An update on an earlier post on the market views of commentators - CSL share price over coming weeks is likely to be impacted by market direction.1) Marcus Padley sold up his shares believing it likely to be a bear market - seems to have bought some back (quality only) CHANGED
2) Switzer and Co (unsurprisingly) said it was a buy the dip opportunity but now thinks it has further to go and is not buying yet CHANGED
3) Roger Montgomery is always saying stocks are overvalued (except the ones he's buying of course)
4) iBankcoin, a US blogger (ex-Wall St) now says something is different this time - no V shape recovery (SAME)
5) Rudi Filapek Vandyke, implies it is a bear market (MORE CONVINCED)
My view for what it is worth: unlikely to see much of a santa rally and this could drag on for months. Fear is US economy is slowing. Quality like CSL is good to hold and you never know when you are going to have a $6 up day.
CSL Chart, page-348
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Last
$297.66 |
Change
-0.870(0.29%) |
Mkt cap ! $143.8B | |||
| Open | High | Low | Value | Volume |
| $297.59 | $298.49 | $296.08 | $171.9M | 578.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 277 | $297.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $297.67 | 169 | 1 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| CSL (ASX) Chart |