Friday, November 21, 2008

PhillipCapital Market Watch 17-21 Nov

Sorry for the late video as I have been busy with school exams. Nonetheless this video gives good insights of stocks to look out for.

  • Swings are really big in the US market, 200billion lost in 15min
  • Fundamental Analysis does not work in such a market condition
  • However look out for US consumer stocks ( big names in terms of branding) as they are the 2nd cheapest in terms of valuation as compared to the financial sector. Almost an 80% drop in price, though their expected drop in EPS ( earnings per share) is expected to be only 20-25%

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