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Good Morning ! Here are the principle ASX indexes which are...

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    Good Morning ! Here are the principle ASX indexes which are important to us - yesterday was a big up day.

    Top is XMM (metals and mining) then XGD (gold) and XSO (small ords)
    IMO there is a rotation back to mining stocks, specially gold - it is well planned and in the hands of brokers who will hold down price as noted by several posters on this thread.

    Retail holders often don't have the time, inclination and perhaps the skills to accumulate while holding down price, and brokers can only do it for so long. So what we need to see some positive PA is retail picking up the low hanging fruit.

    IMO once it runs it may not come back. Please DYOR, this post suggests positive sentiment, which may not eventuate.


    https://hotcopper.com.au/data/attachments/3168/3168703-808efb10395997257d29e25a1ba01a15.jpg

    Last edited by JandJ: 11/05/21
 
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