Expecting a strong upday Tuesday. Lithium rebounding, Uranium strong, Gold and silver stocks should have a good day, crypto strong, iron ore maybe a bit quiet, natural gas remaining bullish, banks, fintech, technology, semiconductors all looking strong, yep, should be an ok day.
Fear has gripped Australians today, (except I'm buying), market is going to plunge into an abyss, sell everything, sell your house, sell your kids, the end is near, the second coming of Jesus is about to strike you between the eyes. Meanwhile if you're a goody good two shoes nothing matters, carry on. Run like hell you pussies...
It has been happening for a month, and it is not over yet. Facebook just posted an outlook that says some people on this planet will be going to their competitors, like Instagram. The world is now over. Evilmouse, you got a bomb shelter I can move into there in upside-down land?
Nevermind. The bombs have already fallen, and your brain has been affected by the radiation poisoning. The HELL that animated .gif was all about. *sniffs* I'll just hop on over to New Zealand where they got hobbit holes and Xena holes. *wink*
Expect another thrashing today but metals/mining is not a spent force yet, more upside to come just not today (Friday). Use these sorts of days to accumulate your hotty favourites, I have about 6 favs atm with limit buy orders in the system with broker. Just a few moments ago placed a limit buy on a nat gas stock I hold, topping it up to 1000,000 shares.
No thrashing yet but bearing in mind it's Friday which often is a selloff day. To the contrary so far, today it's turning very green. One standout is CNB Carnaby Resourses which struck more copper in the Mt Isa region of NT, up 40% so far today.