This is precisely what's happening. The market is overreacting to ensure the Fed give sthe 25 - 50bps rate cut that it wants.
Also September is typically weak anyway and this sort of overall market behaviour is typical in an election year.
THE SQUEEZE IS ON, page-3091
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Last
$11.82 |
Change
0.040(0.34%) |
Mkt cap ! $3.538B | |||
| Open | High | Low | Value | Volume |
| $11.64 | $11.85 | $11.59 | $13.72M | 1.168M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1555 | $11.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.83 | 1358 | 7 |
View Market Depth
| Last trade - 13.49pm 10/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |