On Mondays, we release our Weekly Trader in which we outline key themes driving market sentiment, a review on critical developments within our preferred sectors, equities commentary and market-moving stories to start the week. Our in-house Investment Committee meets on a weekly basis to craft this strategy, aimed at allowing our clients to dynamically position portfolios and to take advantage of market developments.
19/03/2019 Market View: The week ahead, Amazon, Datalex, IPL Plastics, Applegreen
Last week saw markets recover after selling into the end of the week prior. The S&P added 2.89%, the top 100 UK index added 1.75% and Europe’s STOXX 600 added 2.84%. Brexit continues to dominate attentions this side of the Atlantic with another week of political turmoil expected. In the US, lack of public progress on a US – China trade deal is preventing markets from progressing beyond 2820 level. With several headwinds building into the end of the month we remain cautious on equities in the short term as we await some more positive catalysts to take hold.
- Amazon – Continues to benefit from structural tailwinds
- Datalex – Clarity required as additional funding secured
- IPL Plastics – Top line growth robust but margin pressures weigh
- Applegreen – Revenues push past €2bn
Archive
25/02/2019 – Market view: The week ahead, Walgreens, AIB, Emerging Markets, Schroders
21/01/2019 – Market view: Caterpillar, Smurfit Kappa, UnitedHealth Group, Microsoft
14/01/2019 – Market view: Caterpillar, Walgreens, Smurfit Kappa, AIB
