Black Monday

[alokdhir]

Total Market Cap / GDP ratio is considered to be a good guide about the depth , participation and vibrancy of any country's financial health ...but it also indicates over exuberance levels too

USA ratio is almost 2 while NZ its 0.5 ...China = 0.65 ...India = 1.3 ....OZ = 1.15

[bull....]

market doing well again , nvidia 745

looks like profit taking setting in, over brought i guess. bitcoin going gangbusters from them etf flows ?

[causecelebre]

looks like profit taking setting in, over brought i guess. bitcoin going gangbusters from them etf flows ?

For a time NVDA had a market cap higher than Amazon. I took a little off the top at the close on Friday as I’m want to do.

I think there’s a ramp up to the halving now though I wonder if the ETF’s were trying to get a better entry after the sell the news pull back. Regardless bitcoin has been on a tear for the last year. My bitcoin entry has been before my NVDA and is why I, rightly or wrongly, bought into Nvidia in the first place

[Filthy]

SML, RBD, FBU, SKC, WHS... plus probably a few more to add to the list (CVT? RYM?) - some great NZ companies which are just getting destroyed by poor leadership.... puts into question if we have enough senior business talent here eh?

[clip]

looks like profit taking setting in, over brought i guess. bitcoin going gangbusters from them etf flows ?

bitcoin only just getting started for the year. yes ETF flows will bring money in, also next bitcoin halving is in 62days.. see price action after the previous 3 halvings, we are at the early stages of the next bull cycle for crypto
https://charts.bitbo.io/halving-progress/

[Joshuatree]

Total Market Cap / GDP ratio is considered to be a good guide about the depth , participation and vibrancy of any country's financial health ...but it also indicates over exuberance levels too

USA ratio is almost 2 while NZ its 0.5 ...China = 0.65 ...India = 1.3 ....OZ = 1.15

"If the ratio falls between 0.75 to 0.9, or 75% to 90%, it is said to be modestly valued or valued fairly. Lastly, if the ratio falls within the range of 0.9 to 1.15, or 90% to 115%, it is considered to be a modest overvaluation of the market."

[Panda-NZ-]

SML, RBD, FBU, SKC, WHS... plus probably a few more to add to the list (CVT? RYM?) - some great NZ companies which are just getting destroyed by poor leadership.... puts into question if we have enough senior business talent here eh?

Further proof we need to consider statehood with Australia.

Yes I recognise the fletch ceo is an aussie but he did inherit bad legacy management from us kiwis (see rym, rbd etc).

[Filthy]

Yes I recognise the fletch ceo is an aussie but he did inherit bad legacy management from us kiwis (see rym, rbd etc).

yep, think it all extends to the next tier down as well; not just CEOs CFOs, CIOs etc, but GMs, business unit leaders etc. Just not good enough. How many of our listed companies end up needing 'strategic reviews' by external consultants?

[Valuegrowth]

Eventually, it will blow up like every other over-expansion has, but in the meantime savvy investors are making a killing and they will probably be quick to get out and save their profits, unlike those who stand on the sidelines in awe of the outrageous gains that they had no idea of how to get into, or when, let alone how to get out of, or when, with a profit, or worse the followers of these talking heads who buy hold and get their capital crucified when it turns to custard, which it will.

You don't need these people to tell you how or when to invest your money, they're all shills for whatever they're promoting. Just follow the money, get in when it's right, get out when it's right, ignore the shills, they just f*ck your head up, best ignored.

Always good advice. Thanks. I agree savvy investors and smart traders are good in selling too. At times staying in stock market can be very scary. Still, I can remember how I escaped. I was very bad in selling but now I can take selling decisions according to the situation. I thought investment means buying only. Now I think selling also should be in our investment process.

[bull....]

profit taking in markets today

Prices rose more than expected in January as inflation won’t go away

https://www.cnbc.com/2024/02/13/cpi-...t1percent.html