Iron Ore Rally Pushes AUD past 80 cents... | Twitter Drops by 24% on Poor Earnings... | US Fed in Focus |

Niv Dagan

Peak Asset Management

Good morning, For those in QLD, just a quick reminder that I will be catching up with clients on the Gold Coast, Brisbane and sunshine coast next week. If you would like to catch up for a coffee, a bite to eat or a XXXX beer (only once the market closes), please email me. It would be great to catch up with you. Ok… so how did we go last night? The Dow and S&P 500 ended a volatile session higher on Tuesday, helped by strong earnings from Merck and gains in IBM after it boosted its dividend, while the Nasdaq fell with Apple. Policymakers at the Federal Reserve began a two-day meeting. The Conference Board said its index of consumer confidence unexpectedly fell to 95.2 in April from 101.4 a month earlier - it was expected to have risen. Consumer Confidence – Chart Twitter's stock dropped as much as 24% after the company cut its full-year revenue forecast due to weak demand for its direct response products. Wow…… The SPI is pointing to 11 points rise this morning.

Niv Dagan
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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