Our short term view and plan for equities
World stock markets hardly moved overnight but we saw further weakness from our resource stocks with BHP looking to open ~ $19.80 down another 2.8%. BHP will now be down 6.9% from its high last Thursday. We stick with our view that on number of matrices, which includes risk / reward, we cannot be long iron ore stocks now. (VIEW LINK)
Market Matters is an online investment and share trading advisory service designed for those that want to take their wealth further. We specialise in advice for active share market investors, including those new to the markets or those with a Self...
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