ASX 1.78% $63.86 asx limited

profit taking tomorrow

  1. 298 Posts.
    seems like a lot of traders will take profits tomorrow

    so we might have a bit of a pull back


    it is early days yet, but the DOW is only up 20 pts as I speak

    we may even have a red day tomorrow

    Just noticed that not to many investors are getting into the retailers or the transport stocks in a big way

    this could indicate that there is not enough demand in the economy to drive it forward

    financials are fairing a lot better but they could be underpriced

    However I wonder what will happen when that start raising capital which seems to be on the cards at the moment

    resource stocks seem a little tame at the moment as there haven't been any substantial price increases.

    A lot of the other indices are up a bit but not as much as we are

    the Shanghai composite is down again which is a bit of a worrying sign.
    the chinese stockmarket is off about 40% this year.
 
watchlist Created with Sketch. Add ASX (ASX) to my watchlist
(20min delay)
Last
$63.86
Change
-1.160(1.78%)
Mkt cap ! $12.39B
Open High Low Value Volume
$64.33 $64.43 $63.65 $3.480M 54.40K

Buyers (Bids)

No. Vol. Price($)
5 65 $63.85
 

Sellers (Offers)

Price($) Vol. No.
$63.88 155 9
View Market Depth
Last trade - 11.20am 01/11/2024 (20 minute delay) ?
ASX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.