757.39MMarket Cap-31538P/E (TTM)
4.180High4.000Low947.87KVolume4.000Open4.040Pre Close3.88MTurnover0.53%Turnover RatioLossP/E (Static)184.73MShares5.05052wk High2.16P/B740.64MFloat Cap2.98052wk Low--Dividend TTM180.64MShs Float5.400Historical High--Div YieldTTM4.46%Amplitude1.760Historical Low4.089Avg Price1Lot Size
cheerfulknight : Hi, is commodities heading up after rate cuts? With the full unwinding of JPY in the near term and coupled with interest rate cuts, USD will depreciate and stock market would drop too?
iamiam OP cheerfulknight : when the markets drop, everything drops. commodities recover faster and stronger. there is a new round of price discovery coming. for the first time in nearly 50 years, everything will be adjusted.
do I think everything will drop initially in the new price discovery? yes.
do I know when the new price discovery will take place? no, although I can guess September at the BRICS meeting.
I just know I want to hold commodities because they trade 1:1, nvidia, for example, trades at 40 times profit to earnings. which one gets sold first during price discovery
cheerfulknight : What is your analysis for QQQ and SPY today?
iamiam OP cheerfulknight : today, Friday the 6th? flattish to down. I don't like anything yet.
cheerfulknight iamiam OP : Hi, after the rate cuts, is tech stock leading the rally this time round again?
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