Alph, nothing is trading on fundementals at the moment.
I'd be stock picking fundementals for long term holds but everything is getting a re-rate
ABB prime example, good company, has a little increase in expenses and gets sold off 30%
ALL is another great example, terrific company solid fundementals and is getting a vicious re-rate
I think GF has been right all along, the SP's & PE ratios we were used to were all stimulus driven and we just gotta wait for the dust to settle
I'm just playing chart based trades & scalping anything with momentum atm. Then just gotta hope this isn't gonna be a decade long recovery like what happened after dot comtoo early too tell. today is the day where it either goes to shit and gets shorted from here or the market markers let it go back up a bit
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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7 | 292835 | 2.910 |
12 | 146536 | 2.900 |
5 | 159968 | 2.890 |
4 | 111607 | 2.880 |
Price($) | Vol. | No. |
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2.930 | 7000 | 1 |
2.940 | 615815 | 9 |
2.950 | 191388 | 16 |
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