Market Tips: Stocks Cyclical Recovery Still Has Legs
World stocks rose for a second day running on Tuesday and oil gained on rising expectations of a U.S. economic recovery. But another ratings downgrade for Greece tempered investors' optimism.
Experts told CNBC the recovery rally we've seen since March still has legs and that stocks in Asia and the U.S. hold value.
Markets Offer Good Value
Markets are cheap and offer good value at current levels, says David Cassidy chief strategist at UBS.
Cyclical Recovery Still Has Legs
Shane Oliver, head of investment strategy and chief economist at AMP Capital Investors is overweight stocks for 2010, saying the cyclical recovery from March still has legs.
Fundamentals Strong for US
The fundamentals are strong for the greenback but weakening in Europe and Australia, says Scott Morrison managing director at Tech Wizard.
Upbeat on Asia
Asia will be well supported in terms of its structural strengths versus the US and Europe, says David Cassidy, chief strategist at UBS.
Buy Chinese Shares on Dips
Yang Liu, co-chairman of Atlantis Investment Management is betting on China's economic recovery. She says investors should pick up mainland shares when a market correction occurs.
Be Nimble, Eye Emerging Markets
Stocks are entering the second phase of the bull market and investors must be nimble as the days of easy gains are over, says Shane Oliver, head of investment strategy and chief economist at AMP Capital Investors.
HSI in Consolidation & Profit-Taking
The Hang Seng is in year-end position adjustment and offers good opportunity for investors who have missed the rally, says Vicks Poon, head of investment advisory at Fubon Bank.
Gold Set to Pullback Next Year
Gold prices are set to pullback next year, says Matthew Kaleel, co-founder & portfolio manager at H3 Global Advisors. He tells CNBC that gold at $1,000-$1,050/oz will be a good entry point.
Gold Expected to Head Lower Next Year
Gold prices will drop substantially in 12 months time, says Kevin Curran, head of dealing at Foster Stockbroking.
Copper Likely to Outperform in 2010
Expect copper to outperform in 2010, says Tom Busby, CEO at Diversified Trading Institute.
Copper is looking exceptionally strong, says Daryl Guppy, CEO of Guppytraders.com as he charts the metals.
Crude Predictions for 2010
John Licata, chief investment strategist at Blue Phoenix tells CNBC that he sees the price for crude at $87/barrel by the later half of 2010.
Oil More of a Dollar Play
Crude continues to be more of a dollar play than anything else, says Tom Busby, CEO at Diversified Trading Institute.
More Dollar Volatility
John Kyriakopoulos, head of currency strategy at NAB Global Markets Research expects more dollar volatility in 2010 as markets debate when and by how much the Fed will raise rates.
Hedge currencies in the futures market or taking shorts against the rates, says Milton Ezrati, partner, senior economist and market strategist at Lord Abbett. Also, Daryl Guppy, CEO of Guppytraders.com charts the dollar index.
Investing in Realty
Real estate is the place to be in if investors are concerned about inflation, says Milton Ezrati, partner, senior economist and market strategist at Lord Abbett.
Property Yield Story Remains Positive
Tim Murphy, managing director of IP Global Ltd says yields from Asia's real estate remain positive. He also explains why he prefers physical properties to funds.
Go For Properties in Asia's Mass Markets
Investing in the region's real estate remains a good bet despite rising prices, says Tim Murphy, managing director of IP Global Ltd. Murphy recommends Asia's mass market where demand is strong.