Monday's market rally was short-lived with Asian stocks making humble gains while European stocks fell Tuesday. In the midst of the market volatility, experts tell investors to tread carefully around the rallies but that there are some signs of a market bottom.
A real recovery in technology stocks is expected for 2010, but now is the time to hold some telecom stocks, analysts interviewed by CNBC say.
Remain Skeptical About the Rally
Investors should remain skeptical about the rally, advises Sean Darby, head of regional strategy at Nomura International. He suggests playing this through owning some of the listed exchanges in Asia.
Stock Rally is 'Dubious': Strategist
"Compared with where we were at this time a year ago, equities are cheap, there's no question about that. But we remain really dubious about the sustainability of this market rally that we've seen just in the last few days," Stephen Koukoulas from TD Securities told CNBC.
Some Signs of a Market Bottom
The U.S. markets could be on the verge of a turn as Milton Ezrati, partner, senior economist & market strategist at Lord Abbett sees some signs of a market bottom.