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Behold The World's Real " Death Cross"
This isn't going to end well...
If you guys think that you have any lead that cause the trio px to collapse,by all means send an email with your supporting evidence to MAS/SGX or to the NE director Ng.Yr whinning here will not change anything or help the broader market.
risktaker ( Date: 23-Nov-2013 18:07) Posted:
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Fck off la goldman knn...... ur big but ur terrible...
Octavia ( Date: 23-Nov-2013 15:51) Posted:
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Einhorn: " Fed Policy Is A Headwind To The Economy"
http://www.zerohedge.com/news/2013-11-21/einhorn-fed-policy-headwind-economy
Goldman Sachs?s Top Ten Macro Themes for 2014
Dow Caps Longest Winning Streak Since 2011 on Jobs, Retail Sales
Click the chart for more data on this year's bull market.
U.S. stocks rose for a seventh week, sending the Dow Jones Industrial Average (INDU) to the longest stretch of gains in almost three years, as improved data on employment and retail sales offset concern over a cut in monetary stimulus.
SThe Dow and S& P 500 both ended higher for a seventh week. The Nasdaq posted its third consecutive weekly gain. The Standard & Poor?s 500 Index (SPX) added 0.4 percent to a record 1,804.76 over the five days, extending its longest weekly advance since February. The Dow climbed 103.07 points, or 0.7 percent, to 16,064.77.
Since January, the Dow has climbed by 22%, the S& P 500 is up by 26% and the Nasdaq has soared by 31%.
The surge is thanks in large part to the massive stimulus program administered by the Fed, which has supported the economic recovery with monthly bond purchases.
Related: Fear & Greed Index remains in Greed territory
With stock prices at such lofty levels, some investors say the market is becoming too expensive and the risk of a sell-off is increasing.
" When valuations start to get stretched, that's when we get nervous," said Wasif Latif, vice president of equity investments at USAA Investments. " This thing can go on for a while, but we're becoming more cautious."
The S& P 500 is now trading at 15 times earnings estimates for the next 12 months. That's up from a level of about 12 at the beginning of the year and is just above the market's long-term average. tocks rose further into record territory Friday, as expectations that the Federal Reserve will keep buying bonds for the foreseeable future offset concerns the market is overheating.
?The big change to me looking at this week is just the change in sentiment,? Daniel Genter, who oversees about $4.3 billion as president and chief executive officer of Los Angeles-based RNC Genter Capital Management, said in a telephone interview. ?More and more people are discounting that the potential tapering is not going to totally derail this market. There is life after tapering.?
Stocks Rebound
Equities slipped during the first three days of the week as minutes from a Federal Reserve meeting indicated the central bank may reduce monetary stimulus in coming months. Stocks rebounded over the next two sessions, with the Dow closing above 16,000 for the first time, as data showed weekly jobless claims fell to the lowest level since September. Retail sales increased 0.4 percent in October, the most in three months, according to a Commerce Department report.
Four out of five investors expect the Fed to delay a decision to begin reducing its bond buying until March 2014 or later, according to the Bloomberg Global Poll of investors, traders and analysts who are subscribers. Just 5 percent are looking for a move at its Dec. 17-18 meeting, the Nov. 19 poll showed.
Three rounds of Fed bond purchases have helped push the S& P 500 up 167 percent from a bear-market low in 2009. The benchmark gauge for American equities is up 26.5 percent this year, poised for the best annual gain since 1998, and is trading for about 17 times its companies? reported earnings.
While the valuation reached the highest level since May 2010, it?s still below the multiples at the market?s two previous peaks, when the ratio reached 17.5 in October 2007 and 31 in March 2000, data compiled by Bloomberg show.
?Fairly Valued?
?The market is fairly valued,? RNC?s Genter said. ?With slow growth and minimal P/E expansion, earnings will be the focus and earnings are good and will carry us for another year.?
Profits for S& P 500 companies will grow 9.9 percent in 2014, up from a 4.8 percent increase this year, analysts? estimates compiled by Bloomberg show.
World Markets
North and South American markets finished higher today with shares in Mexico leading the region. The IPC is up 0.99% while U.S.'s S& P 500 is up 0.50% and Brazil's Bovespa is up 0.21%.
North and South American Indexes
| Index | Country | Change | % Change | Level | Last Update | |
|---|---|---|---|---|---|---|
 | Dow Jones Industrial Average | United States | +54.78 | +0.34% | 16,064.77 | 4:35pm ET |
| | S& P 500 Index | United States | +8.91 | +0.50% | 1,804.76 | 4:35pm ET |
| | Brazil Bovespa Stock Index | Brazil | +112.72 | +0.21% | 52,800.74 | 6:00pm ET |
| | Canada S& P/TSX 60 | Canada | -0.02 | -0.00% | 777.49 | 4:19pm ET |
| | Santiago Index IPSA | Chile | +17.30 | +0.55% | 3,168.72 | 3:11pm ET |
| | IPC | Mexico | +403.46 | +0.99% | 41,199.02 | 6:06pm ET |
