correct .. but the jump up to $93 was rapid and I took it .. I will be back in . I was never intending to trade NEM but it’s quite volatile. It’s more the overall market that’s worrying me atm. I took large profits in BHP and CSL as well. I can’t see any reason why world markets are on ATHs. If the USD continues to fall and the tariffs add to consumer costs then inflation has to roar in the US and worldwide as a consequence. If Trump gets his way with the Fed then interest rate falls will cause the dollar to fall even more . I can’t see the positive here for markets. I may have it all wrong but I’ve taken a 22.3% gain for FY 25 and looking at 6.2% already for the current year. So I’ll stay out until something breaks.
NEM Price at posting:
$93.03 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)