I have been surprised that even my so called “defensive” stocks like CEN and MEL have been savaged badly as well. Bears, apart from yours truely, are not very friendly beasts are they :mellow:
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I have been surprised that even my so called “defensive” stocks like CEN and MEL have been savaged badly as well. Bears, apart from yours truely, are not very friendly beasts are they :mellow:
Without doubt going to the ASX for a start
#1-the ASX has underperformed most major markets for many years now --the ASX really backed by commodities (biggest GOLD EXPORTER in the world)
#2-NZD/AUD near it highest your 100k NZD will secure you $98K AUD
#3-CORVID19 is a black swan event IT IS AND WILL CONTINUE TO CRASH THE BUBBLE MARKET
#4-Zero to negative rates are coming
#5-Tourism comprises an important sector of the New Zealand economy, directly contributing NZ$12.9 billion (or 5.6%) of the country's GDP in 2016, as well as supporting 188,000 full-time-equivalent jobs (nearly 7.5% of New Zealand's workforce).
One thing I hate about ASX market is ... shorters! Heaps of them...the shares up and down like yoyo....
Any gaming companies listed on sharemarket? If schools close then all those kids buying online gaming etc to keep kids occupied.
Activision on the US market
use Hatch