RE:Correlation between market and AVOClarence wrote:
Per a previous request for input. Has anyone else noticed what I believe is going on with AV) and stock market. Its a non-scientific observation that points to AVO going in opposite direction of typical market trading. Am I right and if I am, what do you think is the reason. Is it simply seeking or dumping of tech stock when other markets / corn, retail, borrowing rates are looking better or worse. Appreciate anyone’s input.
Also, while trying to read tea leaves. If US can’t pass borrowing bill at the end of April and non-essential services shut down for a week,2,3,4……. What do you think this will do to market and per above question, will it help or hinder dear old AVO?
I know this is an old comment, but AVO has gone from 14.85 to above 16 in the last month. The market has also performed positively and in the same manner as AVO. Csinc you mentioned AVO trading in relation to oil which has been in decline for at least a month or two. Clarence, i don't even believe you are long in this stock. Hope y'all are liking the positive move in SP ;)