Annoying when the page refreshes on hotcopper as you are...

Annoying when the page refreshes on hotcopper as you are finishing a post!

I was saying that I do not really understand the broad weakness in many of my investments today. However, I do know that a month or so ago there seemed to be a move to "risk on" policy and specialty metals came into favour. That was especially so for copper stocks as there was a short squeeze on the commodity which played out until the delivery date for physical metal on (I think) the NY exchange passed a couple of days ago. There was a panic to deliver physical stocks. The price has retreated a bit, but still has a great outlook imo.

That seems to have now led to the "risk off" switch, and lithium stocks and even some iron ore miners have been sold off. Never mind....as I am not here for short term trading and nothing by way of fundamentals has changed for electrification age investments. If anything this looks like a buying opportunity. I guess it's a case of traders piling in, especially during the lead up to 30 June.

I did buy a few shares in another stock this morning, and I may still top up some more LTR which looks juicy at these levels. As a long term investor I do not get rattled by these fluctuations. They will always happen from time to time. I am often reminded by my in laws of saying to them to buy CBA around the period after the GFC when they were $45. They have been well pleased : ))

Regards

DF