CPI numbers due at 11:30 am.
If high, XJO will dip. Will be interesting to see how bank stocks fare, particularly CBA whose P/E is approaching 24.
XJO has opened higher. Perhaps this indicates that insiders know that CPI will not be high. Alternatively, I prefer to think that perhaps so many players have been playing down the possibility of a high CPI reading that many investors have been lulled into thinking that the only direction for the XJO is up. So, I have some shorts in play.
- Forums
- ASX - By Stock
- XJO
- Indices 29/07
Indices 29/07, page-28
-
- There are more pages in this discussion • 53 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 XJO (ASX) to my watchlist
|
|||||
Last
8,013.4 |
Change
31.000(0.39%) |
Mkt cap ! n/a |
Open | High | Low |
7,982.4 | 8,030.3 | 7,982.4 |
Featured News
XJO (ASX) Chart |