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.
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
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
With commodities prices still firm, these stocks should continue to benefit for some time. Commodities stocks have been leading the charge the past quarter.
Hans Kunnen
It's mostly a function of the aging population, the increased spending of people over 55 on health, the whole skew in society toward litigation and the need for extra tests. If you happen to be the company that's doing the tests, well that's good for your revenue.
Hans Kunnen
The big-picture fundamentals for commodities stocks is still in place. Nothing has actually changed. The sell-off in some sectors was not warranted.
Hans Kunnen
Investors are set to close out the year with good gains.
Hans Kunnen
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