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Why IMU is a multi multi bagger, page-25919

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Scottsmyname

866 Posts.

80

23/08/24

07:34

Post #: 75335100
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Originally posted by Footmax: ↑

European markets were fairly subdued over night.

The FTSE rose 8 points (.093%), the DAX rose 44 points (.24%) and the CAC rose less than a point (01%).

Germany's manufacturing PMI index was in negative territory again. Germany's manufacturing is essentially in recession.

In the US, markets were down ahead of Jerome Powell's policy speech tomorrow. US Fed minutes indicated that members were comfortable with a rat cut in July and the market is factoring in the possibility of a September cut - though maybe not the half percent predicted before.

The DOW fell 177 points (.43%), the NBI fell 57 points (1.17%), the NASDAQ Composite fell 299 points (1.67%) and the Russell small cap index fell 20 points (.95%).

US new jobless claims data was flat at 232k (market expectations were for 228k). Total jobless claims sit at 1.86 million.

US Treasury bond yield sits at 3.855%.

Oil prices are steady - Brent crude at US$77.17 per barrel.

Gold price fell and sits at US$2,484 per oz.

BITCOIN is at US$60,538.

Expand

Commentators say we are Screwed if its half a percent cut, and more than 1 cut before the end of the year.

.25% is expected, and only one cut this year.

Lets see how the day plays out.

IMU Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.2¢		Change 0.000(0.00%)		Mkt cap ! $382.1M

Open	High	Low	Value	Volume
5.2¢	5.3¢	5.1¢	$511.6K	9.878M

Buyers (Bids)

No.	Vol.	Price($)
1	106824	5.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.8¢	12284	2

View Market Depth

No.	Vol.	Price($)
1	18647	0.053
6	399136	0.052
39	3850480	0.051
70	5888300	0.050
19	2204845	0.049

Price($)	Vol.	No.
0.049	237	1
0.050	4247	1
0.051	20471	14
0.053	1047409	11
0.054	3628777	14

Last trade - 15.59pm 23/08/2024 (20 minute delay)

IMU (ASX) Chart

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