Tuesday, May 18, 2010

Investment Advice on the Radio

Markets are calmer this morning as concerns about Europe are easing a bit. After last week. As the saying goes "Out of crisis arises opportunity".
Here are my top 5 opportunities for investors to consider.
1. Oil has been range bound between $70 and $86 a barrell. It's currently trading at the lower end of that range.
2. Gold has been on a run lately and some would argue we are in a secular bull phase so buy on the dips. Gold rallied to a high of $1248 recently and has since reversed back to as low as $1200. 3. The TSX looks like it has found technical support. It just bounced off the 100 day moving average so may be an entry point after the recent pull back.
4. Credit Suisse believes Continental Europe is a buy and raised their recommended exposure to 15% overweight in a currency hedged position.
5. Visit yourlifeyourplan.ca.

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