I think most of the move in BBUS yesterday priced in the drop of...

I think most of the move in BBUS yesterday priced in the drop of US markets due to the futures markets reaction during AU hours. US markets were only down 1.8% roughly on Friday, so BBUS's reaction yesterday was also attributable to the futures. BBUS performs best when the US Futures gap down after the AU market is closed....catching investors off guard and on the wrong side.

I did expect a 6% gain today. But it seems Trump came out with some payroll tax stimulus hopes and also the oil price is catching a small bid which could see a small rally in the US tomorrow. But who knows....my thoughts are we are still to see some massive downside...this has a long way to fall from the lofty heights.

This is early days...BBUS will get motoring soon enough.

Just my thoughts