Massive BoJ and massively unchanged SPX/NASDAQ
BoJ – king of size and timing Latest news out of Japan is huge. We are seeing very big moves. Picking one of the most illiquid trading weeks of the year is probably not a coincidence. The JPY breaking big below the 200 day moving average.
…but most did not have Japanese banks as the top pick. The sector surging on the latest news from BoJ. Chart shows Mizuho and MUFG.”Flows are starting to move into more 10b5 -1 plans as companies approach their blackout window. We estimate Monday as the start of […]
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