Australia's largest stock trading and investment forum Australia's #1 stock forum

ZIP

Click for more information

1.75%

$1.60 zip co limited..

I agree with the interest rate indicators but Where do you think...

First 42422 Last

Share
Profile

Follow
gops

10,352 Posts.

819

10/01/22

21:29

Post #: 58762316
Share

Originally posted by Goodfella58: ↑

You need to watch the bond market as the stock market is typically the last to react and is the worst indicator of impending interest rate environment.

The bond market is much larger than the equity market and cannot be manipulated like individual stocks can due to weighting of indices to give an illusion of rising markets.

This is from a bond strategist with a handle on historical data

The 30-year data goes back to 1973 and last week was the worst calendar week total return in at least 49-year history! The long-bond lost 9.35%!!

If this was a year, a 9.35% total return loss would be the 5-year worst year ever.

The 10-year note finished it worst week in 42 years, with a total return loss of 4.24%.

Only Feb 1980 saw a bigger loss for a calendar week loss (Volcker inflation panic, funds rate headed to 21%)

-4.24% would also be the fifth worst YEAR ever.

The calendar week total return for the Bloomberg 10+ TIPS Index was -6.09%.

This marks the third worst week ever.

Expand

I agree with the interest rate indicators but Where do you think the money is going from the sales proceed??

Z1P Price at posting: $3.85 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

IVR

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage

AI stocks: What to expect in 2024-25

WC8

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

BYH

Bryah gains $408K government rebate for work on copper target Narracoota

There are more pages in this discussion • 4,136 more messages in this thread...

First 42422 Last

Add ZIP (ASX) to my watchlist

(20min delay)
Last $1.60		Change 0.028(1.75%)		Mkt cap ! $1.802B

Open	High	Low	Value	Volume
$1.60	$1.63	$1.57	$17.68M	11.03M

Buyers (Bids)

No.	Vol.	Price($)
31	73148	$1.60

Sellers (Offers)

Price($)	Vol.	No.
$1.61	239407	40

View Market Depth

No.	Vol.	Price($)
41	104450	1.600
32	120693	1.595
25	185992	1.590
19	217275	1.585
21	151123	1.580

Price($)	Vol.	No.
1.605	188225	34
1.610	289604	25
1.615	127334	14
1.620	234042	16
1.625	468150	18

Last trade - 14.01pm 16/07/2024 (20 minute delay)

ZIP (ASX) Chart