Quarter-End Mark Up/Looking Ahead
Source: http://briskycapital.blogspot.com/2009/06/quarter-end-mark-uplooking-ahead.htmlPosted on Monday, June 29th, 2009 | In Energy Markets, Market Commentary
I’m not surprised to see the market moving higher this morning. The funds are going to try and get those quarterly returns a couple of percentage points higher. Its easier to do in a market like this with little conviction and light volume. There will likely be a tailwind because of this, but it obviously won’t last long. br /br /So while I do believe we could move a bit higher, I still expect some type of correction during the summer months. I’ve written at length about this, and still feel this is what is likely to happen…br /br /As far as stocks, I’m not chasing anything, but I am actively looking to buy some stocks. Whether or not the economy strengthens, its probably going to be profitable to have exposure to equities. If we see a good amount of inflation, as many are predicting, stocks will probably follow, at least to some extent. There aren’t a lot of great alternatives right now either. You can’t get much of a return on cash, and investors will be getting antsy with their money. I expect money to gradually flow back into the market (I’ll keep an eye on fund flows and report some results). br /br /It will be a short, but interesting week.div class=”blogger-post-footer”img width=’1′ height=’1′ src=’https://blogger.googleusercontent.com/tracker/819581243324579563-6288070132724948817?l=briskycapital.blogspot.com’//div
Last 5 posts by Michael E. Brisky
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![]() About Michael E. Brisky (http://briskycapital.blogspot.com)
Welcome to "In the Know." Here I discuss macro trends in the market, and how I think investors can profit from them. I particularly follow energy stocks and other beneficiaries of secular growth. My investing style would best be described as a hybrid. A hybrid of value and growth; of fundamental and technical analysis. I think you have to be flexible to be a successful investor, but also disciplined. |




