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07/08/23

13:03

Post #: 69200658
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Originally posted by highlandlad: ↑

Thanks @shovel40, @Fiji1 and morning crew.
Half-timewrap:

The share market leaned towards its third loss in four sessions following Wall Street's worst week since March.

The ASX 200 dropped 26 points or 0.35%. Gains in property companies, utilities and consumer stocks were outweighed by declines in healthcare providers, banks and bulk metal miners.

ResMed and Afterpay owner Block were amongst the worst performers for a second day since trading updates on Friday. Block dropped 11.05%. ResMed shed 4.46%.

US stocks fell on Friday to a fourth straight loss as a mixed earnings season continued and a drop in the jobless rate raised the risk of another rate hike. The S&P 500 fell 0.53%, extending its decline for the week to 2.3%. S&P 500 futures bounced 0.4% this morning.
Personaltrading: Bought CLA when a blocking sell order appeared. You don't place a sell order of 8.7 million if you want to sell; you place it because you want to buy. (At least, that's the theory.) NSR starting to come good from Friday. Hoping for another couple of positive sessions before cashing out.

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I concur in regard to CLA I got some at 1.7c in the scare dumping earlier.
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