We'll see. The 10 year yield is rising, making it obviously less attractive to invest in companies that pride themselves on yield.
All the 4 banks are such stocks, and will be most affected by the yield rising (ie bonds falling)
Therefore, I would watch tonight in the US for what happens with the yield, and then decide whether you should cut your losses monday or load up your position.
In any case, I have always accumulated te "4 pillars" - actually, I'm just accumulating the top 20 on the asx right now. I don't sell those stocks.
I only really trade resource stocks at the moment, where I think there is more value to be had.
any chartist got an opinion on anz, page-18
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Last
$28.82 |
Change
-0.340(1.17%) |
Mkt cap ! $86.72B | |||
| Open | High | Low | Value | Volume |
| $29.36 | $29.45 | $28.82 | $157.1M | 5.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24121 | $28.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.84 | 2748 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |