After a train ride in the mountains of the first two weeks, this will be the 2011 good to sit back, frame, the rest of the year market outlook. The problem, however, with the perspective look very is that it does not become useful our daily trading activity. I'll try to share my long term view and describe how I think and share in General will work out of his way in the coming weeks. Similar forecasts and outlook are as navigation tools and a map but. When you receive different points, things look different. The map tells you where you're going, but it is up to make adjustments along the way.
Fundamentally, things are going for the market are:
1) long that economic growth underpinned by:
Restore the sectors of industry and export growth in the BPO sector job, and services, andgrowth bacerchn spend a large part fueled by OFW remittances.2 low interest) which will be stable in early 2011.
3) a high level of confidence the business expectation of infrastructure programs carried out by the Government.
4) the business cycle has bottomed out that before 12 months.
I think that all of these contribute to revenue growth between companies and certain ones PSE moderate. Moreover, some companies you can program more strongly by the business environment, especially if you're a real investment. A case is the infrastructure that you can attract a large slice of foreign direct investment as well as migrating from local conglomerates.
Now, this is a long view. Near-term portfolio flows through very affected by outside stock selection fund managers that can be performed. Here are some where.
I suspect that these will be in the coming weeks buy is MPI, AP, AEV, DMC, KEEP an SCC CLUSTER. These healthy stock saw Union become agitated people to it. I have a feeling that many of the spaces that can be much easier to their portfolios received in these. In my opinion to see the banking stocks with a critical perspective, considering that the lending spreads may be at risk just by low interest rates. Imagine banks with a vibrant and varied business blend well or those who have a good record of profitability that these leads in several weeks. I would say that is selections from entry, SECB and UBP. For the property, I suppose that the VLL LND due to work, but to the recent announcement on the establishment of AGI into Boracay property opens up a whole new ball game for LND as they use an existing property, leisure games odds.
Mines, my suggestions are still in NIKL and ORE. Ore a bit speculative game, but my sources tell me at least 86 tons has been stockpiled and ready for delivery. If you try all with Ofra, only to forget this company can still create a track record. This is a big risk.
I seem exciting to the list of essential voice that I stock I choose to go every year. In the meantime, you can feel it in January the impact is now us. Made a lot of re-balancing by foreign portfolios. If it is going to be any accumulation should be done before to 4Q 2010 earnings results disclosures, you will in the coming days. It is better to be a rather long have something in your portfolios.
January 2011-posted by Gus Cosio | Financial markets are in Asia be first like this post.
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