In the US, FAANG (later FAANGMT) is synonymous with the big techs , in Aust, it is WAAAX
So how has WAAAX performed?
As you can see below, rather disastrously. 3 stocks are in bear market (>20% correction) and 2 in correction territory (>10% correction). This despite US markets at near record territory.
...the crash is well and truly in motion.
Column 1 Column 2 Column 3 Column 4 0 WAAAX 52 wk high 19/1/22 % chg 1 Wisetech (WTC) $ 60.40 $ 51.92 -14.0% 2 Afterpay (APT) $ 160.05 $ 67.02 -58.1% 3 Appen (APX) $ 25.46 $ 10.11 -60.3% 4 Altium (ALU) $ 45.30 $ 39.66 -12.5% 5 Xero (XRO) $ 156.65 $ 117.32 -25.1%
- Forums
- ASX - General
- Its Over
Its Over, page-11430
- There are more pages in this discussion • 10,259 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
Featured News
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Steven Gourlay, CEO
Steven Gourlay
CEO
Previous Video
Next Video
SPONSORED BY The Market Online