Post Reply
1-10 of 10
I'm dreaming of a white Christmas
Just like the ones I used to know
Where the treetops glisten,
and children listen
To hear sleigh bells in the snow
I'm dreaming of a white Christmas
With every Christmas card I write
May your days be merry and bright
And may all your Christmases be white
I'm dreaming of a white Christmas
With every Christmas card I write
May your days be merry and bright
And may all your Christmases be white
oldbirdy ( Date: 20-Nov-2013 16:38) Posted:
|
Oil prices on Thursday received a bounce from some solid US economic data and the lack of a breakthrough at international talks on Iran.
US benchmark West Texas Intermediate for January delivery rose $1.59 to $95.44 a barrel on the New York Mercantile Exchange.
European benchmark Brent oil for January delivery jumped $2.02 to $110.08 a barrel.
US benchmark West Texas Intermediate for January delivery rose $1.59 to $95.44 a barrel on the New York Mercantile Exchange.
European benchmark Brent oil for January delivery jumped $2.02 to $110.08 a barrel.
The ebullient mood on Wall Street has failed to rub off on the local market.
As if this is not bad enough, trading activities appear to be slowing down too, as interest in local equities waned.
Bloomberg data shows that the daily average turnover this month had fallen to $941.79 million.
This is lower than last month's daily average of $1.11 billion, which was itself a big letdown from September's $1.44 billion.
This market euphoria in the US is not sustainable. The reason behind the global stock rally is because of the flood of cheap money into the market by central banks all around the world. The party will go on for awhile more, but the music has to stop at some point. Just be careful about your trades and know when to lock in your profits and stay away. I'm staying mid term neutral and bearish in the next 1-2years.
or you can buy/sell the msci singapore futures
...by STI ETF (SPDR Straits Times Index ETF)?
A stupid question. How do I buy the sti?!
...will post here when STI reach ~3,500 :-).
Just like the song. ...dream.....ing....dream dream ..dream ...and deaming.....
STI 3000 already hit. Next target 4000!
DOW 16k, S&P 1800.
STI 4000!