Markets down, optimism up

It’s a ‘bloodbath’ out there this morning, which means it's time to sift through our Buy List and prepare for action.

In broker parlance the market is in ‘risk off’ mode right now, the deadened phrase belying the panicked calls brokers are fielding. Since hitting a recent high of 5,983 on 27 April the S&P/ASX 200 has fallen 12.8% to 5,215 as of last Friday and a further 2.9% this morning. We’re now in official ‘correction’ territory according to the media’s lazy lexicon.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles