Is the cat dead or alive?
Today is the last trading session for 2018, so it’s worth considering whether the recent mini-rally in equities amounts to a dead cat bounce, or an uptick before a double dip.
US equities are slightly up in the pre-market (although not as high as a few hours ago), as are S&P, DOW and NASDAQ futures - but sentiment can turn quickly.
A new trading year begins on Tuesday, so it will be interesting to see how things pan out in 2019.
Until then, best wishes and Happy New Year!
Mike.
NextLevelCorporate is one of a very small number of independent corporate finance industry pioneers with decades of experience delivering conflict-free M&A, Growth Capital and Strategic Corporate Finance Advisory solutions. With a focus on solutions that capture competitive advantage, our sole objective is to help our clients to successfully buy, sell, finance or invest in companies and assets of any size, in and out of Australia.