NZSX50 - Good News!

[Sgt Pepper]

Particularly if they are shares in his bank.!!! lol.

I wonder what Heartland bank WOULD say to a customer whose stated aim when borrowing money would be to invest in Heartland??

[Joshuatree]

There's always going to be some that think all is rosy and there's going to be others that think it's all doom and gloom. I don't have the luxury to call upon experience to help me figure out if we are at the market top and about to go through a correction (I began investing in the sharemarket early 2013, so all's been well so far). Some indicators suggest that yes, we have reached the top and it's all downhill from here, others suggest we may not be at the top yet and have some left to run. No doubt the correction for the NZX50 will come, but I wonder is it going to come right now?

Sure is a conundrum Bobby ; I'm scratching my head.Looks like another bath tonight on USA mkts. I have number of NZ stocks that have been fab and many are cum div; something is telling me not to wait for the divs (look at HNZ s/p stalling)and reduce weightings now to get some more cash out as a precaution as I've had a stellar run with them. It seems the US(despite the drops) and UK are the best of the rest of the global mkts and the rest are unwinding faster. Worth reading KW's posts' no doubt there. Goodluck.

[percy]

We live in interesting times.?!
I checked the charts of most of my NZ stocks last night.
Looking very strong;AIA,AIR,CVT,,EBO,FPH,SCL,SEK,SUM,TIL. total 9.
Undecided;AWK,HNZ,MEL,RYM,SKL..................... ................ total 5.
Shocking;IQE...................................... ................................. total 1. .
At this stage all look to be on modest ratios,and are paying good dividends,and have the capacity to increase them.
All have strong balance sheets.I also hold unlisted companies, which again are a mixture of the good,bad and the ugly!
Defensive ,diversified,aggressive stocks.
"Well positioned"???.."Poised"????....

[sb9]

Will be interesting to see how NZX hold up come Monday on the back of carnage happened on global markets overnight. Some players might see our market as safe haven in the short term at least?

[Nasi Goreng]

It amazed me yesterday that XRO, ATM and PEB were all pretty much flat for the day.

It's almost like The NZ share market was asleep. You have to consider the price of investing in NZ vs other markets. In the last 48 hours, global shares are a lot cheaper and comparatively, NZ got a whole lot more expensive.

[Xerof]

the overseas moves are too great to ignore, we can't escape damage come Monday. People take profits to cover losses elsewhere

the herd will react

so long and thanks for all the fish

look to buy about Wednesday.....

[bull....]

Security Name	Close	1 Day	3 Day	5 Day	10 Day	20 Day	30 Day
.DJI	16459	-3.1254	-6.0077	-5.827	-5.2631	-6.3154	-7.3276
.djt	7872	-2.7187	-5.8486	-5.3698	-4.5916	-2.4846	-4.0193
.dju	597	-1.1589	-1.3663	-1.2064	1.1093	6.0881	4.5607
^gspc	1970.89	-3.1851	-5.969	-5.7685	-5.1348	-5.2297	-5.0915
^ixic	4706.04	-3.5151	-6.9769	-6.7785	-6.6918	-7.5185	-5.8358
AUSTRALIA	5214.6	-1.3992	-1.667	-2.6498	-4.7523	-6.3151	-5.0516
BRAZIL	45719.64	-1.9927	-3.6467	-3.7643	-5.8821	-7.1607	-13.0657
CHINA	3507	-4.2849	-6.4301	-11.3175	-4.2206	-14.9596	-5.4546
FRANCE	4630.99	-3.1893	-6.8399	-6.5668	-10.1607	-8.4307	-5.5492
GERMANY	10124.52	-2.9492	-7.2421	-7.8344	-11.8904	-10.7771	-10.5262
HANG SENG	22409.62	-1.5285	-4.5343	-6.5917	-8.7276	-10.8199	-10.0062
INDIA	27831	-0.1686	1.0217	-0.1259	-0.8583	-1.246	-1.2093
JAPAN	19435.83	-2.9809	-5.4402	-5.2809	-6.2184	-5.3966	-2.1136
LONDON	6187.65	-2.8305	-5.1846	-5.5427	-7.9012	-5.9601	-7.2786
NEW ZEALAND	5751.19	0.152	0.7214	0.9609	-2.0017	-2.426	0.4515
Russel	1156.79	-1.3416	-4.7125	-4.6096	-4.152	-5.6444	-7.6061
the 2 best indices as highlighted nz and dow jones utilities over the last week to mth
even after last night drop utilities were down 1% compared to 3% on other indices
so if you have a diversified portfolio guess you wont be panicked will you?

[Joshuatree]

Nah too late to panic after last nites drop

[ratkin]

just see DOW lost over 500 that cant have happened often before. Better start doing some research on some likely beat ups. Been waiting a long time for a good correction, all cashed up and ready to go when time is right

[pierre]

[QUOTE=bull....;

so if you have a diversified portfolio guess you wont be panicked will you?QUOTE]

No panic here - my diversified NZX portfolio (20 companies) increased in value by $10k yesterday. Not so sure the result will be the same on Monday though - almost certain to be some US contagion.