6.43BMarket Cap2.45P/E (TTM)
24.810High23.910Low477.05KVolume24.590Open24.500Pre Close11.61MTurnover33.84052wk High0.18%Turnover Ratio267.68MShares22.63052wk Low9.811EPS TTM6.43BFloat Cap33.840Historical High1.72P/E (Static)267.68MShs Float12.220Historical Low13.999EPS LYR3.67%Amplitude--Dividend TTM0.83P/B1Lot Size--Div YieldTTM
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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