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STI to cross 3000 boosted by long-term investors
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JUNWEI9756
Supreme |
27-Jun-2013 23:13
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Tricky tricky.... Short big big to win.... | ||||
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srichipan
Master |
27-Jun-2013 23:00
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Your huat kueh really very good leh. lol
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Peter_Pan
Supreme |
27-Jun-2013 22:54
Yells: "did you order dunkin' donuts" |
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Green horns cannot wait to charge! lol !!
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LoveToInvest
Veteran |
27-Jun-2013 22:49
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The world bulls are dancing
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LoveToInvest
Veteran |
27-Jun-2013 22:42
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By Paige Gance
WASHINGTON (Reuters) - Contracts to purchase previously owned U.S. homes rose in May to the highest level in more than six years as buyers rushed to the market to lock in deals before interest rates climb higher. The National Association of Realtors said on Thursday its Pending Home Sales Index, based on contracts signed last month, increased 6.7 percent to 112.3, the highest level since December 2006. Economists polled by Reuters had expected signed contracts, which become sales after a month or two, to rise only 1.0 percent. The gain followed a 0.5 percent drop in April that was previously reported as a 0.3 percent gain. Compared to last year contracts were up 12.1 percent. "Even with limited choices, it appears some of the rise in contract signings could be from buyers wanting to take advantage of current affordability conditions before mortgage interest rates move higher," said NAR chief economist Lawrence Yun. Rates on U.S. home mortgages surged to the highest level in almost two years after the Federal Reserve laid out a plan to wind-down its stimulus program. The announcement incited a sell-off in the bond market that drove borrowing rates higher. Economists do not think the spike in mortgage rakes is sufficient to derail the housing market recovery, which has become a bright spot in the economy, buffering against fiscal austerity in Washington. The housing market has seen soaring home prices and tight supply. Contracts were up in the Midwest, South, and West and the Northeast was unchanged. (Reporting by Paige Gance Editing by Andrea Ricci) http://finance.yahoo.com/news/pending-home-sales-highest-more-140302250.html?l=1 |
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Peter_Pan
Supreme |
27-Jun-2013 22:39
Yells: "did you order dunkin' donuts" |
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The bulls are charging! | ||||
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StewardLittle
Member |
27-Jun-2013 22:23
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From Bloomberg, New York Fed President William C. Dudley and Atlanta Fed President Dennis Lockhart said that QE will not stop and interest rates will not rise until at least 2015. Good news? |
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GorgeousOng
Elite |
27-Jun-2013 22:22
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Dow 15000 again!Cheers!!!! | ||||
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risktaker
Supreme |
27-Jun-2013 22:20
Yells: "Sometimes you think you know, but in fact you dont" |
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Some penny will be short tmr.... | ||||
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GorgeousOng
Elite |
27-Jun-2013 21:58
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Stocks Open Higher After Jobless Claims Report
CNBC.com | June 27, 2013 | 09:39 AM EDT Stocks jumped at the open Thursday, with major average poised for a three-day rally, following the weekly jobless claims report and ahead of several Federal Reserve policymakers. (Read More: US Economy Could Grow 5% in Late 2014: Fund Manager ) The Dow Jones Industrial Average [ .DJI 15048.99 +138.85 (+0.93%) ] regained its footing above the psychologically-significant 15,000 level at the open, boosted by Boeing and Hewlett-Packard, looking to log its first three-day rally since late April. The S&P 500 [ .SPX 1616.66 +13.40 (+0.84%) ] and the Nasdaq [ .IXIC 3402.36 +26.13 (+0.77%) ] also climbed at the open. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, slid below 17. All key S&P sectors rose, led by telecoms and consumer staples. Upbeat economic data from China also helped bolster sentiment. Industrial profits unexpectedly rose 15 percent in May year-on-year, defying expectations of a slowdown. Japan's Nikkei rallied nearly 3 percent, logging its biggest percentage gain in 13 sessions, while the Shanghai Composite Index finished flat. |
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GorgeousOng
Elite |
27-Jun-2013 21:46
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Yah!Handsome with wisdom n power men!!!!🙈 🙉 🙊
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LoveToInvest
Veteran |
27-Jun-2013 21:40
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Handsome Ben ok?
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GorgeousOng
Elite |
27-Jun-2013 21:18
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Oh Cheers to my American idol...Ah Ben!!!!( pls dont call him botak Ben ok.. I will very angry with you hor!!!） 🙈 🙉 🙊 🙊 🙉 🙈
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LoveToInvest
Veteran |
27-Jun-2013 21:06
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WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell slightly last week in line with the recent moderate pace of jobs growth.
Initial claims for state unemployment benefits dropped 9,000 to a seasonally adjusted 346,000, the Labor Department said on Thursday. Claims for the previous week were revised to show 1,000 more applications than previously reported. Economists polled by Reuters had expected first-time applications to fall to 345,000 last week. The four-week moving average for new claims, which irons out week-to-week volatility, fell 2,750 to 345,750. A Labor Department analyst said no states had been estimated and there were no special factors in the state data. Employers added 175,000 new jobs to their payrolls last month, with the unemployment rate ticking up a tenth of a percentage point to 7.6 percent. Job gains have averaged 172,000 over the last 12 months. The Federal Reserve, which has been closely monitoring the labor market, said after its policy-setting meeting last week downside risks to the outlook for the jobs market had diminished since the fall. Fed Chairman Ben Bernanke said the central bank could trim the $85 billion in bonds it has been buying each month to keep interest rates low and bolster the economy sometime later this year and likely bring the program to a close by mid-2014. The claims report showed the number of people still receiving benefits under regular state programs after an initial week of aid fell 1,000 to 2.965 million in the week ended June 15. (Reporting by Doug Palmer Editing by Andrea Ricci) http://finance.yahoo.com/news/jobless-claims-fall-346-000-123245911.html?l=1 |
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LoveToInvest
Veteran |
27-Jun-2013 21:03
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WASHINGTON (Reuters) - Consumer spending rebounded and incomes recorded their largest increase in three months in May, adding to data that have suggested the economy has shifted to firmer ground.
The Commerce Department said on Thursday consumer spending increased 0.3 percent last month after a revised 0.3 percent drop in April. Consumer spending in April was previously reported to have declined 0.2 percent. Last month's spending increase was in line with economists' expectations. When adjusted for inflation, consumer spending rose 0.2 percent last month after dipping 0.1 percent in April. Consumer spending accounts for 70 percent of U.S. economic activity. Though the pace of spending has slowed from the 2.6 percent rate notched in the first three months of the year, consumers will likely continue to drive growth in the second quarter. Recent data, including housing, regional factory activity, business spending plans and consumer confidence, have pointed to an economy that is regaining some speed after stumbling early in the second quarter. That is broadly supportive of Federal Reserve's view last week that the downside risks to the economy's outlook have waned. That theme held as other details of the Commerce Department report showed income grew 0.5 percent last month, the largest gain since February, after nudging up 0.1 percent in April. That reflects a steady pace of job gains. There was also a bit of inflation in the economy last month, pointing to some pick-up in demand. A price index for consumer spending inched up 0.1 percent in May after declining two straight months. A core reading that strips out food and energy costs also rose 0.1 percent after being flat in April. Over the past 12 months, inflation rose 1 percent, still below the Fed's 2 percent target. The index had increased only 0.7 percent in the period through April. Core prices were up 1.1 percent from a year ago after rising by the same margin in April. (Reporting by Lucia Mutikani Editing by Neil Stempleman) http://finance.yahoo.com/news/consumer-spending-rebounds-income-jumps-123513129.html?l=1
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LoveToInvest
Veteran |
27-Jun-2013 20:58
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Tomorow we join in the fun regardless market up or down ... Peter Pan our Huat kueh CEO
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Dividend_Warrior
Senior |
27-Jun-2013 20:47
Yells: "I am getting $1100 per month in dividends :)" |
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I like to eat Huat Kueh too!!!
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LoveToInvest
Veteran |
27-Jun-2013 20:45
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Hot hot Huat kueh send to U.S too especially to Ben Bernake Kaki will be giving speech later...
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Peter_Pan
Supreme |
27-Jun-2013 20:40
Yells: "did you order dunkin' donuts" |
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Yah!! Sent a lot over liao!! Very hot and fresh!!!
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Peter_Pan
Supreme |
27-Jun-2013 20:38
Yells: "did you order dunkin' donuts" |
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Long queues man!!! Hotter than Hello Kitty!!!!!
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