6 Aug 2024
JP Morgan's Jamie Dimon pushes for private-sector representation in next cabinet
Source: Bloomberg
6 Aug 2024
BREAKING: Small Caps $IWM post 3%+ declines for 3 consecutive trading days for the first time since October 1987
Source: Barchart
6 Aug 2024
The Nikkei's 12.4% decline today was the 2nd largest in its history, trailing only the 14.9% fall during the October 1987 crash.
What happened in the year after the 1987 crash? The Nikkei 225 rose 26.5%. Those who embraced panic were rewarded. Source: Charlie Bilello
6 Aug 2024
JPY FX positioning is finally NET LONG (per GS).
The yen is now free to crash again... Source: www.zerohedge.com, Goldman Sachs
6 Aug 2024
Japanese stocks are now up 9.4% overnight.
They are on track for biggest gain since October 2008 Source: Markets & Mayhem, CNBC
6 Aug 2024
The $VIX spiked 65% higher today, the 2nd largest 1-day % increase in history
(note: $VIX data goes back to 1990). Source: Charlie Bilello
5 Aug 2024
NASDAQ FUTURES CLOSE TO TRIGGERING CIRCUIT BREAKER.
The limit-down level for the current $NQ contract is at 17,265.25, or a 6.9% drop from Friday's close. This has not happened since the COVID selloff in March 2020. Source: Trend Spider
5 Aug 2024
JUST IN 🚨: Robinhood suspends 24-hour trading market
Source: Barchart
