That big wave of stimulus is going to look like a sharp recovery causing hyperinflation but the employment payrolls in the US still showing a lot of unemployment. From memory it's a decrease of 11m jobs compared to the pre-pandemic number.
I agree, commentary from Jerome Powell reiterating the Fed's stance on keeping interest rates at the same level for the foreseeable future will start to stabilize the market.
The market really is like a manic depressive. On bad news it plummets too far and on optimism and good news it overshoots every time. It's just a matter of knowing how much something is worth and rejecting the buy offers when they are below said value. All opinion only.
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.680M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $64.41K | 9.193M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 204999 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 4525163 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 204999 | 0.007 |
22 | 6294477 | 0.006 |
21 | 18957988 | 0.005 |
6 | 3291870 | 0.004 |
5 | 6700000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 4525163 | 11 |
0.009 | 2195000 | 8 |
0.010 | 777000 | 4 |
0.011 | 1090111 | 4 |
0.012 | 1914130 | 8 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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OVT (ASX) Chart |