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lookcc
Master

25-Apr-2008 22:20

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enjoy ur beer n gathering....Cheers.

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AK_Francis
Supreme

25-Apr-2008 22:17

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Yells: "Happy go lucky, cheers."

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Mat Selamat, DJ now green only 6.8 ah. Ah yah, today is TGIF, go down kopi thiam to meet fr for some cold beer leow. See you all folks.

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LilyLi
Member

25-Apr-2008 21:59

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I can see tat McDonalds and Walmart are steadily leading DOW. Maybe after 2nite, I can spot more. If any1 does, pl share, OK?

LilyLi ( Date: 24-Apr-2008 09:42) Posted:

Yes, hope we can help each other to huat huat........I'm now looking for a pack of strong leaders to emerge. Once we can identify the leaders, the DOW/S&P rally will be in place.But we have to be careful abt the DOW cuz it's too financially over-weighted and so one can miss the emerging leaders.

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lookcc
Master

25-Apr-2008 21:51

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10-yr bond yield up....ppl sell bond tt's why yield up n ppl sell bond 2 go into equities, amongst others...optimism in equities back again.

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AK_Francis
Supreme

25-Apr-2008 18:45

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Yells: "Happy go lucky, cheers."

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Well said. Thus why EU all green now. DJ shouldn't fail us already, tonite gonna be a good show leow. Cheers.

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cyjjerry85
Elite

25-Apr-2008 17:16

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Stocks set to push higher

Futures rise as dollar gains strength and crude prices sink; Microsoft results disappoint investors.

LONDON (CNNMoney.com) -- Stock futures rose Friday as sliding crude prices and a stronger dollar helped investors maintain momentum from the previous session's rally.

At 4:55 a.m. ET, Nasdaq and S&P futures were higher and hinting at a positive start for Wall Street.

Stocks rose Thursday, lifted by strong earnings from automaker Ford and a sharp drop in crude prices.

Oil kept sliding Friday, with a barrel of light, sweet crude falling below $115 a barrel in electronic trading. Crude prices, which neared $120 a barrel earlier this week, have fallen as the dollar has gained ground against major currencies.

Companies to watch include Microsoft (MSFT, Fortune 500), which reported a drop in profit that still managed to top expectations. The company issued an upbeat forecast, but investors expressed disappointment with the results and shares fell 5% in after-hours trading.In global trade, Japan stocks rallied, led by financial stocks. European shares rose in early trading.

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mirage
Veteran

25-Apr-2008 08:49

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Market Overview

Market Summary USAAMERICASEUROPEASIACURRENCIES

Major Market Indexes
Industry Indexes
International Indexes
Sector Performance
Rates

*DJIA*	*12,848.95*	*+85.73*	*+0.67%*

*Nasdaq*	*2,428.92*	*+23.71*	*+0.99%*

*S&P 500*	*1,388.82*	*+8.89*	*+0.64%*

Dow Util	512.96	-3.39	-0.66%

NYSE	9,250.22	+12.93	+0.14%

AMEX	2,321.20	-22.89	-0.98%

Russell 2000	717.07	+8.96	+1.27%

Semcond	391.43	+5.60	+1.45%

Gold future	889.40	-19.60	-2.16%

30-Year Bond	4.54%	+0.06	+1.32%

10-Year Bond	3.83%	+0.10	+2.60%

Market Diaries

Issues:	NYSE	Nasdaq

Advancing	1,995	1,855

Declining	1,146	1,023

Unchanged	85	140

Total:	3,226	3,018

Issues at:

52-Week High	27	18

52-Week Low	15	59

Volume:

Advancing	947,700,000	1,656,954,000

Declining	493,655,000	647,349,000

Unchanged	9,798,000	-2,281,109,000

Total:	1,451,153,000	23,194,000

4/24/2008 8:00:00 PM

Market Screener NYSENASDAQAMEXOTC

Most Active by Volume on 4/24/2008
Symbol	Last	Change	Volume

F	8.40	+0.880	241.78M

C	25.76	+1.130	85.51M

IWM	71.23	+0.680	83.23M

GE	32.81	+0.450	54.57M

WM	12.16	+1.120	52.67M

EMC	15.56	-0.330	43.65M

BAC	37.87	+1.010	39.74M

PFE	20.04	+0.160	39.12M

ABK	3.76	+0.300	38.87M

NCC	6.31	+0.350	38.03M

Add symbols to My Portfolio		More...

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cyjjerry85
Elite

25-Apr-2008 07:54

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looking at last night's performance from the DOW market...we actually ventured past the 12900 territory! and eventually closed above the 200MA...moreover last night we saw it go down to more than -50points red before springing back to the 100+ region to close positively +85.73 points

From Yahoo:

Day's Range:12,706.63 - 12,942.26 Chart

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cyjjerry85
Elite

25-Apr-2008 07:39

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Big advance on Wall Street

Microsoft gives rosy outlook

Tax rebates to start arriving Monday

Big advance on Wall Street

Stocks surge as investors welcome falling oil and gold prices, a stronger dollar and strong earnings from Ford and others.

Tax rebates to start arriving Monday

Treasury Department says it will deposit the first 800,000 rebates - five days earlier than expected - in effort to boost economy.

Microsoft gives rosy outlook

Software giant tops earnings forecasts, offers upbeat guidance for 2009 and no news on Yahoo bid; stock falls after-hours.

the above are from CNN Money

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LilyLi
Member

24-Apr-2008 09:42

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AK_Francis
Supreme

24-Apr-2008 09:28

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Yells: "Happy go lucky, cheers."

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Sometimes, really dun understand how DJ moves. GE profit down, it toppled. Now, GM and Orange profit shrinked, it went up, though not much. May it was dampered by news of merger of two insurance coys and Boeing profit climbed. But be careful this air craft maker, many countries, including Spore, are going to appeal for compensation owing to delay delivary of the ordered Dreamliner. Ha could be extra money for SIA, hence watch out loh.

mirage ( Date: 24-Apr-2008 09:19) Posted:

Hi LilyLi,

We are here to help one another prosper, to make some $$$$$$, to cope up with inflation.

Regards, Mirage

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mirage
Veteran

24-Apr-2008 09:19

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Hi LilyLi,

We are here to help one another prosper, to make some $$$$$$, to cope up with inflation.

Regards, Mirage

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LilyLi
Member

24-Apr-2008 09:08

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Hi Mirage & cyjjerry85

Thanks a million to both of U for such excellent updates on DOW.

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mirage
Veteran

24-Apr-2008 08:45

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Market Summary USAAMERICASEUROPEASIACURRENCIES

Major Market Indexes
Industry Indexes
International Indexes
Sector Performance
Rates

*DJIA*	*12,763.22*	*+42.99*	*+0.34%*

*Nasdaq*	*2,405.21*	*+28.27*	*+1.19%*

*S&P 500*	*1,379.93*	*+3.99*	*+0.29%*

Dow Util	516.35	+4.46	+0.87%

NYSE	9,237.29	+9.32	+0.10%

AMEX	2,344.09	-8.76	-0.37%

Russell 2000	708.11	+4.40	+0.63%

Semcond	385.83	+15.25	+4.12%

Gold future	909.00	-16.20	-1.75%

30-Year Bond	4.49%	+0.01	+0.22%

10-Year Bond	3.73%	+0.01	+0.27%

Market Diaries

Issues:	NYSE	Nasdaq

Advancing	1,642	1,571

Declining	1,472	1,320

Unchanged	107	156

Total:	3,221	3,047

Issues at:

52-Week High	21	7

52-Week Low	41	73

Volume:

Advancing	628,496,000	1,550,566,000

Declining	695,473,000	534,464,000

Unchanged	27,754,000	47,916,000

Total:	1,351,723,000	2,132,946,000

4/23/2008 7:59:00 PM

Market Screener NYSENASDAQAMEXOTC

Most Active by Volume on 4/23/2008
Symbol	Last	Change	Volume

F	7.52	-0.130	83.82M

ABK	3.46	-2.570	70.73M

C	24.63	-0.490	68.73M

NCC	5.96	-0.300	57.96M

EMC	15.89	+0.300	57.66M

S	7.67	+0.620	57.05M

PFE	19.88	+0.090	53.37M

IWM	70.55	+0.050	48.06M

GE	32.36	+0.030	41.88M

MOT	9.55	+0.400	34.55M

Add symbols to My Portfolio		More...

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cyjjerry85
Elite

24-Apr-2008 07:54

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Stocks close higher on boost from Boeing, tech

Wall Street rises at the end of mixed day as investors welcome stronger-than-expected earnings.

NEW YORK (CNNMoney.com) -- Stocks closed higher Wednesday as investors began to embrace first-quarter earnings reports, cheering Boeing's better-than-expected results and anticipating more good news from the tech sector.

The Dow Jones industrial average (INDU) rose 43 points, or 0.3%. The broader Standard & Poor's 500 (SPX) gained 0.3%. The tech-laden Nasdaq composite (COMP) rose 1.2%.

"People are really focused on the earnings season so far and that seems to be what's been driving the market's back and forth moves," said Barrett Capital Management Chief Information Officer Russell Lundeberg, Jr.

"Overall the sentiment is probably that people have priced in a little too much pessimism, as things are turning out not to be as bad as people feared," he added.

After the bell and before Thursday's opening bell, 213 companies were set to report their earnings.

Leading the pack was computer and consumer electronics maker Apple (AAPL, Fortune 500), which reported profit and sales that beat Wall Street estimates, but offered guidance that disappointed investors. The tech's stock fell in after-hours trading.

Similarly, Internet retailer Amazon.com (AMZN, Fortune 500) posted impressive earnings but lowered its full-year guidance, sending its stock lower after the bell.

And telecom company Qualcomm (QCOM, Fortune 500) impressed investors with its profit and revenue. But even though it raised its guidance for the current quarter, shares were trading down in after-hours trading.

"Investors are still waiting to get a solid feel for what the fundamentals of the market are," said Lundeberg. "It's important for people to realize what happened within the various sectors in the first quarter, and if there is any spillover from credit markets."

Traders will also get a look at durable goods orders and initial jobless claims figures before the bell Thursday.

Earnings news. Dow component Boeing (BA, Fortune 500) said profit rose 38% in the first quarter to $1.2 billion. Additionally, the company said its backlog of orders grew to a record of $346 billion. Boeing's stock rose over 3.5%, making up two-thirds of the Dow's gains Wednesday.

Meanwhile, UPS reported a 7.5% increase in first-quarter profit but warned that it expects the U.S. economy to remain weak during the second quarter.

Shares of Ambac Financial Group (ABK) fell nearly 43% after the bond insurer reported a $1.66 billion first-quarter loss on hefty charges related to mortgage-backed bonds. The company also said it has stopped underwriting insurance on some debt.

Drugmaker Schering-Plough (SGP, Fortune 500) said first-quarter earnings rose about 6%. The company's results were hindered by a $23 million charge related to an acquisition and $688 million in accounting adjustments.

Technology stocks. Yahoo reported stronger-than-expected first-quarter earnings after the closing bell Tuesday.

Despite the upbeat earnings, Yahoo (YHOO, Fortune 500) shares fell nearly 2% as investors await the company's response to Microsoft's (MSFT, Fortune 500) unsolicited buyout offer. Yahoo has until Saturday to accept Microsoft's bid or face a proxy fight.

However, Bloomberg reported Wednesday afternoon that Microsoft CEO Steve Ballmer does not plan to raise his $46 billion offer for Yahoo.

Investors view the technology sector favorably since it is more "outward facing," said Art Hogan, chief market analyst at Jefferies & Co. Given the difficulties facing the U.S. economy, companies with access to overseas markets have a huge advantage.

"Technology companies are on the leading edge of being able to garner revenue from overseas," Hogan said.

Auto sales. Toyota has taken the global sales leader title from General Motors (GM, Fortune 500) for the first quarter.

Toyota (TM) said sales increased 2.7% to 2.41 million vehicles in the first quarter. Meanwhile, GM's sales decreased less than 1% to 2.25 million in the same time frame.

Despite the news, shares of GM rose more than 2% Wednesday.

Airline woes. Record high fuel prices have battered the airline industry and resulted in steep quarterly losses for some carriers Wednesday.

Delta Airlines (DAL, Fortune 500) said soaring fuel prices eroded its market value and led to a staggering $6.4 billion loss in the first quarter. The airline said the loss is equivalent to $16.15 a share and was due largely to a non-cash charge of $6.1 billion.

At the same time, Northwest Airlines (NWA, Fortune 500) reported a $4.14 billion first-quarter loss, or $15.78 per share, mostly because of $3.9 billion charge related to rising fuel prices and the company's declining share price.

Last week, Northwest agreed to combine with Delta to create the world's largest carrier.

Both airlines said sales in the first quarter rose.

Deal news. Privately held insurance company Liberty Mutual has offered about $ 6.2 billion to buy Safeco Corp.

The deal, which represents a 51% premium to Safeco's closing price on Tuesday, would create the country's fifth-largest property and casualty insurer. (full story)

Safeco's (SAF, Fortune 500) stock rose nearly 46% on the news.

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Naproxen
Veteran

23-Apr-2008 21:38

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Coming down slowly. + 12 now.

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singaporegal
Supreme

23-Apr-2008 21:36

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Yells: "Female TA nut"

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Dow is up 49 points now!

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cyjjerry85
Elite

23-Apr-2008 20:48

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Earnings woes weigh on futures

Big losses at Delta, Ambac offset upbeat results from Boeing and Yahoo; more earnings on deck.

NEW YORK (CNNMoney.com) -- Stocks futures turned lower Wednesday as bigger-than-expected losses from both Delta Air Lines and the bond insurer Ambac rattled investors.

Less than two hours before the start of trading, Nasdaq and S&P futures were lower, suggesting a negative start for stocks.

Weighing on investor sentiment were results from Delta (DAL, Fortune 500). The airline blamed exorbitant fuel prices for its massive first-quarter loss of $6.4 billion.

Ambac Financial Group (ABK) also reported a $1.66 billion loss, as it stopped underwriting risky bonds. The bond insurer grabbed headlines earlier this year after rating agencies threatened to strip the company of its sterling AAA rating, which could have sparked another wave of devastating writedowns at the nation's largest financial firms.

"It's all about earnings," said Peter Cardillo, chief market economist at Avalon Partners. "I would suspect perhaps the Ambac report is having an early impact, but the data is young and there is a lot out there."

Boeing (BA, Fortune 500) was among those company that reported improved results, helped by its commercial plane sales and defense business.

But plenty of other corporate earnings are on tap. UPS (UPS, Fortune 500) is due to report before the market open. In the tech sector, Apple (AAPL, Fortune 500) and Amazon.com post after the closing bell.

Late Tuesday, Yahoo (YHOO, Fortune 500) reported solid profit and sales that topped Wall Street's estimates.

While Yahoo's results were strong, the company has until Saturday to accept Microsoft's takeover offer or face a proxy fight. It remains unclear whether Microsoft (MSFT, Fortune 500) will be swayed to raise its offer. If it doesn't, the takeover battle could turn ugly.

GM (GM, Fortune 500) is due to release its first-quarter global sales before the market open. Detroit's Big 3 automakers have been battered by slumping sales and are expected to rack up more losses this year.

In other corporate news, the classifieds company Craigslist suggested that eBay (EBAY, Fortune 500), which owns a stake in the privately-held firm, may be attempting a hostile takeover after the online auction house filed a lawsuit against Craigslist on Tuesday.

Oil prices moved slightly lower Wednesday after hitting yet another record high a day earlier. Light, sweet crude for June delivery fell 45 cents to $117.62 in electronic trading on the New York Mercantile Exchange.

Prices could move back up, however, after the latest U.S. oil inventory report, which is due out at 10:30 a.m. ET. The inventory report is one of the few economic readings due out Wednesday other than the weekly reading on mortgage applications.

Meanwhile, retail gasoline prices have hit yet another high, according to auto group AAA. The national average price for a gallon of regular unleaded gasoline has risen to $3.533.

In global trade, Japan stocks gained, led by oil firms. Major markets in Europe fell in midday trading.The dollar moved higher against both the euro and the yen.

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cyjjerry85
Elite

23-Apr-2008 07:59

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Yahoo beats Street...waits for Microsoft

Earnings top estimates and guidance impresses, but it may not be enough to lure Microsoft into raising its takeover bid for the Internet company.

By David Goldman, CNNMoney.com staff writer

Last Updated: April 22, 2008: 6:31 PM EDT

NEW YORK (CNNMoney.com) -- Internet search giant Yahoo Inc. announced first-quarter sales and profits Tuesday that topped analysts' estimates but it remains unclear if that will be enough to force Microsoft to raise its takeover bid.

Yahoo posted net income of $542 million, or 37 cents per share, nearly quadrupling from a year ago.

But excluding one-time gains from an investment in Chinese Internet stock Alibaba.com, Yahoo's profits came in at $150 million, or 11 cents per share, down 2.6% from a year earlier.

Analysts polled by Thomson Financial, who normally exclude one-time events from their forecasts, were looking for a profit of 9 cents per share.

Sales rose 9% to $1.82 billion. Excluding advertising sales that Yahoo shares with partners (also known as traffic acquisition costs or TAC), the company reported revenue of $1.35 billion, topping analysts' forecasts of $1.32 billion.

Yahoo also offered second-quarter revenue guidance of $1.73 to $1.93 billion, which far outpaced analysts' consensus forecasts of $1.37 billion for the quarter.

All of this comes as the deadline to accept Microsoft's (MSFT, Fortune 500) unsolicited takeover bid - now valued at about $43 billion - approaches on Saturday.

Ball in Microsoft's court

Yahoo rejected Microsoft's initial offer, but Yahoo's earnings may not have done enough to change Microsoft's bid. Microsoft chief executive officer Steve Ballmer said earlier Tuesday that Yahoo's earnings - whether positive or negative - would not change his company's proposal, according to Reuters.

"The likelihood that Yahoo will be able to fend off Microsoft seems very low, mainly because in essence [Yahoo] is a company that's in a multi-year slide," said Cantor Fitzgerald analyst Derek Brown. "Even though the quarter was better than expected, there is uncertainty if it will be a trend."

In order to avoid a hostile takeover bid, Yahoo spent $14 million "for outside advisors related to Microsoft's unsolicited proposal and other strategic alternatives," according to its earnings release.

As part of its strategy to fend off Microsoft, the company also postponed the March 14 deadline for nominating candidates to its board.

In addition, Yahoo is making a concerted effort to right its ship by trimming its workforce by 7% and refocusing on its core display-ad business, "the most fundamental aspect of advertising," according to Yahoo's President Sue Decker. At the same time, Yahoo is also hoping to regain market share in search that it has lost to top rival Google.

"The board's decision to reject Microsoft's bid was based on the strength of our business," said Yahoo co-founder and chief executive officer Jerry Yang in a conference call with analysts, saying Microsoft's offer undervalued the company.

But he added that Yahoo's board is "open to any and all alternatives, including a deal with Microsoft" if the price was right.

Yahoo's rejection of Microsoft's bid prompted rumors that Yahoo is trying to work a counter deal with AOL - the Internet wing of CNNMoney.com's parent company, Time Warner (TWX, Fortune 500). It also sparked talks of a joint-takeover bid by Microsoft and News Corp (NWS, Fortune 500).

Adding to the scramble, Google (GOOG, Fortune 500), which impressed investors with its earnings last Thursday, recently struck a trial deal with Yahoo that will place its AdSense search results on Yahoo's Web site. Some analysts see the partnership as an attempt to disrupt Microsoft's takeover bid.

Ad business steady in uncertain economy

Google last Thursday posted impressive first-quarter earnings, allaying some analysts' fears that Internet search advertising may be vulnerable to the current U.S. economic slump. But Yahoo has recently increased its focus on display ads, also known as graphical or banner ads, which some analysts believe are more likely to be affected by a downturn in the economy.

That's because several of the companies that buy Yahoo's display ads - as opposed to text links that Google predominately offers - are big companies in slumping sectors such as the automotive and financial sectors.

"We're not immune to economic conditions, but we have a very diverse advertising base," said Yang. "We will be well positioned to perform as well as or better than the market as the uncertainty continues."Shares of Yahoo (YHOO, Fortune 500) were relatively flat in after-hours trading. Yahoo's stock is trading about 50% higher than where it was before Microsoft first made its buyout bid on Feb. 1, as investors have been predicting a deal will eventually go through.

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cyjjerry85
Elite

23-Apr-2008 07:57

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Stocks slump as oil surges

Wall Street steps back as investors react to record oil and gas prices and weaker forecasts from Texas Instruments and DuPont.

By Alexandra Twin, CNNMoney.com senior writer

Last Updated: April 22, 2008: 6:41 PM EDT

NEW YORK (CNNMoney.com) -- Stocks tumbled Tuesday as investors mulled crude oil prices near a record $120 a barrel and dour profit outlooks from DuPont and Texas Instruments.

The Dow Jones industrial average (INDU) lost around 105 points, or approximately 0.8%. The broader Standard & Poor's 500 (SPX) index fell 0.9%. The Nasdaq composite (COMP) lost 1.3%. The Russell 2000 small-cap index fell 2%.

Stocks were mixed Monday as investors mulled Bank of America's (BAC, Fortune 500) weaker-than-expected quarterly results and record oil and gas prices. But the tone was more negative Tuesday, as commodity prices hit new records and investors resumed their concerns about the earnings picture.

"Oil knocking at $120 a barrel and gas at $3.50 a gallon is clearly going to cut into consumer spending," said John Wilson, chief technical strategist at Morgan Keegan.

He said the surging commodity prices were continuing to ramp up worries about how a consumer spending recession could impact retailers and the economy. Additionally, investors remain wary about the outlook for corporate earnings, especially in the financial sector.

With 30% of the S&P 500 having reported results, earnings are currently on track to have fallen 15.4% from a year earlier, according to Thomson Financial estimates.

After the close of trade, Yahoo (YHOO, Fortune 500) reported sales and earnings that beat estimates. Yet it isn't clear whether that will be enough to get Microsoft to raise its takeover bid. Shares were little changed in extended-hours trading.

Boeing (BA, Fortune 500), Delta Air Lines (DAL, Fortune 500), Schering-Plough (SGP, Fortune 500) and UPS (UPS, Fortune 500) are among the companies due to report results before the start of trading on Wednesday. Wednesday also brings the weekly oil inventories report.

Earnings. Late Monday, Texas Instruments (TI) reported higher quarterly earnings that met estimates. But the chipmaker also forecast current-quarter profit that was short of most estimates, citing weaker demand. On Tuesday, several analysts downgraded the stock. Shares fell almost 6%.

Dow component AT&T (T, Fortune 500) reported higher quarterly sales and earnings that were in line with expectations, thanks to growth in its wireless division. Shares inched higher.

DuPont (DD, Fortune 500), also a Dow component, reported higher quarterly sales and earnings that topped estimates, due to higher prices and the benefit of the weak dollar. The chemical maker reiterated its 2008 earnings forecast, but also said that the weaker U.S. economy will offset any gains from global markets. Shares fell 4%.

McDonald's (MCD, Fortune 500) reported higher quarterly sales and earnings that beat forecasts, due to strong global sales and the weak dollar. Shares of the Dow component ended slightly lower.

UnitedHealth Group (UNH, Fortune 500) reported higher quarterly earnings that missed forecasts on higher quarterly revenue that topped estimates. However, UnitedHealth cut its 2008 forecast by 40 cents per share, citing higher flu costs and projected membership declines, among other factors. Shares fell almost 10%.

UAL (UAUA, Fortune 500), the parent of United Airlines, led the list of carriers reporting big quarterly losses due to surging fuel costs. Shares were off almost 37%.

Meanwhile, Apple (AAPL, Fortune 500) shares fell ahead of its quarterly earnings report due Wednesday, as analysts tried to get a handle on what to expect. (Full story)

Among other stock movers, CIT Group (CIT, Fortune 500) slumped almost 16% in active New York Stock Exchange trade after the financial services firm said it would raise $1.5 billion from a stock offering. The company has been hit hard by the mortgage and credit market collapse.

Market breadth was negative. On the New York Stock Exchange, losers beat winners by 7 to 3 on volume of 1.33 billion shares. On the Nasdaq, decliners topped advancers by more than 3 to 1 on volume of 1.95 billion shares.

Housing. March existing-home sales fell 2% to a 4.93 million annualized rate from the previous reading of 5.03 million. Economists surveyed by Briefing.com thought sales would fall to a 4.92 million annualized rate.

Commodity prices spike. U.S. light crude oil for May delivery rose $1.89 to settle at a record $119.37 a barrel on the New York Mercantile Exchange. Oil hit an all-time trading high of $119.90 a barrel earlier.

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