US Interest Rates On Hold... Global Markets Fall..? | Oil & Copper Fall Following Uncertainty... | This Week: In Focus |
Niv Dagan
Peak Asset Management
Good Morning, Trust that you had a nice weekend, with lots of sunshine, good food and quality time with family and friends… Last week was a positive week on markets with the XJO up ~ 1.8%, however, we are set for some volatility to start the week, with SPI futures down ~ 76 points. That’s not how we like to start a fresh week, right? But on markets, anything is possible…. What we are seeing right now is once again, “uncertainty”…. Sure, US interest rates were left on hold, however, investors are now “questioning” global growth and with uncertainty, comes weakness… The bad news is that last week’s rally, we see, as a “short-term” rally before another leg down and we still see the XJO at ~ 4,800, before a move up for our “xmas-rally”…….. So yes, we take one step back, to take a step forward, however, there will be a huge buying opportunity present itself in mid-October….. so get set. Dow Jones: Chart…. Broken our trend line… Warning … The SPI is down 76 points this morning
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
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, intermediary and offshore hedge funds. Niv takes an active approach in managing client funds and is a firm believer that adequate risk management is paramount in any good investment decision. Niv's work is largely focused on portfolio management, asset allocation, fixed income, managed funds, structured products and developing tailored strategies for the SMSF sector.
3 topics
Niv Dagan
Executive Director
Peak Asset Management
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,...
Expertise
No areas of expertise
Niv Dagan
Executive Director
Peak Asset Management
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,...
Expertise
No areas of expertise
Comments
Comments
Sign In or Join Free to comment