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AQ Crisis Buster

AQ Crisis Busters



DBD Press Release

DBD Press Release

Awards

2012 : « Best European Equity earning forecast » according to AQ Research

2009-2011 : « Best European Equity research » according to AQ Research

2011 Fourth Quarter : « Best European Equity research » according to AQ Research

2011 Third Quarter : « Best European Equity research » according to AQ Research

2011 First Quarter : « Second European Equity research » according to AQ Research

2011 : Nominated « Best equity research of the year » according to The Technical Analyst

2010 Second Quarter : « Best European Equity research » according to AQ Research

2010 First Quarter : « Third European Equity research » according to AQ Research

2010 : Nominated « Best technical Analyst of the year » according to The Technical Analyst

2010 : Nominated « Best equity research of the year » according to The Technical Analyst

2009 Fourth Quarter : « Best European Equity research » according to AQ Research

2009 Third Quarter : « Best European Equity research » according to AQ Research

2009 Second Quarter : « Third European Equity research » according to AQ Research

2009 : Nominated « Best technical Analyst of the year » according to The Technical Analyst

2009 : Nominated « Best equity research of the year » according to The Technical Analyst

Source : Reuters lire le PDF

 

Gastaldy favours a long position on the utilities sector index and a short position on the STOXX Europe 600 personal and household goods sector index, which includes luxury stocks such as LVMH, which has recently started to retreat.


Gastaldy sees the revival of the utility sector as a good opportunity to set up long/short pair trades - a popular strategy among hedge funds which involves buying, or going long, a sector and selling (going short) another based on their expected relative performance in the future. Such bets can also create a hedge against a potential pull-back in the overall market.


"You can see money flowing back into the sector," Day By Day's Gastaldy said. "The rally could go on as this could be a longer-term trend reversal. The sector has been decorrelated from the broad market, so it could well climb while the broader indexes move sideways."