08.03 Here we Go Again: August Opens with Shanghai and Asia Down, Down, Down

by John Galt
August 2, 2015 22:00 ET

Here we go again gang so buckle up, it’s going to be a wild month…

The Nikkei 225 is crawling down the ladder, as of this posting down about 3/4 of a percent (all charts via YahooFinance):

The Shanghai SSE opens down a hard 1.4% and apparently ready to move even lower if the Beijing government doesn’t start buying more stocks soon:

Hong Kong’s Hang Seng opens down 1.4% plus also:

Lastly, and not a sideshow, Taiwan opens down almost 2%:

In the mean time, WTI Crude continues to crater almost every Sunday session now, tonight down almost 0.8%:

Stay tuned as Gold seems to be the only rational player tonight…

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