Maybe maybe not.
The market never goes up in a straight line.
As for oil, don't be surprised if we get a major spike in the next 12 months and its off to the races again.
Surplus supply in the system isn't very high and with increased demand at lower prices things will turn on a dime at some point. A lot of operations are being scaled back which will leave a big gap in the market moving forward.
Also look at the oil futures for the next 12 months and they are all in an uptrend.
Iron ore demand should pick up after chinese new year according to my xstal ball.
As for copper, lets see where that goes but as I said the drop in the AUD is a big boon to aussie miners so don't underestimate the effect it will have.
I agree to disagree with you, in the end it matters not. We all make money based on our own beliefs and methods and lately life is good.
Maybe maybe not. The market never goes up in a straight line. As...
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Last
$42.78 |
Change
0.030(0.07%) |
Mkt cap ! $216.9B | |||
| Open | High | Low | Value | Volume |
| $42.92 | $43.08 | $42.62 | $778.2M | 18.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $42.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.81 | 119112 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |