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82.0¢ novonix limited

Media Watch - NVX related, page-7540

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arfbarf

3,274 Posts.

1383

14/10/22

10:01

Post #: 64195137
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Originally posted by kokoro: ↑

I am not an oracle. I can tell you that the market cycles have been, since the greation of Fed anyway, largely central bank made. From this perspective, bear markets tend to almost overlap with the easing cycles of central banks (and not the other way around!). Of course, there is always this question in the air if it will be different this time. Central banks have been manipulating with the markets for many decades. The excessive manipulation and market intervention really started gathering momentum in early 2000's, went nuts in 2008, and went absolutely berserk in 2020-2021. So, now the question is have they created a Frankensteinian monster that can no longer be tamed with the old tools and methods?

So, to answer your question in short: I don't know when the bear market will end, but I do know when I see a speculative stock that is ridiculously bloated.

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Hey kokokrap,

You'll be happy to know I bought another 10,000 shares this morning. I had a feeling the market would dip after the CPI came out higher than expected, and it did- DOW dropped 400 points, at which point I pulled the trigger.

And then the DOW swung back the other way big time- a 1200 point difference. Not bad huh? Please keep up your hard work, I'm not done accumulating.

NVX Price at posting: $1.78 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 82.0¢		Change 0.085(11.6%)		Mkt cap ! $404.8M

Open	High	Low	Value	Volume
76.0¢	85.0¢	74.0¢	$5.402M	6.694M

Buyers (Bids)

No.	Vol.	Price($)
3	118531	82.0¢

Sellers (Offers)

Price($)	Vol.	No.
82.5¢	17578	3

View Market Depth

No.	Vol.	Price($)
3	118531	0.820
1	4000	0.810
6	74419	0.805
9	161274	0.800
5	59206	0.795

Price($)	Vol.	No.
0.825	17578	3
0.830	29776	6
0.835	46239	4
0.840	114481	7
0.845	25966	3

Last trade - 16.10pm 09/10/2024 (20 minute delay)

NVX (ASX) Chart

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