Local market bounced back after 3 consecutive negative days on the back of solid US non farm payrolls and better commodities. The last time market had 4 consecutive negative days was in early May…and our market has been going sideways since then. Local market and currency got a slight boost from the job ads while short term outlook before local reporting season is mainly dependent on US markets. The best performing sectors were Miners, Energy and Industrials while the worst performers were Gold, Utilities and Retail. On the sector/stock front….(1) SPL jumped on VivaGel Phase 3 results (2) LYC had another positive day on rare earth optimism and overall resources rebound (3) BAL bounced with every baby milk stock on the back of A2M result (4) BSL bounced on China optimism and US disarray (5) MTR M&A adding to the growth from very cheap levels (6) MYX see some support after weaker result from US competitors (7) MSB ran on biotech optimism (8) STO was the best mover on the energy sector after oil bounce (9) CWN fell as optimism as capital management dissipates (10) RSG fell on weak result update. Macro this week…(1) Today > AUS Job Ads (2) Tuesday > AUS NAB Business Conditions, US Trade Balance (3) Wednesday > AUS Home Loans, AUS Westpac Consumer Confidence, CHINA CPI (4) Thursday > CHINA Aggregate Finance, UK Industrial Production, US PPI Final Demand (5) Friday > AUS RBA at House Economic Committee, US CPI. Reporting Season this week…(1) Today > RSG (2) Tuesday > IFL, JHG, JHX, SCP, TCL (3) Wednesday > CAR, CBA, PFI, SKC (4) Thursday > AGL, AMP, AVN, MFG, ORA, VAH (5) Friday > REA, NAB, NWS.
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2017 - Now > Blue Ocean (AUS) > Market Portfolio Strategist 2012 - 2017> Baillieu Holst (AUS) > Head of Strategy, Quant and Data Analytics 2009 - 2012 > Bell Potter / Southern Cross (AUS) > Head of Quant and Data Analytics 2007 - 2009 > LIM...
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