Ramen Review

N225 chickened out Monday morning as closing time approached, lost 4.5%; indices are bleeding like a butchered pig today. DAX struggled w/4k, lost. Tomorrow’s gonna be interesting; the bears, though, seem to have lost this round, though the N225 in Mon-Tue night recovers some.
Still, they know that they can make some sort of “recovery” — make some money, sort of. Which is all the collective hive-mind of the buck marketeers would want at such a time: swap some derivatives or … read more

Starting March 9th, indices have adopted a new pattern, one not seen since long. The N225 bottomed out at 7k, and since has risen to above 8.5k-ish, rising again not quite 23% from the lowstand.
The DAX dropped to 3k 666, to rise again 16%ish to above 4.2k. And the DJIA stopped its decline at just below 6.6k, rising some 21% to just below 8k.
Today, DAX and DJIA recorded solid drops for the first time (IIRC) since the bear rally … read more

I have not discussed markets a lot lately, because they have not changed much. It may be taken as saying that the pattern has stabilized, but I think the Fed interest adjustment may still shake things up quite a bit in the second half of the week. Though I cannot imagine how it ought to make a major and long-term impact, the occasional interesting behavior might still be witnessed. In any case, the apparent pattern is a decline of about … read more