Nothing in the green on my entire watchlist of 30 stocks...
Good time to buy up guys
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Nothing in the green on my entire watchlist of 30 stocks...
Good time to buy up guys
Fundamentally nothing has changed. This is still an excellent growth story. It was trading on big multiples and had got ahead of itself.
NZ dollar dropped below 73c to USD today. It will come under a lot of pressure with rising US interest rates and greater risk aversion. Helpful to SML as an exporter.
Unfortunately we all get to wear a straight jacket tomorrow while our market is closed due to a public holiday that most kiwis don't give a toss about. For the self employed like myself, a random Tuesday holiday is just a pain in the rear end, made worse by no market access at a time when you most want it. PS-US markets will probably be on the rise by the time we can do anything.
Could turn out to be a blessing the N.Z. market closed today, (after that big fall in the U.S. market) if the overseas markets catch a bounce overnight tonight.