Weekly Market Outlook June 5, 2017
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Hope forces investors to join the mainstream. Many technical indicators color pale green, many basic factors are reddish. The investor obviously relies on simple technical analysis. It is striking that several Russian stocks are again under pressure for a longer period.
The coming week, Europe is facing a shortened trading week. Our attention is particularly focused on the British elections and the explanation of the ECB’s interest rate decision.
This material is communicated on June 5, 2017 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.
