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billywows
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14-Sep-2006 00:08
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Play see-saw also can - so long as Dow & Nasdaq close GREEN tonite - its clawing up now. Shiok! | ||||||||||||||||||||
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teeth53
Supreme |
14-Sep-2006 00:05
Yells: "don't learn through life, learn to grow with life " |
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Market Summary: 1 hr up, next hr down, seow seow liao. 2moro sti oso scare scare liao -ve 10 points.
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billywows
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13-Sep-2006 22:50
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billywows
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13-Sep-2006 22:42
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Cheaper PCs coming and can support MSFT's new Vista ..... Dow & Nasda flat, but falling much soon due to just-out news of oil supply decline. http://news.moneycentral.msn.com/ticker/article.asp?Symbol=US:DELL&Feed=AP&Date=20060912&ID=6015473 |
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billywows
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13-Sep-2006 21:49
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Dow & Nasdaq just swinged GREEN after opening flattish red .... Nasdaq stronger! | ||||||||||||||||||||
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billywows
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13-Sep-2006 21:24
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NEW YORK (MarketWatch) -- U.S. stocks were headed for a mixed open Wednesday, as investor optimism over the previous session's breakout was tempered by weakness in blue chip drug maker Merck following reports of further risks associated with Vioxx and in Lehman Bros. after the investment bank reported results.
S&P 500 futures eased 0.80 point to 1,324.30, while Nasdaq 100 futures edged up 3.25 points to 1,637.00. Futures for the Dow Jones Industrials Average slipped 9 points to 11,576.
"Bottom line is yesterday's rally was clearly impressive in terms of breadth and volume," said Lowry Research senior market strategist Richard Dickson. "However, there have been other impressive 1-day rallies over the past three months that have resulted in little or no increase in demand."
Dickson cautioned that if this pattern continues, it does leave the market vulnerable to any significant rise in selling interest, so any new commitments to the current market rally "should be made with this risk in mind."
Crude oil futures pared earlier losses to trade higher ahead of weekly U.S. petroleum supply data, in an attempt to halt its losing streak at seven sessions. The October contract was up 39 cents at $64.15 a barrel in electronic trading, bouncing from a 7-month low of $63.50 hit earlier in the session.
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kiwi77sg
Member |
13-Sep-2006 07:54
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Only 1 word to describe, SHIOK ! | ||||||||||||||||||||
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billywows
Elite |
13-Sep-2006 07:42
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WOW! A rally last nite in US .... Hewlett-Packard Co. and Bristol-Myers Squibb Co. shares gained after the companies reshuffled their respective top managements.
The Dow industrials rose 101.25 points to 11,498.09, its best finish in four months. Of the 30 Dow stocks, 25 contributed to gains. Check performance of Dow stocks.
The Nasdaq Composite Index soared 42.57 points, or about 2%, to 2,215.82.
The S&P 500 Index climbed 13.58 points, or 1%, to 1,313.12.
"People think that oil is going to stay down for a while and there is some good earnings news with McDonald's and Goldman Sachs, where the news wasn't as bad as people feared," said Ed Peters, chief investment officer at Pan Agora. "Small stocks are doing well today which means the rally is very broad based."
The Russell 2000 Index which tracks small and mid-cap stocks, rose 2.4% to 724.48.
On the broader market for equities, advancers outpaced decliners by more than 3 to 1 on the New York Stock Exchange, and by 3 to 1 on the Nasdaq.
Semiconductors rallied, helped by a Credit Suisse upgrade of the chip-equipment segment. As part of its revised view, the broker upgraded to outperform from neutral its rating on Applied Materials Inc.
Volume was 1.79 billion on the Big Board, and 2.04 billion on the Nasdaq.
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billywows
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13-Sep-2006 01:40
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Cashiertan, the last few US trading days of 'up' could be due to end of summer when traders are back to position themselves. And due to the low oil price too. Below article is quite positive of US markets for the next few months .... if the charts are correct. http://www.marketwatch.com/news/story/Story.aspx?guid=%7B818B4830%2DAF75%2D4C41%2D9030%2D612EA03BBC75%7D&siteid= Dow up 63 points, while Nasdaq up 21 points now. Shiok! |
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cashiertan
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13-Sep-2006 00:58
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the few days of DOW rally is not supported as i detected divergence from DOW charts. i believe the rally will subside and may even be red today. the prev 2 days of rise in DOW is a false sign.. |
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teeth53
Supreme |
13-Sep-2006 00:53
Yells: "don't learn through life, learn to grow with life " |
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Woo woww... dow and nasdaq points still climbing up, 2moro very goodi good chance for sti to turn more green liao. C steaming Quotes.. | ||||||||||||||||||||
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teeth53
Supreme |
13-Sep-2006 00:36
Yells: "don't learn through life, learn to grow with life " |
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let hope it can stay on course for the rest till Friday memm......Two days down, three days up. | ||||||||||||||||||||
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Nostradamus
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13-Sep-2006 00:33
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Stocks rose steadily after Goldman Sachs Inc. reported better-than-expected results and as oil prices fell despite a filed attack on the U.S. embassy in Damascus and a record trade deficit. The market reacted positively to management changes at Bristol-Myers Squibb and HP. | ||||||||||||||||||||
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teeth53
Supreme |
12-Sep-2006 23:47
Yells: "don't learn through life, learn to grow with life " |
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Market Summary : STI copy Dow, 2moro green liao.
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Nostradamus
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12-Sep-2006 20:59
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U.S. stock futures edged lower after the U.S. embassy in Syria was attacked by several gunmen, who reportedly were foiled in an attempt to explode a car bomb outside the compound. Texas Instruments was in focus after the world's largest provider of mobile phone chips narrowed its third-quarter financial targets after Monday's closing bell. Texas Instruments forecast sales in the range of US$3.71b to US$3.87b, compared with its previous estimate of US$3.63b to US$3.95b. It pegged earnings per share between 44-46 cents versus its previous outlook of 42-48 cents. |
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Nostradamus
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12-Sep-2006 20:54
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Trade deficit hit a record US$68b in July as surging global oil prices pushed America's foreign oil bill to the highest level in history. July deficit jumped 5% from the June imbalance. The overall imbalance was worse than expected and surpassed the old monthly record of US$66.6b set last Oct. So far this year, the deficit is running at an annual rate of US$776b, putting the country on course to rack up a record annual deficit for the fifth straight year. Democrats, campaigning for control of Congress in the November elections, hope voters will view the soaring trade deficits as evidence that Bush's trade policies are not working. Imports rose to a record high of US$188b, an increase of 1% from the June level. America's foreign oil bill climbed 4.8% to an all-time high of US$28.5b, reflecting record oil prices in July. The politically sensitive deficit with China did decline slightly in July to US$19.6b but is still on track to far exceed last year's US$202b deficit, the highest ever recorded with a single country. Treasury Secretary Henry Paulson will leave later this week for an Asian trip that will take him to China for his first meetings with Chinese economic officials since he joined the Bush's Cabinet in July. The administration is pushing China to move more quickly to allow its currency to rise in value against the dollar as a way to narrow the yawning trade gap by making American exports cheaper in China and Chinese goods more expensive for U.S. consumers. |
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billywows
Elite |
12-Sep-2006 07:46
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MARKET SNAPSHOT
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Nostradamus
Supreme |
12-Sep-2006 00:37
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U.S. economy should slow in coming months from roughly 4% growth to an expansion in the high 2% range, which should slowly ease inflationary pressures, Federal Reserve Bank of Boston President Cathy Minehan said Monday. No wonder indices are creeping up. Still, she cautioned that inflation remains a risk, and that the Fed should remain "quite vigilant" in containing that risk. "I see growth for the next year or so in the high 2's, approximately full employment, and core inflation subsiding," Minehan said in the text of remarks delivered to the National Association for Business Economics. "As near as we in Boston can tell, the best baseline forecast is that U. S. growth will moderate ... to something slightly below its potential of a bit less than 3 percent over the next year or so," Minehan said. "At this pace, the growth of demand will roughly match that of aggregate supply, and lead to little change in unemployment," she added. Minehan's forecast suggests that the central bank can continue to keep rates unchanged while it surveys the economic scene. The Fed last month kept the federal funds rate at 5.25%, the first pause since the Fed began its credit-tightening campaign in mid-2004. The Fed is widely expected to hold rates steady when it meets next week as well. One "obvious concern" to the economic outlook, Minehan said, is housing. While she's "comfortable" with forecasts for a "moderate downturn" in residential building, Minehan cautioned that recent data, including "gloomy assessments" by home builders, "remind me that this assessment could well be optimistic." "There are clear risks to the baseline housing outlook," she said, citing the effect of higher mortgage rates on borrowers, particularly sub-prime borrowers. Yet Minehan pointed to the fact that home prices continue to grow, albeit at a "much slower" pace, as well as signs that home prices may not have as much of a "wealth effect" as once thought by some analysts. Those factors may limit any downside impact on consumer spending, which Minehan expects to "moderate, not collapse." Meanwhile, "solid" global growth and robust U.S. productivity should support the expansion, as should business spending, she said. Regarding inflation, the Boston Fed President, who isn't a voting member of the Fed's rate-setting board this year, called recent trends "not very favorable." However, she said inflation expectations measures suggest financial markets agree with her baseline forecast that core inflation will "gradually subside" assuming stability in energy prices. Still, "a key risk is that inflation will continue to rise or persist at high levels and embed itself in consumer and business plans," Minehan said. "Managing that risk is clearly important, and a matter about which central banks need to be quite vigilant - as I believe the FOMC has been and will continue to be," she said. |
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billywows
Elite |
12-Sep-2006 00:30
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GREEN ..... at 12:28 am (4D?) | ||||||||||||||||||||
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billywows
Elite |
12-Sep-2006 00:20
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Dow & Nasdaq swimming up now ... ! Must be the OPEC effect! | ||||||||||||||||||||
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