I've been calling that crdeit crisis could come to an end soon, but i'm changing mind after Jp morgan 1.5 billion write down today and UBS massive further 5.1 billion dollar.
All financial stocks looks cheap, but now something is strking my head that how they will make money if their half of assets are written down.
They can't make billion dollar profit any time soon as IPO will be reduced and have no assets to make money.
It's better for me to short financials now and trading in and out. That's it.
I've been calling that crdeit crisis could come to an end soon,...
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Last
$36.69 |
Change
0.730(2.03%) |
Mkt cap ! $113.7B | |||
| Open | High | Low | Value | Volume |
| $36.28 | $36.72 | $36.19 | $142.5M | 3.892M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $36.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.70 | 3228 | 3 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| NAB (ASX) Chart |