Welcome back! It's OUTRAGEOUS to see this after those better-than-expected earnings. Isn't it?
Reminds me of a newbie post I came across in a trading forum over a month ago.
It suggested "The market expects a YoY earnings contraction of approximately -7%. Since this is expected we assume it's baked into current market prices. A smaller contraction (or indeed expansion) will be a win for the bulls."
14/08 Indices, page-223
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Last
8,027.0 |
Change
16.500(0.21%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,010.5 | 8,039.7 | 8,010.5 |
| XJO (ASX) Chart |