Black Monday

[mike2020]

US and european futures are looking decidely ugly for start of trading next week.
Dow showing a nearly 500pt drop to open next week at this stage and you need to remember these drops are occuring on news of a variant in other countries. what will happen when they announce a case in the US

Apparently the symptoms are quite mild with the new variant. It might just be trading news yet.

[bull....]

Apparently the symptoms are quite mild with the new variant. It might just be trading news yet.

maybe with both i think you need more time to know.

lot of people on thanksgiving holiday so they will return and make there decisions next week
we will have the end of mth print as well to help with reading the tea leaves too
see how next couple of sessions on wall st go to get a better read.

[alokdhir]

'Red on the screen': How hard will Omicron hit New Zealand share market?

Lister says he expects the New Zealand market to play catch-up with the international mood on Monday.
"There will be red on the screen," he says.
"Investors have had the whole weekend to follow the developments and there will be an impact as caution ramps up."
As has been the case in the past, Lister expects travel stocks and businesses dependent on travel to be hit the hardest by news this week.
He told the Herald he would be keeping a close eye on stocks like Air New Zealand, Auckland Airport, Serko and SkyCity on Monday morningLister puts this down to the fact there simply hasn't been as much optimism pumped into the market in the past year, but also because some of our biggest players aren't as sensitive to the economic impact of lockdowns and travel restrictions.
He points to the Spark, Chorus and electricity companies Mercury and Meridian as examples of businesses that should hold steady as the market digests the impact of the Omicron variant.
Fisher & Paykel Healthcare could, in fact, see an increase in investment in the coming days.
"Money will move to safer stocks during this period of uncertainty," he says.

Lister says FPH will benefit from this including other defensive stocks like Electric companies etc

[Ggcc]

Tomorrow will be a down day while the market tries to process the new variant

[couta1]

Tomorrow will be a down day while the market tries to process the new variant

You mean the panickers will panic and the rest will do nothing.

[nztx]

You mean the panickers will panic and the rest will do nothing.

Sounds like a deferred Covid dip to me to add to recent retreats

perhaps the boys & girls will be out getting some retail therapy instead
& be too busy to notice

[nztx]

'Red on the screen': How hard will Omicron hit New Zealand share market?

[FONT="]Lister says he expects the New Zealand market to play catch-up with the international mood on Monday.[/FONT]
[FONT="]"There will be red on the screen," he says.[/FONT]
[FONT="]"Investors have had the whole weekend to follow the developments and there will be an impact as caution ramps up."[/FONT]
[FONT="]As has been the case in the past, Lister expects travel stocks and businesses dependent on travel to be hit the hardest by news this week.[/FONT]
[FONT="]He told the Herald he would be keeping a close eye on stocks like Air New Zealand, Auckland Airport, Serko and SkyCity on Monday morningLister puts this down to the fact there simply hasn't been as much optimism pumped into the market in the past year, but also because some of our biggest players aren't as sensitive to the economic impact of lockdowns and travel restrictions.[/FONT]
[FONT="]He points to the Spark, Chorus and electricity companies Mercury and Meridian as examples of businesses that should hold steady as the market digests the impact of the Omicron variant.[/FONT]
[FONT="]Fisher & Paykel Healthcare could, in fact, see an increase in investment in the coming days.[/FONT]
"Money will move to safer stocks during this period of uncertainty," he says.

Lister says FPH will benefit from this including other defensive stocks like Electric companies etc

NZ gates conveniently left wide open .. all set for the sneaky Covid mutation to to do a few backflips again in
through the side door via indirect destinations while the tired guard dog peacefully doozes away unaware of anything ..

And Covid outsmarts our Dreaming Health Officials (yet again) while they were away indulging in their tea & cream buns..
and admiring Hipkin's uncanny ability to spin Opening everything gaffs and little else ..

LOCKDOWN overseas in Europe means GATES Wide open in NZ ..

What planet did our Galoots overseeing this dozy exercise for keeping things out when they
feel like it (and doesn't result in a coating of egg on their faces) come from ?

In no time Govt will have to resign up to the fact that they have sk&ewed up badly yet again as a wave of mutated Covid
sweeps the country .. while they're still dreaming about effectiveness of the last lot of Jabs rapidly reducing .. and if the
whole exercise needs to be repeated to charge up the defenses ..

The leaky sieves (MIQ) will still continue to leak and groan as the mutation sneaks past the idle sleeping like the overly
restless couped up captives who will still carry out their missions jumping the fence ..

[Panda-NZ-]

NZ gates conveniently left wide open .. all set for the sneaky Covid mutation to to do a few backflips again in
through the side door via indirect destinations while the tired guard dog peacefully doozes away unaware of anything ..

LOCKDOWN overseas in Europe means GATES Wide open in NZ ..

Winter over there vs summer here.

The economy is in deep freeze in many countries over winter anyway.

[alokdhir]

When all are looking to big down day then good chance we may close positive ...Opening maybe at lowest point then slow grind up ...

[iceman]

NZ gates conveniently left wide open .. all set for the sneaky Covid mutation to to do a few backflips again in
through the side door via indirect destinations while the tired guard dog peacefully doozes away unaware of anything ..

And Covid outsmarts our Dreaming Health Officials (yet again) while they were away indulging in their tea & cream buns..
and admiring Hipkin's uncanny ability to spin Opening everything gaffs and little else ..

LOCKDOWN overseas in Europe means GATES Wide open in NZ ..

What planet did our Galoots overseeing this dozy exercise for keeping things out when they
feel like it (and doesn't result in a coating of egg on their faces) come from ?

In no time Govt will have to resign up to the fact that they have sk&ewed up badly yet again as a wave of mutated Covid
sweeps the country .. while they're still dreaming about effectiveness of the last lot of Jabs rapidly reducing .. and if the
whole exercise needs to be repeated to charge up the defenses ..

The leaky sieves (MIQ) will still continue to leak and groan as the mutation sneaks past the idle sleeping like the overly
restless couped up captives who will still carry out their missions jumping the fence ..

NZ's borders are far from "wide open". They're all but closed.There are no "lockdowns" of borders in Europe (only Israel has done so at this stage). Most countries at this stage have simply closed entry from foreign nationals coming from a few countries in Southern Africa and own citizens/residents have to do tests and maybe a few days of home quarantine !!