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STI to cross 3000 boosted by long-term investors
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new6ie
Senior |
16-Nov-2013 15:11
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Depends on whether looking at good things, or looking at bad things, lol.
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risktaker
Supreme |
16-Nov-2013 14:41
Yells: "Sometimes you think you know, but in fact you dont" |
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Very soon.... remember market is forward looking
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olehze
Member |
16-Nov-2013 14:26
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After recent events, what is your analysis risk taker? when do u think a crash will start?
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halleluyah
Elite |
16-Nov-2013 11:31
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I dun think got green huat keuh to eat tis x'mas....only puding...lembek lembek (soft)....lol.
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risktaker
Supreme |
16-Nov-2013 11:00
Yells: "Sometimes you think you know, but in fact you dont" |
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x 0 Alert Admin |
Not this round...
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Peter_Pan
Supreme |
16-Nov-2013 10:51
Yells: "did you order dunkin' donuts" |
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Chinatown Street ordered too much Ang Ku Kueh unable to digest, need to exchange some Green Huat Kueh with Wall Street this coming week. | |||||||||||||||||||||||||||||||||||||||||||||||||
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bishan22
Elite |
16-Nov-2013 08:50
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Huat kueh again ???? | |||||||||||||||||||||||||||||||||||||||||||||||||
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oldbirdy
Member |
16-Nov-2013 08:33
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Will it bring back the Bull as November 2006?........very exciting !!!! | |||||||||||||||||||||||||||||||||||||||||||||||||
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Peter_Pan
Supreme |
16-Nov-2013 07:50
Yells: "did you order dunkin' donuts" |
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HOLE U GERNNN...!!!
K.O. ... YOU WIN!!!
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WanSiTong
Master |
16-Nov-2013 05:03
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U.S. Stocks Rise on Fed Bets Amid Industrial Output Data 
Click for more market data. U.S. stocks rose, with benchmark gauges poised for a sixth weekly gain, as investors assessed data on factory production amid growing speculation the Federal Reserve will maintain the pace of its monthly bond buying. The Standard & Poor?s 500 Index rose 0.3 percent to 1,796.68 at 3:20 p.m. in New York. The gauge has gained 1.5 percent this week, its longest winning streak since February. The Dow added 75.62 points, or 0.5 percent, to 15,951.84. Trading in S& P 500 shares was 4.2 percent higher than the 30-day average for this time of day. Janet Yellen?s remarks yesterday told investors that ?interest rates are going to remain low for a while, which is a positive environment for equities,? John Fox, director of research at Fenimore Asset Management in Cobleskill, New York, said by phone. Fenimore oversees about $1.8 billion. ?The combination of earnings growth and expanded PE due to investors feeling better about things just continues to move the market higher.? The S& P 500 and the Dow extended records yesterday as Yellen, nominated to succeed Ben S. Bernanke as chairman of the Federal Reserve, said the central bank should take care not to withdraw stimulus too early from an economy that is operating well below potential. Data WatchData today showed manufacturing in the New York region unexpectedly contracted in November. A separate report showed total industrial production in the U.S. fell 0.1 percent in October as output at mines and utilities declined. Factory output rose more than forecast. Wholesale inventories widened by 0.4 percent in September, the Census Bureau said. Central bank policy makers will probably pare the $85 billion monthly pace of bond buying to $70 billion at their March 18-19 meeting, according to the median of 32 estimates in a Bloomberg survey of economists on Nov. 8. The group next meets Dec. 17-18. The Fed support has helped propel the S& P 500 (SPX) higher by 166 percent from its March 2009 low. China PolicyGlobal equities rose today on expectations of continued Fed stimulus and as China?s ruling party announced changes to economic policy. The government vowed to allow more private investment in the state sector, loosen its one-child policy and better protect farmers? rights to land, according to the Communist Party policy decision published today by the official Xinhua News Agency today. The document, covering 60 measures, follows a communique issued Nov. 12 after a four-day party conclave in Beijing that omitted detailed policies for the world?s second-largest economy. The S& P 500 has rallied 26 percent so far in 2013, poised for its best annual gain in a decade. The gauge is trading at 16.2 times projected earnings, topping the five-year average of 14 times earnings, according to data compiled by Bloomberg. JPMorgan Chase & Co. expects the index to extend its rally this year after the gauge surpassed the firm?s year-end target. Chief U.S. equity strategist Thomas Lee raised his target for the gauge to 1,825 from 1,775, implying an increase of 1.9 percent from yesterday?s close. ?Constructive? on Equities?The U.S. is in a secular bull market and remaining constructive on equities is warranted,? Lee said in a note to clients today. Pent-up demand in sectors from housing to cars will boost corporate earnings while the Fed continues its ?supportive? monetary policy, he said. Technology and financial stocks account for about half of the increase in his S& P 500 target. Of the 461 S& P 500 companies that have announced earnings so far, 75 percent have topped analysts? income forecasts, data compiled by Bloomberg showed. Profits for the gauge increased 4.9 percent in the third quarter and will gain 5.8 percent in the final three months of the year, estimates compiled by Bloomberg show. The Chicago Board Options Exchange Volatility Index (VIX), which measures future volatility signaled by S& P 500 options, rose 12.40. The gauge has fallen 4 percent this week to extend its loss for the year to 31 percent |
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WanSiTong
Master |
16-Nov-2013 04:56
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World MarketsNorth and South American markets are broadly higher today with shares in Brazil leading the region. The Bovespa is up 2.34% while Mexico's IPC is up 1.76% and U.S.'s S& P 500 is up 0.34%.
North and South American Indexes
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Peter_Pan
Supreme |
15-Nov-2013 19:32
Yells: "did you order dunkin' donuts" |
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Wall Street-Fighter delivering powerful upper-cut after consuming our Green Huat Kueh..! | |||||||||||||||||||||||||||||||||||||||||||||||||
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Peter_Pan
Supreme |
15-Nov-2013 19:17
Yells: "did you order dunkin' donuts" |
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goodo goodo happi happi everybuddy huat huat
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gufeng88
Senior |
15-Nov-2013 19:16
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WanSiTong
Master |
15-Nov-2013 15:26
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Singapore shares on track for biggest weekly gain in one month: Reuters
Singapore shares rose for a second session on Friday, on course for their biggest weekly gain in one month, as investors were encouraged by the prospect of extended U.S. monetary stimulus, though ThaiBev lagged behind the index after a sharp profit decline. The worst performer on the index, Thai Beverage Pcl, dropped as much as 3.7 percent to an almost four-week low at S$0.52. The stock has risen over nearly a third so far this year, beating the index's 1 percent gain. ... DBS downgraded the stock to " hold" after the company reported a 74 percent drop in third-quarter net profit. " While we like the strong cash generation of its stable spirits business, the projected slow ramp-up and uncertainty in its other segments would be a drag on overall growth," DBS said in a research note. The benchmark Straits Times Index edged up 0.2 percent to 3,197.53 points by 0543 GMT, headed for a 0.6 percent weekly rise. The MSCI's broadest index of Asia-Pacific shares outside Japan was up 1.2 percent. Agricultural company Olam International Ltd outperformed the market with shares rising as much as 2.7 percent to a two-week peak at S$1.54, after it reported a 5.7 percent rise in quarterly profit. Despite the management's optimism about Olam's outlook for the next year, DBS analysts said they would like to monitor its earnings delivery and sustainability of cash flow improvement for another quarter or two before turning positive. DBS maintained a 'hold' rating and target price of S$1.60 on Olam. Shares of warehouse operator Global Logistic Properties Ltd gained 3 percent to an intra-day high of S$3.09, the highest in more than a week. |
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Blanchard
Senior |
15-Nov-2013 14:43
Yells: "Winners cry..... Losers smile....." |
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China reports say big reform details due next week ..... By Michael Kitchen LOS ANGELES (MarketWatch) -- Various Chinese media reports out Friday raised expectations that the Communist Party would announce detailed, wide-ranging reforms in a paper due out next week. Following the close of the party Central Committee's Third Plenum, it released a relatively brief statement that disappointed markets due its lack of specific reform measures many observers had hoped for. The party was slated to issue its longer " decision" paper in the days ahead, likely early next week, and a report Friday in the state-run People's Daily cited an senior party official as promising the statement will include a plank of specific measures. Likewise, Reuters cited China's top securities regulator as telling the China Securities Journal that the new policy changes would " usher in unprecedented opportunities for developing the country's capital market." |
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myfcoach
Member |
15-Nov-2013 13:17
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wow! Dow really hit 15,800 mentioned in my blog.... our STI is always laggard....so be patient...looks like re-taking 3200....wait for foreign funds to flow back then can cheong....daily volume still very aneamic...low low....means can turn either up or down very fast. cheers, jason.
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WanSiTong
Master |
15-Nov-2013 13:08
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Asia shares rally as Fed nominee backs stimulus : AFP
Asian markets rallied for a second day Friday after the woman tipped to take over as Federal Reserve chief indicated she would maintain its stimulus programme for as long as needed. The dollar was also at two-month highs above 100 yen following weak growth data out of Japan and the eurozone.... Tokyo jumped 1.19 percent to sit above 15,000 for the first time since May, while Hong Kong was 1.00 percent higher, Sydney added 0.75 percent, Seoul was up 1.55 percent and Shanghai advanced 0.90 percent. Janet Yellen told her Senate hearing that the US economy had to show it was strong enough before she would consider ending the Fed's bond-buying scheme as long as growth remained tepid and unemployment elevated. " I consider it imperative to do what we can to promote a very strong recovery," Yellen, President Barack Obama's pick to lead the Fed, told the Senate Banking Committee. The news sent Wall Street into another rally. The Dow climbed 0.35 percent while the S& P 500 rose 0.48 percent, both hitting record highs again. The Nasdaq added 0.18 percent. Global shares had climbed on Thursday after the release of Yellen's prepared statements that highlighted her support for the scheme. She gave no hint of when she would wind down the $85 billion a month scheme, saying everything was data-driven and that the data still required Fed support for the economy. Her comments will come as some relief to emerging economies, which have been in turmoil in recent months owing to uncertainty about the future of the stimulus. Despite expectations the Fed will continue pumping billions of dollars into financial systems, the greenback broke 100 yen in New York, and extended those gains in Asia Friday, following soft growth data out of Japan and Europe. Tokyo said Thursday economic growth fell to 1.9 percent in the July-September quarter as exports weakened and consumer spending slowed. The economy expanded 3.8 percent in the previous three months. And the Eurostat statistics agency said the eurozone grew just 0.1 percent in the third quarter -- compared with 0.3 percent in April-June -- with Germany off its stride and France hit by a surprise contraction. In early Tokyo trade the dollar bought 100.23 yen compared with 100.00 yen in New York and its highest level since early September. The euro fetched $1.3453 and 134.80 yen compared with $1.3459 and 134.61 yen. On oil markets New York's main contract, West Texas Intermediate for December delivery, was up 34 cents to $94.10 a barrel in Asian trade, while Brent North Sea crude for December eased 21 cents to $108.33. Gold fetched $1,289.20 per ounce at 0200 GMT compared with $1,283.06 on Thursday. |
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keniki
Member |
15-Nov-2013 11:13
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The penny stock saga must have put lots of retailers into debt and those bb must have changed market. |
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Peter_Pan
Supreme |
15-Nov-2013 11:04
Yells: "did you order dunkin' donuts" |
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controlled one | |||||||||||||||||||||||||||||||||||||||||||||||||
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