Ya....but still think the bear is still around...still very cautious even when most investors are turning bullish once again....
a very big contrast of January and February ...
Seems like the fate has changed dramatically overnight....
Surprise at the resilent shown ....but take a look at the global scenes, not a rosie picture out there .....can the climb continue???
Seems to break the spell of being in the RED.....will it continue???
At the end of this year, we shall see if the value stocks will win over the bears eventually. We shall just see.
Lots of ppl misses out this mini bull this week. Blame it on the media keeps painting gloomy scene and over blowing neagative news. The news are all over the internet and newspaper that US this week will report some important data and anticipating not so good report.
Stay invested long term and ignore all these noises, you will be better.
i am indeed very surprise to see the Consumer's retail sale...the confidence is still up in Jan...somemore positive..cauz...
i just saw Bloomberg report saying that traders will expect 100% that Fed will the interest rate further in March...now is already mid-Feb...Fed Meeting will be soon in early March
Indeed changing course. The Americans are singing different tune now. Reatil Sales as expected to drop 0.3% in January polled by 81 economists, following by 0.4% drop from December last but the result came out today that it rises 0.3% reversing the course from a month ago. That should be something we should be cheering of as it points lesser to US recession but just slowing down of economy. DJ tonight should rally based on this news, plus Warren Buffet's CocaCola earning this quarter beat analysis estimates today. Cheers!
Changing fortune????
Still trying, a lot of insider trading pushing the STI to close HIGHer than expected...
Nice.. breakthru the 2900 points...climbing back towards 3000 points again???
Oops...breakthru the 2900 points...testing new low everyday...
What a drag, first day trading of after CNY...
All waiting for budget on 15 Feb???
But many will be out cherry picking as they find the price attractive in many counters...
Half glass full or empty depends on individual....
Good luck....starting of Jan already wipe $5.2m trillion from global equities...
More to come????
we are currently below 3000 support level for STI...and the DOW is testing the 12000...it is quite certain based on the psychology of Singaporeans, we wouldn't wanna get caught in a situation this coming week when DOW suddenly break below this 12000 (we are so near it now..)...so ppl will still continue to sell-off
So what...the package is a drop in the ocean...
Read in Dow thread that the world equities lost $5.2 trillion alone in the month of Jan...
More is in store......RED....
This is inconsistent with the huge rescue package announced to boost the US economy...
yet the Dow falters precariously...
The Dow daily bar chart doesn't look very encouraging at all...
probably still in the "sell on the rally" mode...
Look like Red color will stick closely to STI on Monday....Dow is down by almost 1% as of now, testing 12000 level pretty soon...
No doubt today see RED in the market dropping 106 points, but entering into the new year now...
HUAT .....arh.....
If you look closer to the value traded for half-day, the value is the same as the value traded full-day yesterday.
Value traded is 1.431bil SGD
I can't imagine if today is a full day trading.. i think i will see more lau sai..