Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Two Ways: China's Great Wall of Exports


Strengthen your portfolio in good times and bad.

Global stocks could rally for another few months due to China's economic growth engine. So says Stanley Shopkorn, former head of equities trading at Louis Bacon's Moore Capital Management.

According to Bloomberg, Shopkorn believes falling inventories will lead to increased demand for Chinese exports, which could pump up the country's second quarter GDP to as much as 9%. Now a partner with Hilltop Park Fund, a hedge fund based in New York, Shopkorn says the rally "could have legs over the next several months" as central banks around the world have been doing all they can to boost spending and help the global economies.

Shopkorn warns against the old adage of "Sell in May, then go away," saying that it should be met with a bit of skepticism this year. But he does note that all the activities by the central banks isn't enough to create sustainable economic growth or a long-term rally in equities.

See Mr. Practical's My Reality.

From the Bull Pen: Will solar plays be heating up on an increased bid in the alternative energy sector? One can consider Sunpower Corporation (SPWRA). Those bullish can set a sell stop near $25.50-26.

From the Bear Cave: On the Buzz and Banter today, Minyanville professors identified the next significant point of resistance for the S&P 500 near 950. That could be the next best downside opportunity, if and when we get there.

Okay, Minyans. Have a great night!
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos