US markets Flat as Industrial Production Disappoints... | Netflix Continues to Rally... | BHP Demerger - In Focus |
Niv Dagan
Peak Asset Management
Good Morning, Trust that you had a nice weekend and are getting set for another busy week on financial markets. On Friday night, US stocks were fairly “flat” (Dow up 21 points), as US industrial Production was lower than expected, however Netflix continued to rally into “new highs”, as subsriber growth increases… Industrial Production (US) – Chart (below) It appears that Tony Abbott is gaining some positive momentum, following the budget, with polls indicating that confidence in the government is returning… This is a good things… Consumer and Business confidence is key to drive our market back towards the 6,000 point level and if we can generate confidence in our federal government, this will translate into higher equity prices for our portfolios… Today will be a quite day, with the SPI pointing to a 2 point gain, however, a busy week is in order with BHP’s demerger to take center stage and a number of economic data points will give us further indication in relation to how we are tracking….. Lets have a great day, Niv
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional, intermediary and offshore hedge funds. Niv takes an active approach in managing client funds and is a firm believer that adequate risk management is paramount in any good investment decision. Niv's work is largely focused on portfolio management, asset allocation, fixed income, managed funds, structured products and developing tailored strategies for the SMSF sector.
3 topics
2 stocks mentioned
Niv Dagan
Executive Director
Peak Asset Management
Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...
Expertise
No areas of expertise
Niv Dagan
Executive Director
Peak Asset Management
Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...
Expertise
No areas of expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
Why "buy and manage" is the better way to invest in stocks
Livewire Markets
