Morning Traders 07/01/2020

  1. 6,340 Posts.
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    Thanks @highlandlad@ttward & @Endless

    9:52am - It's already been a week since new years?! Huh.

    Trading Tip - Commodity booms make people more comfortable buying into micro cap stocks that mine/explore that particular commodity. If you have the capital and patience, you can make bags of profit if you put in the research effort in finding a micro-cap stock with a good story behind it.
    I'd rather buy a sub-tier stock with questionable management but a good story and a commodity boom behind it, than a quality stock with barely any sentiment and hype around it.
    Keeping an eye on commodity prices is definitely worthwhile. It can help understand sentiment and guide you to the right sector for picking mulitbaggers.


    Trading Apparel
    https://hotcopper.com.au/data/attachments/1913/1913572-5a9cf5914f304c1b769f620770048cdd.jpg

    Last edited by demoniaco: 07/01/20
 
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