|
markedestiny
|
Aug 14 2018, 05:13 PM
|
|
QUOTE(Boon3 @ Aug 13 2018, 11:33 AM) Take the following article... https://www.cnbc.com/2018/07/23/goldman-tar...ies-to-win.htmlBut the market in general seemed to had ignore it..... Now comes Turkey.... yes, agreed that the market is overly optimistic...
|
|
|
|
|
|
markedestiny
|
Aug 15 2018, 02:52 PM
|
|
QUOTE(Boon3 @ Aug 15 2018, 11:17 AM) Yup. Overly optimistic. The trade tariffs imposed on so many countries questions the relevance of WTO. Say goodbye to free trade. ....and how about inflation? Won't the 25% here, there and everywhere will easily inflate things up fairly fast? when 2008 happened, i read that the market was optimistic too
|
|
|
|
|
|
markedestiny
|
Aug 15 2018, 05:26 PM
|
|
QUOTE(Boon3 @ Aug 15 2018, 04:22 PM) As you can see above, the earnings trend HAD BEEN DOWN for quite sometime already... meaning to say, yesterday shitty earnings WASN'T UNEXPECTED... BUT look at the 3 month stock trend on the right of the above screenshot... The stock used to be trading around 20+ sen... It was above 44 sen yesterday??  Maybe the greater fool theory at play here
|
|
|
|
|