RE: Sp30 Oct 2018 16:54
Whoever is out there hunting these sort of mini shares with large, several 100k's investments, I truly hope that you will get the perfect opportunity to grab a fair chunk of this company on the cheap!
Let's see how this Sp will react if the main markets see a rebound in early November:
"Despite the largely bearish tone in October, it is not uncommon for the stock market to end bad months with a bounce. Since 1952, when the S&P 500 was down 8 percent or more with two trading days left in a month, the benchmark bounced higher 80 percent of the time in those final two days, with an average gain of 2.75 percent, according to Bespoke Investment Group. If we can get through the week without too many setbacks, then investors may begin to see the light at the end of the tunnel and sense opportunities in the markets, rather than view it with anxiety and fear which has certainly been the case in recent weeks," Craig Erlam, senior market analyst at OANDA, said in a note." Cnbc