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Thread: Japanese Stock Market drops 6% in Monday trading. Black Monday is here.

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08-04-2024, 05:54 PM
#1

Japanese Stock Market drops 6% in Monday trading. Black Monday is here.

https://www.google.com/search?q=nikk...hrome&ie=UTF-8

Good lord. A 2000 point drop from the get go.

Seems like global markets might tank this week. Get your puts ready for tomorrow.
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08-04-2024, 06:01 PM
#2
So the same as Friday. Yes, down 5.8% for the Nikkei this past Friday.

Nothing to see here folks. Move along.
Yeah Buddyyy! Light weight! Light weight baby!!!!
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08-04-2024, 06:04 PM
#3
Japan just ended ZIRP, not surprising their stocks are down a bunch.
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08-04-2024, 06:06 PM
#4
Was wondering why when I just checked gold/silver/bitcoin everything was dropping hard. Always check the Japan market after.

Chit is going to get a little weird. Election coming up, interest rates dropping starting sept, huge losses in AI and tech market, tons of layoffs, multiple wars, etc.

Buckle up everybody. It's going to be a bumpy ride!
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08-04-2024, 06:07 PM
#5
They're finally admitting Ai was overhyped and useless
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08-04-2024, 06:08 PM
#6
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08-04-2024, 06:10 PM
#7
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08-04-2024, 06:15 PM
#8
so…you're saying this is the bottom?
2022 Option Trading Realized Gains: $125,348 USD
2023 Goal: $140,000
2023 Option Trading Realized Gains: $142,035 USD
2024 Goal: $80,000
2024 YTD Option Trading Realized Gains: $69,288 USD
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08-04-2024, 06:17 PM
#9
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08-04-2024, 06:17 PM
#10
Originally Posted By usersignup2⏩
so…you're saying this is the bottom?
Lol, no. There's a lot left to drop. Look at Bitcoin tanking.
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08-04-2024, 06:20 PM
#11
Japan’s TOPIX index was down over 6% yesterday, and is now down an additional six percent today.

This is the largest two day drop in Japan’s stock market history.

The TOPIX is down 14% in five days, and US Futures are down at the moment.
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08-04-2024, 06:21 PM
#12
damn son what the piss ? If our major index, the DOW, dropped by 6% in one day it would be like over 2300 pts down…..i'm pretty sure that's enough to flip the switches greenspan put in after the infamous crash of 87, i can never remember at what percentages those are triggered….6% is huge for an index of ass
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08-04-2024, 06:22 PM
#13
Originally Posted By usersignup2⏩
so…you're saying this is the bottom?




S&P gon hit 6000, the Kamala rally!!!
Yeah Buddyyy! Light weight! Light weight baby!!!!
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08-04-2024, 06:27 PM
#14
Bitcoin: -7.31%
Ethereum: -14.33%

Gold:-.23%
silver:-.40

Fake coincels on suicide watch

Real money coin Chad's mogging!
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08-04-2024, 06:29 PM
#15
Originally Posted By DeadlyStriker⏩
Bitcoin: -7.31%
Ethereum: -14.33%

Gold:-.23%
silver:-.40

Fake coincels on suicide watch

Real money coin Chad's mogging!
Wow I never realized BTC had another ATH over $70,000

I mean, not anymore, but still…
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08-04-2024, 06:30 PM
#16
Originally Posted By JackyChin⏩
Wow I never realized BTC had another ATH over $70,000

I mean, not anymore, but still…
The ETFs pumped the price. Now they dumped it on those retail investors, a tale as old as time.
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08-04-2024, 06:31 PM
#17
Originally Posted By JackyChin⏩
Wow I never realized BTC had another ATH over $70,000

I mean, not anymore, but still…
Yea it's been a wild ride for bitcorners

Originally Posted By OliverHeldens⏩
The ETFs pumped the price. Now they dumped it on those retail investors, a tale as old as time.
Not going to end well for bitcooners
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08-04-2024, 06:32 PM
#18
All the juice are pulling out until there's war with Iran and then you'll see the markets bounce back.
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08-04-2024, 06:59 PM
#19
Coincel
Florida crew (lol at coldcels)
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08-04-2024, 07:28 PM
#20
Originally Posted By HateLiberals⏩
They're finally admitting Ai was overhyped and useless
This

LOL at everyone thinking AI was going to replace jobs and getting excited over it's impact. It's basically a glorified Google search engine and fake female image tool at its peak hahaha
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08-04-2024, 07:44 PM
#21
im in the process of joining gold crew at this very moment srs
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08-04-2024, 07:51 PM
#22
Originally Posted By MetroBrah⏩
im in the process of joining gold crew at this very moment srs
Gold has a chance of tanking as well…
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08-04-2024, 07:55 PM
#23
Kospi is going crazy red too
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08-04-2024, 07:59 PM
#24
Originally Posted By OliverHeldens⏩
Gold has a chance of tanking as well…
Even if it does short term, gold and silver will both go on a bull run that has never been seen before.

When **** hits the fan, people want affordable assets. Real money. Real things. Bitcoin and eth are nothing. Completely overpriced and just a ponzi scheme overall.

Hard to manipulate metals when the markets burn to the ground, wars are waging, banks and countries are stocking up on it, and we have a nation debt of 35 trillion and we added another 127 billion overnight out of nowhere.

Stock up on metals baby. Protect your assets.
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08-04-2024, 08:03 PM
#25
I’ve been rooting for a market crash for 4 years now. Bring it on srs.
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08-04-2024, 08:13 PM
#26
What does this mean in stupid people terms?
OLD MOVIE CREW
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08-04-2024, 08:14 PM
#27
Originally Posted By Mr.PissShivers⏩
What does this mean in stupid people terms?
It means if you’re already poor and patient, there will be some opportunities to make a lot of money in the medium term future.
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08-04-2024, 08:15 PM
#28
payment for high interest rates are coming due

BTC down to 53k

pepper your angus to HODL… possibly x5 years in Kamala wins

on the positive (or negative) deflation will be real, the problem is nobody will have jobs to buy the deflated products
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08-04-2024, 08:28 PM
#29
Originally Posted By Azrairc⏩
payment for high interest rates are coming due

BTC down to 53k

pepper your angus to HODL… possibly x5 years in Kamala wins

on the positive (or negative) deflation will be real, the problem is nobody will have jobs to buy the deflated products
Unless there's population shrinkage, macroeconomic deflation doesn't happen.
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08-04-2024, 08:30 PM
#30
Nikkei 225 is still +3% YTD after this drop, it won’t be a straight line down

Needing to hike interest rates should be a sign of good things really but Japan is also doing a chitton of quantitative tightening right
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