| Latest Forum Topics / Others |
 Post Reply
|
|
DOW
|
|||
|
scotty
Senior |
04-Jun-2008 22:38
|
||
|
x 0
x 0 Alert Admin |
Dow rallying tonight. +40 points already | ||
| Useful To Me Not Useful To Me | |||
|
tanglinboy
Elite |
04-Jun-2008 21:47
Yells: "hello!" |
||
|
x 0
x 0 Alert Admin |
Dow up 11 points now Lower start seen for stocksU.S. markets wary ahead of reports on oil supply and services sector.NEW YORK (CNNMoney.com) -- U.S. stocks were set to open lower Wednesday and oil prices were down as investors focused on the services sector. With about an hour left before the opening bell, Dow, Nasdaq and S&P futures were lower. Stocks closed lower Tuesday on a dreary economic outlook from Federal Reserve Chairman Ben Bernanke and reports that Lehman Brothers (LEH, Fortune 500) will raise capital. Markets Oil prices fell below $124 a barrel overnight on the comments of Bernanke, who also indicated there will be no further interest rate cuts due to concern about inflation .This is far below the $135 peak in May. The markets await the government's weekly inventory report, due after the opening bell. Gasoline hit set a record high on Wednesday for the 27th time in 28 days, according to the motorist group AAA, rising to a nationwide average of $3.983 per gallon of regular unleaded. In his Tuesday speech, Bernanke voiced concern about the weak dollar, which might have helped with its slight boost against the euro. But the dollar slipped against the yen. Asian stocks ended mixed, with Tokyo's Nikkei index up 1.6%. European markets opened lower. Economy: Economic reports due Wednesday morning include a revised reading on first-quarter productivity before the market open. Economists surveyed by Briefing.com see a boost to a 2.5% gain from the originally reported 2.2% advance. Also on tap, after the open, is the Institute for Supply Management's report on the services sector. The index is expected to slip to 51 for May from April's 52. Any reading over 50 signals expansion in the sector. United Airlines: UAL Corp's United Airlines announced Wednesday it will ground 100 of its airplanes from its domestic fleet in a cost-cutting move. United said between 2008 and 2009, the company will reduce its domestic capacity by about 17% or 18% due to soaring fuel costs. Stock (UAUA, Fortune 500) Merger announcement: The J.M. Smucker Company (SJM), maker of jams and peanut butter, agreed to purchase Procter & Gamble's (PG, Fortune 500) Folgers coffee business for $2.95 billion. Smucker will offer a one-time $5 dividend to its shareholders, and Procter & Gamble stock owners will receive 53.5% of Smucker stock in a tax-free stock-for-stock merger. Hovnanian Enterprises: The New Jersey-based homebuilder posted its seventh straight quarterly loss, one that was 10 times greater than the one posted a year earlier. Stock (HOV, Fortune 500) Apple: The electronics maker has reached agreement with mobile provider Softbank to offer the iPhone in Japan for the first time, although no introduction date was announced. Stock (AAPL, Fortune 500) Standard & Poor's: The credit rating firm is working out a settlement with New York Attorney General Andrew Cuomo to change some of the business practices that have been blamed for sparking the subprime disaster, according to the AP. Cuomo has also been scrutinizing Fitch Ratings and Moody's (MCO) in the way they charge fees to bond issuers for their rating services without adequately warning them about investment risks.Election: The markets will also get the chance to react Sen. Barack Obama's clinching of the Democratic presidential nomination Tuesday night. Obama will face presumptive Republican nominee Sen. John McCain. |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
winsontkl
Elite |
04-Jun-2008 21:05
|
||
|
x 0
x 0 Alert Admin |
Will that be a positive boost to the market??? | ||
| Useful To Me Not Useful To Me | |||
|
jackjames
Elite |
04-Jun-2008 10:34
|
||
|
x 1
x 0 Alert Admin |
OBAMA WINS ! | ||
| Useful To Me Not Useful To Me | |||
|
AK_Francis
Supreme |
04-Jun-2008 10:25
Yells: "Happy go lucky, cheers." |
||
|
x 1
x 0 Alert Admin |
STI now got antitode leow, no more alergic to DJ, ha ha. | ||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
Hulumas
Supreme |
04-Jun-2008 10:20
Yells: "INVEST but not TRADE please!" |
||
|
x 0
x 0 Alert Admin |
As long as SGX daily total trading volume <1.8 billions worth of shares... It means Singapore stock market by itself is totally de-couple from US I suppose!!! | ||
| Useful To Me Not Useful To Me | |||
|
cyjjerry85
Elite |
04-Jun-2008 09:17
|
||
|
x 0
x 0 Alert Admin |
jux probably so tt we may be detaching away from the US markets...Asia market more dependent on self gradually | ||
| Useful To Me Not Useful To Me | |||
|
yipyip
Master |
04-Jun-2008 06:23
|
||
|
x 0
x 0 Alert Admin |
DOW closed 12402.85 -100.97 -0.81% Nasdaq closed 2480.48 -11.05 -0.44% US stocks lost ground on Tuesday after earlier gains as renewed jitters about the banking and finance sector hit investor sentiment, traders said. Stocks fell as US media reports suggested the investment bank Lehman Brothers may seek to raise fresh capital to shore up its balance sheet. |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
cashiertan
Elite |
04-Jun-2008 03:19
|
||
|
x 0
x 0 Alert Admin |
yes yes gg = good game. sorry for the jargon used. i learned it from my young trading students "unkowingly". |
||
| Useful To Me Not Useful To Me | |||
|
cashiertan
Elite |
04-Jun-2008 03:17
|
||
|
x 0
x 0 Alert Admin |
Hope DOW can make close abv the 26 may closing else can be gg to the recent recovery. | ||
| Useful To Me Not Useful To Me | |||
|
strike1147
Member |
03-Jun-2008 23:49
|
||
|
x 0
x 0 Alert Admin |
now is +22.33 hope close positive so able to unload some stuff |
||
| Useful To Me Not Useful To Me | |||
|
Kira...
Member |
03-Jun-2008 23:38
|
||
|
x 0
x 0 Alert Admin |
now is ...+26.29 | ||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
moogee
Member |
03-Jun-2008 23:12
|
||
|
x 0
x 0 Alert Admin |
DOW in green now, +13.27 | ||
| Useful To Me Not Useful To Me | |||
|
HLJHLJ
Veteran |
03-Jun-2008 09:18
|
||
|
x 0
x 0 Alert Admin |
At first, i thought gg=gong gong. Now i know it is good game. Market very slow... sleepy....No fun. | ||
| Useful To Me Not Useful To Me | |||
|
newbietrader
Member |
03-Jun-2008 08:23
|
||
|
x 0
x 0 Alert Admin |
Good Game I think | ||
| Useful To Me Not Useful To Me | |||
|
tanglinboy
Elite |
03-Jun-2008 07:53
Yells: "hello!" |
||
|
x 0
x 0 Alert Admin |
What's gg?
|
||
| Useful To Me Not Useful To Me | |||
|
cashiertan
Elite |
03-Jun-2008 02:47
|
||
|
x 0
x 0 Alert Admin |
DOw should do a rebound today or tomolo, if dun rebound = gg | ||
| Useful To Me Not Useful To Me | |||
|
AK_Francis
Supreme |
03-Jun-2008 01:23
Yells: "Happy go lucky, cheers." |
||
|
x 0
x 0 Alert Admin |
Polar bears on tracks leow. | ||
| Useful To Me Not Useful To Me | |||
|
strike1147
Member |
02-Jun-2008 22:47
|
||
|
x 0
x 0 Alert Admin |
DOW -149 now SGX tomolo crash if DOW not recover at closing DIE ,,,,,,,, |
||
| Useful To Me Not Useful To Me | |||
|
tanglinboy
Elite |
02-Jun-2008 22:21
Yells: "hello!" |
||
|
x 0
x 1 Alert Admin |
Dow at -116 points now. That's pretty bad. But Oil prices also crash tonight. |
||
| Useful To Me Not Useful To Me | |||