re: watch bhp play catchup in us tonight BHP UP IN US TONIGHT....VERY likely...but ONLY because it will need to go up a few percent just to CATCH up on our price...either that or a huge drop here 2morrow to play tripple catch down on US price.
have a look @ the copper chart's @ kitco.com copper is yet to stop freefall- only the 1 year plus charts show gains now. I think copper price needs to start stabilising so that forward earnings estimates can be more assured before knowing where bhp is heading. There has to be a price point for copper/other metals where earnings not looking so hot anymore....especially when you consider the MASSIVE budget blow-outs on so many new/upcoming projects.
BUt considering how strong our market has been lately and the bull blinkers it has on then i think our market will just ignore the base metal prices and continue onward & upward? (2 nights of dow friday & tuesday which resulted in a negative net but our market sees up and keeps going....as 2 with bhp US/UK price vs au)
nextime
regards
nextime
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$43.40 |
Change
-0.160(0.37%) |
Mkt cap ! $219.5B |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
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View Market Depth
No. | Vol. | Price($) |
---|---|---|
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2 | 6017 | 47.210 |
1 | 62862 | 47.090 |
1 | 3559 | 46.610 |
10 | 57851 | 45.910 |
Price($) | Vol. | No. |
---|---|---|
39.030 | 13864 | 2 |
40.110 | 58000 | 1 |
40.140 | 3676 | 1 |
40.330 | 2680 | 1 |
40.770 | 1180 | 1 |
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