From observation, it seems that money is flowing back into growth stocks..US 10 Y yield is now back to 2.38% and it was 3.22% just back in November. People are factoring in a recession coming sometime within a year or two and that interest rates have to drop again in the US. Growth stocks will command a higher valuation with interest rates dropping.
This will help support the rally that is ahead of Catapult.
From observation, it seems that money is flowing back into...
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Last
$2.43 |
Change
-0.040(1.62%) |
Mkt cap ! $638.2M | |||
| Open | High | Low | Value | Volume |
| $2.38 | $2.45 | $2.33 | $2.028M | 853.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4218 | $2.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 4218 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CAT (ASX) Chart |