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
$3.50 |
Change
0.010(0.29%) |
Mkt cap ! $638.2M | |||
| Open | High | Low | Value | Volume |
| $3.49 | $3.60 | $3.42 | $4.089M | 1.168M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4772 | $3.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 2362 | 1 |
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| Last trade - 16.10pm 21/11/2024 (20 minute delay) ? |
| CAT (ASX) Chart |
