Weekly Market Outlook December 20, 2015
Weekly Market Outlook:
Pfäffikon SZ, Switzerland – Very slowly, the market seems to be turning, boosted by ever falling oil prices. Our indicators have again deteriorated. If the market does not rebound next week, it is very likely that a first warning signal will have been generated.
It is remarkable that last Friday’s turnover in the S&P 500 was more than 40% higher than the average over the past three months. This may be related to the expiration as the negative session gained momentum in serving the temporal interests of speculators.
This material is communicated on December 20, 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.
