Liams Last Post : Ireland Bails out Europe ... in the golf !!!

Good afternoon ,

 

Ireland Bails out Europe is the best quote of the day !!!  (in the Ryder Cup for thise who managed to live in a bubble throughout the day )

 

The ISEQ Index responded to the gallant efforts of the golfers and the epic win by the Belmont Under ( soccer team which takes them to joint leadership position in the SDFL league ) not to mention Leionster showing Munster what sheer hunger and a decent game plan can do to turn the underdog position into a fifth win in a row.  A great weekend for sport.

 

As for the market , the consensus still is that the markets look short term toppy but any weakness is steradily being bought these days so hard to take money off the table with conviction.

 

In Ireland there looks to be a bit of status quo, CRH seems to have found a level at the eur12 level . Bank of Ireland looks ok here and AIB is proving remarkably resilient at these levels.

 

The Ryanair traffic stats were received positively this afternoon.

 

Not much news or volume … market has weathered a lot of bad economic news in Ireland and prioven resilient , maybe we might just bounce back from here.

 

Have a good evening

 

Liam

 

 

 

___________________________________________

Liam Boggan

　

Merrion Stockbrokers

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