The trouble at the moment, imo, is that markets are confused and therefore unsure of future directions in the short and medium term. Long term there is no confusion - in the long run markets always rise but funds and institutions also have short and medium term objectives to consider.
Some factors adding to the confusion and worthy of consideration are:
. Inflation - is it or isn't it..? the market isn't sure.
. Monetary policy - will tapering happen..? If so, what time frame - policy makers are giving mixed signals.
. When will crypto currencies be regulated ?
. When will supply chain issues sort out, shipping costs level off..?
. Chinese economy issues.
Until these matters resolve or appear to settle, markets will continue to act like a frightened turtle, skittish and overreacting both to the upside and the down, imo.
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The trouble at the moment, imo, is that markets are confused and...
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$18.46 |
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Mkt cap ! $56.68B |
Open | High | Low | Value | Volume |
$18.38 | $18.54 | $18.33 | $126.7M | 6.883M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 7454 | $18.45 |
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Price($) | Vol. | No. |
---|---|---|
$18.46 | 2206 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 7004 | 18.450 |
18 | 9894 | 18.440 |
16 | 12118 | 18.430 |
22 | 12159 | 18.420 |
19 | 34008 | 18.410 |
Price($) | Vol. | No. |
---|---|---|
18.460 | 1227 | 11 |
18.470 | 10318 | 14 |
18.480 | 19711 | 16 |
18.490 | 9512 | 11 |
18.500 | 21255 | 16 |
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