Volatility spiking in some stocks - see which ones
We're starting to see some decent volatility in particular sectors...with Iron Ore and Oil front and centre. Have a look at Fortesque (FMG) over the past three weeks. The standard deviation on it's daily price has been a pretty staggering 3.9% - Hence why traders like it... Another decent down day expected after Iron Ore dropped -4% on Friday night + Oil also got crunched - down -4.9%. Commodities still a v'hard place to be at present...more here (VIEW LINK)
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James is the Lead Portfolio Manager & primary author at Market Matters, a digital advice & investment platform with over 2500 members that offers real market intel & portfolios open for investment. He is also a Senior Portfolio Manager at Shaw and Partners heading up a team that manages direct domestic and international equity & fixed-income portfolios for wholesale investors.
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