NZSX50 - Good news

[Bull….]

 NZSX50 - Good News!
It will take a 30% rise from current levels for the NZX50 to regain its peaks. I am pleased to be able to report that this will happen at 2.15 pm on 19/12/2022.

Naturally, such a confident assertion rests on a couple of minor assumptions :-
(1) The bottom of the Bear market was reached last week.
(2) The subsequent recovery will be above the usual 20% per annum.

[Beagle]

Whatever happy juice you're drinking can I please have some of it ? 

[Shareguy]

Hope your right Bull.

[mike2023]

Looking at the snp and the dow today it could be halfway there by Wed next week...

[allfromacell]

This surely isn't the real bull lol

[BDL]

Phaedrus post's on the other site would have helped so many aspiring investors I would guess. Certainly did me. What a loss......

[Raven]

Does anyone know a website with a correct listing and weighting of the NZX50 constituents?
The interest.co.nz list is close but for example still includes ZEL and doesn't include WHS.

[Left Field]

Crikey the charts are almost looking optimistic...... must be a mistake?

[Peitro]

Last night was one hell of a rebound.

Hopefully we don't find ourselves back in Covid red light situation in 2-3 weeks. However, industry selective that's not all bad news...

[kasper]

Last night was one hell of a rebound.

Hopefully we don't find ourselves back in Covid red light situation in 2-3 weeks. However, industry selective that's not all bad news...

The red is no different from the yellow excepting a 200 limit on indoor gatherings and face nappies are required to be worn in a few more places.

[Shareguy]

Dow up again and oil down again. Are we getting to the bottom of the cycle or Clayton's bounce?

[Peitro]

You may have actually called it!

[Bull….]

Not one to toot my own horns, but I called it perfectly

[Mr Cashflow]

World markets are overvalued along with NZX.  Valuations are near all time-highs. Stock Market sell-off may come at anytime as they are running on momentum based trading. Besides herd mentality could change suddenly and unexpectedly.

https://www.advisorperspectives.com/dshort/updates/2024/07/01/market-valuation-is-the-market-still-overvalued#:~:text=Based%20on%20the%20latest%20S%26P,92%25%20to%20154%25%20range.

[Dolcile]

SELL SELL SELL

The top must be in.


I'll happily hold tight and the stock market will continue its relentless trend from the bottom left to the top right. N doubt there will be some bumps in the road. Short term volatility is the price we pay for the returns that the stock market delivers over the long term.