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STI to cross 3000 boosted by long-term investors
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yummygd
Supreme |
15-May-2013 07:03
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Just let my pennies start running
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Peter_Pan
Supreme |
15-May-2013 07:03
Yells: "did you order dunkin' donuts" |
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This is a good year for stocks. | ||||
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hlfoo2010
Veteran |
15-May-2013 07:02
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  ARE THE 菲 律 宾 舰 艇 HIDE IN RAT HOLES ???? http://www.youtube.com/watch?v=6GZjv1yuu3o |
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gavinl
Elite |
15-May-2013 06:26
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Is gonna be a good day. :) | ||||
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Peter_Pan
Supreme |
15-May-2013 01:27
Yells: "did you order dunkin' donuts" |
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U.S. Stocks Advance on Increased Optimism Over Economy
May 14 (Bloomberg) -- U.S. stocks rose, with the Standard & Poor’s 500 Index headed for its eighth record high in the past nine sessions, on increased optimism over growth in the world’s largest economy. Financial shares climbed the most among 10 S&P 500 industry as hedge-fund manager David Tepper called U.S. banks “a good sector.” Bank of America Corp. and Citigroup Inc. rose more than 2.2 percent. Take-Two Interactive Software Inc. rallied 4.3 percent after the publisher of the “Grand Theft Auto” video games reported profit that beat analyst estimates. Philadelphia Fed President Charles Plosser The S&P 500 advanced 0.9 percent to 1,648.08 at 12:45 p.m. in New York. The Dow Jones Industrial Average gained 89.38 points, or 0.6 percent, to 15,181.06. Trading of S&P 500 stocks was 2.6 percent below the 30-day average at this time of day. “There’s an encouraging pattern of continued growth in the economic data,” Alan Gayle, a senior strategist at RidgeWorth Capital Management, which oversees about $48 billion of assets, said in a phone interview. “What is helping the market is the belief that downside risks to stocks are limited right now.” Confidence among small businesses climbed in April to a six-month high as the outlook for the economy and sales brightened, the National Federation of Independent Business’s optimism index showed today. Still Bullish Tepper, co-founder and owner of Appaloosa Management LP, said in an interview on CNBC that he is still bullish and the economy is getting better. Tepper, who led Institutional Investor’s ranking of the top earners in hedge funds last year with $2.2 billion, said in January in a Bloomberg Television interview that the U.S. “is on the verge of an explosion of greatness.” Equity futures slumped earlier as JPMorgan Chase & Co. reduced its second-quarter growth forecast for the Chinese economy to 7.8 percent from 8 percent and the full-year estimate to 7.6 percent from 7.8 percent. It cited weak domestic demand suggested by April data, after reports yesterday showed China’s fixed-asset investment unexpectedly decelerated last month while industrial output trailed estimates. Money managers are the most bearish on commodities in more than four years as a majority expected a weaker Chinese economy for the first time in 14 months, a Bank of America survey showed. A net 29 percent of the fund managers surveyed were underweight the asset class in May as their positions “collapsed” to the lowest level since December 2008. One in four now consider a “hard landing” in China as the biggest risk to their investments. The bank surveyed professional investors who together oversee $517 billion. ‘Marked Uptick’ “There has been a marked uptick” in concern about China, said John Bilton, an investment strategist at Bank of America’s Merrill Lynch unit, at a press conference in London today. “A hard landing is not our core scenario, but certainly investors are right to start thinking they should at least hedge some of that tail risk.” The U.S. bull market has entered its fifth year. The S&P 500 has surged 144 percent from a 12-year low in 2009, driven by better-than-estimated corporate earnings and three rounds of bond purchases from the Federal Reserve. The Chicago Board Options Exchange Volatility Index, or VIX, rose 2.4 percent to 12.85. The benchmark gauge for options, which moves in the opposite direction to the S&P 500 about 80 percent of the time, has fallen 29 percent this year. The S&P 500 has only fallen 3 times in the past 18 days and is up 3.2 percent in May, heading for the seventh straight month of gains. Banks Rally Financial shares climbed 1.4 percent as a group. Bank of America added 2.9 percent to $13.35 for the biggest increase in the Dow. Citigroup increased 2.2 percent to $49.98. Tepper said his firm still owns stock of Citigroup and other U.S. banks. “We have a certain amount of the U.S. banks, which are a good sector,” he told CNBC. Take-Two jumped 4.3 percent to $17.10. Profit excluding some items was 38 cents a share in the fourth quarter, topping the 23-cent average estimate compiled by Bloomberg, as digital sales almost tripled. Edwards Lifesciences Corp. advanced 6.2 percent to $71.50. The biggest maker of aortic heart valves implanted with a catheter announced a $750 million share-buyback program. Chief Financial Officer Thomas M. Abate plans to retire, the company also said. Fusion-io Inc. climbed 4.6 percent to $15.18 as UBS AG raised its rating on the maker of data storage to buy from neutral. The stock’s drop after the company’s co-founder and chief executive officer resigned last week was overdone, according to UBS analysts led by Steven Milunovich. SolarCity Corp. slid 4.9 percent to $34.13. The second-largest U.S. solar company by market value posted a first-quarter loss as it bore higher costs from installing rooftop solar systems at little or no charge to customers. |
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Peter_Pan
Supreme |
14-May-2013 22:45
Yells: "did you order dunkin' donuts" |
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New era of bull markets, well done! | ||||
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gufeng88
Senior |
14-May-2013 20:45
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Short sell orders executed on 14 May 2013
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kelvinLim123
Master |
14-May-2013 18:21
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U are wise, why bother to vest in this s-chip also know as stupid chip, i loos money here. we have so many to choose, our local chip. I buy them , i do not need to see, and go jogging and play golf, no worry. give them a miss, or they will give you the miss.
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kelvinLim123
Master |
14-May-2013 17:39
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ozone2002
Supreme |
14-May-2013 16:58
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In 2013, Echo of 1995 Rally Dares Bulls to DreamBy Michael Santoli | Michael Santoli  –  Fri, May 10, 2013 11:33 AM EDTJust naming certain years in market history can tell a dramatic story: 1929 and 1987 denote generation-defining crashes, 1999 is code for easy-riches mania, 2008 for financial-system collapse.
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halleluyah
Elite |
14-May-2013 14:25
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Tks bro Octavia....I tot u  " kun" liao....zzzZZZ....lol.
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Octavia
Elite |
14-May-2013 13:48
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Heard on TV some days ago that some  big chinese  companies listed in HS were found to have some finanical irregularities.  That is why you see the market has no strength. It would not be surprised to see similar discovery here  some  day.If you see my postings I now very scared of  s-chips unless it is very compelling otherwise  I will do it at very short term basis only.
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halleluyah
Elite |
14-May-2013 13:19
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Is HSI starting to go away in May?? | ||||
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hlfoo2010
Veteran |
14-May-2013 08:38
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  Straits Trading accepts higher takeover bid for car dealer WBL IS She also b.......,  i think she will come back  ?????
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gufeng88
Senior |
13-May-2013 22:49
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Short sell orders executed on 13 May 2013
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halleluyah
Elite |
13-May-2013 17:55
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Love all yr picture postings.....vry cute.
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Octavia
Elite |
13-May-2013 17:49
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You are so rite...lol
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halleluyah
Elite |
13-May-2013 17:41
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Do not waste.....keep some for the coming days.....incase got a bad diarrhea....lol. 
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GorgeousOng
Elite |
13-May-2013 17:18
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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@iPunter, hahaaa all market eat too much asam laksa....lao sai al.ready !!! Any prescription for lao sai??? Hahaaa!!! | ||||
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wangerism
Veteran |
13-May-2013 17:11
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sell down but low vol. so not as bad...   |
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