No I find the opposite, not watching it produces separation anxiety unless it's a Black swan week.
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i wouldnt want to own a retirement stock at the moment , if the virus got into one and infected everyone then no ones going to want to buy one going forward.
Fair enough diownz
I’m told depth doesn’t tell the full story as somehow bigger orders get traded fast and are often not seen on the depth........was a bit much to take in when explained to me.
So don’t look at depth much these days ...or even prices during the day that often ...that’s my choice anyway
The online brokers in the States used to provide something called 2nd level depth where you could see the sizes of the individual orders, much more useful.
Wonder if the brokers here have access to 2nd level depth but the punters don't?
Also large orders sometimes go through without seeming to display first if exactly matching volume.
Factually incorrect. This is the closing auction where no trades occur until near, at or just after 5pm. Bidders bid, offerers offer, and through this price discovery mechanism, a price is determined, at which all intersecting interests are matched at a single price. Same happens prior to the open every day too.
See post #1 here. https://www.sharetrader.co.nz/showth...-Trading-Times
Same match process thing happens in pre-trade. Any orders placed before market open are matched off based on price and depth to effect an opening volume weighted price at which the market starts trading for the day. All matched offers and bids in that matching process are executed at 10.00 a.m. for opening match and 5.00 p.m. for closing match.
Closing match is the one to watch and often a fair percentage of the days trade gets done by institutions in that process.
Looking at the other side of that, the retirement villages would be able to capitalise on many previously occupied apartments etc. that were bought much more cheaply and can now be sold at a profit. It might also reduce the amount spent on care.
While we are being cheerful, we might also reflect that the 1918 Flu virus took out the young healthy (shareholders :() not the elderly.