Market is on mega bull run becos Trump the next president is gonna sent jobs back to US.....
TRUMP WILL BE GREAT FOR STOCK MARKET NOW... EVEN BUFFET SAY SO... THE establishment stand behind trump now...
Which means wall street is behind trump....
The US bull is going 19k next week.... and then 20k
THE WHOLE WALL STREET IS BEHIND TRUMP NOW.... 20K IS A SURE THING FOR DOW....
HUAT AH
http://www.cnbc.com/2016/11/11/obama-administration-backs-off-pacific-trade-deal-vote-effort.html
Siao liao
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Symbol
|
Name
|
Price
|
Change
|
%Change
|
|
|---|---|---|---|---|---|
| DJIA | Dow Industrials | 18847.66 |
|
39.78 | 0.21% |
| S& P 500 | S& P 500 Index | 2164.45 |
|
-3.03 | -0.14% |
| NASDAQ | NASDAQ Composite | 5237.11 |
|
28.32 | 0.54% |
Dow posts best week since 2011 after Donald Trump election win
U.S. equities closed mostly higher on Friday, with the three major indexes posting their best weekly gains of the year on the back of a surprise Republican sweep.
" I think you' re seeing a transition from a government that had its thumb on growth to a free economy," said Bruce Bittles, chief investment strategist at Baird. " We' re now looking at an economy that can reach its full potential. "
The Dow Jones industrial average closed about 37 points higher, with Goldman Sachs contributing the most gains. For the week, the Dow rose around 5.4 percent, marking its best weekly performance since December 2011.
Energy stocks were pressured by falling oil prices, as US crude fell 2.8 percent to settle at $ 43.41 per barrel after OPEC said October output reached another record, casting doubt on whether its plan to limit production is achievable or enough to ease persisting oversupply in the market .
Since Trump' s victory, investors have been quickly reallocating assets, increasing exposure to financials and industrials, while lowering positions in sectors like utilities, real estate and consumer staples.
As of Friday' s close, financials and industrials had gained 11.33 percent and 7.96 percent, respectively, while utilities, consumer staples and real estate were down 4.08 percent, 2.13 percent and 1.47 percent, respectively.
The Fed is largely expected to raise rates next month, according to the CME Group' s FedWatch tool, which said market expectations for higher rates were around 76 percent.
Before the bell, Fed Vice Chairman Stanley Fischer said the case for removing accommodation is " quite strong" while interest rates will plateau at a level that is lower than normal. He added that He expects US rates to rise gradually, and said the Fed is The Fed' s goal is to return to 2 percent longer-run inflation and to maximize employment.
In economic news, consumer sentiment for November came in its highest level since June.
Overseas, European equities traded slightly lower, with the pan-European Stoxx 600 index slipping 0.41 percent. In Asia, stocks closed mostly lower, with the Nikkei 225 gaining 0.18 percent and the Korean Kospi falling 0.91 percent.
Gold futures for December delivery fell $ 42.10 to settle at $ 1,224.30 per ounce.
Read more.....
Straits Times Index
2,814.60 -0.69% -19.49 ▼
| Volume: | 1,816.1M | ||
| Value: | $1,850.8M | ||
| Gainers/Losers: | 123/306 | ||
Singapore shares finish weaker on Friday STI still up 0.9% for week, thanks to banks
A VOLATILE week ended on Friday with the Straits Times Index down 19.49 points at 2,814.6 in line with falls in most other emerging markets and currencies, and with more questions than answers in the minds of investors. For the week, the index gained 26 points or 0.9 per cent, with the bulk of the support coming from gains in the banks.
Top on the list of concerns is whether new US president Donald Trump will actually live up to his anti-trade, " America-first" stance, what it would mean for interest rates and the impact of his as-yet unknown foreign policy towards South -east Asia.
European markets & Dow future turn red..
European Indexes
| Index | Country | Change | % Change | Level | Last Update | |
|---|---|---|---|---|---|---|
 |
FTSE 100 | England | -27.31 | -0.40% | 6,800.67 | 3:54am ET |
| |
Euronext 100 | Europe | -0.21 | -0.02% | 873.67 | 3:39am ET |
| |
CAC 40 | France | -6.81 | -0.15% | 4,524.14 | 3:39am ET |
| |
DAX | Germany | +22.74 | +0.21% | 10,652.86 | 3:54am ET |
| |
Swiss Market Index | Switzerland | +0.27 | +0.00% | 7,929.04 | 3:54am ET |
European Indexes
| Index | Country | Change | % Change | Level | Last Update | |
|---|---|---|---|---|---|---|
| |
FTSE 100 | England | -14.51 | -0.21% | 6,813.47 | 3:21am ET |
| |
Euronext 100 | Europe | +2.47 | +0.28% | 876.35 | 3:06am ET |
| |
CAC 40 | France | +9.27 | +0.20% | 4,540.22 | 3:06am ET |
| |
DAX | Germany | +26.85 | +0.25% | 10,656.97 | 3:21am ET |
| |
Swiss Market Index | Switzerland | -4.20 | -0.05% | 7,924.57 | 3:21am ET |
Asia Shares mixed in Morning Session
Hong Kong shares end the morning session in the negative with the Hang Seng index down 1.22% or 280 points at 22,560 points.
The Shanghai composite was up 0.45 percent, while the Shenzhen composite was 0.041percent.
Along with some profit taking, worries arose over whether Donald Trump would impose tariffs on imports into the U.S. from Chinese firms.
The Nikkei 225 shed earlier gains of more than 1 percent and traded up 0.28 percent by late-morning. The Japanese benchmark index Thursday closed nearly 7 percent higher, at 17,344.42.
During the Asian session, US crude futures were down 0.56 percent at $ 44.41 a barrel after settling at $ 44.66 on Thursday, while Brent slipped 0.41 percent, to $ 45.65. Brent had last settlement price was at $ 45.84 a barrel.
Oil prices settled more than 1 percent lower on Thursday, as markets focused on oversupply issues. The International Energy Agency (IEA) reported that oversupply concerns will remain, unless the Organization of Petroleum Exporting Countries (OPEC) can reach an output cut deal in its November 30 meeting.
Not everyone got it wrong.
Only those who slavishly accepted hook, line and sinker what the media said.
Brexit is one eg, US election another. LOL.
Everyone got it wrong lol trump president is very good for stock market, massive trillion dollar infrastructure simulus next year. Fund managers now gouging on everything lol, hope the bullish festive spread till year end. Think trump gonna open cash pipe and dump money where it really matter, gov sponsored building programme when simulus go i to hands of odinary citizen instead of stacking somewhere in the banks. The qe programme got it wrong dumping money to banks who don dare to lend, gov lead simulus better direct cash drop on people. Maybe sg should follow lead expand the civic sector to absorb more workforce maybe nationalise the pmet industries lol.
US and China can make it because they r pro business. Sg is still in austerity mode.
Everyone got it wrong lol trump president is very good for stock market, massive trillion dollar infrastructure simulus next year. Fund managers now gouging on everything lol, hope the bullish festive spread till year end. Think trump gonna open cash pipe and dump money where it really matter, gov sponsored building programme when simulus go i to hands of odinary citizen instead of stacking somewhere in the banks. The qe programme got it wrong dumping money to banks who don dare to lend, gov lead simulus better direct cash drop on people. Maybe sg should follow lead expand the civic sector to absorb more workforce maybe nationalise the pmet industries lol.
Asian Indexes
| Index | Country | Change | % Change | Level | Last Update | |
|---|---|---|---|---|---|---|
| |
Australia ASX All Ordinaries | Australia | +7.10 | +0.13% | 5,416.00 | 8:57pm ET |
| |
Shanghai SE Composite Index | China | -0.91 | -0.03% | 3,170.37 | 9:02pm ET |
| |
Hang Seng | Hong Kong | -379.17 | -1.66% | 22,459.94 | 9:02pm ET |
 |
Mumbai Sensex | India | 27,517.68 | 7:29am ET | ||
| |
Nikkei 225 | Japan | +172.53 | +0.99% | 17,516.95 | 8:57pm ET |
| |
Taiwan TSEC 50 Index | Taiwan | -176.30 | -1.93% | 8,975.88 | 8:57pm ET |
Asia markets mixed Nikkei jumps 1%, ASX up 0.2%, Kospi slips 0.9%
Nikkei jumped more than 1 percent in early trade on Friday, tracking strength in U.S. equities overnight as as appeared appeared more comfortable with U.S. President-elect Donald Trump.
The Nikkei 225 continued to advance in early trade, trading up 1.18 percent. The Japanese benchmark index Thursday closed nearly 7 percent higher, at 17,344.42.
The yen snapped a five-day losing streak against the dollar, tracking at 106.70 as of 8:40 am HK / SIN. It was at 102 levels just earlier this week.
In Australia, the benchmark ASX 200 was up 0.2 percent, buoyed by its heavily-weighted financials sub-index, which was up 1.63 percent.
South Korea' s Kospi dropped 0.85 percent in early trade, ahead of the Bank of Korea' s monetary policy decision due later. The Korean won was trading 0.21 percent lower against the dollar, at 1,163.9
During Asia trade, U.S. crude futures were down 0.4 percent at $ 44.48 a barrel after settling at $ 44.66 on Thursday, while Brent settled down 1.1 percent at $ 45.84 a barrel.
Oil prices settled more than 1 percent lower on Thursday, as markets focused on oversupply issues. The International Energy Agency (IEA) reported that oversupply concerns will remain, unless the Organization of Petroleum Exporting Countries (OPEC) can reach an output cut deal in its November 30 meeting.
South Korea will announce its interest rate decision on Friday, while Hong Kong will release its third-quarter gross domestic product (GDP).
Asian Indexes
| Index | Country | Change | % Change | Level | Last Update | |
|---|---|---|---|---|---|---|
| |
Australia ASX All Ordinaries | Australia | +14.70 | +0.27% | 5,423.60 | 7:30pm ET |
| |
Shanghai SE Composite Index | China | 3,171.28 | 2:29am ET | ||
| |
Hang Seng | Hong Kong | 22,839.11 | 3:09am ET | ||
| |
Mumbai Sensex | India | 27,517.68 | 7:29am ET | ||
| |
Nikkei 225 | Japan | +262.46 | +1.51% | 17,606.88 | 7:30pm ET |
| |
Taiwan TSEC 50 Index | Taiwan | 9,152.18 | 7:48am ET |
Stocks To Watch
Wilmar, Noble, SBS Transit, SATS, UOL, Hotel Properties
Everyone got it wrong lol trump president is very good for stock market, massive trillion dollar infrastructure simulus next year. Fund managers now gouging on everything lol, hope the bullish festive spread till year end. Think trump gonna open cash pipe and dump money where it really matter, gov sponsored building programme when simulus go i to hands of odinary citizen instead of stacking somewhere in the banks. The qe programme got it wrong dumping money to banks who don dare to lend, gov lead simulus better direct cash drop on people. Maybe sg should follow lead expand the civic sector to absorb more workforce maybe nationalise the pmet industries lol.
