All tech stocks are getting smashed across the globe. When it starts to reverse is anybodies guess. The threat of higher interest rates is the main driver. Fed has suggested that there is 7 potential hikes coming. That is 1.75%. ~.25 basis points per hike.
However they probably wont get there as it will ruin the US economy, they probably get to 3 to 4 hikes, then it all starts revering and interest rates will go lower. At this time maybe tech will rebound. But for now, strap yourself in and enjoy the volatility.
This could be going lower / sideways for at least 12 months.
All tech stocks are getting smashed across the globe. When it...
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Last
4.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $61.49M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.7¢ | 4.5¢ | $40.75K | 885.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12800 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 45986 | 1 |
View Market Depth
| Last trade - 15.57pm 03/05/2024 (20 minute delay) ? |
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Last
4.7¢ |
Change
0.000 ( 9.30 %) |
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| Open | High | Low | Volume | ||
| 4.5¢ | 4.7¢ | 4.5¢ | 176778 | ||
| Last updated 15.05pm 03/05/2024 ? | |||||
| ST1 (ASX) Chart |