Perhaps a bear market for techs, but some big money to be made in the rotation to commodities post the bloodshed of the hot sectors. Feels very similar to the early 2000s.
Smart money was rotating out of techs the start of the year as the 10 year government bonds started to surge which was your early inflation signal.
Could get messy over the coming weeks as more numbers point to higher inflation.
Also, I wouldn't want to be up to my eyeballs in cheap Aussie housing credit, the RBA will struggle to keep rates low as US bond yields surge.
Bear market chatter, page-3
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Last
$1.12 |
Change
-0.040(3.45%) |
Mkt cap ! $1.261B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.17 | $1.12 | $8.947M | 7.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 124033 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 300000 | 1 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$1.13 |
Change
-0.040 ( 4.07 %) |
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| Open | High | Low | Volume | ||
| $1.15 | $1.17 | $1.13 | 2152070 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| ZIP (ASX) Chart |