Word of the Day – Blow-Off Top

Blow-Off Top

definition: A sudden, rapid increase in a security’s price followed by an equally sudden, rapid decrease. 

A blow-off top can result from either sudden news or a rumour. 

Increased sightings are occurring in;

Platinum, Lean Hogs, Sugar and the AUD/JPY;

nearly in Natural Gas;

also in equity of Westpac, Spotify, some uranium & rare earths companies;

the Nikkei 225 and the Hang Seng and an insurance start-up called Lemonade;

and in the bond market, yields in both the German, Aussie and U.S. 5 & 10 years along with the French and Spanish 10’s……….

but not many want to buy shares in producing gold companies and shares in Yakult ?

February 17, 2021

by Rob Zdravevski

rob@karriasset.com.au