Livewire has acquired Market Index, the country’s leader in free stock market data.
Find out why.

US markets Flat as Industrial Production Disappoints... | Netflix Continues to Rally... | BHP Demerger - In Focus |

Niv Dagan

Peak Asset Management

Good Morning, Trust that you had a nice weekend and are getting set for another busy week on financial markets. On Friday night, US stocks were fairly “flat” (Dow up 21 points), as US industrial Production was lower than expected, however Netflix continued to rally into “new highs”, as subsriber growth increases… Industrial Production (US) – Chart (below) It appears that Tony Abbott is gaining some positive momentum, following the budget, with polls indicating that confidence in the government is returning… This is a good things… Consumer and Business confidence is key to drive our market back towards the 6,000 point level and if we can generate confidence in our federal government, this will translate into higher equity prices for our portfolios… Today will be a quite day, with the SPI pointing to a 2 point gain, however, a busy week is in order with BHP’s demerger to take center stage and a number of economic data points will give us further indication in relation to how we are tracking….. Lets have a great day, Niv


2 stocks mentioned

Niv Dagan
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

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.