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STI to cross 3000 boosted by long-term investors
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risktaker
Supreme |
13-May-2016 17:58
Yells: "Posts are opinions. Do not take it as investment advise " |
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Hong kong economy contracted....in first qtr.... no wonder... | ||
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WanSiTong
Supreme |
13-May-2016 17:14
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Oil prices take breather but uptrend likely to continue   Oil fell in Asia Friday as investors took a breather from a recent price rally spurred by the International Energy Agency' s forecast that the crude oversupply would shrink dramatically later this year. The uptrend is likely to continue as the IEA report shows that a rebalancing of the supply and demand situation could come in sooner rather than later, analysts said. Demand is expected to grow at a " solid" rate this year, boosted by India' s needs, the IEA said Thursday as it projected that the oil surplus " will shrink dramatically" later in the year. The stubborn oversupply resulting from high production levels and weak demand has burdened the market for nearly two years. While prices have surged to six-month highs this week after plunging below US $ 30 in February, they are still 60 per cent off their value of more than US $ 100 a barrel in June 2014. At around 0620 GMT, US benchmark West Texas Intermediate for June delivery was down 39 US cents, or 0.84 per cent, at US $ 46.31 and Brent crude for July fell 30 US cents, or 0.62 per cent, at US $ 47.78 a barrel. Both contracts closed one per cent higher Thursday after the IEA report was released, and analysts said the uptrend was likely to continue despite occasional dips. The IEA " signalled that the non-Opec oil output could decline by a larger amount than expected this year, while demand appears to be rising more than initially forecast," said Alex Wijaya, senior sales trader at CMC Markets in Singapore. BMI Research said it was bullish on the oil market over the next three to six months " as prices remain locked in a resilient uptrend and market oversupply will continue to rebalance" . Traders are also setting their sights on a June 2 meeting of the Organization of the Petroleum Exporting Countries. Opec and non-Opec producers in April failed to reach a deal to freeze output.   |
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WanSiTong
Supreme |
13-May-2016 17:10
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Hong Kong, Shanghai end week down Hong Kong and Shanghai shares closed lower Friday, extending the previous day' s losses and capping off a turbulent week in Asia as traders look ahead to the release of Chinese economic data at the weekend. The Hang Seng Index slid 0.99 per cent, or 196.17 points, to 19,719.29. The benchmark Shanghai Composite Index lost 0.31 per cent, or 8.75 points, to 2,827.11, while the Shenzhen Composite Index, which tracks stocks on China' s second exchange, dropped 0.32 per cent, or 5.70 points, to 1,784.33.   |
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risktaker
Supreme |
13-May-2016 16:16
Yells: "Posts are opinions. Do not take it as investment advise " |
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For all newbies.... if VIX is 20 u start to worry.... if VIX is 25 means sell all the way...thats my view | ||
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risktaker
Supreme |
13-May-2016 16:15
Yells: "Posts are opinions. Do not take it as investment advise " |
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So far 17600 seems holding very well... havent go below yet.. maybe retailer have a big positive surprise tonight grow at 1.0 lol but analyst expected to be at 0.9... any positive number is good enough i think
Trade at ur own risk |
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risktaker
Supreme |
13-May-2016 16:10
Yells: "Posts are opinions. Do not take it as investment advise " |
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Buy at -100 and sell -70... one easily can make 3k... vix is still low means no big move... relatively safe... but not gurantee | ||
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risktaker
Supreme |
13-May-2016 15:53
Yells: "Posts are opinions. Do not take it as investment advise " |
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Dow rebounding.... see they flushing weak players only | ||
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FATABA
Supreme |
13-May-2016 15:40
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Singapore .....STI ....still one of the developed economy in SEA and more so still with many frist class facility and strong talent pool. The best honest govenment and work force...( relatively compare to our neighbours....in case this start another debate....) So our best banks like OCBC and DBS are below book value....and our 2 best oil rig builder in the world are at 2.60 Semb and 5.10 Kep..... every sell there is a buy....WHO is buying them ???    I guess many retails are throwing out due to fear..... DYODD ....time will come when everything reverse....and we start chasing it at high for these buyers ( now) to sell off.   |
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EthanChung
Member |
13-May-2016 15:37
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ya exactly. STI really terok, everybody is dumping like nobody' s business.  |
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risktaker
Supreme |
13-May-2016 15:34
Yells: "Posts are opinions. Do not take it as investment advise " |
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Lol me too... anyway nowadays i see US futures -100pts also no scare ... becos the US can claw back everything easily....see that many times
But HK and STI omg....we like in bear market... angmo keep throwing shares ....
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EthanChung
Member |
13-May-2016 14:20
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haiz yup but i was contraing these few weeks that' s the prob. omg!  |
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nyde1d1th
Veteran |
13-May-2016 14:11
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maybe the us shorting the world markets to prop up the us market... yes most pity is japan market...like lackey to us market... |
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risktaker
Supreme |
13-May-2016 14:10
Yells: "Posts are opinions. Do not take it as investment advise " |
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I really pity japan... most 可 怜 have to keep buying bonds and treasury...they cant say NO... typical vessel state... must pay protection money.. | ||
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risktaker
Supreme |
13-May-2016 14:07
Yells: "Posts are opinions. Do not take it as investment advise " |
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If all market drop like crazy we undestand la... can we query NYSE why dow jones index is holding near all time high? If NYSE really control.. think 90% of listed coy there will kenna query.. and after after investigation most stocks are being trade by a small gro of investors lol...
My story la... too boring
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nyde1d1th
Veteran |
13-May-2016 13:37
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im surprised hsi so suppressed |
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risktaker
Supreme |
13-May-2016 13:23
Yells: "Posts are opinions. Do not take it as investment advise " |
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Totally feel u... i also lost alot of money.... relax... dont contra ... the BB cant squeeze u | ||
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risktaker
Supreme |
13-May-2016 13:22
Yells: "Posts are opinions. Do not take it as investment advise " |
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Dont believe it can be down so much.... or a bear market until dow jones crack its all noise.. hold on tight but trade within ur means
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EthanChung
Member |
13-May-2016 13:07
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I hope so, lost everything I made from 2 weeks ago and still in the red. Ouch. Market is abnormal. The BB or Big Shorties are playing the game and the retail investors are cringing! |
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risktaker
Supreme |
13-May-2016 13:03
Yells: "Posts are opinions. Do not take it as investment advise " |
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Cant be down all the time one right...
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darocupcake
Master |
13-May-2016 13:03
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Is it becoz of our finance minister? I hope he recover soon
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