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STI to cross 3000 boosted by long-term investors
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risktaker
Supreme |
22-Aug-2015 13:28
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
next support 16000.... if the bull is in fact here | ||||
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samudra
Veteran |
22-Aug-2015 13:22
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x 0
x 0 Alert Admin |
The worst is yet to come. Every things are bad. Economy is gloomy, recession is here, Big Bad Bear is at the door. Better save your bullets and use later
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Goldfinger
Supreme |
22-Aug-2015 11:21
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x 0
x 0 Alert Admin |
Like the AFC and GFC all over again..
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lglg666
Supreme |
22-Aug-2015 10:31
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x 0
x 0 Alert Admin |
Have the feeling like the stock markets everywhere are having a hard times....this past week was US after what was happening in China. Soon it's all over the world. Stay clear and keep bullets dry. The actual bloodbath will happen soon. Go google the event called shemitah cycle. Just read and take it with a pinch of salt....no body knows what the future holds. My 2 cents | ||||
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taxiuncle
Veteran |
22-Aug-2015 10:05
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x 0
x 0 Alert Admin |
Wonder the blood bath will ends when? |
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cowabunga
Veteran |
22-Aug-2015 09:20
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x 0
x 0 Alert Admin |
Huat Ahhhh!!!! |
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Siwomp
Supreme |
22-Aug-2015 09:16
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x 0
x 0 Alert Admin |
monday day short the hsi put and long the hsi call...... huat ah! | ||||
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WanSiTong
Supreme |
22-Aug-2015 07:30
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x 0
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Dow -3.12% 16,459.75 / -530.94 Nasdaq -3.52% 4,706.04 / -171.45 S& P -3.19% 1,970.89 / -64.84 Dow plunges 531 points America' s stock market plunged dramatically Friday, marking its biggest loss of the year. The Dow plummeted 531 points, concluding its worst week since 2011. Around the world, major indexes also fell for the week and most are negative for the month. Three big factors are driving this week' s worries: 1. Concerns are growing that China' s economy is slowing down faster than its government has said. 2. Investors had been preparing for the US Federal Reserve to raise its benchmark interest rate in September. However, the central bank has been sending mixed signals. That' s dredging out the market' s worst enemy: uncertainty. 3. Oil prices dropped below the key $40 level for the first time since 2009. Related: America' s favorite stocks in bear market territory The Dow fell into correction mode, down 10% from its most recent high point on May 19. Overseas stock markets' losses were just as bad, if not worse, with some indexes in China and the UK stock market all now in correction. The S& P 500 was also down 5.7% for the week, its worst weekly performance since 2011, while the Nasdaq fell 6.8%, also in correction territory. Despite these dire numbers, it' s worth remembering that US stock indexes hit record highs earlier this year, after logging double-digit gains in each of the last three years. How bad is China' s economic slowdown? The latest red flag came Friday morning from China. The government reported that its manufacturing activity -- a key sign of economic performance -- hit a 6-year low in July. After the government devalued its currency last week, Wall Street has become extra worried about the China slowdown. Although Chinese officials say the economy grew 7% earlier this year, many experts wonder if it' s worse. " There' s nobody that really believes that China is growing at 7%," said Tim Anderson, managing director at MND Partners in New York. " They' re afraid to say to what degree their economy has really slowed down." Related: China' s stocks have tanked 11% this week Will the Fed raise rates in September As if China wasn' t worrying investors enough, the odds of a Fed rate hike in September seems to have lowered. Earlier this week, the central bank released the minutes from its July meeting, which showed some members are ready to go forward with a rate hike while others are concerned about the global economy and non-existent inflation in the US The uncertainty from the minutes -- along with China -- was a one-two punch that drove the markets down further. " I am still saying yes [for September], but I have much less conviction," says David Joy, chief economist at Ameriprise Financial in Boston. " It' s still an open question on whether they would move in September or not." Related: Netflix shares dive 15% this week Oil prices are at 6 1/2 year lows And then there' s oil. Crude oil prices fell below the key $40 a barrel level. A year ago a barrel of oil was about $100. Oil is a lifeline of economic growth for many developing countries, which are also seeing their currencies lose value because of their economic exposure to China. Brazil' s currency, the real, has fallen 9% against the dollar in just the past 4 weeks. Colombia, Chile, Vietnam and Indonesia have also seen significant currency drops against the dollar. Less demand for oil hurts these country' s economies, which rely on China as a trade partner. The fall in oil prices is hurting US energy stocks too. Exxon (XOM) and Chevron (CVX) are down 27% and 41% respectively over the past year. Related: China' s economy is in trouble. How bad is it?.......Read more |
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Peter_Pan
Supreme |
22-Aug-2015 05:37
Yells: "kopi-o siu dai mai hum!" |
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x 0
x 0 Alert Admin |
sibeh jialat
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Peter_Pan
Supreme |
21-Aug-2015 20:52
Yells: "kopi-o siu dai mai hum!" |
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x 0
x 0 Alert Admin |
use mopiko.. | ||||
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samudra
Veteran |
21-Aug-2015 20:47
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x 0
x 0 Alert Admin |
Things will get better only after the storm is over.....how long no body know..... |
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Goldfinger
Supreme |
21-Aug-2015 18:52
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x 0
x 0 Alert Admin |
When retail investors lose money - they stop spending and tighten belts. Whole economy gets hit. Businesses go bust. Jobs get lost. Sad state of affairs..
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Siwomp
Supreme |
21-Aug-2015 13:23
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x 0
x 0 Alert Admin |
Huge swings are the best time to trade HSI call and put warrants..... just like going casino..... short the call and long the put.... | ||||
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WanSiTong
Supreme |
21-Aug-2015 12:43
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x 0
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Noon Market STI slumps 2.01% to 2,949.2 at middayAugust 21, 2015 : 12:06 PM The Singapore market registered losses at midday on Friday, amid a broad retreat in other Asian bourses. The Nikkei 225 and Hang Seng Indices slipped around 2%, while the KOSPI shed 1.7%. Meanwhile, the Shanghai and Shenzhen Composite Indices declined 1.6% and 2.6% respectively. By 12 noon, the Straits Times Index was down 2.01% to 2,949.2. Market breadth was negative. Excluding warrants, decliners outnumber gainers 368 to 45. The Straits Times Index traded between 2,947.87 and 2,975.57, after opening 1.6% lower at 2,961.58. A total of 949.9 million shares worth $ 770.7 million changed hands, giving an average price of about 81 cents per share for the entire market. Bernard Aw, Market Strategist at IG Asia, says:. " The leads from overnight markets in the US and Europe suggest that we should see weak sentiments spreading to the Asian stock markets today In Singapore, the Straits Times Index (STI) is teetering on the precipice of 3,000 and we could see traders testing below this psychological level today. " Pacific Andes, Noble Group , China Fishery, WE Holdings , and SIIC Environment were among the most actively traded counters. Among the decliners, Pacific Andes Resources Development tumbled 38% to 2.6 cents after a trading halt on its shares was lifted. The supplier of frozen seafood products was informed by MAS and CAD that they are investigating an offence under the Securities and Futures Act which require the company to provide to MAS and CAD certain information and documents. China Fishery Group , an indirectly-owned subsidiary of Pacific Andes, also plunged 49% to 7.2 cents after a trading halt on its shares was lifted. The company, which operates fishing vessels, also received a similar notice from MAS and CAD. IPS Securex Holdings slipped 3% to 78 cents despite the security products and solutions provider doubling its FY15 net profit to $ 2.3 million from a year ago. Revenue rose 25.9% to $ 15.7 million during the year. Companies that went ex-dividend on Friday include Haw Par Corp (Financial Dashboard), Hong Leong Finance and QAF . |
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tomhanks
Master |
21-Aug-2015 11:50
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x 0
x 0 Alert Admin |
why this non-stop yakking abt bear market. People who make money still make it bull or bear.
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Siwomp
Supreme |
21-Aug-2015 11:47
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x 0
x 0 Alert Admin |
VIX is only 19+..... no panic in US mkt yet...... so no capitulation yet..... so more correction to come, puntuated with dead cat bounces.... | ||||
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GorgeousOng
Supreme |
21-Aug-2015 11:45
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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x 0
x 0 Alert Admin |
If you wanna to multiple your wealth .... stay out from market..... Scoop up later！ |
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risktaker
Supreme |
21-Aug-2015 11:42
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
just want to be fair.... as every big drop for the past 6 years dow have actually came back stronger..... we havent got the bear market signal of more than 20%drop.... no one can tell...
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samudra
Veteran |
21-Aug-2015 11:37
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x 0
x 0 Alert Admin |
Hi friend if you have deep pocket is good. You can buy . Now economy is very gloomy. Many SMEs is suffering form no or low orders. Recession is already here. Believe or not the big and strong bear already arrived and ready to maul .....ha...ha...ha....just watch
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risktaker
Supreme |
21-Aug-2015 11:31
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
i do believe this maybe a correction that is overdue.... maybe 10%.... dow already corrected from 18351 till 16990... that's -1300ish points..... we may see another strong support pretty soon.... 16500-16800... buy on dip ? once rebound kick off dow will come back stronger..... | ||||
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