Its large cap vs small cap. Santa is on his way!
What happened to Santa?
- Thread starter Rob_ee
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nope , not crazy small investors chasing long-term yields ( divs . ) the big banks and food retailers , and some cherry-picking their concept of 'safe-havens ' ( BHP , BXB , GMG as examples)
looks like the Aussie small investor is doing what they can
maybe the ASX will get that rally after all ( it just might not be super-huge )
looks like the Aussie small investor is doing what they can
maybe the ASX will get that rally after all ( it just might not be super-huge )
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remember there will be SOME seriously considering reducing any non-mortgage debt ( and maybe paying down the mortgage faster as well )
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Ok with that but.
That does not explain why ggus reflecting a geared bull view of nyse stocks is positive when its reference is deeply down..
I can not complain.i still have a sizable packet of ggus but still, imho makes absolutely no sense, and defy the purpose of bbus / ggus
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from memory both GGUS and BBUS ( and BBOZ ) use FUTURES contracts as their reference points
The fund aims to provide geared exposure to the returns of the U.S. share market, hedged to Australian dollars. There is no assurance or guarantee that the returns of the fund will meet its investment objective.
current futures according to Investing.com
and there is a currency hedge component as well , so the futures might be negative but the FX positive
by the way i think the whole market lost logic back in March 2020 ( or before )
The fund aims to provide geared exposure to the returns of the U.S. share market, hedged to Australian dollars. There is no assurance or guarantee that the returns of the fund will meet its investment objective.
current futures according to Investing.com
and there is a currency hedge component as well , so the futures might be negative but the FX positive
by the way i think the whole market lost logic back in March 2020 ( or before )
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Yes kind of but still supposed to match the actual market in a way.if future is always up but market falls day after day, i do not expect ggus to keep going up.
Anyway it is what it is...
Just trying to access options in the US. Saxo anyone?
And do put call on the actual Dow Jones, Nasdaq etc..that should remain true to form
Our brave Aussie battlers holding the market well. Even CIM's bag got darned today, how's that?
Predow green tonight which gives us courage. You may be right, divs4ever, Kevin, Santa is about
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i don't expect a huge rally ( setting new records ) but i suspect many retail folk are like me .. super-cautious but they NEED to park some cash reserves in a better place than the term deposit , what we might have is fewer short-sellers working against us ( for the next month ) so any rally will face less resistance ( mostly genuine sellers taking profits )
just be careful the market volume ( No. of shares ) might be quite light this week
just be careful the market volume ( No. of shares ) might be quite light this week
I think seasoned investors/traders are very cautious of this volatility. I leave no money on the table, that's how skittish I am, only working on a day to day basis these days. (although I still have a small amount in dividend paying stocks, eg, banks, reits and infrastructure, the latter, I suspect won't fare well with Manchin's knockback) Poor qldfrog was so puzzled by Santa's green frock today (I think quite a number are too) You have a great evening, divs4ever, catch you tomorrow, take care
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i was surprised be the size of the rally today i was looking for a milder but selective rise , but then the day's trading could have been thinner than previous weeks ( which was already slimming down except for the options expiry dates )
have kept ( most of ) the cash on the table although some of that is 100% profits running
in SOME stocks i am so far up , it would be difficult to get those entry prices again and others they are paying crazy div. rates compared to my buying price
and i focused more towards div. paying stocks right from the start of my investing adventure
BTW there is reasonable chance some more take-overs will complete ( API , AST , WSA and ZEL ) so the cash is likely to keep coming for a while in 2022 )
have kept ( most of ) the cash on the table although some of that is 100% profits running
in SOME stocks i am so far up , it would be difficult to get those entry prices again and others they are paying crazy div. rates compared to my buying price
and i focused more towards div. paying stocks right from the start of my investing adventure
BTW there is reasonable chance some more take-overs will complete ( API , AST , WSA and ZEL ) so the cash is likely to keep coming for a while in 2022 )
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Wondering how far we'll go today given some news of no lockdown from Biden and Manchin making an offer of 1.8T to Biden excluding some taxes. Market did a reversal last night. What was red the night before were green last night. Utilities and Consumer Staples did a turn around last night and went red, the only 2 red sectors overnight, divs. SPI according to my chart is up 11 points. We've had a massive jump into the green yesterday, not sure we can do it today, but good luck, everyone
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GGUS will probably fall 
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well no,GGUS up again, should not complain another $400 on paper but WTH
ASX flatish but my shares up..whereas i was losing yesterday..Xmas is coming..in the voice of "Omicron is coming"....;-)
ASX flatish but my shares up..whereas i was losing yesterday..Xmas is coming..in the voice of "Omicron is coming"....;-)
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i hope that wasn't under Parliament House
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Depends what sectors you hold I think. In a generally falling market picking winners is problematic.
Lets hope for another couple of good days that gets us above 7750 (XAO)
Maybe Santa's booster has kept him out of the ICU
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now maybe i am losing my memory , but so far this has been the way the last few years have gone , Santa rolls up late and barely dampens down the 'December Disappointment ' ( folks hoping most of December is up ) BUT lingers on until the New Year ( which is only a few actual trading days , extra ) but turnover is light , causing volatility for the retail folk which some will love , others hate , but not enough to impress the middleweights on most shares ( and the REALLY big players are on holiday , or have an automated trading system chugging away .
maybe next Xmas will be better , but then it is bound to look better if we have a big correction during 2022 ( from a low baseline )
maybe next Xmas will be better , but then it is bound to look better if we have a big correction during 2022 ( from a low baseline )
