OXR oxiana limited

i think we will be alright today after fed opened up direct...

  1. 1,061 Posts.
    lightbulb Created with Sketch. 10
    i think we will be alright today after fed opened up direct lending to freddie and fannie. I reckon this will give a massive short cover rally tonight because people have been shorting the financials like crazy, this open lending to the 2 mortgage companies reminds me of the march problem when the fed opened the lending to the investment bank. Wont surprise me if dow goes up by over 250 tonight but then the commodities market might get hit a bit due to the stronger dollar. Zinc should be alright because cutting 10% would mean around 1% of world wide production. I am not too how much zinc is produced every year. Can anyone shade light on it? Should bring the zinc market closer to be in deficit.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.