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SembM Re-Born Rich
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jpower2015
Member |
27-Aug-2015 08:44
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coming election got what impact on STI or not??? |
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risktaker
Supreme |
27-Aug-2015 08:14
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0 Alert Admin |
china likely to come out some measure to stimulate its economy.... US gonna try 16500 tonight.... but rebound likely to cap at 17400 resistance...
we can say goodbye to Rate hike for sept... |
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makdatok
Supreme |
27-Aug-2015 08:10
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Good thing d no.came towards closing,making d chart looks nicer..hihi
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Siwomp
Supreme |
27-Aug-2015 07:34
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Happy...... Huat Ah!
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vivienneteo
Senior |
27-Aug-2015 07:29
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Is it good time to buy S' pore blue chips today? |
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Goldfinger
Supreme |
27-Aug-2015 07:25
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Wow - guess those who sold too early or shorted the past 2 days will be rather sore today.. should be positive
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WanSiTong
Supreme |
27-Aug-2015 07:16
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Dow +3.95% 16,285.51 / +619.07 Nasdaq +4.24% 4,697.54 / +191.05 S& P +3.90% 1,940.51 / +72.90 Investing Guide Dow zooms up 619 points, 3rd biggest gain everGreed made a comeback on Wall Street. The Dow raced 619 points higher on Wednesday, its most emphatic point gain since the 2008 financial crisis.The huge rally represents a rebound following six days of dramatic selling that was driven by serious concerns about how China' s slowing economy will impact the rest of the world. " We were sorely in need of a pop after the drop," said Sam Stovall, chief investment strategist at S& P Capital IQ. An eye-popping $2.1 trillion of value was wiped out from the S& P 500 in just the previous six trading days alone, according to S& P Dow Jones Indices. " This is investors being opportunistic and buying on the weakness. Unless you think there' s going to be some massive slowdown in the economy, all of a sudden equities at these levels look attractive again," said Lori Heinel, chief portfolio strategist at State Street Global Advisors. There might be bargains to be had, given that for the first time in four years all three major U.S. indexes had tumbled into correction mode -- signaling a 10% decline from recent highs. The turbulent market moves recently showcased fears about how China' s economic slowdown will impact the rest of the world. Related: Why U.S. stocks aren' t headed for a crash Global markets turmoil eases But global markets -- other than China -- seemed a bit calmer on Wednesday. While the Shanghai Composite retreated another 1.3%, Japan' s stock market soared 3% and European markets held steady after Tuesday' s big gains. Earlier this week China sought to calm turmoil in global markets by slashing interest rates. The hope is the moves will help stabilize China' s economy and ease fears that the world' s second largest economy is slowing drastically. Related: China stocks tumble again but global markets recover Time for a rebound Tech stocks were at the heart of Wednesday' s rebound. Shares of Netflix (NFLX, Tech30), Google (GOOG) and Amazon (AMZN, Tech30) all rallied sharply. Other big winners include Abercombie & Fitch (ANF) and Express (EXPR) after both retailers reported profits that exceeded expectations. Related: Alarmed by stocks? 5 charts break it down U.S. economy looks better than the stock market The recent American stock market tumble stands in sharp contrast with sentiment about the U.S. economy. The economy appears to be on track to continue its expansion from the Great Recession, even though growth may not be stellar. Further evidence of that was received on Wednesday. The government said orders for big-ticket items like appliances and cars jumped by 2% in July from June. That was significantly more than economists had anticipated. Crude oil prices struggled to follow the broader markets higher. Oil retreated to about $39 a barrel, leaving it down 17% this month alone. More turbulence ahead? Despite the monster gains on Wednesday, analysts warn stocks may be vulnerable to further losses. Stovall noted that during the recent turmoil, the S& P 500' s price-to-earnings ratio only fell back to the median level of the last 15 years. Since markets tend to overshoot to the downside, that key valuation metric would be expected to fall further. " The dust doesn' t settle in one day," said Stovall. |
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WanSiTong
Supreme |
27-Aug-2015 07:13
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testing....
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risktaker
Supreme |
27-Aug-2015 06:44
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0 Alert Admin |
huat ah....just donated 1k to the needy..
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WanSiTong
Supreme |
26-Aug-2015 21:51
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Updated: 9:47am ET Dow +2.01% 15,981.55 / +315.11 Nasdaq +2.37% 4,613.36 / +106.87 S& P +2.17% 1,908.18 / +40.57 Why U.S. stocks aren' t headed for a crash Has the Wall Street bull fallen over?In the midst of the massive stock market selloff, an image has been circulating the Internet of Wall Street' s iconic bull lying on its side. It is good comic relief, but let' s get something straight: America' s stock market is pretty far from the " dead bull" level. Stocks would need to plunge 20% from their peak levels and stay down that much for awhile in order to be considered a true bear market.
We aren' t there yet. We aren' t even close. Even after all this selling, the S& P 500 is currently down 12.5% from its all-time high. That' s barely enough to qualify for a 10% correction. Related: How I made money with the Dow lost 1,000 points Of course, smart investors always look ahead. Could it get worse? Where will stocks end the year? It' s easy to be pessimistic when there' s a sea of red on the trading screen, but there' s a strong case to be made that stocks will still go up from here. Many Wall Street experts predict the S& P 500 will end the year around 2,100. That' s a lot higher than where the market is now and would mean stocks would close out 2015 with a small gain. Related: China needs to open up its economy Here are the key reasons to remain (at least somewhat) bullish: 1. The U.S. economy isn' t on the verge of a recession. Bear markets typically occur when the economy is in or close to a recession, according to Capital Economics. At the moment, the U.S. economy looks healthy. It' s on track to grow about 2% this year, and unemployment is back at the low levels it was at prior to the Great Recession. That doesn' t mean there aren' t problems, but America is pretty far from a recession. " The evidence still suggests the global economy is not on the cusp of another recession," wrote BlackRock' s global chief investment strategist Russ Koesterich in a note to clients. Related: Why the economy is OK, even if stocks aren' t 2. China' s effect on U.S. is limited. The pessimists on Wall Street point to China' s economic slowdown and how that could spillover around the world. China has been at the center of this global selloff, but the U.S. isn' t as exposed as people think. The reality is that only 2% of the revenues from the entire S& P 500 come from China, according to Goldman Sachs. That' s pretty small. As Apple CEO Tim Cook wrote in an email to CNBC' s Jim Cramer Monday, " I can tell you that we have continued to experience strong growth for our business in China through July and August." Related: China' s economy is in trouble. Just how bad is it? 3. American businesses are doing pretty well (outside of energy). At first glance, corporate earnings are ugly this year. Howard Silverblatt, the senior analyst at S& P Dow Jones, notes that 2015 year-on-year earnings could decline for the first time since 2008. But dig a little deeper and it' s actually not that dire. The one bad egg there is energy. The dramatic fall in oil prices from over $100 a barrel last summer to under $40 now has slashed profits at big energy companies. Earnings for those are down by about half, if not more. " Energy is taking the wind out of earnings," says Silverblatt. But sectors like health care and technology are still projecting a lot of growth in 2015. Related: Oil falls $39 a barrel for the first time in 2009 4. The Federal Reserve sounds cautious. One speedy way to tank stocks and the economy is for the Fed to make a mistake -- usually, raising interest rates too early, which can curtail economic growth. It' s certainly possible that could happen again, but current Fed chairwoman Janet Yellen and her colleagues have been very outspoken that they are watching the economic and financial numbers closely. They do not intend to raise interest rates unless the economy is strong enough. The current Fed leadership is in touch with Main Street and Wall Street. There is now a big debate about whether the Fed will make its first interest rate increase in nearly a decade in September or whether it will wait until December -- or even 2016. There' s a lot of uncertainty, but the point is no one thinks the Fed is going to hike rates a lot and cause a recession. Related: Is the Fed trapped? 5. Stock prices aren' t crazy high anymore. Pessimists argue that stocks are still too expensive, even after the latest pullback. New York Times columnist David Leonhardt wrote about it again this week. The S& P 500 is trading at just over 16 times forward earnings, according to Goldman Sachs. That' s down from above 18 before this recent selloff. The average for the past decade is about 14. So it' s still a little high, but not nearly where it was. Putting all of these factors together, there isn' t an obvious trigger for a major stock market downturn that would kill the six-year bull market in the U.S. As Mohammad El-Erian, the chief economist at Allianz, told CNN this week, " Longer term, this correction will be a good thing. Do not panic at this point." Related: Relax. Stocks are still up about 200% since 2009 |
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KiLrOy
Elite |
26-Aug-2015 21:50
Yells: "I buy only what I can see." |
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but for traders and in all honesty, volatility really makes trading more lively. :) |
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fortunecat
Master |
26-Aug-2015 20:48
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Hope no more stunt tonight
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risktaker
Supreme |
26-Aug-2015 20:46
Yells: "Posts are opinions. Do not take it as investment advise " |
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i icthy hand .... long dow and hsi hahaha
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bishan22
Supreme |
26-Aug-2015 20:32
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x 0
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Seow liao... future 1.9%.... 
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risktaker
Supreme |
26-Aug-2015 20:05
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
ya cash is king.... look at gold... tio hoot... as expected....
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haruta
Elite |
26-Aug-2015 19:24
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Im keeping my monies in the bank savings account. Peanuts interest better than lose monies. Cut all luxury spending. Just pay SP services bills, telco bills, groceries already enough. Especially SP svcs bills pay till scared. Got extra cash oso keep for rainy days take cab in case smrt breaks down.
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Woods30
Veteran |
26-Aug-2015 19:16
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indeed so... all others only grow at 2 percent the max.... then they want to make it look as if china has lost it...pui
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Siwomp
Supreme |
26-Aug-2015 17:54
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Gold and USD and Swiss France are Kings.... not just any cash.... hehe
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fernvale
Master |
26-Aug-2015 17:43
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market alr told pboc no use. they need more policy reforms but i emphatize with them cos no ez way out esp US Fed action will impact global econs too. So every1 is looking at Sept fed, which likely delay rate hikes till march 2016. Even raise oso abit only, Fed oso at a loss what to do...biding and biding time
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Battle123
Elite |
26-Aug-2015 17:23
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At least China government is doing something 😊
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