Market Manager | December update – Rally comes for those who wait

Mathan Somasundaram

Deep Data Analytics

Strategy outlook: We maintain a bullish long term view on the Australian equity market while short term volatility remains with US Fed outlook, China growth plans and global growth risks. We remain positive on the yield and currency trade, while domestic economic deterioration creates more volatility, cost cutting and M&A opportunities. We expect beaten up sectors to consolidate or run the risk of opportunistic take-over bids. We expect the third leg of the Christmas rally to maintain the current pace into 2016 while profit taking risk remains before the February. Current quant strategy model portfolio: Materials – large (BHP); Transport – large (SYD, TCL); Consumer Services – mid (ALL), small (AAD, AGI, RFG), Micro (SLK); Media – mid (FXJ), small (VRL), micro (ICQ); Staple – large (WES, WOW); Health Care – large (CSL, RHC, SHL), mid ( RMD), small (GXL); Banks – large (ANZ, NAB, WBC); Diversified Financials – large (MQG), mid (HGG), small (IMF); Insurance – large (SUN), small (SDF), micro (AUB); Property – large (LLC); Telecommunications – large (TLS), micro (SDA). (VIEW LINK)


Mathan Somasundaram
Founder & CEO
Deep Data Analytics

Over 25 years’ experience in the finance/tech industry. Mathan has worked extensively in all parts of the finance sector (i.e. County NatWest, Citi, LIM, Southern Cross, Bell Potter, Baillieu Holst and Blue Ocean Equities). Currently Founder and...

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.