hi Dave Happy New Year to yourself and everyone else
Financials were the third best performer last year and I expect it to continue as rates rise from historic lows.
energy of course was the best at 33% for the year and my uranium stocks are 10 baggers for last year. this year is starting off the same so far.
I see MQG as continuing to do well.
But I also agree with you that I would look for the hammers down before buying or topping up this year. We should see money flow from the ASX into term deposits as QE unwinds and rates start rising.
The spx? I said a few months ago I saw 3400 spx as possible but there are a lot of layers of support above that level.
as i said before your charts are very accurate and highlight the $209 level on mqg i picked on mqg a few months back as a pivot point
cheers Cha
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