This is precisely what's happening. The market is overreacting to ensure the Fed give sthe 25 - 50bps rate cut that it wants.
Also September is typically weak anyway and this sort of overall market behaviour is typical in an election year.
THE SQUEEZE IS ON, page-3091
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Last
$8.33 |
Change
-0.430(4.91%) |
Mkt cap ! $2.490B | |||
| Open | High | Low | Value | Volume |
| $8.61 | $8.68 | $8.28 | $23.77M | 2.809M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9135 | $8.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.36 | 2699 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |