From the guy who said he can read any chart.
If oil was dirt cheap then, what is it now?
I have actually gone long this morning. I hopefully there is a short covering rally, but we will see.
Sorry to bring down the tone, but this guy takes the cake for slagging everyone else. 12 screens!🤣
Can someone please tell him as I think he's blocked me.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
A lot more money to be sucked out of the NZ economy yet. Talking to a mortgage broker the other day and he reckoned less than 50% of his book had rolled onto higher rates yet. And this is why the Reserve Bank should wait to see the impact of what they have already done. However my faith in Adrian Orr has been shot to pieces in the last few years.
A lot more money to be sacked out of the NZ economy yet. Talking to a mortgage broker the other day and he reckoned less than 50% of his book had rolled onto higher rates yet. And this is why the Reserve Bank should wait to see the impact of what they have already done. However my faith in Adrian Orr has been shot to pieces in the last few years.
The RBA in Aussie are in a similar 'maximum pain infliction' mode on vulnerable borrowers
across the ditch as well - with recent base interest lift
Probably considerable carnage on the way there too
I think a few will have whiplash overnight. Fridays are always good for a short covering rally. Inspired by Apple & jobs Data. I wouldn't be surprised tosee the market reinterpret that jobs number as a negative due to the inflationary impact and hence more rate rises.
Swapping out my short S&P for long oil proved to be very profitable. Out of both for now, but thinking of reshorting US equities.
Something to learn from great value investor. Sold 8 stocks and bought 2 stocks. Has sold off most of its holdings in semicondutor(TSM), cut its investment in U.S. Bancop(USB) by 91% and in Bank of New york Mellon(B) by 56%. https://www.kiplinger.com/investing/...ng-and-selling
Last edited by Valuegrowth; 06-05-2023 at 09:21 PM.
Originally Posted by Daytr
Reply With Quote
Bookmarks