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

Why the market fall of February was so different to January and what it means

Chad Slater

Ellerston Capital

One would have to have been rather disconnected to markets to not have noticed the worst start to the year for a long time for equity markets that continued into February. But what is interesting is when one "looks under the hood", January and February were driven lower by completely different reasons, with a large reversal leaving many fund managers positioned poorly for the rally that started on the 10th. The really big question now is: do you "stick or twist"? To "stick" one has to believe it was just a short covering rally. To "twist" is rather more nuanced and suggests this market may be going higher rather than lower. These levels are an important battle point for the bulls and bears and we outline what sort of data needs to emerge to support the respective cases. (VIEW LINK)

Chad Slater
Co Head Global Equities (ex-Asia)
Ellerston Capital

Chad co-founded Morphic Asset Management in 2012. As a stock picker Chad is also a generalist but has strong regional knowledge of Europe and the Americas. He has also been awarded the CFA Charter.

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.