Saturday, July 4, 2009

Betting BRIC EMERGING MARKETS

Unfortunately, this july started with an unexpected little slump in stocks, Jobs losses turned up and it was the principal cause for this slump more than 200 down the dow this thursday and it hurts...!!! ..Low Volume Transactions and some short sellers gaining the price for this time, All seem to be that past enthusiasm has been deteriorating through the days .
Well by the way, Meanwhile I am betting a little further...I believe that BRIC (Brasil, Russia, India and China) Emerging Markets would be a good bet for the moment instead of putting all the capital in US Companies. I Like Solar Stocks from China JASO, LDK, YGE, TSL, Low caps, dont pay dividends but they are good Growth stocks...TSL and JASO had doubled since last slump in last march. Good bet.
I also like ETF vanguard emerging markets VWO in my point of view they are not cheap right now ( none stock is cheap since march 2009) but they will have pretty much of further growth next months.

Emerging markets are growing faster than US, so meanwhile this turmoil passes I prefer to put a bit more abroad, I really like Chilean Lithium Company SQM (Sociedad Quimica Chile) it would be a good divesification in my portfolio and take advantage of momentum.

1 comment:

Anonymous said...

Hey China is good but may be a bubble as well