I ended up selling my shares and a large portion of my portfolio after the FED rate hike this week. I was hoping for a pause, perhaps I'm being overly cautious... The bank runs are causing a lot of uncertainty in financial markets and now Deutsche Bank has come under the spotlight. Psychology will play a big part in how this all plays and the market is very forward looking .The contagion from SVB failing is starting to show, perhaps I am over analyzing all of this but I was ignoring what SVB is backwards so I am still somewhat rational... lol.
I took a look at Macquarie Groups chart during the GFC, during this period they traded from around $80 to a low of around $14
They are in the red on this after the CR, perhaps there will still be a pump that I will miss out on, maybe even a turnaround but it all feels a bit risky to me at the moment so I have stepped out for the time being. I will be watching for a possible reentry though...
I ended up selling my shares and a large portion of my portfolio...
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Last
$1.03 |
Change
-0.030(2.83%) |
Mkt cap ! $458.4M | |||
| Open | High | Low | Value | Volume |
| $1.05 | $1.06 | $1.02 | $1.480M | 1.434M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 44279 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 7964 | 5 |
View Market Depth
| Last trade - 15.15pm 07/06/2024 (20 minute delay) ? |
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Last
$1.03 |
Change
-0.030 ( 2.80 %) |
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| Open | High | Low | Volume | ||
| $1.03 | $1.06 | $1.02 | 1149332 | ||
| Last updated 15.36pm 07/06/2024 ? | |||||
| BVS (ASX) Chart |