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Stocks Rebound to Close Modestly Lower; HP Surges 17%

Market Tips: Rally Running Out of Steam

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Published: Tuesday, 28 Jul 2009 | 4:49 AM ET
By: CNBC.com

Global stocks rose again Tuesday as investors grew more confident on improving earnings. Experts tell CNBC the non-stop pace of the rally could suggest it is getting overdone.

Equities Offer Good Value Now

Although Kirk West, MD, Asia at Principal Global Investors, expects a pullback in the short term, he tells CNBC that the equity markets offer very good value now for investors with a 3-5 year view.

Dollar Movement Led by Equities

The equity rally will likely run out of steam when the dust settles on the earnings season and the dollar will recover some of its poise, says Ray Attrill, global head of research at Forecast.

Tougher Year Ahead For Equities

2010 will be a much more difficult year for equity investors than 2009, says Don Straszheim, managing principal at Straszheim Global Advisors.

Buy on Dips

Energy and resource stocks are on the radar of Chris Kimber, senior advisor at Bell Potter. He tells CNBC that he will buy on market dips.

Resources in a "Good Cycle"

Restocking and government spending on infrastructure is fueling China's demand for resources, says Mike Elliot, global mining & metals leader at Ernst & Young. He tells CNBC that restocking is also seen resuming in other parts of the world.

High Oil Prices Will Offset Weakness in Gas

High oil prices this quarter will offset weakness in natural gas, says Jason Gammel, senior analyst, oil and gas at Macquarie Research Equities.

Crude Price Preferences

A fair price for crude is around the $55-level, says Daniel Cronin, senior commodities analyst PitGuru.com.

Time to Get in On Commercial Real Estate?

China and Australia's commercial real estate market will be the first to recover in the Asia Pacific region, believes David Green-Morgan, Asia Pacific research director at DTZ.

HSI Due for Short-Term Correction

The Hong Kong market is due for a short-term correction of up to 7%, predicts Vicks Poon, head of investment advisory at Fubon Bank.

 Print
Global stocks rose again Tuesday as investors grew more confident on improving earnings. Experts tell CNBC the non-stop pace of the rally could suggest it is getting overdone.

   
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