Been busy with a few projects as it's pointless looking at SP daily when markets are adjusting.
Current NOV SP is a bargain as are many tech/growth shares at the moment. NOV has/had quite a few weak holders hence the sell off.
NOV business is growing fast & fundamentals remain unchanged.
The Ukraine issue has indirectly bailed out all central banks globally. The central banks will pump more money into the system now.
US market was down 900 points & finished nearly 100 points in green = 1,000 point intraday turnaround due to the US Fed buying the market.
Interest rate rises will most likely be less than futures markets are indicating. The market will realize sooner or later.
Russia situation, page-16
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