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STI to cross 3000 boosted by long-term investors Post Reply Rate topic
cashiertan Elite	18-Jun-2007 01:19        cashiertan About Contact  Quote this Post!
x 0   x 0  Alert Admin	STI is on a steady divergence since april.. when it correct.. it will be a potential 10% correction if the divergence drag longer and longer
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chipchip66 Master	17-Jun-2007 23:42        chipchip66 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Looks like this is the golden era for stocks. US inflation is mild while Asian economies are beginning to enjoy robust growth after 9-10 years in the doldrums. Euro economies are also being supported strongly by their currency, the Euro. The Yuan also hit revaluation highs due to foreign funds and its red hot stock market. So is this run sustainable? How long will it sustain before the next correction comes in? I am sure the principle of high risk, high returns still holds the ultimate truth. Ride the wave now or stop at the next station is our choice to make ultimately. My personal view is that we are now experiencing something more sustainable but can be ended more abruptly as well depending on market sentiment. Anyway, lets hope STI will cheong to new highs this week. Cheers!
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pwcyan88 Member	17-Jun-2007 22:19        pwcyan88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	STI tested 3600 on Fri. With the (anticipating) run up, hopefully it will shoot past the magic figure next week and climb higher b4 21 Jul. Let's toast to the Bull ....... Yam Seng everyone.
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cyjjerry85 Elite	17-Jun-2007 18:00        cyjjerry85 About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	guess this really is good news for those who vested...get ready to reap in those profits..Monday to shoot up. Penny stocks on the rise again.  Previous forum posts noted that the bull run will be up till 21 July right? Let's see
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student Veteran	17-Jun-2007 15:52        student About Contact  Quote this Post!
x 1   x 0  Alert Admin	How not to chiong, you tell me... it's a hot, hot market. So much money to be made.
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teeth53 Supreme	17-Jun-2007 10:24        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Today Sundaytimes June 17, 2007. Pages 22 on investment--Wall street. Calling all retailer investers. Stock up now, do ur home 1st s that U are familier with..., buy some and hold as US stock prices shoot up after inflation fears subsided. STI and SGX Sesdaq (small cap stocks) index is posted to hit a new high in coming week. This coming trading week predicted positive outlook on most penny stocks that took profit for last week. Just sharing my tot.
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Livermore Master	16-Jun-2007 21:21        Livermore About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Yen went into what some analysts say could develop into a free fall after the Bank of Japan's Policy Board again declined to raise interest rates from 0.5%.   BOJ governor, Fukui said,"We need to see US economic developments. We also want more proof of the sustainability of domestic demand such as capital spending and household consumption. The yen plunged to a four and a half year low of 123.28 against the US dollar and sank to a near record low of 164.04 against the euro.Tokyo stock market on the other hand, hit their highest level for a week. The cheap yen is the most positive factor for the stock market. It's a boost for the Japanese economy. With the cheaper yen, Japanese investors pour money into higher yielding foreign securities.   With this latest news and unalarming inflation data from the US, our stock market is likely to be bull next week as fears of the "Yen carry trade" temporarily subsides.
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EastonBay Master	16-Jun-2007 16:01        EastonBay About Contact  Quote this Post!
x 0   x 0  Alert Admin	agree with Livermore on "If choose a stock with long term theme, you will make money". Just look at SGX, the very exchange you are directly or indirectly dealing with on every trading day. The rise of it is simply spectacular.
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victorf Master	16-Jun-2007 10:11        victorf About Contact  Quote this Post!
x 0   x 0  Alert Admin	The BULLS will carry on to charge ahead on Monday...good luck trading
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Livermore Master	16-Jun-2007 10:09        Livermore About Contact  Quote this Post!
x 0   x 0  Alert Admin	This subject title is on long term investment. Truly the one stock investment one should hold for long term is oil related stocks. If choose a stock with long term theme, you will make money. Look at Sembmarine, Keppel Corp, ASL Marine, Labroy Marine. Their stocks keep going higher and higher as they keep winning more and more contracts.......   Another good theme is infrastructure in emerging economies. Ask yourself what is in demand in infrastructure boom, and you will find the right stock to buy for the long term.   Despite the focus on clean fuel like Bio Fuel, I still believe oil price is going stay high for a very long, long time......
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Livermore Master	16-Jun-2007 09:45        Livermore About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oops, I typed wrongly.Maybe I am a bit sleepy. This is the corrected version   When the Dow dropped by about 150 points due to interest rate hike on inflation fears, I said not to panic and interest rate would not be raised.    Now US Fed has kept interest rate unchanged and latest US data shows that inflation has not been alarming. Dow has surged these past 3 days!
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Livermore Master	16-Jun-2007 09:42        Livermore About Contact  Quote this Post!
x 0   x 0  Alert Admin	When the Dow dropped by about 150 points due to interest fears, I said not to panic and interest rate would not be cut.   Now US Fed has kept interest rate unchanged and latest US data shows that inflation has not been alarming. Dow has surged these past 3 days!
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victorf Master	15-Jun-2007 14:06        victorf About Contact  Quote this Post!
x 0   x 0  Alert Admin	wonder whether the Shortist all got killed when STI touched 2600 today? think they only suffer a gun shot now but a BIG CANNON shot heading towards them as Market will do the talking for the next few weeks...good luck trading :) Posted: 06-Jun-2007 11:53 x 0 x 0 buy the index up till 21st July...and funny someone still calling for short ...it is only when the tide is down that you know who is naked....let the market prove who is correct in 2-3 weeks time...good luck :)
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teeth53 Supreme	15-Jun-2007 13:45        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Look very likely end of June 2007 can see STI 3.7k liao...B4 many, many ppl's take profit B4 and after 3.7k..Happy trading ..Yahh..
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teeth53 Supreme	15-Jun-2007 12:39        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	STI bull hit a new high of 3.602. STI is post for another run up... teeth53 Posted: 09-Jun-2007   Just a gentle reminder. STI is post to bound up another 200 points to see 3.7k by year end. Elite "Bo Lehh.." mkt still cruising to a new high lehh.......DOW and S,ghai mkt no good, is good for other regional bourses.... A sign of heathty mky correction. teeth53 Posted: 25-May-2007 STI will test new high B4 profit taking again n has been happening afew round this year, certainly will be following S'ghai n Dow, needlessly w/o much effort.
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victorf Master	15-Jun-2007 09:16        victorf About Contact  Quote this Post!
x 0   x 0  Alert Admin	The bull will continue to move ahead short term...good luck trading :)
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Livermore Master	15-Jun-2007 08:01        Livermore About Contact  Quote this Post!
x 0   x 0  Alert Admin	NEW YORK : Wall Street rallied for a second consecutive day on Thursday as investors put a positive spin on a mixed report on wholesale inflation. The Dow Jones Industrial Average posted a gain of 71.37 points (0.53 percent) to close at 13,553.72 and the Nasdaq composite gained 17.10 points (0.66 percent) to 2,599.41. The Standard & Poor's 500 broad-market index rose 7.30 points (0.48 percent) to 1,522.97. The market kept momentum from Wednesday's strong rally, which saw a 1.5 percent surge in the broad market after the Federal Reserve said in its Beige Book report that economic growth appeared to be picking up while inflation was holding mostly steady. Thursday's report on US inflation at the wholesale level showed a jump in energy costs pushed up the producer price index (PPI) by a sharper than expected 0.9 percent in May. But "core" prices excluding food and energy rose a tamer 0.2 percent. "Today's PPI data provided the market with a boost," said Gregory Drahuschak at Janney Montgomery Scott, noting that it supported other data in the past few days suggesting inflation is largely in check. But Drahuschak said a key to the rally will be Friday's consumer price index (CPI) report, which shows the more significant data on inflation at the retail level. "If the market does not get a surprise from the CPI report tomorrow, the S&P 500 could make an attempt to challenge its recent peak around 1,539," he said. Analysts said the PPI figure had a potential to roil the bond market but that the core price index, often seen as a better gauge of future trends, has suggested inflation was largely in check and should allow the Federal Reserve to hold interest rates steady. "The subdued, stable core PPI reading and cooling pipeline pressures show that this is one inflation report the Fed does not have to worry about," said Michael Gregory at BMO Capital Markets. Fred Dickson, market strategist at DA Davidson, said stock traders would take their cues from the bond market. Stocks were rattled in the past week by a spike in bond yields, but the Treasury market appears to have stabilised since then. "We see more volatile trading days ahead on Wall Street with equity traders reacting to even the smallest jiggles in bond yields," Dickson said. Bonds showed minor losses as the market stabilised from the big sell-off over the past week. The yield on the 10-year US Treasury bond rose to 5.217 percent from 5.200 percent late Wednesday. The 30-year bond yield increased to 5.292 percent from 5.276 percent. Among stocks in focus, General Motors raced forward with a gain of 1.50 dollars or 4.7 percent to 33.60 amid reports it was near a deal with its bankrupt former parts unit Delphi and the United Auto Workers union to provide a one-time cash payout in exchange for lower hourly wages. Goldman Sachs tumbled 7.89 dollars or 3.4 percent to 225.75 after the investment banking giant reported a profit of 2.3 billion dollars in the past quarter, nearly unchanged from a year ago, as results were hurt by a slumping real estate market. Rival investment firm Bear Stearns rose 11 cents to 149.60 as it beat most analyst forecasts even though it reported a drop in its fiscal second-quarter earnings. - AFP/de
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ed88ks Senior	15-Jun-2007 07:29        ed88ks About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why the Fear? The rationale for fears of higher rates seems to be that rates are rising around the world, so they must eventually rise in the US as well.  There is some truth to that, but ultimately US rates will be overwhelmingly determined by US conditions as reflected in GDP and inflation.  The fact that the New Zealand central bank raised its benchmark rate to 8% last week, which spooked the US bond market, has virtually no implications for US rates.  Japanese rates are far more important, and the central bank target rate there is just 0.5%. Rising commodity prices and strong global economic growth are certainly factors in setting US interest rates, but there is no reason to presume that these conditions suddenly warrant sharply higher US rates.  For the bond market to suddenly become fearful of Chinese economic growth and New Zealand interest rates reflects a market acting on fear rather than reason. Likely Fed and Rate Changes The yield curve is still negative.  That is, the 10-year note yield is below short-term rates.  This is abnormal.  Historically, long-term rates will exceed short-term rates by a couple of percentage points. To get to a more normal yield curve, either long-term rates have to move higher or short-term rates lower, or a combination of both.  Our view is that short-term rates have to come down over a period of years.  Inflation will remain fairly steady and may even drop further.  The current 5.25% fed funds rate represents a very high real rate by historical standards and is thus restricting economic growth.  It may be a long time off, but the next move in Fed policy is more likely to be to lower rates than to raise them. The simple fact is that real GDP growth is sluggish, and not likely to become strong through 2007.  With the recent upturn in interest rates, growth may even remain below 3% into 2008.  At the same time, the core PCE deflator is at the low end of the Fed's current forecast and dropping.  These are not conditions under which the Fed raises rates.  Ultimately, they will lead to lower rates. The 10-year note yield is not out of place at current levels.  If inflation remains steady, it shouldn't move much higher as it already represents a good real return.  We wouldn't ignore the possibility of it moving modestly higher over the next year or two, but the talk of sharply higher rates by some of the anointed rates gurus simply doesn't add up.  Chinese economic growth is not a sufficient reason to expect higher US rates if inflation stays low. What it All Means The interest rate scare of last week was massively overblown.    Real interest rates are already high across the yield curve and will not move sharply higher this year or in the years to come.  US economic growth is below potential and will remain that way for perhaps a year.  The recent spike in rates could even lead to another down leg in the housing industry that will make it much harder for growth to reach 3%.  High real interest rates will remain a restraining factor on US economic growth for a long time.  Inflation rates, meanwhile, are low and dropping.  There is always a risk of higher inflation in the future, but with sluggish economic growth the risk is limited.  Furthermore, the Fed is committed to keep inflation at current levels or even drive it lower.  They have the power to make that happen.  They aren't going to let economic growth pick up to the point that it creates significantly higher inflation.  Sluggish economic growth and contained inflation will ultimately lead to lower, not higher, interest rates.   Fed policy will be on hold through this year and perhaps longer, but the next move is still likely to be to cut rates.  The current fed funds rate is very high in real terms from a historical perspective.  A more normal yield curve several years down the road is likely to result from lower short-term rates and little change in long-term rates. The implications of this for the stock market are not dire.  Compared to a 5.11% 10-year note yield the current earnings yield on stocks is very attractive.  It is 6.2% for the next four quarters for operating earnings.  In other words, stocks provide a better return than bonds.  Valuation models favor stocks.  This remains true even if bond yields rise a bit more.  And, the risk to the earnings outlook is presumably small if higher bond yields are a result of economic growth picking up. The rise in the 10-year note yield does not change our long-term view of the stock market.  The sell-off in stocks last week reflected a necessary retreat of an overbought market.  It does not reflect a necessary adjustment to the risk of sharply higher interest rates in the year ahead.  That is not going to happen. - - Dick Green, Briefing.com
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Livermore Master	15-Jun-2007 07:25        Livermore About Contact  Quote this Post!
x 0   x 0  Alert Admin	Latest US data showed that inflation has been "well behaved". Thus Dow surged again last night. I knew the call on interest rate hike on inflation fears was a wrong one. When rate was kept unchanged, Dow surged. When inflation data was ok, Dow surged again.   Just as I expected......:) *hehe*
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victorf Master	14-Jun-2007 16:29        victorf About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let the MARKET do the talking...Thou shalt not talk...good luck trading :)
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