XJO 0.34% 7,796.0 s&p/asx 200

correction getting much closer now., page-2

  1. 3,128 Posts.
    lightbulb Created with Sketch. 12
    I don't think we're close to a correction.
    Just buy resource stocks, and you'll be fine as commodities and demand will drive the prices north quickly.

    And 3 independent large firm analysts all re-rated their expected earnings and stock prices for the big resources BHP and RIO. BHP to 37 and RIO to 103 within 3 months.

    Can't argue with the guys that know best.

    That and the fact that all the inflationary data in Australia was positive. The big tell is tonight in the US with options expiry and the report on inflation.
 
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