Author: james Carter
Stock
Viva Energy
ASX 200 & S&P 500 – Taking short positions
Event
Overnight stocks were sold off pretty hard with the broad based S&P500 down -1.37% and the Dow Jones falling -328 points for its ninth decline in 10-days. The ASX200 is set to open just below 6150, already a 100-point decline from yesterday morning’s high and likely to generate technical sell signals for MM. Last night’s weakness on overseas markets was the worst since April and was primarily attributed to further trade tensions courtesy of Donald trump, potentially one step too far for a bull market that’s trading at historically expensive levels. It’s time to look into short positions in the market.
Stock
Metcash (MTS) $2.88 as at 25/06/2018
Stock
Credit Corp (CCP) $17.74 as at 22/06/2018
Really bullish, there's more to go in the reflation rally
Please enter your login details
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
To reset your password, enter your email address
A link to create a new password will be sent to the email address you have registered to your account.
Enter and confirm your new password
Congratulations your password has been reset
Sorry, but your key is expired.
Sorry, but your key is invalid.
Something go wrong.
Only available to Market Matters members
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Smart Phone App
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
