How is this for sentiment?
1. US 4th qrt GDP growth 2.8% (missing median forecast of 3.2%), most importantly ex-private inventory change growth was only 0.8% compared to 3.2% in 3rd qrt. This means inventory restocking occurred, but without the corresponding rise in consumption for balance.
2. More elephants in the room recognised, Fitch downgrading Spain and Italy among 6 EU nations downgraded on saturday.
3. Greece is "close to deal".......
There is a few more that I have already stated regarding China, so I won't bother doing so again.
I have been thinking about the argument in long term time frame short term dips, albeit significant shouldn't be factor in for the long term perceived gain. However hypothetically if SP dips in the short term significantly, why not sell first and buy back later. I don't know for certain if FMG will rise/drop, there's significant odds that it will drop on the back of the ST economic environment.
Yes people say ST doesn't matter, LT wise BRIC will expand etc. I was once like that until I got blasted by someone who had no knowledge of shares that saw things as it is, enlightening me to the fact the LT is made up of many ST, take advantage of the ST is the same as winning LT. When I wrote ST I don't mean days, rather in months.
You don't have agree with what I wrote above, FYI
- Forums
- ASX - By Stock
- FMG
- hope it rally today
hope it rally today, page-48
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$17.50 |
Change
0.840(5.04%) |
Mkt cap ! $53.88B |
Open | High | Low | Value | Volume |
$16.89 | $17.74 | $16.84 | $346.2M | 19.88M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 5870 | $17.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.50 | 12148 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5300 | 17.480 |
1 | 1000 | 17.460 |
1 | 6609 | 17.450 |
4 | 6819 | 17.400 |
1 | 2500 | 17.350 |
Price($) | Vol. | No. |
---|---|---|
17.500 | 148 | 1 |
17.560 | 3333 | 1 |
17.600 | 2600 | 1 |
17.670 | 1000 | 1 |
17.680 | 593 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online