Hi Mong, yeah i agree with all your logic.
However, how many new cars and Walmart crap items will the extra 533,000 newly unemployed in the States we buying? I agree with the previous post that described the illogical DOW rise, however it may indicate just how badly the market wants to rally on the flimsiest of good news. I can't imagine there being any bad news that eclipses the horrible story to date (other than the Auto bailout getting canned) between now and early new year. So theres a good argument for the bear rally.
Just one thing i notice BHP hasn't fallen % anywhere as much as AngloAmerican, Vale, Rio, so its still got a large premium in comparison. Has me worried this may turn into a nasty bear trap. earnings could be smashed next year if oil heads further south, no money in metals, coal and steel to get slammed; so i have to wonder wheres the profit? $10 oil (as Voltaire suggests) would be a disastrous for the stock. Back to $8 maybe....
Perhaps it seems too obvious a rally is on the cards???
- Forums
- ASX - By Stock
- BHP
- monday
monday, page-13
-
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BHP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$41.26 |
Change
0.150(0.36%) |
Mkt cap ! $209.2B |
Open | High | Low | Value | Volume |
$41.10 | $41.53 | $41.05 | $432.9M | 10.49M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 300 | $41.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$41.27 | 1700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300 | 41.250 |
6 | 2504 | 41.240 |
1 | 1212 | 41.230 |
1 | 2456 | 41.190 |
3 | 1144 | 41.180 |
Price($) | Vol. | No. |
---|---|---|
41.270 | 1700 | 1 |
41.290 | 8529 | 2 |
41.300 | 3063 | 3 |
41.310 | 35744 | 1 |
41.320 | 6829 | 1 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |