US Stimulus Makes Financials Attractive
Adrian Mowat, chief Asian and emerging markets equity strategist at JPMorgan, thinks it is time to pick up stocks that will benefit from government stimulus, such as financials and consumer discretionary stocks.
Keep an Eye on JPMorgan
JPMorgan is the top bank to keep an eye on, says Ron Ianieri, chief markets strategist at ION Options. Daryl Guppy CEO of Guppytraders.com charts the financial.
US Government Should Lend Citi Money
Citigroup shares surged on reports the U.S. government could end up with a 40% stake in it, by converting preferred shares into common stock. But Ron Ianieri, chief markets strategist at ION Options thinks this move would be a mistake and that the government should just lend Citigroup money instead.
Depressing Territory for the Dow
The Dow is heading towards the "Depression territory", says Daryl Guppy, CEO of Guppytraders.com. He charts the U.S. market.
Hot on Corp. Bonds, Not on UK Stocks
"We have said to our discretionary clients to put a bid into corporate bonds, that's been pretty popular with everybody, I just wish they'd go up a bit more," John Redwood from Pan Asset Capital Management said. "You've got to be careful of quality." Avoid UK stocks, he warned.
Load Up on Japanese Exporters
Daryl Guppy, CEO of Guppytraders.com looks at his charts and tells investors if the time is right to get into Japanese exporters Canon and Honda Motor.