The Afterpay Touch Group Ltd [ASX:APT] share price plummeted nearly 19% in trading yesterday, closing at $11.35. This is less than half of the tech stock’s value compared to only two months prior — when it hit a record high on 27 August of $21.13.
There is another way to play this market. It enables you to take a position in either direction. You can also set up a trade that captures a move, whichever way it goes. And how do we do that? Through the use of option trading.
At stake is an estimated market of $200 billion — with more growth on the horizon. Here's why Aussie pot stocks have potential...
Meaning a short, sharp decline in stock prices could cause a chain reaction for something bigger: a full blown recession. Things really seem to be heating up. And if the worst does happen, I want you to do this…
Emeco Holdings Ltd [ASX:EHL] is up 9.3% today, trading at a share price of $.375 on the back of a high volume of trades.
The A2 Milk Company Ltd [ASX:A2M] share price has soared this morning up by 7.86% to $9.74, a gain for $0.71 within the first half of trading. The jump comes on the back of a steady increase yesterday of 1.5%, much to shareholders relief.
The recent correction represents a decline of just over 9% from the peak. That compares to a decline of 5.1% earlier in the year. That is a solid dumping of stocks. Why the panic?
In just a few days, gains from the ASX 200 disappeared. US investors are looking at a similar situation. Investors are selling almost everything…the good, the bad, and the ugly. Is now the time to invest in tech stocks?
The thing about valuations is that they don’t matter until they do. What do I mean by that? In the midst of a bull market, investors ignore valuations in the belief that earnings will rise in the future and therefore justify today’s higher values.
National Australia Bank Ltd’s [ASX:NAB] share price lifted slightly this morning, gaining 25 cents shortly upon opening. At time of writing, NAB shares are trading at $25.75.