Good morning guys, it is not good day for entire market. From my morning reading, all news stated underneath American economy is strong at present. US Fed going to lift interest rate up 3-5 times this year. Our Reserve Bank may start to lift interest in next half year. No more cheap money, that shaked market. it was a market correction. It hasn't happened for sometime.. It is time. I have witnessed this many times. It may be an opportunity to pick up some good stock if you have spare money. As Warren Buffet said when everyone is selling, it is time to buy, when everyone is greedy it is time to sell.
Look ASX (MQG ) Macquarie Group ups full-year earning guidance, profit would be up about 10% percent on the previous year's record. Now at time of writing , stock down $ 5.62 (- 5.44% down ). Not a good time for an ANN. But it will come back if not real bubble. Good luck. Soldier on. Don't panic.
QBL Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
