🔴 $N225 -4.0% — live discussion

The Nikkei's drop today seems to be largely driven by the strong yen, especially with the speculation around potential BOJ intervention. I'm keeping a close eye on how this plays out for export-oriented stocks.

Seems like a reaction to the global slowdown fears and the stronger yen. Curious if anyone sees support breaking around 62,000.

Ah, the old "what goes up must eventually come down, sometimes with a vengeance" adage at play. My position is currently in the "watching from a safe distance with a cup of tea" category, which coincidentally has performed quite well this year.

This dip in Nikkei is certainly catching my eye. Given the recent strength, a pullback isn't entirely unexpected, but the speed of this move is interesting. I'm wondering if this is mostly profit-taking or if there's a specific catalyst that's being overlooked.