Thursday, October 22, 2009

Market Tips: Stocks at Back-End of Rally


Down Trend Seen for MarketsBy: CNBC.com
Global stocks fell on Thursday, tracking Wall Street's overnight losses as some corporate earnings disappoint. The dollar rose while oil and gold took a breather. Experts told CNBC markets are heading for a down period, so it may be wise to invest in safe-haven gold.

Down Trend Seen for Markets
Markets are at the back-end of the rally and are heading for a down period, says Matthew Kidman, portfolio Manager at Wilson Asset Management.

Gold's Broad Appeal Remains
Gold still has broad appeal, says Richard Kang, chief investment officer at Emerging Global Advisors, hence its current high price is not a surprise.


Stick to Gold

Stay in gold as it will continue to be a good investment, says John DiPlacido, oil trader and president at Energex.

Dollar Will Continue to Weaken Vs. Euro
The U.S. dollar will continue to be weak, says John Kyriakopoulos, head of currency strategy at National Australia Bank, especially against the euro.


Outlook for US Dollar Remains Weak

The outlook for the U.S. dollar remains weak, says King Lip, portfolio manager at Baker Avenue Asset Management.

Focus on Higher Quality Banks
Focus on higher quality banks like JP Morgan, says King Lip, portfolio manager at Baker Avenue Asset Management. He tells CNBC that one of the major problems going forward is how banks will cope when interest rates are no longer low.

Clear Path Ahead for Autos
Expect the key Japanese automakers to perform better than expected, says Andrew Phillips, analyst with KBC Securities Japan. He discusses the outlook for the industry.

Bullish on Emerging Markets
Richard Kang, chief investment officer at Emerging Global Advisors, explains why he sees the long-term trend gravitating towards emerging markets. He shares his upbeat outlook.

Valuations in Sri Lanka Remain Attractive
Valuations in Sri Lanka remain attractive, according to Ranjan Hulugalle, director of First Guardian Equities. He reveals where he is finding investment opportunities.

Bullish on China

Alvin Chong, head of research at Sun Hung Kai Financial is bullish on China in the long term. He explains why valuations there are still not very demanding.

Hot HK Sectors to Bet Your Money On

Steve Tse, research manager at BEA Union Investment Management favors Hong Kong-listed mainland banks, energy stocks and construction plays.

Markets are at the back-end of the rally and are heading for a down period, says Matthew Kidman, portfolio Manager at Wilson Asset Management.

http://www.cnbc.com/id/33426877

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