Weekly Market Outlook February 18, 2018

“Sometimes the hardest thing to do is to do nothing.” – David Tepper

Pfäffikon SZ, Switzerland – The confirmation that investors are dealing with a short-term dip instead of a long-term top is slowly but surely developing. However, it is far too early to speak of a bear market. A bull market ends differently, requiring more evidence that investors are actually dealing with a bear market. Valuations of shares, in general, remain highly exaggerated, but that does not have to stand in the way of a bull market.

The coming week is mainly about company figures. In addition, the American markets are closed on Monday due to President’s Day.


This material is communicated on February 18, 2018 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.