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Vietshare Member	11-Jun-2020 11:14        Vietshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	Valid point.  However, I trust that banks have many clever ways to generate revenue.  And given that our 3 banks are visible primarily in the Asia Pacific where it is least impacted by COVID-19 and said to be the first region to recover, our local banks should do better than their counterparts elsewhere.  Besides, I believe when businesses start to reopen, there will be many SMEs etc and enterpreneurs eager to take advantage of the situation (e.g. closure of businesses, thus less competition etc) in the region that would have/want to seek loans to get into gear, pay rent, start-up etc.  Therefore, I am predicting a swift recovery for our local banks. Blessed27      ( Date: 11-Jun-2020 10:45) Posted: 3:39 pm: Bank stocks tumble Bank stocks tumbled in afternoon trading as Federal Reserve Chairman Jay Powell said that the central bank remains committed to keeping rates near zero for two years. The Financial Select Sector SPDR Fund slid more than 3%. Shares of Wells Fargo dropped more than 8%, while Citigroup and Bank of America each posted a loss of 5%. JPMorgan traded 3.5% lower, with Morgan Stanley and Goldman Sachs also in the red. Banks typically benefit when rates are higher since it widens the spread between how much they pay to borrow compared with their profits from loans. ?Pound USA bank stocks fell yesterday. With low interest and maybe more bad debts. It's quite a difficult time for banks now...
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Blessed27 Member	11-Jun-2020 10:45        Blessed27 About Contact  Quote this Post!
x 0   x 0  Alert Admin	3:39 pm: Bank stocks tumble Bank stocks tumbled in afternoon trading as Federal Reserve Chairman Jay Powell said that the central bank remains committed to keeping rates near zero for two years. The Financial Select Sector SPDR Fund slid more than 3%. Shares of Wells Fargo dropped more than 8%, while Citigroup and Bank of America each posted a loss of 5%. JPMorgan traded 3.5% lower, with Morgan Stanley and Goldman Sachs also in the red. Banks typically benefit when rates are higher since it widens the spread between how much they pay to borrow compared with their profits from loans. ?Pound USA bank stocks fell yesterday. With low interest and maybe more bad debts. It's quite a difficult time for banks now...
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john_ric Supreme	10-Jun-2020 15:36        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	any drop will be mild and  short live. reasons:  1) 2H results and dividend announcement coming soon in Aug. 2) election coming soon so must have a sense of the ground is sweat. 3) DOW wil not drop as they have election in Nov. Trump only let the market crashes when he loses. . .
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xdarkfaith Member	10-Jun-2020 15:06        xdarkfaith About Contact  Quote this Post!
x 1   x 0  Alert Admin	thinking of going in for the long term, but gut feel telling me there will be a drop shortly.. thoughts?
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limcs84 Member	10-Jun-2020 14:23        limcs84 About Contact  Quote this Post!
x 0   x 0  Alert Admin	he also mentioned " At an affordable price" NT1825      ( Date: 10-Jun-2020 09:42) Posted: Good push up. Take note: Every Singaporean who needs a Covid-19 vaccine will get one when it becomes available: Lawrence Wong my view: something to look forward to
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NT1825 Master	10-Jun-2020 10:03        NT1825 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Once both sides calm down, px will over run 10.00. Both DBS and OCBC move in tandem, aleays incirent      ( Date: 10-Jun-2020 09:09) Posted: I was right, it is rising > 6 cents
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NT1825 Master	10-Jun-2020 09:42        NT1825 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good push up. Take note: Every Singaporean who needs a Covid-19 vaccine will get one when it becomes available: Lawrence Wong my view: something to look forward to
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trademaster Supreme	10-Jun-2020 09:10        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	Be careful funds back in lately to push up for the big trigger down... incirent      ( Date: 10-Jun-2020 08:02) Posted: Dow Jones Up 300+ points yesterday June 9 and OCBC was down 6 cents. Today, DJ down 300+ points, OCBC should go back up, at least, by 6 cents. Just guessing.
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incirent Senior	10-Jun-2020 09:09        incirent About Contact  Quote this Post!
x 0   x 0  Alert Admin	I was right, it is rising > 6 cents
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incirent Senior	10-Jun-2020 08:02        incirent About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dow Jones Up 300+ points yesterday June 9 and OCBC was down 6 cents. Today, DJ down 300+ points, OCBC should go back up, at least, by 6 cents. Just guessing.
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incirent Senior	09-Jun-2020 08:33        incirent About Contact  Quote this Post!
x 0   x 0  Alert Admin	With all the positive things happening around the world, my prediction is $11 by the end of the month.
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NT1825 Master	09-Jun-2020 08:29        NT1825 About Contact  Quote this Post!
x 0   x 0  Alert Admin	can see 10.20 this week intra day. Hints of GE was released yesterday.
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john_ric Supreme	08-Jun-2020 19:38        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	DOW printing free money to buy real good solid bank shares. .
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fwei78 Senior	08-Jun-2020 17:10        fwei78 About Contact  Quote this Post!
x 0   x 0  Alert Admin	lai liao, back to normal level
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FATABA Supreme	08-Jun-2020 16:50        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Bro when above $10 what are u going to use ? LOL Starship      ( Date: 08-Jun-2020 16:47) Posted:
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Starship Supreme	08-Jun-2020 16:47        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin
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Starship Supreme	08-Jun-2020 16:38        Starship About Contact  Quote this Post!
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FATABA Supreme	08-Jun-2020 16:38        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Strong lah ......975 ........200D ma is 10.24  Sg Yuan ....what is yr wave target / many thks  FATABA      ( Date: 08-Jun-2020 13:48) Posted: Hope u didnt short .  TOday highest vol .....but surprise the least noise in this forum out of the 3 banks ?  Dyodd hengonghuat128      ( Date: 08-Jun-2020 08:32) Posted: Can short today?
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Hector Veteran	08-Jun-2020 16:29        Hector About Contact  Quote this Post!
x 0   x 0  Alert Admin	any TP? Banks has been moving up for past few days liao...
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Battle123 Elite	08-Jun-2020 15:10        Battle123 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Juz thinking only  trying to reach the limit then crashing down hard
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