After April's dazzling performance, stocks have begun May in a positive position. Experts tell CNBC this is the beginning of a new bull market which could last into 2013. But others disagree, saying a pullback is due.
Early Stages of a New Bull Market?
We are in the early stages of a new bull market which could continue for the next 3-4 years, believes Puru Saxena, CEO of Puru Saxena Wealth Management.
More Upside Seen for Shares
The markets have started on a cyclical upswing that will take them much higher by year-end, believes Shane Oliver, head of investment strategy & chief economist at AMP Capital Investors.
Asian Market Rally Unlikely to Continue for Long
Asian markets have performed very well of late. But Mark Matthews from Fox-Pitt Kelton sees Asian stocks topping out "by the end of next week." "I find it very hard to believe we're going to keep grinding up at such a vertical pace," he said.
DAX to Rise to 5,100 in the Short-Term
Germany's DAX index has enjoyed a nice rally since hitting the March lows. Roelof van den Akker from ING Wholesale Banking sees the index "topping" between 4,950 and 5,100 in the near term and will then hit a "higher low" over the longer term.
What Goes Up Must Come Down
When the market rallies, it often suggests a pullback of some sort is due, warns Kevin Curran, head of dealing at Foster Stockbroking.
How to Invest in These Uncertain Times
As Shane Oliver, head of investment strategy & chief economist at AMP Capital Investors & David Roche, global strategist at Independent Strategy believe we are not out of the woods yet, they reveal how they are trading this market.
Dollar to Weaken, Asian, Latino Currencies to Outperform
The US dollar is going to weaken over the next 2-3 months, according to Hans Redeker from BNP Paribas. One of the reasons for the decline will be in enforcement of quantitative easing, if it's working stocks will rise and the dollar will fall; if it's not working, there will be another round of QE and the dollar will lose its value, he added.
Redeker sees currencies in Latin America and Asia outperforming.
Bullish on Gold
David Roche, global strategist at Independent Strategy is bullish on gold due to two key reasons. He tells CNBC what they are.
Swine Flu Won't Impact Driving Season
The swine flu outbreak will not impact the driving season much, therefore the oil markets, says John Licata, chief investment strategist at Blue Phoenix.