Weekly Market Outlook February 9, 2014
Weekly Market Outlook:
Pfäffikon SZ – Last week was as expected very volatile. It was striking that the disappointing jobs figures – whether or not caused by bad winter weather in the U.S. – were completely ignored by the market last Friday. Next trading week’s agenda is pretty empty, but there are still a number of companies that will publish their results. The focus will be on whether the recovery movement will hold up. We believe that the downward trend will resume in the course of the week and that the market will be looking for new lows.
This material is communicated on February 9, 2014 by Thirteen Asset Management AG, Rietbrunnen 20, 8808 Pfäffikon SZ, Switzerland. This material is for information purposes only and is not intended to be a solicitation or invitation to invest. Any organizations or products described in this material are mentioned for reference purposes only. This material is intended only for investment professionals and professional clients and must not be relied upon by any other person. It is proprietary information of Thirteen Asset Management AG and may not be reproduced of otherwise disseminated in whole of in part without prior consent from Thirteen Asset Management AG. Alternative investments can involve significant risks and the value of an investment may go down as well as up. There is no guarantee of trading performance and past or projected performance is not a reliable indicator of future performance. We recommend to consult your bank, investment and/of tax adviser.
