Once interest rates start to move lower, that would probably be my trigger, especially interest rate sensitive sectors such as housing.
It interests me that share prices are lower now, when it looks like interest rates are going to stay higher longer, than when they were when rates were just high. And swap rates (whatever they may be), at least, are lower now. (I think). I guess it's the recession.
Yet, if you are just looking at Turkey’s stock market, you’d think it’s an incredible place to put money to work. The benchmark BIST 100 index is up more than double the S&P 500 so far this year, making it the world’s second-best performing large-cap index, after the U.S.
Last edited by Valuegrowth; 18-06-2024 at 08:09 PM.
Guy on telly can’t really work out why when there’s a new high in the Nasdaq more stocks falling to 52-week lows than rising to 52-week highs ……and that’s happened 9 days out of the past 20.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Guy on telly can’t really work out why when there’s a new high in the Nasdaq more stocks falling to 52-week lows than rising to 52-week highs ……and that’s happened 9 days out of the past 20.
Guy on telly can’t really work out why when there’s a new high in the Nasdaq more stocks falling to 52-week lows than rising to 52-week highs ……and that’s happened 9 days out of the past 20.
Not a broad market rally. The big tech is doing the job. It's due for a massive sell-off. I found a golden egg trading at a pe ratio of 10 in Nasdaq. kept on my radar.
Last edited by Valuegrowth; 19-06-2024 at 09:53 AM.
Originally Posted by bull....
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