Interesting article about investors change in attitude and what is driving it. At least one on this board will see the weakening of US economy as a positive because it will drop interest rates. It will do that, but overall effect will be negative. Bad news on economy usually results in lower interest rate. The drop in interest rates seldom outweighs the news.
JMO Lynas will be hit negatively more than the average stock
- Few shares are being traded in AU both in percent of total and compared with historical volumes. The US LYSDY & cF are down even more .both volume and price.
- They have been Trading way above traditional metrics. Stock that are above traditional values always see larger corrections
- It is becoming apparent that China who started the REE price decline cannot reverse it in spite of some major efforts in last 6 ~ 9 months.
https://finance.yahoo.com/news/stocks-hammered-after-this-weeks-labor-data-shows-investors-treating-bad-news-as-bad-news-170211135.html
Interesting article about investors change in attitude and what...
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |