The big-picture fundamentals for commodities stocks is still in place. Nothing has actually changed. The sell-off in some sectors was not warranted.
More Quotes from Hans Kunnen:
There's something new to worry about now with oil. There's always plenty of supply-side shocks with oil, and it's not found in the most stable parts of the world.Hans Kunnen
There have been more surprises on the upside than the downside, and the outlook statements have been encouraging enough to at least convince investors to stay in the market.
Hans Kunnen
Times will change, but not in 2006. It's not so easy for phone companies like Telstra to make money like they used to. They're a hard sell to investors.
Hans Kunnen
The world is a difficult place for phone companies. The margins and profits for companies like Telstra in earlier years were based on an environment that no longer exists.
Hans Kunnen
Earnings growth is still in the pipeline for next year and commodities forecasts are being revised up, so no one is willing to pull the plug on resources stocks just yet. Some of them are in play, so there's added incentive to buy gold stocks.
Hans Kunnen
BHP and Rio are setting themselves up for growth for the next five years. Volumes will go up and that will boost their earnings.
Hans Kunnen
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Based on Topics: Place QuotesBased on Keywords: big-picture
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