Market are looking healthier going forward based on many factors..some are listed below in no order :
Markets HATES uncertainty.....so what do we KNOW NOW....
That there is a serious credit crunch...
That world government have realized this problem...
Every world economy is trying to INJECT more LIQUIDITY in their system....
There has been series of coordinated rate cuts to bring the cost of borrowing down....
There has been STIMULUS package by many nations to boost economic activity....
Last night China's Central Bank Governor predicted growth of 8% to 9% in 2009 in CHINA..
China announced a stimulus package of $586 billion and promised to continue easy monetary policy....
US has a new President-elect Barak Obama whose election has been CHEERED around the world...
Confidence is slowly building for a long term resolution of systemic problems faced because of credit crunch......
When.....
So much IS known.....
AND...
So much is being DONE....
Markets will move HIGHER......
So where money CAN be made.....????
The sectors which have been beaten down the-most will recover FASTER......
Material sector has seen the biggest SLUMP and HAS discounted SLOWDOWN in world DEMAND......
Material demand is NOT going away...just @ MORE reasonable PACE......
Prices will START FIRMING as we go forward.......
DE-LEVERAGING has played its role big time......things have gone down too far too fast...NOW there is a need for EQUILIBRIUM.....means pendulum will swing back to a normal mean.....
Financials are going through their 100Th new 52 week LOWS...which SHOULD come to an END....this sector will RECOVER going forward.....No economy CAN prosper unless Banks/Financial institutions are prospering.......
There has been a major focus on "HOPE/CHANGE" with the recent election...it IS a HUGE confidence builder......
So .....all in all markets MAY start giving its THUMBS UP in a big way to all the steps taken & being taken to help world economy .....
After a long time I can CLEARLY SEE that markets will RESPOND to FUTURE which IS much BRIGHTER than few weeks ago.....
So.....do not hesitate to start a position after doing your OWN due diligence.....
Good luck with your OWN homework.....
TIME to step up to the plate !!!!
BLOG does NOT give buy or sell.
Saleem
7 comments:
Hi Saleem,
Yes, you are so right on this one. It will take a few months to see the results of all the money being pushed into the system, but it will show. GS is saying next April,,,hey why not? Their guess is as good as any I've heard. We will see individual stocks slowly rise as confidence returns. If you wait for next April it will be too late. We'll see. China still a power house.
Best Regards
Hi Standards,
With TIME everything HEALS.....
World Central banks have a very good handle on what is going ON....
They all will PUSH this economy from recession to GROWTH in record time.....
NEVER before so MUCH has been DONE SO FAST !!!!
Saleem
Hi,
Hi Mueed,
Welcome to my BLOG.
Saleem
SALEEM
Btoomberg hates LVS
they panned all LasVegas stocks
said over leverages and weakening players
Dunno, can we go any lower?
Hi Madmax,
S&P Downgraded AFTER LVS went from$140 to $7......
Where were they in all this HUGE SLUMP.....
No wonder LVS is UP almost $1....
This downgrade has NO MEANING.....
Every sector is hurting thanks to recession....TECH,AG,Banks & Gaming...SO where is the SURPRISE??
Saleem
SALEEM
the talking heads can make news out of nothing---I can see that they try and manipulate the market!!!
I am glad that you believe and offered your point of view, I was so startled by the new
thanks
Gas is $2 per gallon in DC today -Great now we will get more Hummers on the road. I guess we will stop thinking GREEN
Well at least a Green open today
I like the Shippers going up-- get some
DRYS, DSX FRO, NAT all up ! RATES are on the rise--winter rates are coming and China needs oil, coal and iron ore to continue growing at 9%
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