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Strategies & Market Trends : The coming US dollar crisis

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To: axial who wrote (20190)5/5/2009 11:21:38 AM
From: zamboz  Read Replies (1) of 71405
 
Time to Put Money Into Stocks: Experts
Published: Tuesday, 5 May 2009 | 10:04 AM ET
By: JeeYeon Park

Eric Ross, director of equity research at Canacord Adams, and Brian Belski, chief investment strategist at Oppenheimer, said now is the time to get into the market.

“It’s not too late to get into the market,” Belski told CNBC. “We believe the majority of the downside is behind us in terms of fundamental and price weakness.”

“The economy is stabilizing and the markets are liking it,” said Ross. “If you’re a trader, you can probably buy into the market and still play it upwards."

Ross did add a caveat: "There’s not a lot of fundamental bad news until the July reporting season. I’m not expecting bad news, but it’s the next fundamental time for [potential bad news].”

article includes analyst recos on various sectors.
cnbc.com|headline|quote|text|&par=yahoo
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