NASDAQ Near Record as Netflix & Google Top Forecasts... | Citigroup FY Report Strong... | Commodities Down as USD Higher... |
Peak Asset Management
Good morning, And Happy Friday…. It surely has been a better week this week, with global equities rising as a “Grexit” seems like a distant past… (hopefully) Last night in the US, Netflix came out with a extremely strong FY report, while Citigroup also beat expectations Citigroup, the third-largest US bank, posted profit that beat analysts' estimates as CEO Michael Corbat cut expenses. Second-quarter net income jumped to $US4.85 billion, or $US1.51 a share. In contrast, Goldman Sachs Group reported its smallest quarterly profit in nearly four years as it set aside more for mortgage settlements. After the closing bell, Google reported that its second-quarter revenue rose 11 per cent, helped by an 11 per cent increase in ad sales. Google's shares rose 5 per cent in after-market trading. So markets are up… Good We’re making positive traction at the Cricket… Good And it is Friday… great! Get ready for the AUS reporting season kicking off next week.. Time to make some good money trading the earnings The SPI is pointing to a 2 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,...
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