the change of direction of the market was not difficult to see, but the depth of the change is/was/will be hard to pick. My guess is a bull trap, but one that evolves over weeks, until we all think the bull is back and we have missed out. Perhaps we will miss out. US is moving to inflation to resolve it's problems. Easy way to go, lets hope the Reserve Bank is not so in as tight a corner. The market may simply inflate, Zimbabwe stockmarket is going gang busters as it keeps pace. I was interested to see that the Oz investor sees the Financial institutions as a safe haven. As they have done over the last 30 years.
the change of direction of the market was not difficult to see,...
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Last
$64.98 |
Change
0.290(0.45%) |
Mkt cap ! $12.59B | |||
| Open | High | Low | Value | Volume |
| $64.60 | $64.98 | $64.08 | $16.08M | 248.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12869 | $64.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $65.00 | 10329 | 20 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |