US Stocks Fluctuate as Oil, Healthcare: Weigh | Goldman Sachs Picks for 2016... | Happy Friday... |

Niv Dagan

Peak Asset Management

Good morning and Happy Friday… It certainly has been another busy week and we are looking forward to some R&R over the weekend… Last night, US stocks “fluctuated” (DOW -12), as macro-economic data (US jobless claims came in line with expectations), however, oil and healthcare stocks fell, as the Saudi Oil Minister called for OPEC to stabilise the market…… What is interesting is that the Baltic Dry Index (a measure of the cost of shipping) is near 2008/09 lows), indicating to us that demand for commodities is still very weak….. We remain underweight. An interesting outlook from Goldman Sachs JB Were... here are their top 2016 picks and main themes to look out for: (VIEW LINK) Have a great weekend, Niv

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,...


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