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Market Tips: Get Over Dow 10K, Look at Earnings

Upbeat corporate results lifted investors' sentiment again on Thursday, sending world stocks to near 13-month highs. On Wednesday, the Dow broke through 10,000 for the first time in over a year on the back of strong earnings from JPMorgan Chase and Intel. Experts told CNBC the only thing that matters now is U.S. earnings.

Strong Earnings Fuel Dow

Strong earnings from financials will sustain Dow levels, says Bill Smith, president, CEO and senior portfolio manager of SAM Advisors.

Dow Hitting 10,000 Mark Not Significant

The Dow hitting the 10,000 mark does not mean a great deal, says Bill Smith, president, CEO and senior portfolio manager of SAM Advisors. He tells CNBC that the only thing that matters is U.S. earnings.

Earnings Season Positive for Equities

Peter Elston, chief strategist at Aberdeen Asset Mgmt. Asia, says earnings are unlikely to disappoint given low expectations and should be positive for equities short-term. He tells CNBC he likes stocks like BHP Billiton as commodity prices are now at reasonable levels.

Go Long on Gold

Gold will go up significantly higher if traded from a long-term perspective, says Aaron Smith, managing director of Superfund Financial.

Investing in Gold

Gold hit an all-time high of $1064 overnight. Jay Taylor, president & CEO of Taylor Hard Money Advisor sees gold in an uptrend.

Bullish on Gold

Jay Taylor, president & CEO of Taylor Hard Money Advisors says the global economy is still facing deflationary pressures but he remains bullish on gold.

Strong Trend for Gold Prices

Expect a consistent strong trend in gold prices over the medium term, says Arthur Hood, the CEO of Lihir Gold. He shares his outlook for the precious metal.

Rising Oil Prices

Nymex crude rose for the sixth straight day, toward $76 a barrel. David Ernsberger, Asia editorial director at Platts tells CNBC there are many factors working against the oil markets, such as oversupply and stockpiles, that may put pressure on prices very soon.

Bleak Future for Greenback

The dollar does not have much of a future in the medium to long-term, says Martin Hennecke, associate director at Tyche.

AUD-USD Parity in Next 6 Months

The Aussie could push toward dollar parity in the next six months and Australia's interest rates at 4.5% by end-2010 is a possibility, says Brian Redican, senior economist at Macquarie Group.

Upside in Aussie, Kiwi & Euro Seen

Expect more upside in the Aussie, Kiwi and euro following the Dow's 10, 000 breakthrough, says Lee Wai Tuck, currency markets strategist at Forecast.

Australia Market to Pass 5,000 Mark

Australia's S&P/ASX 200 could trend past the 5,000 mark with its strong Aussie dollar and economy, says Aaron Smith, managing director of Superfund Financial.

Outlook for China Steel Firms

Chinese steel firms are unlikely to outperform POSCO's third-quarter earnngs, says Helen Lau, senior research analyst at OSK Securities. But Lau is positive about the next quarter as she expects Chinese steel price to rise on higher global prices and improved external demand.