Normal
There is a lot of disruptive news in the markets with IO prices ATM, but the IO price is holding on fairly well. FMG saw another fall with their SP, but it is still not touched by a great deal of shorters to my surprise. Maybe an entry point for newcomers at the lower SPs. The US presidential elections with the possible entry of Trump has sent much fear into the markets. Another thing to see is how effectively Trump delivers the trade embargoes if he gets into office. Many economic analysts expect the US inflation to increase to high numbers with the entry of Trump.The FMG Sept quarterly result wasn't received too well by some, but one must expect the ups and downs of any commodity driven company. ( still holding)[ATTACH=full]186591[/ATTACH]
There is a lot of disruptive news in the markets with IO prices ATM, but the IO price is holding on fairly well.
FMG saw another fall with their SP, but it is still not touched by a great deal of shorters to my surprise. Maybe an entry point for newcomers at the lower SPs.
The US presidential elections with the possible entry of Trump has sent much fear into the markets. Another thing to see is how effectively Trump delivers the trade embargoes if he gets into office. Many economic analysts expect the US inflation to increase to high numbers with the entry of Trump.
The FMG Sept quarterly result wasn't received too well by some, but one must expect the ups and downs of any commodity driven company.
( still holding)
[ATTACH=full]186591[/ATTACH]
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