SHORT TERM MARKET CALL >>> TAKE PROFIT | • Rate cut outlook already in the price while we expect it to be left unchanged with housing bubble...

Mathan Somasundaram

Deep Data Analytics

SHORT TERM MARKET CALL >>> TAKE PROFIT | • Rate cut outlook already in the price while we expect it to be left unchanged with housing bubble worries • Market getting pushed by global investors to post GFC high level while the buying support may end soon • No rate cut will push currency up and make the global investors take a back seat • Federal government likely to be a lame duck leadership in the short/medium term even with leadership change • EU QE optimism is in the price and reality of the growth downgardes will come through • US market indices have all fallen below 100 day MA again with growth worries after a big year in 2014 • Despite the strength in USD, Spot Gold is holding up due to investors seeing market risk in Europe and Asia • Aussie reporting season will bring higher risk with negative surprises likely to see decent sell offs • The market darling yield stocks like TLS and CBA look stretched with yield dropping to 4.5% • Financials are now near 30 year historical high weight for any major sector (i.e. 45% of the index)


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...

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