AFF Member Stock Discussion

More modest rise here - 6% on open and tracking fairly flat.
Then drops back to 4% up

Tend to agree this is more likely to be a false rally
 
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APT is racing away. Couldn't pull myself to buy yesterday.. Will sell what I can today of APT that I've already got and wait.
 
APT is racing away. Couldn't pull myself to buy yesterday.. Will sell what I can today of APT that I've already got and wait.

Guess some think all their target market queuing at Centrelink will be spending at the closed retail outlets in very short order.
 
After holding for just 2 days sold:

WAM
SHL
CSR
CGF

Let the roller coaster continue!
 
BBUS is the US equity market and BBOZ is magnified returns at 2.4x leverage so all very different ETFs. BEAR just provides negatively correlated returns (no leverage).
Yep, and BBUS is not hedged so FX introduces another variable. The leverage on BBOZ is not for my risk appetite. Almost the entire ASX is leveraged to some extent on debt, and that's enough leverage for me.
 
Three days straight of green in the US as unemployment and Covid explodes. Not what I'd been expecting.

US will probably overtake China in number of cases tomorrow
 
Three days straight of green in the US as unemployment and Covid explodes. Not what I'd been expecting.

US will probably overtake China in number of cases tomorrow
They just did I think. Based on what has been happening this week, that will probably lead to about 5% gain tomorrow.
 
Pretty good day.. who woulda thunkit.. maybe we have dodged the first bullet.
Of course the dividend drought has started.. AMP today.. no dividend at all ( what a surprise.. I inherited them I didn't buy them..)
 
What are people's thoughts on whether this is the bottom of the sell-off?

Given the recent gains its hard to hold back and not enter due to a case of FOMO. I'd kick myself if I missed out so invested according to my conviction that stocks have bottomed (30%)
 
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What are people's thoughts on whether this is the bottom of the sell-off?

Given the recent gains its hard to hold back and not enter due to a case of FOMO. I'd kick myself if I missed out so invested according to my conviction that stocks have bottomed (30%)
Significant bottom last week. FOMO likely exists for many that didn't act seeing the large gains in quality stocks since the bottom.

Whether there will be another bottom is a separate matter.
 

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