fomo

Mathan Somasundaram

Aussie market got hammered on US sentiment and finished slightly higher than the low of the day after a big mid-day bounce to almost flat territory was killed off by weak wages growth data. Volatility was clear to see and the investors were not sure which way to go. Global... Show More

Mathan Somasundaram

Aussie market started positive on US Fed dovish stance before giving it all up to finish flat as the reality of global growth risk sets into the markets. US Fed has once again cornered itself into inaction till inflation pushes them forwards. Insanity is doing the same thing year after... Show More

Mathan Somasundaram

Aussie market maintained the negative sentiment from last week to deliver another big negative day as banks were hammered. Globally it’s all about the US Fed and what tone Janet Yellen is going to take overnight. We expect to get FOMC chairwoman to become more hawkish than in March and... Show More

Mathan Somasundaram

Aussie market held up another positive day despite weak commodity prices and end of week profit taking. Market is up 5% in four days with yield and currency stocks predominantly leading the fight back. The “Once Were Warriors” Big Caps (i.e. BHP, STO, TLS and WOW) were mainly flat apart... Show More

Mathan Somasundaram

Aussie market shot up to confirm the Christmas rally is up and running with positive hosing reporting data from US, ECB pulling out more QE, big banks putting up rates to support their dividend policy and M&A in Energy sector continues. Shock and horror…NAB and ANZ followed WBC and CBA... Show More

Mathan Somasundaram

Aussie market delivered third straight positive day as DOWJONES popped over 600 points (i.e. 3rd best day ever!!!). We turned cautiously positive when the market opened up with a big sell on Tuesday and the market fell to long term fair value. This valuation support level has held for the... Show More