Panic is Building through to the price of eggs!
Nicholas Forsyth
Market Matters
The current 34% crash in the Chinese stock market (chart 1) has created waves of selling through other markets, as investors panic to raise cash – in China on Wednesday, aggressive selling was witnessed in everything from eggs to sugar and even pig food. Whether the selling is because people have to cover margin calls, or simply because of the belief that the share market correction will lead to problems for the Chinese economy, the result remains the same. The important thing to remember is the collateral damage of panic selling across all markets leads to excellent opportunities to purchase great stocks at good prices. (VIEW LINK)
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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 Managed Super Fund (SMSF). As a member, you will receive twice daily and weekly trading and investment advice focusing primarily on ASX equity investments. Additionally, we share his market positions and provide an ongoing outlook on key stocks and markets that matter. We provide clear share trading and investment buy and sell recommendations with the clear aim of outperforming the market. https://marketmatters.com.au/
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Nicholas Forsyth
Director
Market Matters
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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