As the markets continue to defy the bears, a proper breakout could be on its way as early as next week. So watch for any pullback as a buying opportunity in these specific sectors recommended by MoneyShow.com senior editor Tom Aspray.
Stocks were choppy again last week, as Euro debt concerns once again pulled the rug out from under the market early Wednesday.
As the season has progressed, the Chicago Bulls have seen the development of a new star. This season, fourth-year guard Jimmy Butler has elevated his game to All-Star status. Butler is averaging career-highs in points per game (22.2), field goal percentage (48.7%), free throw attempts (8.3), rebounds (6.2), and assists (3.2).
Small and mid-sized firms in China have been hit harder by the weakening economy compared to large corporations. According to Shankar Sharma, India has successfully managed to retain its balance and to stimulate economy growth. Goldman Sachs downgraded its rating on Indian stocks to “underweight”. Following a six-day consecutive declines the BSE benchmark Sensex managed to erase all losses by gaining 179 points.
NEW DELHI: Planning to reenter India market or make fresh investment at current levels? Well, it is a great time to buy stocks at current levels or may be at further declines, but investors should have a minimum investment horizon of atleast 3-5 years, say experts. Market has come off almost 10 per cent from its record high hit back in March, largely weighed down by concerns over earnings disappointment, minimum alternate tax (MAT), below normal monsoon forecast, slow reform process, and other emerging markets which are looking more attractive atleast in the short term.
NEW DELHI: Having witnessed a sharp 10 per cent correction in benchmark indices from their respective record highs, analysts are of the view that it is time to pick quality stocks at lower valuations. They are betting more on large stocks which have corrected more than midcaps or small caps. Both global as well as domestic factors have led to a broad correction across sectors. But the fundamentals of Indian economy remain strong and most of the large cap stock companies are attractively valued post the correction, say experts.
MUMBAI: From clocking all-time highs in the month of March, the benchmarks are hovering near 200-DMA currently. As the month of May has been historically weak for the market, sub-8000 next month can be a reality. The Nifty is down nearly 8 per cent from its recent peak reached on March 3, its second biggest fall since June 2012. This gives investors a good opportunity to enter markets and add quality stocks, which have fallen sharply, in their portfolios. "We need to ride to this correction and markets, as you rightly mentioned, have come down.
By Jason Ditz:It's been tough days for gold bulls these past two years, with the price dropping form $1690 per troy ounce back in January of 2013 to just over $1200 per troy ounce today. That's a rough ride, and its been compounded by fear of a return to a strong dollar policy.Gold Price in US Dollars data by YCharts
Kurt Brouwer submits: This is a fascinating time for income investors because there are excellent bond fund managers who are bullish on bonds and think that interest rates are going to fall. There are others that are bearish because they believe rates are rising. Are the bulls right or are the bears correct? Keep reading for my rather surprising conclusion in the battle of the bond bulls and bears.
The global downturn has given added impetus to the privatisation process in India as the Government looks to balance its budget. The upcoming IPO for Coal of India was 15 times oversubscribedreflective of a dynamic which will serve to reinvigorate the Indian economy and ultimately spell good news for JP Morgan Indian Investment Trust ( JPMorgan Indian Investment Trust (LON:JII) ).
Privatisation is just one part of the economic liberalisation process with de-regulation, increased openness to trade and the strengthening of private property rights also being important.