We are likely to see a further 20-35% downside for markets in the short term of 3-6 months as we possibly enter the most traumatic recession since the GFC (first data PMI)
Stocks that have been hardest hit already including quality companies not Zip or Sezzle, defensive cycles, industrial etc are likely to outperform further in the next downward run to at least Christmas
What you want to continue to avoid except for shorting opportunities is companies that are negative cashflow or need to raise Capital. Companies highly leveraged to the economy such as banks. Long-duration assets with limited inflation hedge
All this is in my opinion and not financial advice
- Forums
- ASX - By Stock
- #BnplGoingToZero
We are likely to see a further 20-35% downside for markets in...
-
-
- There are more pages in this discussion • 407 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
|
|||||
Last
$2.25 |
Change
0.160(7.66%) |
Mkt cap ! $2.848B |
Open | High | Low | Value | Volume |
$2.20 | $2.26 | $2.17 | $25.78M | 11.63M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 81612 | $2.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.26 | 584889 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 76737 | 2.250 |
24 | 206658 | 2.240 |
21 | 136212 | 2.230 |
12 | 241410 | 2.220 |
15 | 457379 | 2.210 |
Price($) | Vol. | No. |
---|---|---|
2.260 | 573269 | 23 |
2.270 | 363551 | 25 |
2.280 | 404359 | 20 |
2.290 | 220210 | 21 |
2.300 | 386453 | 42 |
Last trade - 11.43am 28/08/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
Previous Video
Next Video
SPONSORED BY The Market Online