Global Markets Up, But IMF Not Convinced ... | AUS Reporting Season: Preview | Trading The + & - Earnings Surprises... Get Set |
Niv Dagan
Peak Asset Management
Good morning, So… Global markets had a fairly good night last night (Dow+ 75 points, Nasdaq up, European up), which is good news… But we’re still not convinced that these Greeks are “out of the woods” just yet… The IMF has last night advised that the bailout proposed is not large enough… We expect some further “hesitation” from Greece and Germany, however, we see upside risk to equities as a lot of this bad news is “largely factored in”……. On another topic…. Get ready for the AUS Reporting season, which we will be extremely active trading the positive and negative earnings surprises.. The strategy is all about waiting for the companies to actually report… We are not “envisaging” which companies will do better than others… We still feel that those companies with USD exposure & USD earnings (i.e. JHX, CSL, AMC, BXB, MFG, SHL) will outperform. so get set..... The SPI is pointing to a 12 point rise this morning
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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.
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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
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