BB - do you read/follow Mike Green? (Simplify Asset Management : very smart, understands how market participants may be forced to act in what appears to be an ‘irrational’ manner.
It seems a leveraged, structured/securitised product sold on Wall St is causing the St. to chase it’s short position’s. This is exacerbating the 2/5/10/30’s rise in rates + The Top can’t be put in until the Fed ‘signals’ it is going to have to tap the mat. Look for pressure from elected officials to be the first driver of a change in tune from an ‘independent’ Fed…
C74
gold $3500 aud with 21 days, page-76
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Last
$2.40 |
Change
-0.010(0.41%) |
Mkt cap ! $2.755B | |||
| Open | High | Low | Value | Volume |
| $2.41 | $2.42 | $2.34 | $10.32M | 4.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.41 | 25502 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |