A movement in the right direction
Yes AGE gained 4 pips to finish on 5c. Our volume was good, double of yesterday, around 38m shares traded.
ASX U stocks also had a good day. Of the 19 stocks that I track, average gain was 6.5%. A decent gain after sometime. All stocks though traded in the same trading zone where they have been for last 3 weeks or so. So the gains today was not able to break the shackles.
Overnight US stocks also had a good day and gains were similar to ASX U stocks today. Most gains were between 6 to 10%. U Future price though is doing a shocker. It declined further 65c yesterday to finish on $48.60
What next -
Yesterday US indices had a good night. Indices gained between 1 to 2.5%. The whole week till now has been quite good.
I have held my trading stocks for another day. Main reason was that the gains today were not good enough. I thought if we have a bad Monday, I can still escape without much damage. But if we have a good Monday, stocks may be able to break their trading zone of last 3 weeks. Then the gain could be much better. That's the thinking, lets see.
What will happen tonight? After a few good days, normally you would expect some pull back. So that chance is there and I was weighing it up all day what to do. But we are not in normal times. We have fallen a lot so this rise is still very small compared to the fall. US Futures are red at this stage. Asian markets were only marginally in green. Positive things - Volatility index VIX has fallen another 3% and is around 26 now, so punters are more confident. Cryptos are flying - yesterday Bitcoin was hovering around 20k, today its 22k - they are very confident of a bounce/recovery. Many analysts had made a call earlier in the week that S&P 500 may touch 4000 - which is another 100 points away (another 2.5%). So these were the reasons I felt a little positive. Overnight US unemployment rate data will come out before market opens - that will really give some short term direction. Mixed signals from predictors till now. I am just hoping there is no big red. A small red will still be manageable. A good green like yesterday may break the shackles. Lets hope it turns out that way. Enjoy your weekend and all the best.
AGE chart, page-2160
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Last
5.9¢ |
Change
-0.003(4.84%) |
Mkt cap ! $228.2M |
Open | High | Low | Value | Volume |
6.1¢ | 6.2¢ | 5.9¢ | $524.7K | 8.758M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 2065674 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 148390 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 2065674 | 0.059 |
17 | 1033835 | 0.058 |
9 | 1644811 | 0.057 |
9 | 864713 | 0.056 |
25 | 2796915 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 148390 | 4 |
0.061 | 916126 | 7 |
0.062 | 662782 | 10 |
0.063 | 657922 | 2 |
0.064 | 796672 | 9 |
Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
6.0¢ |
  |
Change
-0.003 ( 4.03 %) |
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Open | High | Low | Volume | ||
6.0¢ | 6.2¢ | 5.9¢ | 3302791 | ||
Last updated 15.59pm 15/05/2024 ? |
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