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STI to cross 3000 boosted by long-term investors
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johnng
Veteran |
17-Jul-2013 10:14
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watch out for GMG | ||||
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Octavia
Elite |
17-Jul-2013 09:30
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Bernake is expected to keep to his recent statements about prolonging the bond purchases for the foreseeable future despite Kansas Fed President Esther George remarks that cuts to the quantitative easing program are appropriate as the economy is picking up steam. The STI is expected to reverse course after its recent run-up, weighed by weaker-than-expected Jun non-oil domestic exports aand overbought technical indicators. Suupport is seen at 3,200 with overhead resistance at 3,260. |
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Tempest
Senior |
17-Jul-2013 09:05
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Only the brave warriors will win this round! Loading in process | ||||
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Tempest
Senior |
17-Jul-2013 08:49
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Prepare to loot the pennies today! | ||||
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LoveToInvest
Veteran |
17-Jul-2013 07:54
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If everyone don't hedge against it, the impact will be very great and either bulls n bears who bought at high will be trap again n again..Let's be neutral to minimize profit n lost!!!
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LoveToInvest
Veteran |
17-Jul-2013 07:50
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Especially trading pennies,need to cover here n there and need to set exit n entry at different price again n again... Not only bulls for pennies but also bears..
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LoveToInvest
Veteran |
17-Jul-2013 07:45
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too tired to be bulls.
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tanglinboy
Elite |
17-Jul-2013 07:38
Yells: "hello!" |
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Bulls need a break now and then.. | ||||
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LoveToInvest
Veteran |
17-Jul-2013 06:52
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人 有 两 变 。 哪 两 变 ? | ||||
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GorgeousOng
Elite |
17-Jul-2013 05:58
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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仁 者 不 忧 , 知 者 不 惑 , 勇 者 不 惧
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LoveToInvest
Veteran |
17-Jul-2013 05:06
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己 人 忧 天
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LoveToInvest
Veteran |
17-Jul-2013 05:04
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NEW YORK (Reuters) - Stocks eased in low volume on Tuesday, with the S&P 500 snapping its eight-day winning streak after disappointing sales from Coca-Cola (KO). Investors turned cautious on the day before the Federal Reserve chairman's congressional testimony.
The Dow Jones industrial average (^DJI) was down 32.33 points, or 0.21 percent, to end unofficially at 15,451.93. The Standard & Poor's 500 Index (^GSPC) was down 6.25 points, or 0.37 percent, to finish unofficially at 1,676.25. The Nasdaq Composite Index (^IXIC) was down 8.99 points, or 0.25 percent, to close unofficially at 3,598.50. (Reporting by Ryan Vlastelica Editing by Jan Paschal) http://finance.yahoo.com/news/stock-futures-little-changed-ahead-112847934.html?l=1 |
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LoveToInvest
Veteran |
17-Jul-2013 04:55
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一 十 二 鸟 ,
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LoveToInvest
Veteran |
17-Jul-2013 04:48
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These should be a piece of good news for U.S recovery
Industrial Output in U.S. Rises by Most in Four Months Industrial Production in U.S. Rises by Most in Four Months Assembly lines in the U.S. churned out more automobiles and computers in June, pointing to a rebound in manufacturing that will help the world’s largest economy strengthen in the second half of 2013. Output at factories, mines and utilities climbed 0.3 percent, the biggest advance since February, after being little changed in May, according to Federal Reserve data issued today in Washington. Another report showed homebuilders this month were the most confident in seven years. Lean inventories and improving car sales are helping overcome softer overseas markets and the effects of broad federal budget cuts and higher taxes. Other government figures today signaled inflation picked up in June toward the Federal Reserve’s goal, giving policy makers room to trim record stimulus later this year. “Housing is definitely moving forward, manufacturing is picking up a little more momentum, and we’re not on a path of deflation,” said Stuart Hoffman, chief economist at PNC Financial Services Group Inc. in Pittsburgh, the second-best production forecaster over the past two years, according to data compiled by Bloomberg. “I see this as a sign of some strength as we ended the second quarter. All of this feeds into thinking that the Fed will start to taper.” Stocks fell, halting the longest rally in the Standard & Poor’s 500 Index since January, as Coca-Cola Co.’s profit dropped and a Fed official called for cuts to stimulus. The Standard & Poor’s 500 Index dropped 0.4 percent to 1,676.26 at the close in New York. Survey Results The gain in production matched the median forecast of 86 economists surveyed by Bloomberg. Estimates ranged from drop of 0.2 percent to a 0.7 percent increase. Homebuilder confidence rose in July to the highest level since January 2006 as companies grew more upbeat about sales prospects, according to figures from the National Association of Home Builders/Wells Fargo. The group’s sentiment index climbed to 57 from 51 in June. The reading surpassed all but one forecast in a Bloomberg survey of 49 economists. The gauge has climbed 13 points in two months, the biggest back-to-back advance since January-February 1992. “You’re seeing a significant pickup in demand for new residential dwellings,” said Brian Jones, senior U.S. economist at Societe Generale in New York. His forecast of 55 was the most accurate in the Bloomberg survey. “Mortgage rates are moving higher and pulling people in. And I think that in general, the economy is getting better.” Prices Rise The cost of living rose in June by the most in four months as gasoline prices climbed, figures from the Labor Department also showed today. The consumer-price index increased 0.5 percent after a 0.1 percent gain in May. The median forecast in a Bloomberg survey called for a 0.3 percent rise. Excluding food and energy, prices climbed 0.2 percent for a second month. Some Fed policy makers, including St. Louis Fed President James Bullard, have expressed concern inflation is too low, raising the risk of an outright decline in prices that would sap the recovery. Price readings closer to the Fed’s goal will give the central bank the flexibility to move forward later this year with reductions in its $85 billion in monthly asset purchases designed to stoke the economy. Fed Bank of Kansas City President Esther George today said the U.S. was on the “right path” for economic recovery and that cuts in the pace of stimulus are “appropriate.” George, speaking on Fox Business Network, also said inflation appears to be “moderate” and the benchmark interest rate should not be held too low for too long. Prices Climb Consumer prices increased 1.8 percent in the 12 months through June, more than projected and up from a 1.4 percent year-over-year gain the prior month, the Labor Department’s report showed. “A little more inflation, from the Fed’s point of view and the economy’s point of view, is actually desirable as long as it doesn’t go too far,” said PNC’s Hoffman. “It’s sort of a welcome note that we’re not headed down a path to deflation.” Manufacturing production, which accounts for about 75 percent of total output, increased 0.3 percent in June, the most in four months, today’s Fed data showed. It followed a 0.2 percent gain in May that was larger than previously estimated. Economists projected a 0.2 percent increase for June, according to the Bloomberg survey median. Production among technology industries, including computers and semiconductors, increased 1.2 percent in June after advancing 2.3 percent in each of the prior two months. Capital Spending The gains indicate American companies are beginning to boost capital investments as they look past the specter of sequestration and global growth risks. Spending on information technology is up 4 percent this year compared with 2 percent last year, according to the median in a survey of 203 businesses by Computer Economics, a research company in Irvine, California -- helping businesses such as Microsoft Corp. Applied Materials Inc., the largest seller of machinery used in the production of semiconductors and flat-screen displays, expects industry spending to pick up next year as chipmakers boost output to meet demand for mobile-device parts. Competition among smartphone providers is driving demand for more advanced parts and improvement in the machines that make them, Chief Executive Officer Mike Splinter said at a July 8 analyst briefing in San Francisco. The Fed’s report today also showed motor vehicle production rose 1.3 percent in June following a 0.5 percent increase the month before. Auto Sales The automobile industry has been a bright spot for the economy, with the vehicle sales rate surging to 15.9 million in June, its best monthly pace since November 2007, according to data from Ward’s Automotive Group. The industry is not doing as well overseas. Car sales in Europe slumped to a two-decade low in June, the European Automobile Manufacturers’ Association said today. Combined with other data showing German investor confidence unexpectedly dropped in July and euro-area exports fell in May for a second month, the figures added to signs the region is struggling to emerge from recession. Slower-growing foreign markets may still temporarily crimp export-related activity at U.S. factories. The International Monetary Fund projects China’s growth will be 7.8 percent in 2013, down from an 8 percent April forecast, and the 17-country euro area will shrink 0.6 percent as the economies of France, Italy and Spain contract. Export Markets Alcoa Inc., the largest U.S. aluminum producer, reported second-quarter adjusted earnings that beat analysts’ estimates after a better-than-expected performance at its unit that supplies components to aerospace and power companies. The New York-based company expects “continued pressure on prices and demand in North American industrial products and European industrial products,” while auto demand is expected to remain strong, Chief Financial Officer William Oplinger said in a July 8 conference call. “The economy in general is recovering slowly, with different speeds in Europe as well as in the U.S.” A regional report yesterday showed manufacturing in the U.S. extended gains into July. The Federal Reserve Bank of New York’s general economic index climbed to 9.5, the highest since February, from 7.8 in June. Readings greater than zero signal expansion in the index, which covers New York, northern New Jersey and southern Connecticut. To contact the reporter on this story: Victoria Stilwell in Washington at vstilwell1@bloomberg.net To contact the editor responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net
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LoveToInvest
Veteran |
17-Jul-2013 00:39
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Once activated, I will go on n on till u are dead
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LoveToInvest
Veteran |
17-Jul-2013 00:37
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Tomorow shortist be very careful on pennies......A rebound symptom prolong.......look like pennies already cast off from wharves waiting for the captains to steer to location before making a U-turn... Beware of BB's surprise launching of missile.
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Tempest
Senior |
16-Jul-2013 23:44
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Penny stocks will rise again tmr! Don't miss the boat guys!! Vested today Wahahaha | ||||
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hlfoo2010
Veteran |
16-Jul-2013 23:19
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Tommorow will see whether a crown  appear ? |
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LoveToInvest
Veteran |
16-Jul-2013 19:56
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Stimulus program will not wind down
That's for sure Not even September By Marc Jones LONDON (Reuters) - European markets traded in narrow ranges early on Tuesday as investors shied away from major moves ahead of inflation and German confidence data and awaited further clues on U.S. monetary stimulus. The broad FTSEurofirst 300 (.FTEU3) share index inched up 0.1 percent and the euro was firm at $1.3070. Markets readied for UK and euro zone inflation figures at 0830 and 0900 GMT and what is expected to be a third straight improvement in the ZEW German sentiment indicator at 0900 GMT. Federal Reserve Chairman Ben Bernanke's twice-yearly monetary policy report to Congress on Wednesday and Thursday was set to offer more clues on the U.S. central bank's policy as it looks to wind down its stimulus program. |
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gufeng88
Senior |
16-Jul-2013 19:21
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Short sell orders executed
on 16 July 2013 |
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