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Sunset Strip > Trading Day Wrap From Blue Ocean 20170816

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market made a steady recovery after flip flopping for the first few hours. US retail data was string overnight while US markets were undecided. Chinese regulatory moves are beginning to bite while the pullback is aimed to get back to pre 2016 levels. The corporate outlook for US is... Show More

Sunset Strip > Australian Market Trading Day Wrap

Mathan Somasundaram
Mathan Somasundaram Blue Ocean Equities

Local market bounced back from early losses on negative sentiment and CBA trading ex div to finish in the positive. The result updates continued to fall into three main camps…(1) Solid result surprise driving upgrades from relatively cheap levels like WTC and MMS (2) Meeting expectations and driving short covering... Show More