European stocks are expected to end the week on a weak note amid continued concerns over the ceasefire between the US and Iran. Although Taiwan’s TAIEX outperformed as TSMC stock hit a new record high, this was due to the slump in stock prices on Wall Street that spread to Asia. U.S. futures rose tentatively on Friday, with a rally in tech stocks lifting the Nasdaq in premarket trading. Here are three investment strategies that can help you cut through the noise, as heard from CNBC’s London and Singapore studios on Friday. Kenny Porcari, partner and chief market strategist at Slatestone Wealth, said he advises clients to stay calm amid market volatility and take advantage of it by buying on the spurts and focusing on the picks and bargains of AI trades. He focused on stocks such as IBM, Microsoft, and Nvidia. “I think you’re going to start looking at Salesforce and ServiceNow. Those are down significantly starting this year, and at some point these names aren’t going away,” he added. “I’m more of a technologist than a fundamentalist,” Porcari told CNBC. Let’s take a look at the chart. Commodity Diversified Investor @GC.1 @SI.1 1Y Line Gold and Silver Over the Past 12 Months On navigating the stock market volatility, Dominique Schneider, Head of Commodities and Asia-Pacific FX CIO at UBS Wealth Management, said the market was complacent and advocated increasing exposure to commodities. Diversifying a commodity portfolio is about significantly reducing volatility, Schneider said, adding that the correlation between sectors is so low that broad indexes are just as volatile as stocks. “When stocks are in terrible shape, the whole stock market tends to go down,” he said. “That’s not the case with commodities.” “If you’re broadly diversified and you’re actually somewhere in the middle of 30% energy, 30% metals and 30% agriculture, you can definitely reduce this volatility,” he said, adding that this is key to long-term positioning. In the near future, investors with large sums of money in the U.S. will look for opportunities outside the U.S., such as in the U.K., Europe and emerging markets, he said. The valuation is quite low. “There are some very good companies in all of these markets, and there are a lot of people who would benefit from AI,” the CEO told CNBC. “If, by some miracle, some kind of comprehensive peace deal or ceasefire happens and the Strait of Hormuz is opened without any obstacles, I expect the American market to lag behind. So I would invest outside of that.”
