Our short term view and plan for equities

Nicholas Forsyth

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)


Comments

Please sign in to comment on this wire.