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STI to cross 3000 boosted by long-term investors
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fernvale
Master |
28-Aug-2015 08:57
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x 0
x 0 Alert Admin |
been delaying decision on my usd...v v uneasy, cash out 1st. better be safe then sorry...asket thot wait till 1.43, dun care la, got earn can alr. |
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stevenlim109
Master |
28-Aug-2015 08:21
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x 0
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Gold Prices to Skyrocket as Global Uncertainty Rises? By Moe Zulfiqar, BAS &bull Thursday, August 27, 2015
 Gold prices go up when uncertainty rises. As it stands, there&rsquo s an abundance of it in the global economy.
There are at least three major issues that are haunting investors globally economic slowdown in China, threat or outright currency devaluation in the emerging markets, and the U.S. dollar rising as the Federal Reserve contemplates hiking its benchmark interest rates. Rising Uncertainty Great for Gold PricesTo provide some perspective, please look at the weekly chart below of the Chicago Board Options Exchange (CBOE) Volatility Index (VIX). It is also referred to as the &ldquo fear index.&rdquo
Chart courtesy of www.StockCharts.com
Chart courtesy of www.StockCharts.com
As Goes Sentiment, Investors Rush Towards GoldHere&rsquo s what must be understood when sentiment across the board is bleak, investors usually don&rsquo t rush towards the yellow metal all of a sudden. From previous crashes and panic situations, we see a slight delayed reaction. For example, back in February and March of 2009, when the stock markets were making their lows gold prices declined slightly as well. A few months later, they started to soar, and then eventually moved on to their highs back in 2011. What to Expect Going ForwardLets face it gold hasn&rsquo t been an investor favorite for the past few years. The yellow metal has gotten a reputation of a &ldquo declining asset.&rdquo As this uncertainty and the volatility in the global economy continues, don&rsquo t rule out investors trusting the yellow metal once again and rushing towards it. I have been optimistic towards gold and believe that the metal continues to set up for massive rewards. With the recent havoc in the markets, investors should be paying attention to well-funded and well-run mining companies. They can provide leveraged returns once the gold market turns. |
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WanSiTong
Supreme |
28-Aug-2015 08:04
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x 0
x 0 Alert Admin |
Stocks To Watch Olam, Ezra, GuocoLeisure, FJ Benjamin, Lum Chang, CordlifeAugust 28, 2015 : 7:58 AM Here are some stocks to watch out for this morning. Commodities trader Olam International says Japanese conglomerate Mitsubishi Corp. is acquiring a 20% stake in the company for $ 1.53 billion at an issue price of $ 2.75 each, a 44% premium to the last price for Olam before trading in its shares was halted on the Singapore Exchange early Thursday. In buying the stake in Olam, the Japanese conglomerate joins its national peers in scouting out opportunities in the Asia-Pacific region and Southeast Asia, where long-term growth prospects are bright. Ezra Holdings is selling a 50% stake in its subsea services business, EMAS AMC, to Japanese oil & gas engineering company Chiyoda. The transaction could be worth above US $ 1 billion ($ 1.4 billion) inclusive of debt, according Bloomberg. Ezra will form a 50:50 JV with Chiyoda Under the deal, a JV firm -. EMAS CHIYODA Subsea - will be set up following the sale The transaction could be worth above US $ 1 billion ($ 1.4 billion) inclusive of debt, according Bloomberg. . Ezra was trading at 11.4 cents before trading was halted for the announcement. GuocoLeisure ' s earnings jumped 23% to US $ 47.9 million ($ 67.2 million) in the fiscal year ended June, from US $ 39 million the year before, aided by the diversified entity' s lower finance costs. Revenue fell 8% to US $ 423.2 million from US $ 461.9 million, due mainly to lower Bass Strait oil and gas royalty and gaming revenue. GuocoLeisure closed at 81 cents. FJ Benjamin Holdings has narrowed its full-year net loss to $ 16.99 million from $ 22.1 million the year before, thanks to gains from the sale of investment securities of $ 12 million and the sale of properties of $ 7.6 million. Shares in FJ Benjamin It ended at 8.9 cents. Construction firm and property developer Lum Chang Holdings says earnings jumped 19% to $ 29.8 million in the fiscal year ended June, from $ 25.1 million the year before. Revenue leapt 13% to $ 312.4 million, mainly due to the commencement of revenue recognition for two construction projects. Shares in Lum Chang closed at 35 cents. Cordlife Group , the cordblood banking services provider, has reported a 6.4% increase in earnings to $ 32.5 million for FY2015 ended June from a year ago. Group revenue rose 17.3% to $ 57.6 million, on the back of an increase in client deliveries from 15,880 to 21,085. The stock last traded at $ 1.17. Market watch Stock markets around the world rallied overnight on Thursday, shaking off a slump related to China growth fears, as strong US economic data boosted investor sentiment and crude oil rebounded sharply. All three major US indexes closed up more than 2%, putting them higher for the week, following share rebounds in China and Europe. The Dow Jones industrial average rose 369.26 points, or 2.27%, to 16,654.77, the S & P 500 gained 47.15 points, or 2.43%, to 1,987.66 and the Nasdaq Composite added 115.17 points, or 2.45%, to 4,812.71. On the home front, Singapore stocks closed higher on Thursday. The Straits Times Index ended the day 2.52% higher at 2,945.43. Gainers outnumbered decliners 459 to 61 with a total of 1.96 billion shares worth $ 1.61 billion changing hands. |
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fernvale
Master |
28-Aug-2015 07:56
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x 0
x 0 Alert Admin |
Tts y Fed playing delay tactics. Now pt of no rtn, hike or not oso die, faster or slowly only. Tts y I cash out, sideline stock 1st...Fed is lost
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risktaker
Supreme |
28-Aug-2015 07:52
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
FYI a 25 basis points increase of interest rate on a 20trillion dollar debt that is 5billion... | ||||
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fernvale
Master |
28-Aug-2015 07:52
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x 0
x 0 Alert Admin |
Bro rightly said. The usd is propaganda painted to be powerful. It lost its shine slowly since 1971. I stated in other threads abt crisis, great calamity coming, kena whack wahaha. Gold is artificially suppress, its all politics.
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risktaker
Supreme |
28-Aug-2015 07:43
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
bro true... its a matter of time ...US has 20 trillions of debt and fed raise interest rate just a 25 basis pts whats that amount.... hahahha.... US is in serious trouble... US dollar is junk .... there will be hyperinflation down the road.....once countries around the world wake up from the dollar dream....
the dollar is back by trillions of debt.... russia/china/india is back by undisclose amount of gold... gold has been a currency many thousand years ago...it is so rare and the only uniquely shiny yellow metal... eventually down the road... maybe by 2020.... gold will likely to trade much higher than today....2000?3000? we have no idea but what we do know is.... there is no major discovery of gold mine for many years....production is lower.... and the ground supply will one day be gone.... positive in gold for long term.... but now i am short ....didnt drop yesterday ... haiz tot it will drop to 1000ish and i can cover and long... anyway thats my view only
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fernvale
Master |
28-Aug-2015 07:29
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x 0
x 0 Alert Admin |
Brother good sharing. This,what im waiting for. Qn is,when?
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risktaker
Supreme |
28-Aug-2015 07:20
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
Those who understand that our global monetary system is designed to fail know that a backup global reserve currency has to be established. Some say it will be the Chinese Yuan, an American Union Amero, a gold-backed currency, etc. However, I would ask that you give serious consideration to how and why the SDR will rise to the podium so that you can see the writing on the wall before it happens.
Below is a portion of Brandon?s article that I found most relevant. You can read the entire article HERE ?China has surpassed the U.S. as the world?s largest exporter/importer and has long been far superior to the U.S. in manufacturing capability, making China the most valuable economic partner in the world. According to the IMF, China is now superior to the U.S. in trade standing and is soon to be the largest economy on the planet. China has recently launched its regional Asian Development Bank, a kind of Asian World Bank. And nearly 50 countries, including European allies to the U.S., have rushed to sign on. The talk is even growing within mainstream circles that China is about to decouple from the U.S. economy and, along with the BRICS nations, structure a new Asian-centric financial system that will ?stick it? to the Western financial elites. This, however, is too simplistic a notion. We are talking about the REAL economy in this series and in the real economy, no nation with a central bank actually ?breaks? from the New World Order. In fact, all conflicts between the East and West are only serving to further the cause of globalists and Fabian socialists. China alone does not have the capacity to replace the U.S. as a primary driver for the global economy, nor does the Yuan have the capacity to replace the dollar as a world reserve currency. However, this is not China?s goal. It never has been China?s goal. China?s only purpose in its historic fiscal expansion has been to achieve inclusion in what the IMF calls the ?global economic reset.? Part of this reset is the introduction of the IMF global currency basket system, or Special Drawing Rights (SDR), as a kind of centralized control mechanism for all currencies around the world. The IMF and China have continuously called for the SDR basket system to replace the U.S. dollar as the world reserve currency. I covered this developing scheme in great detail in my article ?The Economic End Game Explained?. Despite the hopes of some alternative writers that China will somehow break the chains of the central banking monopoly, every Chinese action since at least 2008 has been in preparation to become a full slave nation under the control of IMF policy. China has now officially submitted its currency (the Yuan) for inclusion as a reserve currency in the SDR basket. China?s central bank hasopenly called for the IMF to take a dominant role in the management of the world?s currencies through the SDR basket system: The world economic crisis shows the ?inherent vulnerabilities and systemic risks in the existing international monetary system,? Gov. Zhou Xiaochuan said in an essay released Monday by the bank. He recommended creating a currency made up of a basket of global currencies and controlled by the International Monetary Fund and said it would help ?to achieve the objective of safeguarding global economic and financial stability.? The IMF conference on the SDR, which takes place every five years, is set to begin preliminaries in May and finish in October or November. It is widely expected that China?s currency will indeed be included in the SDR this year, that this will adversely affect the dollar?s standing as the world reserve currency, and that the U.S. will have little capacity to stop such a development. That?s because American veto power within the IMF is likely to be removed, due to a lack of approval on funding measures and policy changes put to Congress in 2010. In numerous articles over the past couple of years I have warned that the destruction of U.S. position within the IMF would be blamed on ?political gridlock? over the refusal by Congress to confirm policy changes from 2010, and the brunt of the blame would be placed on ?conservatives?. This past week my suspicions were supported by the statements of Larry Summers, a former Treasury Secretary and elitist who was partially responsible for the end of Glass-Steagall and the creation of the derivatives bubble, and the man who claimed ?history will overwhelmingly approve QE?. Summers decried the end of the U.S. as the ?underwriter of the global economic system?, also stating: ?Largely because of resistance from the right, the US stands alone in the world in failing to approve the International Monetary Fund governance reforms that Washington itself pushed for in 2009. By supplementing IMF resources, this change would have bolstered confidence in the global economy. More important, it would come closer to giving countries such as China and India a share of IMF votes commensurate with their new economic heft?? ?With China?s economic size rivalling America?s and emerging markets accounting for at least half of world output, the global economic architecture needs substantial adjustment. Political pressures from all sides in the US have rendered it increasingly dysfunctional?? Avid enthusiasm for China?s new regional bank has put the U.S. on the defensive, as supposed allies are joining the chorus calling for China to join the SDR. This would make the Yuan the first currency not fully convertible to join the SDR basket. Meaning, it is difficult to directly invest in Yuan compared to investing in dollars. But this is exactly what the IMF wants. The Asian Times put it rather bluntly but honestly: ?Currently, central banks can?t include yuan holdings in their foreign exchange reserves. However, via inclusion in the SDR basket, the currency will effectively enjoy a ?back door? where convertibility is concerned. The upshot, according to Citibank, means increased yuan demand from central banks and further integration of the currency into global capital market flows. Importantly, China has espoused an ?internationalisation? of reserve currencies away from U.S. dollar hegemony and dependencies on local economic fluctuations on exchange rates and stability. The yuan inclusion in the basket would be a step towards a more multi-lateral currency world. While full convertibility may still be far away, China?s ability to have a global reserve currency may soon be upon us.? Yes, that?s right, China?s inclusion in the SDR will HELP the process of marginalization of the dollar and aid in the ascendance of the SDR as a world reserve mechanism. And as China becomes a currency powerhouse in its role as the No. 1 economy in the world, the only way central banks around the planet can benefit or ?invest? in the Yuan will be by stockpiling SDRs! Demand for SDRs will be cleverly boosted by natural demand for the Yuan. This is how a global currency structure begins. The only true beneficiaries of this cycle will be the IMF and those elites who desperately want a totally centralized global economic system. In the meantime, as the dollar loses its world reserve status, it loses the ONLY pillar of support keeping its value somewhat stable. As the dollar falls, U.S. citizens will be reduced to Second World or Third World economic expectations. Employment and wages will continue to dissolve, while the margins between the ?haves? and ?have nots? will continue to grow. In the worst-case scenario, total chaos would result followed by an international intervention to ?save us? from ourselves. Our currency would likely be permanently pegged to the SDR basket, just as Argentina?s was pegged to our dollar after its collapse. And the IMF would own the U.S. rather than the U.S. owning the IMF, as is the common delusion. US dollar will be gone.... think gold eventually will shoot up... |
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fernvale
Master |
28-Aug-2015 07:17
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x 0
x 0 Alert Admin |
Dollar index over 95. Tk profits. Wahaha song bor
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Peter_Pan
Supreme |
28-Aug-2015 07:12
Yells: "kopi-o siu dai mai hum!" |
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x 0
x 0 Alert Admin |
global stock markets collapse is coming | ||||
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earlybird14
Supreme |
28-Aug-2015 06:47
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x 0
x 0 Alert Admin |
Dow and Nasdaq is crashing soon if the downtrend is continue. From tonight( Friday till next Tuesday), Wall Street will be fatigue to up, so up strength will be limited, once a drop happen, shortsellers will flood in and bring in down and form another round of crash.
Please be limit your buy long from today( market today will just open high at the start, so we won't earn much by buying today), afternoon will be usual profit taking day, if Wall Street is fatigue or down tonight, Monday will be accelerate. So please limit your buy long. After Tuesday, If not crash happen before that, market sentiment will change, chart also cross over the resistance level and may up. Friday to Tuesday, you won't earn much at all if you long buy, but suffering from profit taking and potential of wall street downtrend resume. My sincere advise for all stock. |
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risktaker
Supreme |
28-Aug-2015 06:45
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
dont think it will return to 17k.....short dow.. its like the peak now.... | ||||
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WanSiTong
Supreme |
28-Aug-2015 06:26
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x 0
x 0 Alert Admin |
Dow +2.27% 16,654.77 / +369.26
Nasdaq +2.45% 4,812.71 / +115.17 S& P +2.43% 1,987.66 / +47.15 Dow sets a 2-day record, finishes up 369 points
The U.S. stock market bounced back on Thursday and made history.After several volatile days with huge swings in both directions, the Dow finished Thursday up 369 points. Combined with Wednesday' s 619-point rally, it' s the best two-day point gain for the Dow in its history, surpassing the previous record set in 2008. The S& P 500 and Nasdaq both posted gains above 2% Thursday.
U.S. energy stocks were some of the biggest winners. Energy sector stocks gained 6% overall Thursday as oil prices soared over 10% and rose back over $42 a barrel. It was oil' s best rally since 2009. Stocks of Halliburton (HAL), Baker Hughes (BHI) and Transocean (RIG) all surged more than 9% Thursday. There was also good news about the U.S. economy, which grew 3.7% in the second quarter of this year, much higher than the first official estimate on growth of 2.3% and even higher than what economists were projecting. It' s a healthy sign that the American economy hasn' t been hurt that much from China' s economic slowdown yet. That eases fears about China' s impact on the overall U.S. economy. Related: 3 moves to make in a crazy market The rally comes on the heels of a Federal Reserve official signaling that with all the turmoil, a September rate hike is less likely now. Most investors see a rate hike as bad for stocks and the 6-year bull market because it' ll make borrowing more expensive, even though it' s considered a good thing for the economy. Stocks have had a wild ride recently. After closing down 588 points Monday and 204 points Tuesday, the Dow' s Wednesday 619-point rally was its best one-day point gain since 2008. The Dow, Nasdaq and S& P 500 were positive for the week by the close on Thursday. The S& P 500 and Dow are still negative for the year. But as tech stocks surged Thursday, the Nasdaq turned positive for the year. It' s worth keeping in mind that stocks remain a lot higher from where they were in the past few years. The S& P 500 is still up over 200% since its low point in 2009. Related: U.S. stocks set for gains after global rebound Related: Good news: U.S. economic growth better than expected |
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fernvale
Master |
28-Aug-2015 06:14
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x 0
x 0 Alert Admin |
Higher up, greater impact shall me the fall | ||||
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bishan22
Supreme |
28-Aug-2015 05:16
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x 0
x 0 Alert Admin |
STI 3000??? | ||||
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risktaker
Supreme |
27-Aug-2015 23:16
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
theres a gold counter on sgx
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Foxtrot
Member |
27-Aug-2015 23:12
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I too am of the view that this rally is not sustainable. What is so bullish about the world resorting to cheap money to inflate a psuedo healthy economy, when in fact global economy is not doing well at all. It is a fact that the subprime crisis in US had made millions of Americans poorer and laden with debts - how to even spend more to spur the economy. And not forgetting the recent China stock market crash. Monetary easing worldwide is only boosting stocks and other assets. How much of it had really been channelled to the economy for true spending and growth by real consumers. Differences in wealth levels of rich and poor has widened - poor wouldn' t spend as much as they used to, most rich would only channel their profits to paper investments and jack up higher prices. We are not having a case of high stock prices (at least in US) equivalent to a rosy and strong economy. Economy is not doing well as we think it is. Any solution to economic crisis is quickly directed to more QE which will eventually lead to creation of more asset bubbles worldwide. The burst will come and we can all be in another 10 years of great depression. I don' t believe in the shemitah fairy tale or end of world gloom and doom stuff. But i do believe a crash is coming. Even if the US economy is indeed doing well, stock prices are already too high. Yield of most stocks esp those of PE 30 and above are already unattractive. Assuming the US economy is strong and really on solid tracks for growth, a 30% correction from peak for a 6 year bull run would still be required for the bull run to be sustianable. I am not a shortist and I also own a number of US and SG stocks in my portfolio. But I don' t believe we have bottomed out yet. For long term of course, can slowly accmulate. I don' t want to use the world crash, but i believe DOW will have a deep correction until 13000 level.
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SJRay93
Member |
27-Aug-2015 22:16
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x 0
x 0 Alert Admin |
Like legit physical gold? Is there a way like shares where I can just execute trades online?
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HuathuatLeo
Elite |
27-Aug-2015 22:11
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x 0
x 0 Alert Admin |
Soo Kee ????!!! lmao hahaha.
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