And that Arthur is probably the single best reason for caution. When everyone else is saying buy banks it is time to consider getting out.
That said it is a brave person who shorts bank stocks. That said I got short CBA this morning at $34.90. It is not a long term trade and does not reflect my view that banking stocks are a core part of a portfolio.
And that Arthur is probably the single best reason for caution....
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Last
$31.59 |
Change
-0.230(0.72%) |
Mkt cap ! $94.08B | |||
| Open | High | Low | Value | Volume |
| $31.81 | $31.85 | $31.46 | $174.0M | 5.641M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $31.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.60 | 12719 | 5 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |