LONDON, July 8, 2011 /PRNewswire/ --
Leading UK investment manager Stephen Sutherland says, "The bull market that began in March 2009 has further to go."
Sutherland has a history of successfully timing the market at key junctures. He called the start of the bull market that began March 2003 and also called the beginning of the present bull market that began in the first quarter of 2009.
"The market has been correcting since the 2nd May 2011 and from my daily analysis, it is pretty clear that since the correction bottomed out on the 16th June, institutional investors have been secretly buying, helping the market and stocks to recover off their recent lows. It’s also obvious from the bearish nature of the financial media that most people are missing out on what’s really going on; including many full-time traders. Due to the extent of the recent negative news headlines, most uneducated investors mistakenly think the market is going to head lower."
He continued, "Trading volumes are always low at this time of the year due to investors taking their holidays over summer. This makes market reading more difficult and that’s why knowing if leading stocks are acting well or acting unwell is critical."
Sutherland reiterated, "During a correction period, when I see the markets best stocks showing bottoming action, I know it’s only a matter of time before the general market follows."
Quarter two of the financial calendar is now over and so far the performance of the markets has been pretty flat. But what does Sutherland think is going to happen in the second half of the year?
"When markets move sideways, stocks and investment funds move sideways too. The first two quarters of this year have been a period of rest and recuperation. After the robust gains made in 2009 and 2010, the market was due a rest and the recent correction has been perfect in helping to reset the market. With the market resting for the last six months, I expect solid returns for the final two quarters of the year. Now is a great time to be invested," beamed Sutherland.
Notes to Editors:
ISACO Ltd was founded in November 2001 by brothers Stephen and Paul Sutherland and is an FSA regulated business (FRN 525147).
ISACO help over 300 clients grow tax-free wealth using Stocks and Shares ISAs, personal pensions, and SIPPs.
- 62.9% in 2009
- 27.2% in 2010
- 1688% since 1997
Paul Sutherland is the managing Director at ISACO and known as the creator of "Shadow Investing."
Stephen Sutherland is ISACO’s chief investment strategist and one of the UK’s leading investment managers. He's also the bestselling author of 'Liquid Millionaire.'
Stephen is a regular commentator on business television and radio, personal finance newspapers and magazines and other market commentator mediums.
'Liquid Millionaire' is available from Amazon.co.uk, Waterstones and all other leading book stores. Review copies, as well as interviews, are available to the media on request.
ISACO is authorised and regulated by the Financial Services Authority. ISACO Ltd’s FSA firm reference number is 525147.
SOURCE ISACO Ltd