×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: dip | Stocks | Inflation | Hits

Use Looming Dip to Scoop Up Stocks Before Inflation Hits

By    |   Friday, 10 February 2012 01:35 PM EST

We have seen an impressive run in U.S. stocks in the past few weeks. Despite all of the bad news out of Europe and the like, the markets have used this as a typical “wall of worry” to climb in price in recent weeks.

The Nasdaq 100 broke out to multiyear highs. Many sectors have broken out to new highs as well. But I expect pullbacks of 3 percent to 7 percent in the coming weeks.

Gold and gold stocks rallied strongly from their December lows. Solar stocks (which I discussed months ago) have bounced strongly. However, now is time for a pause.
___________________________________________________________


Get David Skarica's Gold Stock Adviser — Click Here Now!

___________________________________________________________


Recent news about an impasse in Greek austerity measures and another strike in Greece is probably going to be a cause for a pullback in the markets.

However after such a pullback, I still think we will see a continuation of this rally in the spring. Therefore, I would look for sectors and stocks you like to buy amid such a pullback.

My favorites remain energy, alternative energies, gold and precious metals, which I think will all resume their bull runs sometime by late winter into the spring.
___________________________________________________________


Editor's Note: Get a free copy of David Skarica’s "The Great Super Cycle" — Read More — Click Here Now.

_________________________________________________________

Governments are going to continue to print money so I am more biased toward inflation-oriented plays that will benefit from more inflation going forward.

About the Author: David Skarica

David Skarica is a member of the Moneynews Financial Brain Trust. Click Here to read more of his articles. He also writes the Gold Stock Adviser. Discover more by Clicking Here Now.

© 2023 Newsmax Finance. All rights reserved.


284
2012-35-10
Friday, 10 February 2012 01:35 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved