The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
It seems the brokers are way off on this one.Just a boring sideways pivot at 666p.
Here are some of the underlying pivotal Macros that directly affect ASOS and its function as a business.
(Note all of them are headed in the right direction).
https://ibb.co/m6h8xmF
https://ibb.co/25pHnwM
https://ibb.co/yNM36gQ
https://ibb.co/sJ5cqHd
'I said average 2%, jamesss and RL. Not the current number of 2%. If we see a 1% inflation print next month (we won't) - but if we did for arguments sake - then we will not be much closer at all to that 2% average'
The obvious question If we are talking about averages is over what period of time?
I'm not having a go, I just don't agree with some things you say.
LWHL I know you're not a de-ramper, I've read many of your posts.
I just can't agree that national debt is a driving factor for the performance of the Asos sp.
I also don't see how it will take 10 more years for inflation to come down by 0.3%?
USA National Debt is 34 Trillion dollars.
It's a shame their economy is not flying and their indicies arnt making all time highs....
Robo you talk nonsense.
CPI has came in hotter by 0.1 % and your world is caving in ha ha.
Morning KYK,
I'm not to sure what that was about.I don't have such a wide range on my chart.
I see a new uptrend forming, as long as we don't cross below the new support level and continue to make higher highs.
Asos sp has this habbit of selling off in the morning and then making up its losses mid to late afternoon.
https://ibb.co/QYGVsG0
Fair comment @Blackfox ASOS does have a chequered past regarding short interest.
https://ibb.co/Wx7zq26
Good afternoon all, what excellent news I am greeted with.The long awaited Indian deal :)
Looking at the Technicals, I'm thinking now we have sailed past 360 and have now breached the decending wedge, the previous highs are the logical next milestones.
Pass these and I honestly think you will see a massive short reduction and alot of folk buying in.
https://ibb.co/TgxnDRW