those watching sto will have noted some weird moves recently with oil price rising when USD did - and falling when USD fell.
this is also showing up in other commodities - but not gold - which is its own little special thing.
at the same time, broader equity markets have started to rise when they expect rates to go up, and fall when rates then stayed unchanged - also counter the normal trend of past 5 years
historically these are big danger signs - when all the 'established' market mechanics start changing.
be very careful as this means HFT algorithms can play lots of shenanigans with individual, highly liquid stocks like STO
and usually it has also meant a big fall before its over
- Forums
- ASX - By Stock
- STO
- the counterintuitive trend tells me the market is in trouble
the counterintuitive trend tells me the market is in trouble
-
-
- There are more pages in this discussion • 119 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.90 |
Change
-0.060(0.86%) |
Mkt cap ! $22.40B |
Open | High | Low | Value | Volume |
$6.97 | $6.99 | $6.89 | $75.56M | 10.79M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 101550 | $6.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.92 | 24252 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 24337 | 6.890 |
14 | 47404 | 6.880 |
7 | 26400 | 6.870 |
14 | 30290 | 6.860 |
29 | 59133 | 6.850 |
Price($) | Vol. | No. |
---|---|---|
6.920 | 22700 | 2 |
6.930 | 9333 | 2 |
7.000 | 628 | 1 |
7.020 | 13000 | 2 |
7.030 | 100000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
STO (ASX) Chart |