I won't claim to know more than you mate but I guess the only opinions that matter for each individual are the ones you back with a $$ position.
I personally think what Fed has done today is completely reckless and will be felt in the banking sector (and markets) for a long time to come.
Perhaps markets go green temporarily with the news but I think the small banks in the US are now toast.
When it's all said and done I'm sure CBA will come out on top but I'm not so sure about the medium term upside here.
The ST move leading into the US session tonight is a risk so I've now closed all my March puts.
I do see the news as very bearish for banking (not helped by yet another shutdown) but with only a few days left till expiry I'm happy to lock in around 4 bags on those and I'll let my June exp simmer for a bit.
I won't claim to know more than you mate but I guess the...
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Last
$119.33 |
Change
0.210(0.18%) |
Mkt cap ! $199.7B | |||
| Open | High | Low | Value | Volume |
| $118.70 | $119.33 | $118.54 | $175.4M | 1.472M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $119.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.35 | 1632 | 1 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$119.07 |
Change
0.210 ( 0.24 %) |
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| Open | High | Low | Volume | ||
| $118.98 | $119.20 | $118.50 | 74934 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| CBA (ASX) Chart |