i tikam del monte also bottom...cheers!!!
Sis Halle,Kum siah... sti got fever again... could it be this thursday budget announcement... retailer like us must look out for head wind.. Good luck to u... I also tikam some TV... seem quite bottom...
bro bishan keong hee on yr ocbc...last fri banks up too much n now vomit out...cannot digest...real sucker sti...lol
Sis Halle,
Kum siah... sti got fever again... could it be this thursday budget announcement... retailer like us must look out for head wind.. Good luck to u... I also tikam some TV... seem quite bottom...
bro bishan keong hee on yr ocbc...last fri banks up too much n now vomit out...cannot digest...real sucker sti...lol
Banks got slaughtered .... simi sai.????
bro bishan keong hee on yr ocbc...last fri banks up too much n now vomit out...cannot digest...real sucker sti...lol
Banks got slaughtered .... simi sai.????
Banks got slaughtered .... simi sai.????
Today US futures drop a bit, oil drop 1%, STI stocks drop big big: singtel drop 1%++ OCBC drop 1%++ meaning BB are expecting a big big drop soon after recent rally ... long time no drop big big ... it is time to drop big bog now :-b
Stocks To Watch.....L i n k
Yeo Hiap Seng, Artivision Technologies, Anchor Resources, Yanlord Land
I read this exact same article in Sunday times today! Are you that writer?
is good time to do some cleaning up of our stocks portfolios.http://sporeshare.blog spot.sg/2016/03/cleaning-up-of-stocks-porfolios.html
- Best Performer: Singapore Straits Time Index rallied for 14.44% with PE Ratio of 13.33.
especially under performed s chips....
is good time to do some cleaning up of our stocks portfolios.http://sporeshare.blog spot.sg/2016/03/cleaning-up-of-stocks-porfolios.html
is good time to do some cleaning up of our stocks portfolios.
http://sporeshare.blog spot.sg/2016/03/cleaning-up-of-stocks-porfolios.html
Just beware of the big plunge...
North and South American Indexes
| Index | Country | Change | % Change | Level | Last Update | |
|---|---|---|---|---|---|---|
 |
Dow Jones Industrial Average | United States | +120.81 | +0.69% | 17,602.30 | 4:37pm ET |
| |
S& P 500 INDEX | United States | +8.99 | +0.44% | 2,049.58 | 4:37pm ET |
| |
Brazil Bovespa Stock Index | Brazil | -99.13 | -0.19% | 50,814.66 | 6:04pm ET |
| |
Canada S& P/TSX 60 | Canada | -8.14 | -1.02% | 791.35 | 4:49pm ET |
| |
Santiago Index IPSA | Chile | +51.53 | +1.66% | 3,152.05 | 3:14pm ET |
| |
IPC | Mexico | +683.69 | +1.53% | 45,482.39 | 6:06pm ET |
S & P 500 turns positive for 2016 as recession fears fade
The S & P 500 closed positive for the year on Friday for the first time in 2016 as the U.S. Federal Reserve' s dovish tone and a strengthening economic outlook compelled investors to take on more risk.
In part, the rally was a continued reaction to the Fed' s move on Wednesday, in which it scaled back expectations for the number of rate hikes in the coming months. Major indexes gained for five weeks in a row and the Dow closed higher every day this week.
" It was a huge gift to the market," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia. " I think the market was bracing for a more hawkish view."
The Dow Jones industrial average closed positive for the year for the first time in 2016 on Thursday.
Following the Fed move, the dollar weakened and drove up commodity prices. Oil rose above $ 42 a barrel.
" People are realizing that this means a weaker dollar and that should benefit a lot of the stocks in the S & P and Dow, stocks with lots of exposure overseas," said Kim Forrest, research analyst at Fort Pitt Capital Group in Pittsburgh.
Crude oil dipped on Friday as traders booked profits after strong seasonal demand and the U.S oil rig count rose for the first time since December.
Stronger-than-expected economic data, such as recent jobs and wages reports, and improved expectations for corporate earnings, have also eased recession fears and emboldened investors, Forrest said.
Read more .... L i n k
U only can try long or super ling usd when it is below 1.30 to sgd. The usd is going down further...my guess nxt yr this time at least lower than 1.30sgd
And depends how they play this out,it can go to below 1.20sgd
March is peak for market...1) Dow short is recommended
2) Long term view USD is to be decline but could long for rebound.
Wonderful green shoots and green fields sprouting all over Asia - thank you Mdm Yellen..
Looks like one big fear factor, aka Fed rate hikes, is fading..
A lot of people who dumped stocks earlier thinking there will be a Spore recession and an oil and US Fed rate hike induced market collapse are going to be desperately wanting to buy back in soon I think.
Straits Times Index
2,906.80 0.92% +26.63
| Volume: | 1,951.1M | ||
| Value: | $1,666.9M | ||
| Gainers/Losers: | 236/185 | ||
Singapore shares close higher STI in the black for the year
MAR 18, 20165: 33 PM
THE Straits Times Index on Friday moved into positive territory for 2016 when it jumped 26.63 points or 0.9 per cent to end at 2,906.8.
. It was the first time the index closed in the black since it ended 2015 at 2,882.73 The push was led by the three banks and Singtel - turnover in the 30 STI stocks amounted to S $ 1.2 billion, about 71 per cent of the total dollar volume of S $ 1.7 billion that was done by the whole market. Most of the index' s gain came in the final seconds of trading and was probably in anticipation of a Wall Street rally on Friday.
For the week, the STI gained 78 points or 2.8 per cent for the year to date, it is now up 24 points or 0.8 per cent.
The main focus this week was the US Federal Reserve' s Federal Open Markets Committee (FOMC) meeting on Tuesday and Wednesday, which although lived up to expectations by leaving interest rates unchanged, surprised markets by its dovish stance that there may be only two rate hikes this year instead of the previous plan for four.
