Holidays, data as a new quarter begins The ASX 200 looks set to start the new quarter in the red with SPI futures pointing to a fall of 33pts on the open

David Scutt

Scutt Partners

Holidays, data as a new quarter begins The ASX 200 looks set to start the new quarter in the red with SPI futures pointing to a fall of 33pts on the open. Despite the exceptional track record the index has in Q4, the index has rallied the past 5 years for an average gain of 3.35%, there is also a track record of early underperformance with the index logging falls on the first day of the quarter in four of the past five years. With thin market conditions and history working against it, a day of losses, albeit less than what SPI currently suggests, appears likely. (VIEW LINK)


MORE ON



Independent Market Strategist
Scutt Partners

David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.