Sunset Strip > Trading Day Wrap From Blue Ocean 20170328

Mathan Somasundaram

Deep Data Analytics

Local market had an unexpected strong day…bounced up and held up better than anyone expected after the weak US sentiment.    Market was once again pushed up by the Banks but even the miners turned positive with Utilities and Gold were the only negative sectors.   Dividend money flowing back helped the yield trades like the banks but today’s move back above 5800 still feels like a house of straw.


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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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