...the markets are NOT correcting!
What a recoverty on the DOW last night. 200 point rebound to fininsh even. If ever the markets were going to correct going into a widely speculation Fed CUT meeting, it was going to be last night. But biy, didnt the buying return. Markets will gap up tonight, and will rally for the next 5-7 days in speculation and then confirmation of a 25 bp Fed rate cut. If the Fed drop by 50-bp (wouldnt surprie me; they did last time when similarily noone expected them to), the markets will rally 350 points again post-announcement.
AAR will get some excellent news within days - qrtly has 5 trading days to be released - and will rally hard. If 11 is cleared, next stop is 13. If 13 is cleared, blue-sky.
Gold back up $10 to $764 by-the-way!
Cheers!
http://finance.yahoo.com/
get what you can sub 10cents because.....
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $127.1M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.0¢ | $316.5K | 2.960M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 917330 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 141995 | 1 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| AAR (ASX) Chart |