Global Markets Higher as Grexit Unlikely... | Healthcare Sector "Flying... | PARADIGM BIOPHARMACEUTICALS - UPDATE |

Niv Dagan

Peak Asset Management

Good Morning, So….. Global markets headed higher last night (Dax+3.8%, FTSE + 1.8%, Dow Jones + 0.8%), with the Nasdaq closing at a record as hopes grew that a deal would be reached to prevent Greece from defaulting on loans. Sentiment was also lifted by merger and acquisition activity. "Valuations are somewhat high, but there aren't many alternatives that look attractive," said Bruce McCain, chief investment strategist at Key Private Bank in Cleveland, Ohio. With the Healthcare sector also at record highs, last week we sent out an opportunity to invest in Paradigm Biopharmaceuticals, led by the ex CFO of CSL and ex COO of MSB Paradigm IPO – Update The offer $8M of which $5M is underwritten by Lodge Partners, is already over-subscribed… This is a good things (Demand > Supply), however, if you want stock in this opportunity, please fill let us know What's on today? Tuesday: Australia Q1 residential home prices, US May new home sales, US May durable goods, US Richmond Federal Reserve survey. The SPI is pointing to a 21 point gain on open


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,...

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