WEDNESDAY 4/8/15; Asia Stocks Rally; SSEC 4K; Swiss Negative 10-Year Yield; M&A Activity; Q1 Earnings Season Begins; FDO; RAD; FOMC Minutes; AA; BBBY; PIR

Asian stocks run higher. The BOJ decides to maintain current monetary policy as expected and says a modest recovery continues. BOJ Governor Kuroda proclaims, “Markets are not overheating.” The NIKK gains +0.8% to 19790 at new 15-year highs. Banzai! The dollar/yen drops to 119.90 due to a stronger yen but stocks continue higher anyway on Kuroda’s proclamation. Australian stocks are up +0.6% with oil and gas companies trading higher. The KOSPI gains +0.6% printing five-month highs.

The SSEC is up +0.9% to 3996 punching above 4K to 4000.22 intraday the highest level since early 2008 seven years ago. Infrastructure and rail companies continue to run parabolic with China CNR and CSR train companies limit up +10% for a second consecutive day. Hong Kong begins trading after the holiday and the HSI catapults nearly +4% higher to 26237. Indian stocks trade higher 















[Text is Redacted: Purchase April 2015-04 to Read the Complete Chronology]





















0-year yield 0.362%.

A jury convicts 21-year old Boston Marathon bomber Dzhokhar Tsamaev; guilty on all 30 counts including murder and conspiracy. The sick Islamist terrorist committed mass murder killing three people and injuring 264 others. The jury deliberated about 11 hours before reaching the verdicts. Tsamaev was expressionless and faces the potential death penalty for his heinous acts.