Meta $META: -10% • Tesla $TSLA: -10% • Microsoft $MSFT: -9% https://x.com/WatcherGuru/status/1820355633008296324#m
All Mag7s are still very expensive, but you gotta nibble at the best names when you get an opportunity.