Originally posted by ChippyDude
We arnt the USA Market, we are the ASX Market, we never had a 30% rise in the ASX like the US Market did, we dont have Apple, Google, Amazon, Facebook on the ASX so when those shares move it dosnt effect us here.
Plus KTD is not a Bluechip stock, its a Growth stock, with new Products on the way, to sell to China and Asia.
How is KTD even remotely affected by the US Market, KTD has no intention to sell Goat milk powder to Donald Trump.
The Money flowing out of Blue chips will put cash back into trading accounts, and that cash could be looking for value in small Cap Growth stocks like KTD.
It's all risk management, people don't move money from safer plays to risky pennys.
LOL, How does US markets affect asx! how old are you? 18? time to learn son.
Bull markets gone