We've moved
We have moved Trading Desk to a new home with better features and a new design! You can visit it directly, or subscribe to the RSS or Atom feeds
You can also visit our brand new home pages, www.nationalpost.com and www.financialpost.com
New blog address: http://network.nationalpost.com/np/blogs/tradingdesk/default.aspx
RSS: http://network.nationalpost.com/np/blogs/tradingdesk/rss.aspx
ATOM: http://network.nationalpost.com/np/blogs/tradingdesk/atom.aspx
Visit Trading Desk
Play it safe, advises Canaccord strategist
Posted on July 03, 2009
Although he is still optimistic that North American markets will rally higher over the next twelve months, Canaccord Adams portfolio strategist Nick Majendie thinks now is no time to swing for the fences. With a economy still in disarray, he says rallying stocks are due for a correction and investors should play it safe over the summer. In sum, in an environment of great uncertainty, we believe it is prudent at the moment to be cautious and more than usually conservative, Mr. Majendie said in a note to clients. This can be achieved through maintaining a fair degree of liquidity and...
Original article link
Subscribe to Trading Desk