I do believe that what we're seeing here is profit taking, which is a means of insurance that you need to take when the market has run very hard into a profit season that's got very high expectations about it.
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This quote is just one of 8 total Jamie Spiteri quotes in our collection. Jamie Spiteri is known for saying 'I do believe that what we're seeing here is profit taking, which is a means of insurance that you need to take when the market has run very hard into a profit season that's got very high expectations about it.' as well as some of the following quotes.
I do believe that what we're seeing here is profit taking, which is a means of insurance that you need to take when the market has run very hard into a profit season that's got very high expectations about it.
The bank sector is a bit weaker here, with NAB and CBA coming of their highs, and of course Westpac are ex-dividend, so that has obviously had an effect on the index.
A lot of money is very sensitive to interest rate changes but also a lot of money has been put into the high growth technology sector, and the returns are not going to come to fruition in all investments.
You have News Corp. weaker, you have the banking sector basically steady but with Australia & New Zealand Banking Group pulling back after some strong gains in recent weeks ...outside of that the market is just steady.
This quote is just one of 8 total Jamie Spiteri quotes in our collection. Jamie Spiteri is known for saying 'I do believe that what we're seeing here is profit taking, which is a means of insurance that you need to take when the market has run very hard into a profit season that's got very high expectations about it.' as well as some of the following quotes.