the market is SO jittery at present. It literally falls or rises 5-10% on a single word or phrase from the Fed, or Moderna/ Pfizer CEOs etc.
Its a minefield right now and so smart / managed money goes into safe assets like UDS/ Swiss Francs/ bullion away from ALL stocks.
Will interest rates rise ? Who knows. They are jawboning about it. The Democrats are paranoid about being seen as weak/ fiscally irresponsible so they might raise by a tiny amount. The market as usual will overreact downwards. Last thing they want is a big market sell off before Xmas so I reckon they will keep jawboning and use Omicron negative as an excuse NOT to raise rates.
Personally I'm just watching for now. Evolution is a great stock I think but chart is clearly in downward trend at present.
DYOR
Gold price, page-21
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Last
$3.94 |
Change
-0.025(0.63%) |
Mkt cap ! $7.844B | |||
| Open | High | Low | Value | Volume |
| $3.95 | $4.00 | $3.90 | $16.78M | 4.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 134309 | $3.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.94 | 204327 | 38 |
View Market Depth
| Last trade - 12.31pm 26/07/2024 (20 minute delay) ? |
| EVN (ASX) Chart |