Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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victorf
Master |
21-Jul-2010 09:38
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Market is always Right!!! good luck :)
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Farmer
Master |
20-Jul-2010 19:13
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BlackRock's Doll Says `Double-Dip' Recession Unlikely, U.S. Stocks to Rise
By Jul 19, 2010
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A “double-dip” recession is unlikely, even as corporate earnings and economic reports raise fresh concerns over the strength of a global recovery, said Robert Doll, of BlackRock Inc., the world’s largest asset manager. U.S. stocks have the potential to climb higher in the second half of this year, Doll, BlackRock’s vice chairman, said in a Bloomberg Television interview. Futures on the Standard & Poor’s 500 Index dropped as much as 0.5 percent today after a report showed U.S. home-builder confidence fell more than forecast, fueling concern the recovery is faltering. “My view is that we will not have a double dip, and that we’ll work our way higher, but maybe not just yet,” Doll said. “If we can get through the second quarter with earnings reasonably good, revenues reasonably good versus expectations, that will be a good down-payment on getting out of what ails us in this period.” Earnings have been “okay, but not great,” he said. The S&P 500 index rallied 23 percent in 2009 as governments worldwide mounted stimulus programs to counter a global recession. This year, it has lost 3.9 percent as European budget deficits and China’s steps to curb asset bubbles looked like threatening a recovery. U.S. Reports Speculation of a double-dip recession intensified this month as reports pointed to a contraction in U.S. manufacturing and slowing economic growth in China, and after companies from Google Inc. to General Electric Co. and Citigroup Inc. reported earnings or revenue that missed analysts’ estimates. “If this is just an ordinary cyclical slowdown, which is my view, stocks will have a better second half,” Doll said. Even as China’s growth slows, the world’s most populous nation will continue to spur a global recovery and drive up stock markets, particularly in developing nations, he said. “China is a potent force of growth,” said Doll. “We do think they have the muscle to help continue the emerging markets being the leader of the world’s growth scene.” BlackRock is “overweight” U.S. stocks within its developed markets portfolio because of the “significant stimulus” ploughed into the economy over the past two years, Doll said. “We’re overweight, but not as much as before, the emerging markets,” he said. “Our preference is to play them through the multinationals.” In January, BlackRock predicted the S&P 500 may end the year at 1,250, which is almost 17 percent above yesterday’s closing level. |
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Hulumas
Supreme |
20-Jul-2010 15:35
![]() Yells: "INVEST but not TRADE please!" |
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I only like China Jishan type! Ha. ha.. ha...
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yummygd
Supreme |
20-Jul-2010 15:31
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nooo kovan must eat the wan tan mee n fried carrot cake
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des_khor
Supreme |
20-Jul-2010 15:28
![]() Yells: "Tell me who is the God or MFT from this forum??" |
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You --- He , She or Shim ? I love she only le... I don't know IPunter and Hulumus love which types ?
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des_khor
Supreme |
20-Jul-2010 15:24
![]() Yells: "Tell me who is the God or MFT from this forum??" |
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Let's go to have Kovan market Mee Pok ... opppsss ! renovation now ??
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ycxhbp
Member |
20-Jul-2010 15:09
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Ipunter Hulumas Des Khor ,very funny ! I love all of you ! |
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niuyear
Supreme |
20-Jul-2010 15:07
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Actually supposed to have rally, but, flooded, so, must clear water first, and wait and see if got pre-national day rally, if not, then wait for election. If still dont have, then Christmas. Make sure there is no flood before Xmas, or else, Orchard road wont have santa clause coming to town .
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iPunter
Supreme |
20-Jul-2010 14:54
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Hahaha... Which mean to say one will be alternately Rich and "Pok!", and Rich and "Pok!" and Rich and "Pok!" many times in the course of that time... And hopefuly when the time comes to sell, it is Rich time and not Pok!" time...
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virgoan
Member |
20-Jul-2010 14:44
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Tks Victorf n Alex for your comments. | ||||
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Hulumas
Supreme |
20-Jul-2010 14:30
![]() Yells: "INVEST but not TRADE please!" |
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So within ten years you just do . . . BUY BUY BUY . . . SELL SELL SELL . . . HOLD HOLD HOLD accordingly, as simple as that!
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des_khor
Supreme |
20-Jul-2010 14:20
![]() Yells: "Tell me who is the God or MFT from this forum??" |
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10 years period we can have many dip dip dip.........up up up............sideway sideway sideway.........
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Isolator
Supreme |
20-Jul-2010 14:15
![]() Yells: "STI is hard landing to below 2000..." |
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When you say "buy on dip", please state how long need to hold? 10 year later it move up, and this still fulfill "Market is always right" too.... lol.... ![]()
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Hulumas
Supreme |
20-Jul-2010 13:29
![]() Yells: "INVEST but not TRADE please!" |
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Good analysis, I may follow through!
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victorf
Master |
20-Jul-2010 12:55
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Market is still in "BUY ON DIP" mode....no indication for any change of mode to "NEUTRAL" or "SELL INTO STRENGTH"....repeat "BUY ON DIP"....remember Market is always Right!!! good luck :) | ||||
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alexchia01
Elite |
20-Jul-2010 12:38
![]() Yells: "Catch The Stars And Ride With Them" |
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This is my personal analysis for the week. 1. SSE has bottomed and starting to head up this week. 2. HangSeng fall hard on last Thursday and Friday, but seems to be riding on SSE gain and would continue to move up. 3. STI has hit the peak and moving sideway. It could start to trend downward next week. 4. Europe continue to move lower this week with strong downward pull. 5. DOW and S&P 500 are still mixed. No direction at this moment. STI is squeezed in between China and the West. It may move sideway with some pull back in the near future, but as long as China is going strong, STI should hold on well. This is the time to Buy Selectively. I would focus on undervalued companies with their main Business in Asia. This is my personal analysis, you invest at your own risk. Good luck to all. |
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Hulumas
Supreme |
20-Jul-2010 12:32
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TRUE! Anyway, STI >3,000 is imminent!
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virgoan
Member |
20-Jul-2010 12:29
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Hi Victorf Is it still Buy on dip? |
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boyikao3
Master |
20-Jul-2010 12:27
![]() Yells: "Money or reputation ?" |
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Yes you do. You might be sufering a case of srious hallucnations without realising it yourself. Make-believe friends, fairies and mentors come visit you sometimes, right ? You need help !
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Hulumas
Supreme |
20-Jul-2010 10:04
![]() Yells: "INVEST but not TRADE please!" |
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TRUE!
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