Thursday, 8 August 2019

August: 2 day drop then recovery?

8/9 August: 2 day dip after the tariff threat but even without any announcement the markets recovered by themselves. Whether it is a temporary pause before the downturn continues remains to be seen but as I type this on National Day morning, ASX 200 is +0.23%% and Nikkei +0.85%. Spent about $15k this month already. Looking to deploy $5k more then I'm done.

Shell price is quite weak despite the recovery by the markets. I have only held a tiny position in Shell after the GFC and always wanted to increase my holdings but its price really ran away. This looks like a good opportunity to build up my Shell holdings.

No comments:

Post a Comment