Archive | August, 2007

Nikkei Recoups Some of Friday’s Losses, Yen Weakens, A/D Improves But New Lows v. New Highs 225:1

* Nikkei 225 Stock Average: +458.80 (+3.0%) to 15,732.48, first gain in four sessions and largest since June 22, 2006, but only recoups 52% of Friday’s 870+ (5.4%) drop; intra-day +670 points * Nikkei 225 futures Osaka: +430 (+2.8%) to 15,730, Singapore (SGX) 15,715, Chicago (CME) 8/17 — 15,835 * TOPIX: +43.18 (+2.9%) to 1,523.57; [...]

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Japanese Stocks Slaughtered on Friday

Recap of Friday’s (8/17) Nikkei market action * Nikkei 225 Stock Average: -874.81 (-5.4%) 15,273.68 * Nikkei 225 futures Osaka: -750 (-4.7%) to 15,300, Singapore (SGX) 15,275, Chicago (CME) 8/16 — 15,950 * TOPIX: -87.07 (-5.5%) to 1,480.39; Advancers 87 x decliners 1,620 (unch. 19), New highs 1 x new lows 869 * Jasdaq: -2.34 [...]

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What the Nikkei Needs

How about a little luck of the Irish? The near-term is clouded with pessimism, but clearly there’s some great value and there will be buyers. A summary of Friday’s plunge will be published later. In the meantime, enjoy!

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Nikkei Sell-off Continues, Another Day, Another Drop; Bank Stocks Recover Big Intra-day Losses on Reports of Subprime Paper Losses

Summary for Thursday, August 16 * Nikkei 225 Stock Average: -327.12 (-2.0%) to 16,148.49; lowest close since Nov. 29, 2006; down by more than 600 intra-day (below 16,000) * Nikkei 225 futures Osaka: -350 (-2.1%) to 16,050, Singapore (SGX) 16,040, Chicago (CME) 8/15 — 16,275 * TOPIX: -26.69 (-1.7%) to 1,567.46; Advancers 206 x decliners [...]

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Nolan Ryan Got Beef in Japan …

but it looks like nobody is buying it. And why should they? The Wall Street Journal reports: As part of a summerlong campaign, the Hall of Fame pitcher has his picture in the meat aisles at major grocery stores under the slogan “Beef makes you strong!” Mr. Ryan threw out a ceremonial first pitch during [...]

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Nikkei Down 428 Points, -2.6%, At End of Morning Session

The selling continues this Thursday morning. The Nikkei 225 is barely holding 16,000, last at 16,047.46, having hit an intra-day low of 16,026.87. Nikkei 225 futures trading in Osaka are down 360 points to 16,040. The broader TOPIX is getting hammered, down 3.2% to 1,542.70! JASDAQ continues its downward slide, -1.9% to 72.10. All 33 [...]

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Nikkei Nose Dives -2.2%, TOPIX Tanks -2.6%, All Indices Extremely Oversold, But No Real Help In Sight

Wednesday 8/15 summary: * Nikkei 225 Stock Average: -369 (-2.2%) to 16,475.61; new year-to-date low breaking March 5th low; lowest close since Dec. 8, 2006 * Nikkei 225 futures Osaka: -440 (-2.6%) to 16,400, Singapore (SGX) 16,405, Chicago (CME) 8/14 — 16,615 * TOPIX: -43.31 (-2.6%) to 1,594.15; Advancers 120 x decliners 1,552 (unch. 54), [...]

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Nikkei, TOPIX Up 0.3%, But Broad Market Weakness and Oversold Conditions Persist

* Nikkei 225 Stock Average: +44.56 (+0.3%) to 16,844.61 * Nikkei 225 futures Osaka: +60 (+0.4%) to 16,840, Singapore (SGX) 16,855, Chicago (CME) 8/13 — 16,740 * TOPIX: +4.82 (+0.3%) to 1,637.46; Advancers 857 x decliners 780 (unchanged 90), New highs 4 x new lows 122; 19/33 sectors posted gains * Jasdaq: -0.26 (-0.35%) to [...]

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Japan Q2 GDP Slows, Limited Impact on Nikkei; TOPIX Falls to Lowest in 8 Months, TOPIX 2nd Lowest in Almost 2 Years

* Nikkei 225 Stock Average: +35.96 (+0.2%) to 16,800.05 * Nikkei 225 futures Osaka: +30 (+0.2%) to 16,780, Singapore (SGX) 16,775, Chicago (CME) 8/10 — 16,705 * TOPIX: -1.29 (-0.1%) to 1,632.64; Advancers 942 x decliners 719 (unchanged 66), New highs 2 x new lows 161 * Jasdaq: -0.64 (-0.85%) to 74.80 * TOPIX 1st [...]

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Japanese Stocks Tumble on Global Sell-off, SQ, Nikkei -2.4%, TOPIX -3.0% to New YTD Low, Hedge Funds Reportedly Liquidating Equity Positions

* Nikkei 225 Stock Average: -406.51 (-2.4%) to 16,764.09 * Nikkei 225 futures Osaka: -470 (-2.7%) to 16,750, Singapore (SGX) 16,725, Chicago (CME) 8/9 — 16,855 * TOPIX: -49.88 (-3.0%) to 1,633.93; Advancers 235 x decliners 1,445 (unchanged 47), New highs 16 x new lows 469, 30/33 sectors posted losses * Jasdaq: -0.56 (-0.7%) to [...]

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