Sunset Strip | Aussie market started the week negative following last week with falling Iron Ore and China worries
Add us as a preferred Google source
Sunset Strip | Aussie market started the week negative following last week with falling Iron Ore and China worries. We continue to be negative in the short term as the markets had run ahead of valuation, rising geopolitical risks, China tightening, stocks going ex div, escrow shares taking marginal buying and ECB delivering nothing new for now. Stand out stock today was VED...up 2% after going ex div 4 cents...more to come. More brokers are getting negative now with words like imminent, downgrade and correction...I am waiting for the SELL NOW call to become consensus so that I can get positive on the market. Trading idea of the day: Breville (BRG). Monday's Macro Stock Pick: Flight Centre (FLT). (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Over 30 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 CEO at Deep Data Analytics (www.deepdataanalytics.com.au) which is an integrated data analytics driven investment strategy service provider.
Over 30 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...
Expertise
Over 30 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...
Expertise
Comments
Comments
Sign In or Join Free to comment
