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Why has CSL fallen?

CSL was the foundation stock for everyone’s portfolio. It didn’t pay much dividend but the constant reliable growth made it popular for retirement funds. It was a bottom left top right stock on the charts, rarely taking a dip. It was a share I always wanted in my folio but always thought it was too expensive. Having waited too long for an opportunity, I finally took the plunge on a slight down day and enjoyed a great run for a few years up to, and including the start of Covid. CSL had gone from 76.7c when it was floated by the Keating government in 1994 to a peak of $336 a shar

Bond yields drop despite the GDP number. Waiting for the PCE Price Index. What will be the signs at the bottom.
A look at the Banks, Resources and Tech Sectors.
FOMC next week. RBA on Cup Day.

SMALL CAP PORTFOLIO 3.00pm Updates I have added another 1% holding in LTR at 171.5c.…

TECHNICAL SUMMARY

ASX200 and All Ords hit a 52-week low. Next support not until 6440.
Only four daily buy signals and two sell signals in the All Ords.