| Latest Forum Topics / Others |
 Post Reply
|
|
STI 3,000 boosted by pivot investors mkt players
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
Octavia
Supreme |
15-Jan-2014 12:45
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Baltic Dry Continues Collapse - Worst Slide Since Financial CrisisDespite 'blaming' the drop in the cost of dry bulk shipping on Colombian coal restrictions, it seems increasingly clear that the 40% collapse in the Baltic Dry Index since the start of the year is more than just that. While this is the worst start to a year in over 30 years, the scale of this meltdown is only matched by the total devastation that occurred in Q3 2008. Of course, the mainstream media will continue to ignore this dour index until it decides to rise once again, but for now, 9 days in a row of plunging prices is yet another canary in the global trade coalmine and suggests what inventory stacking that occurred in Q3/4 2013 is anything but sustained. Baltic Dry costs are the lowest in 4 months, down 40% for the start of the year, and the worst start to a year in over 30 years... 
As we noted yesterday... Of course, we are sure the 'lead' that the Baltic Dry seems to have over global macro will be quickly ignored... 
Charts: Bloomberg |
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
bishan22
Supreme |
15-Jan-2014 11:08
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
SPHReits Ex D affecting the mother share. No need to worry. Still making profits. Good luck.
|
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
Shirleyfong88888
Veteran |
15-Jan-2014 11:03
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
But my Beloved SPH keeps going down leh.......😞
Any idea?
|
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
teeth53
Supreme |
15-Jan-2014 10:23
Yells: "don't learn through life, learn to grow with life " |
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Better ask the Angmo don do putting, buy down or talk bad about Sing dollar or else just like George Soros...wait kena burnt again. | |||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
WanSiTong
Supreme |
15-Jan-2014 09:57
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Singapore?s central bank has said the country is not in a danger of being caught in a credit bubble that puts it or the banking system at any risk of crisis. In a statement underlining the strength of the financial system, the Monetary Authority of Singapore (MAS) said ?serious observers and investors? have no doubt over the nation?s financial health. It said three facts stand out: The property market is stabilising household balance sheets are strong and the financial system is robust. The statement was in response to media queries that the MAS received on an online Forbes article published on Monday. |
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
GorgeousOng
Supreme |
15-Jan-2014 09:23
Yells: "Hehehaha...enjoy life n live to the fullest..." |
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
HAHAHAHA!!! STI back to above 3133!!! |
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
Octavia
Supreme |
15-Jan-2014 09:20
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
US stocks posted its biggest gain of the year and recouped much of Mon?s losses on upbeat retail sales data, which eased lingering concerns about Fri?s dismal monthly jobs report. Retail sales grew a better-than-expected 0.2% in Dec after a 0.4% advance the prior month, while business inventories rose 0.4% in Nov, suggesting that restocking could boost 4Q economic growth | |||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
teeth53
Supreme |
15-Jan-2014 08:57
Yells: "don't learn through life, learn to grow with life " |
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
|
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
Shirleyfong88888
Veteran |
15-Jan-2014 08:45
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Let wish it helps to push up STI !
Huat Huat Arh! 😊 |
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
WanSiTong
Supreme |
15-Jan-2014 07:35
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Stocks snap back with triple-digit Dow gain Stocks bounced back Tuesday as investors cheered results from some of the nation's largest financial institutions and also showed enthusiasm about the tech sector. The Dow jumped 115 points, while the S& P 500 and Nasdaq also ended higher. So did CNNMoney's Tech 30, led by a 4% gain in Intel (INTC, Fortune 500) following positive analyst reports about the chip giant. U.S. stocks rose, giving the Standard & Poor?s 500 Index its biggest gain of the year, as better-than-forecast retail sales and corporate merger activity signaled confidence in the economy. After a sharp sell-off Monday, investors turned to bank earnings to get a sense of the economy's health. JPMorgan Chase (JPM, Fortune 500) posted a fourth-quarter profit of $5.3 billion, including a $1.1 billion write-off for legal expenses. But earnings topped expectations. Shares of JPMorgan ended the day flat. The bank has settled numerous lawsuits in the past year, including over its behavior in the run-up to the mortgage crisis and for turning a blind eye to Ponzi schemer Bernard Madoff. But one StockTwits trader isn't buying the stock. Related: Fear & Greed Index still shows Greed Investors have been nervous that earnings may not be strong enough to justify higher stock prices. Mike van Dulken, head of research at Accendo Markets noted that a new report from Goldman Sachs said valuations for the stocks in the S& P 500 were lofty by almost any measure and that further gains may be difficult to achieve. And after a tepid December jobs report, investors are looking for further signs of strength in the economy. Retail sales for December came in slightly better than expected, as retailers offered big promotions due to a shortened holiday season. European markets finished mostly higher, while Asian markets ended mixed. //////////////////// S & P 500 Has Year?s Biggest Gain on Retail Sales, Mergers The S& P 500 (SPX) added 1.1 percent to 1,838.88 at 4 p.m. in New York, posting the biggest jump since Dec. 18 and erasing most of yesterday?s loss. The Dow Jones Industrial Average gained 115.92 points, or 0.7 percent, to 16,373.86. About 6.5 billion shares changed hands on U.S. exchanges, 7.7 percent above the 30-day average. ?We?re probably at the stage in the stock market cycle where good news will continue to be seen as good news,? Martin Leclerc, founder of Barrack Yard Advisors LLC, which oversees $270 million, said in a telephone interview. ?I would say that after this massive move we?ve had, it does feel like the animal spirits are still resurrected.? The S& P 500 fell 1.3 percent yesterday, the most since November, as investors weighed valuations after a 30 percent rally last year that sent the gauge to a record. The benchmark index dropped 1.6 percent in January through yesterday for the worst start to a year since 2009. The index trades at 15.6 times the estimated earnings of its members, more than the average multiple of 14.1 over the last five years, data compiled by Bloomberg show. The S& P 500 ended 2013 at its highest valuation since the end of 2009. Corporate EarningsWells Fargo and JPMorgan are among companies reporting financial results today. Bank of America Corp., Citigroup Inc. and Goldman Sachs Group Inc. report later this week. Earnings for companies in the index probably climbed 4.9 percent on average in the fourth quarter, while sales increased 1.8 percent, according to analyst estimates compiled by Bloomberg. ?Earnings are going to dominate for the next two or three weeks,? Patrick Kaser, a managing director and portfolio manager at Brandywine Global Investment Management in Philadelphia, said by phone. His firm oversees about $50 billion. ?People are concerned about the rate of growth in the economy. How we finished the quarter going into January, that?s going to matter the most for where we are right now.? Economic DataU.S. retail sales increased 0.2 percent after a 0.4 percent advance in November that was smaller than previously reported, Commerce Department figures showed today in Washington. The median forecast of 86 economists surveyed by Bloomberg called for a 0.1 percent gain. Excluding cars, demand jumped by the most in almost a year. Investors are watching economic data for signals on the pace of Federal Reserve stimulus cuts. Three rounds of monetary stimulus from the central bank have helped push the S& P 500 higher by 172 percent from a 12-year low in 2009. The Fed, which next meets Jan. 28-29, last month announced a reduction in its monthly bond-buying program, citing a recovery in the labor market. A government report on Jan. 10 showed employment rose in December at the slowest pace in almost three years. The data ended months of improving job growth that had signaled the world?s largest economy was picking up. Stocks extended losses yesterday after Fed Bank of Atlanta President Dennis Lockhart said weak payroll growth last month shouldn?t discourage policy makers from reducing monthly bond purchases as long as the economy continues to gain strength. |
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
WanSiTong
Supreme |
15-Jan-2014 07:25
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
World MarketsNorth and South American markets finished mixed as of the most recent closing prices. The S& P 500 gained 1.08% and the Bovespa rose 0.56%. The IPC lost 0.04%. North and South American Indexes
 |
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
GorgeousOng
Supreme |
15-Jan-2014 06:42
Yells: "Hehehaha...enjoy life n live to the fullest..." |
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Yeoh! GM pays first quarterly dividend on its common stock since 2008!!! |
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||
|
gufeng88
Veteran |
14-Jan-2014 18:56
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Short sell orders executed on 14 January 2014
http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/cdp_buying_info/!ut/p/c5/04_SB8K8xLLM9MSSzPy8xBz9CP0os3gjR0cTDwNnA0sDC3cLA0_XsDBfFzcPQws_E6B8JJK8f6ihuYFnqFOgiVNYqKG3owkB3X4e-bmp-gW5EeUAfAYSFA!!/dl3/d3/L2dBISEvZ0FBIS9nQSEh/ |
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
Shirleyfong88888
Veteran |
14-Jan-2014 10:51
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Touching 3100 soon......😞 | |||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
guoyanyunyan
Supreme |
14-Jan-2014 10:24
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
|
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
bishan22
Supreme |
14-Jan-2014 10:21
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Last sentence said do nothing.... I like that. Hahaha.
|
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
WanSiTong
Supreme |
14-Jan-2014 10:16
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
My Market View The views expressed here by the contributor does not belong to ShareJunction. Daily Market Opinion for 14-Jan-2014 Contributed by Jay Chia The start of the week was a bearish one for STI as weak economic data from US dampened the bullish mood. STI actually started the day bullishly but it was quick to face selling pressure at 3150 level which prevented STI to maintain the bullishness. Weak opening by HSI also drew concerns to the market. The selling pressure was gradual throughout the day and caused STI to hit a low of 3131 level. However, it did not close at the low of the day. Instead, STI settled at 3135.49 level with 8.38pts down for the day. Last night, DJI slide further by 179.11 points. Will STI continue to slide further today? A long black candle was formed yesterday which confirmed the bearish candle of the previous day. MA resistance at 3150 level is definitely holding and will likely to put more selling pressure into the market today. Short-term indicators were turning bearish as Stochastic is now not heading upwards but starting to turn downwards instead. Bearish crossover might happen soon. Further selling pressure will likely to be encouraged as RSI starts to dip towards the 50% level. Hence, STI will likely to slide further today with its immediate target at the 20ma line. The recent low and 20ma line currently stands at 3120 level. The banks were experiencing selling pressure yesterday with Dbs taking the lead. Dbs did not managed to test its resistance at 17.52 level yesterday and it started to retrace back to its support. Its support level at 17.20 held well as lower shadow was formed. Dbs will likely to continue to test this support level today. Ocbc retraced slightly yesterday but it is still holding above 9.72 level. Ocbc will likely to continue to hold at this level today. Uob failed to show more bullish vibe yesterday and it started to test its support yesterday. Uob closed slightly below its support at 21.00 level. This could mean that Uob might be searching for a strong support to hold. Currently, its cluster of MA support lines is seen at 20.80 level. Overall, the banks are likely to show more bearish movements today. The properties were continuing to trade mixed yesterday. Capitaland continue to creep slightly lower yesterday testing its support at 2.94 level. This will be an important support level for Capitaland as breaking it will indicate a continuation of downtrend movement. Citydev was holding firmly at the high side yesterday as it refuses to retrace. Resistance at 9.50 level is still hold as it formed a gravestone doji formation. Selling pressure might start to set in today in order for it to continue its downtrend movement. Kepland was seen testing its support at 3.15 level and it held well. 3.15 support will be the key support to hold currently as failure to do so will lead Kepland to slide towards its next support at 3.00 level. Overall, the properties are in danger of showing further selling pressure if their support level breaks. The offshores were the main index dragger yesterday as they broke their support levels. Kepcorp seen sliding further yesterday which broke its support at 11.00 level. 20ma support line was holding it yesterday. However, if it continues to slide today, Kepcorp might be reaching out its next support at 10.93 level. Sembcorp cracked its support at 5.40 level decisively yesterday. Next support at 5.30 level was being tested and Sembcorp managed to hold at that level. For today, Sembcorp will likely to continue to hold at this support level. Sembmar suffered a wave of gap down selling pressure yesterday. Its support at 4.30 level was broken immediately and turn into a resistance level. Sembmar will now be seeking for another better support level at 4.25 today. Overall, the downside room of the offshores are getting limited. Commodities were trading flat yesterday as they are in the trading limelight. Noble grp and Olam were hovering at their previous level, creating doji candle yesterday. More decisive actions are needed to determine the directions for both. Wilmar suffered slight selling pressure yesterday but it was not enough to bring it to its support at 3.30 level. Wilmar will likely to continue to face selling pressure today. Indoagri failed to hold its support at 0.855 level yesterday. Breaking of this important support level indicates that Indoagri will be continuing its downtrend and head towards its next support at 0.815 level. Overall, the commodities were likely to skew more towards the bearish side today. In conclusion, STI?s bearish movement will likely lead to further selling pressure today. Resistance at 3150 level is holding very strongly currently and STI is unable to confirm its uptrend formation. Hence, STI will likely to retrace further today to test its recent low at 3120 level. The main drag will come from the banks and offshores sector today. If the properties sectors were unable to hold their support levels, further selling pressure will incur which might even push STI lower by breaking its support at 3120 level. Hence, STI?s uptrend potential might have diminished yesterday. Long traders should be aware that the upside opportunities had been tarnished, hence, it will be better to stay sidelines. Shortist should still be staying sidelines till a clear downtrend is formed. |
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
Octavia
Supreme |
14-Jan-2014 09:56
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
The Idiotic Central Banker Statement With the wild world of central bankers full of double-speak, counter-factuals and well-chosen anecdotes, statements of questionable sanity are not difficult to find. However, Dennis Lockhart, who has already done his optimistic economic damage to stocks this morning just outdid himself. Speaking in his home town, the Atlanta Fed President stated confidently in the Q& A after his speech:
Then added:
" Stupid" indeed, Mr Lockhart... |
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
Octavia
Supreme |
14-Jan-2014 09:25
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
US stocks tumbled with the Dow posting its worst one-day session since Sep amid valuation concerns and mounting negative pre-announcements ahead of corporate results. The markets opened modestly lower, then traded near the flatline before steadily selling off in the afternoon. Investors got increasingly nervous as negative profit guidance exceed positive ones by a record 10-to-1 margin. Market sentiment has been tentative since the start of the year as investors look to corporate earnings to justify 2013?s record-breaking performance. This comes as Goldman Sachs warned that the S& P 500 valuation is looking lofty by any measure and stocks could be primed for a pullback. Stocks extended declines after Atlanta Fed President Dennis Lockhart declared that the US economy is on solid footing and that the central bank would stay on its course of tapering. The S?pore market is likely to open on the downside, tracking Wall Street and weak openings in Tokyo and Sydney with underlying supports for the STI at 3,120 and 3,100 levels and overhead resistance at 3,160. | |||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
|
WanSiTong
Supreme |
14-Jan-2014 06:57
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
x 0
x 0 Alert Admin |
Dow falls nearly 200 points Investors moved to the sidelines Monday as they wait for a slew of corporate earnings reports later this week.The Dow Jones industrial average fell 179 points, the worst one-day point drop in more than three months. The S& P 500 and the Nasdaq were both down more than 1%. CNNMoney's Tech 30 index also fell, despite gains in Twitter (TWTR), Hewlett-Packard (HPQ, Fortune 500) and Netflix (NFLX). In other Tech 30 news, Google (GOOG, Fortune 500) announced after the closing bell that it planned to buy Nest Labs, which makes home automation technology, for $3.2 billion. Investors are still digesting Friday's jobs report, which showed a big slowdown in job creation in the final month of 2013. Despite the lousy jobs news, stocks managed to end higher Friday as investors generally believe the economy will continue to improve in 2014. The slowdown in hiring raised questions about the Federal Reserve's plan to cut back on, or taper, its bond buying program. The Fed has announced plans to trim its purchases by $10 billion to $75 billion beginning this month. Stocks were lower all day but extended their declines after Atlanta Fed President Dennis Lockhart said he would support further tapering this year, assuming the economy continues to improve. However, Lockhart is not a voting member of the Fed's policy committee and his comments were similar to previous statements. Economists say the Fed will probably wait to see if the December payroll report was an anomaly before making any major changes to monetary policy. Related: Wolves of Wall Street to report earnings Now investors are looking ahead to the first big round of fourth quarter earnings coming later in the week. Overall, FactSet expects earnings for the companies in the S& P 500 to be up 6.1% in the quarter. Yet there has been an unusually high number of companies warning in advance that earnings will be below expectations. As of Friday, 88 companies in the S& P 500 had issued negative earnings guidance. That trend continued Monday with two more companies issuing profit warnings. European markets edged higher. Asian markets ended with mixed results |
|||||||||||||||||||||||||||||||||||||||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||||||||||||||||||||||||||||||||||||||
