ADN 0.00% 2.0¢ andromeda metals limited

Correct mate it not all doom and gloom, people just need to look...

  1. 4,978 Posts.
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    Correct mate it not all doom and gloom, people just need to look for the sectors and stocks that will flourish in this uncertainty.

    Soo much cash still on the sidelines, some are thinking around 70% of some big investment funds capital is now cash at the moment. Berkeley made their move on gold last week, and dissolved a load of bank and airline shares, and this is Buffet after sitting on his arse for the last six months pondering his next move.

    IMO companies with low CAPEX, low OPEC, high profit margins, and quick repayment will eventually see the inflow of capital when the market settles.

    The effect of the upcoming US election does have an effect on the markets as trade directions are affected and energy sector expectations are effected.

    Strong hold here.
 
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Last trade - 10.20am 29/07/2024 (20 minute delay) ?
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