Alto Capital's Tony Locantro says we're now seeing some long overdue volatility in the market and stocks falling to decent values. ''We had the Dow Jones up above 28,000, we had gold knocking on US$2000, both of those were extremely crowded trades''. ''We had the NASDAQ at stupid levels as well so I think once the stimulus is removed and the traders get a bit of a beating let's get back to fundamentals''. As far as stocks he's keeping an eye on, Locantro mentions Mako Gold (ASX:MKG), Adalta Ltd (ASX:1AD) and Eagle Mountain Mining (ASX:EM2).
Tony Locantro says stocks now falling to 'decent values' amidst market volatility
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Price: 0.115 AUD
Market Cap: $29.58 m
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