Weekly Market Outlook April 19, 2015

Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Many investors simply waved aside the problems surrounding Greece. However, a possible Grexit brings Europe into uncharted waters, which the complacent investors among us seem to underestimate. Last Friday’s decline in the S&P 500, however, should be seen as a “normal” profit-taking event. Noteworthy is that the strength of the S&P 500’s decline was 10% stronger than the average.

The next week will be about Greece and the business figures. In our outlook of next week, we will likely have enough evidence to know whether we are dealing with a dip or there is more going on. This makes the upcoming trading week extra exciting.


This material is communicated on April 19, 2015 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 or otherwise disseminated in whole or 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.