The whole market is about to roll over imo.
Inflation clearly still isn't under control, pretty much every earnings report I've seen is terrible and guidance isn't any better.
GQG is a risk on business, it needs equity flows to grow. Given the latest data points, I'm not confident there will be materials flows again this year for GQG. But you can't be sure.
I opened up some short positions across tech in the states the last few days (Tesla, Shopify), I wouldn't be surprised if we saw a serious market roll over about to begin.
The whole market is about to roll over imo.Inflation clearly...
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Last
$2.47 |
Change
-0.060(2.37%) |
Mkt cap ! $7.294B | |||
| Open | High | Low | Value | Volume |
| $2.51 | $2.51 | $2.45 | $2.461M | 995.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.50 | 3779 | 7 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$2.49 |
Change
-0.060 ( 1.44 %) |
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| Open | High | Low | Volume | ||
| $2.50 | $2.50 | $2.45 | 136413 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| GQG (ASX) Chart |