O/T - Careful today guys ASX been bucking the trend in a big way but we will play catch up sooner rather than later if this keeps up and looks likely in the very near future. US plunging on virus surging thru the world and no stimulus package. Even gold sold down hard although that is usually due to traders being forced to sell to cover margin calls etc hence why gold usually turns and spikes hard after the initial covering is done and the flight to safety kicks in.
Once elections are done and stimulus package done should also put a rocket under Gold again for Xmas or thereabouts so only gold and gold stocks for me avoiding pretty much everything else as these should do very well in short term despite any initial sell off that doesn't last. Think reality finally kicking in a little about stock market vs economy so again please be careful if you are not experienced this might not be the time to try to DT.
For the record while I sound doom and gloom and it is ATM with the ASX possibly facing steep drops to catch up to the world I am not in the short to medium term just the very very short term potentially (which might only be days/weeks as US will be forced to drop stimulus after election). Gold stocks though my pick though if you can time it, should be a very good trade in as was earlier in the year when gold rocketed lets see. Good luck guys trade safe.
