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Market Wraps
sunset strip
Latest news and analysis on sunset strip
Equities
July 06, 2021 18:11
RBA delivered the tapering without really tapering
Local market started positive and then moved into the slide mode all day despite no lead from US market (i.e. closed last night for July 4th long weekend). The main...
Mathan Somasundaram
Deep Data Analytics
July 06, 2021 18:11
Equities
July 05, 2021 18:35
In the land of asset bubbles, stimulus is
king
The local market started positive and finished flat on relatively low turnover to start the new week with US closed tonight on July 4th long weekend. The main news for...
Mathan Somasundaram
Deep Data Analytics
July 05, 2021 18:35
Equities
June 24, 2021 17:05
There is no easy fix for bad management
Local market ran into choppy day with profit taking from global investors and buying from the local investors through the day. We continue to see a lot of tax loss...
Mathan Somasundaram
Deep Data Analytics
June 24, 2021 17:05
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Equities
June 23, 2021 17:41
Central Banks are the stimulus cartel
Local market ran into profit taking from global investors early and then from local investors through the day. We saw a lot of tax loss selling turning into month end...
Mathan Somasundaram
Deep Data Analytics
June 23, 2021 17:41
Equities
June 22, 2021 16:45
Currency and Bond market volatility flags elevated market risk
Local market followed the US market on short covering pop to reverse the bashing from the day before. It was another lower than usual turnover day as recent volatility...
Mathan Somasundaram
Deep Data Analytics
June 22, 2021 16:45
Equities
June 21, 2021 17:52
Beware economic cycles and asset bubbles
Local market was bashed in line with US market on Friday as reflation bites. More and more central bankers, economists, strategists and fund managers are starting to...
Mathan Somasundaram
Deep Data Analytics
June 21, 2021 17:52
Equities
June 18, 2021 17:43
Winter is coming…Sep/Oct federal election to clear the way for opening the borders and budget austerity
Local market delivered a slight positive day while the size dynamics flipped from recent days. Large Caps were negative while Mid, Small and Micro Caps all had a solid...
Mathan Somasundaram
Deep Data Analytics
June 18, 2021 17:43
Equities
June 17, 2021 17:55
Microcap profit-taking points to weak market sentiment
The local market delivered a negative day after the US Fed flagged the peak of monetary stimulus cycle. It was another day where size mattered. Global buying supported...
Mathan Somasundaram
Deep Data Analytics
June 17, 2021 17:55
Equities
June 16, 2021 17:20
Denial is a river filled with failures
The local market squeezed out a flat day where size continues to matter. Large-caps and mid-caps were positive most of the day before fading into the close while...
Mathan Somasundaram
Deep Data Analytics
June 16, 2021 17:20
Equities
June 15, 2021 17:59
Expecting the Fed to be late to the cycle
The local market had another positive day where size did matter. Large Caps were up over 1%, mid-caps gained more than 0.4% while small caps were down 0.1% and micro...
Mathan Somasundaram
Deep Data Analytics
June 15, 2021 17:59
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