Good Morning, And Happy March.... Over the next week or so, I will put together a special short report on the winners and losers of the reporting...
Peak Asset Management
Good Morning, And Happy March.... Over the next week or so, I will put together a special short report on the winners and losers of the reporting season... Who made the cut? Who beat expectations? Who tried to trick the market and fail in their quest to do so? Which stocks should we be on the look out to outperform? Stay tuned....... On Friday night, US stocks fell (Dow down ~80 points) as GDP figures were flat, trading at the bottom of end of analysts guidance. What is interesting, is that although the US market is making new highs, GDP has been moving sideways since October 2010.... So... Is there growth in the US economy? Over the weekend, the People Bank of China cut borrowing costs again, to further stimulate their weakening economy... this is good for our export sector.... In AUS, a number of stocks will trade ex-div today including Challenger Ltd, Fairfax Media, Fortescue Metals Group. Commodities were slightly higher on Friday with Crude up 3.3% to $49.76/barrel, Gold up $3.00 to $1,210/oz. and iron ore slightly lower at $62.50/tonne. The SPI is pointing to a 4 point gain
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
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