One of those periods/times where it may appear easier to look at a chart...ie. overall mkts been capitulating since 1st week of January, doomsday/contatagion firmly in play (for mine, it's played its crescendo)...won't guess if its done but have bought the dip.
US GDP firmly above estimates.
Unemployment at 3.9%
Covid less prevalent and will soon be treatable over the counter.
YTD for Nasdaq...15% drop.
S&P 9.8% drop
Dow 6.5% drop
High US inflation (brought on by US having a high Delta %).
Covid past peak.
All of the above and the current interest rate is basically 0%.?!
Take your bets either way but to me this indicates a period of strength ahead. Not all periods of a strengthening economy with raising interest rates, lead to a downward market. Figures such as the above GDP and Employment dictate an economy that can handle rate rises at a sensible implementation.
In any event, a quick listen to below helps in focusing where to place your funds.....
One of the most compelling fundamentals your likely view.
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Last
2.9¢ |
Change
-0.001(3.33%) |
Mkt cap ! $73.11M |
Open | High | Low | Value | Volume |
3.0¢ | 3.1¢ | 2.9¢ | $10.43K | 351.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 727540 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 130180 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 727540 | 0.029 |
9 | 952782 | 0.028 |
7 | 754185 | 0.027 |
4 | 749425 | 0.026 |
3 | 350000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 660654 | 4 |
0.032 | 17910 | 1 |
0.033 | 307717 | 5 |
0.034 | 519039 | 6 |
0.035 | 914611 | 7 |
Last trade - 15.53pm 11/09/2024 (20 minute delay) ? |
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