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STI to cross 3000 boosted by long-term investors
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Isolator
Supreme |
28-Feb-2013 08:19
Yells: "STI is hard landing to below 2000..." |
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x 0 Alert Admin |
When you need a good sleep... Must have shorts.... With every higher, only to short more.... Lol
My pennies will continue to rally.... Ride on my profit.... Honestly I still making very good profit after offsetting my lost on Dow... I am in confirm profit situation... Either less or more profit.... Lol
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stevenlim109
Senior |
28-Feb-2013 08:07
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sifu risktaker you are unbelievable !!!! ZHUN !!!
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ballball
Master |
28-Feb-2013 08:06
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window dressing only??
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halleluyah
Elite |
28-Feb-2013 08:00
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Omg. Bro iso still haven't cover the previous short n yet last nite Dow bounce up so strongly.....koyak lor itu macam.....lol .
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gavinl
Elite |
28-Feb-2013 07:49
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Actually on the hind sight, since only u n a few others know only and the .bulk of us dun know,i sincerly wish u r very wrong this time. Bcos the bulk if us will benefit rather than a few of u guys. Lol. Good luck.
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risktaker
Supreme |
28-Feb-2013 07:44
Yells: "Sometimes you think you know, but in fact you dont" |
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x 0 Alert Admin |
Beri tired.... work like 20 hours..... lol only sleep 2 hours.... | ||||
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tanglinboy
Elite |
28-Feb-2013 07:19
Yells: "hello!" |
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x 0 Alert Admin |
Today will be a good day. Dow was up 175 points yesterday. | ||||
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gavinl
Elite |
28-Feb-2013 06:44
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Ok. Thanks for the warning.
I take every sensible comment here seriously. U have a gd day. :-D
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GorgeousOng
Elite |
28-Feb-2013 06:28
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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No want to tell you!!! Hahaaa! Wait n see lor!!!!🙈 🙉 🙊 !!!! Only a few of us here know!!!! It is a secret! 🙊 🙊 🙊 !!!
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gavinl
Elite |
28-Feb-2013 06:13
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Expect what? Only way is up today unless profit taking take place. Lol. |
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GorgeousOng
Elite |
28-Feb-2013 06:03
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Expect the unexpected ! My heart is ready for the unexpected. All have a fruitful trading day!:)) | ||||
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GorgeousOng
Elite |
28-Feb-2013 06:00
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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x 0
x 0 Alert Admin |
......Short covering day...... | ||||
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GorgeousOng
Elite |
28-Feb-2013 05:15
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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x 0
x 0 Alert Admin |
Good foresight!
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GorgeousOng
Elite |
28-Feb-2013 05:13
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Why The Dow Is Up More Than 100 Points
By John Maxfield | More Articles | Save For Later February 27, 2013 | Comments (1) Stocks are rallying for a second straight day, as investors took comfort in the Federal Reserve chairman's testimony before Congress and a handful of upbeat economic reports released this morning. With roughly an hour remaining in the trading session, the Dow Jones Industrial Average (DJINDICES: ^DJI ) is up an impressive 171 points, or 1.2%. Good economic news all around In his second day of Congressional testimony, Fed Chairman Ben Bernanke expressed strong support for the central bank's massive and ongoing bond-purchasing program. Responding to concerns that low interest rates are hurting retirees and savers, the Fed Chairman noted that these groups would be hurt more if the economy failed to improve. "You're not going to get strong returns in an economy that is fundamentally weak," Bernanke noted. "By keeping rates low now, we can help the economy get stronger, we can create more jobs, we can create more momentum in the economy -- that is the way to get a sustainable higher set of interest rates." Following the release of the minutes from the Fed's last monetary-policy meeting, many investors and analysts were concerned about the central bank's commitment to continue buying upwards of $85 billion in long-term Treasuries and agency mortgage-backed securities per month. On the day the minutes were released, the Dow plummeted by more than 100 points. At the time, it was the biggest single-day drop in three months. This trend finally reversed itself in earnest yesterday with Bernanke's first round of testimony. As an analyst observed to Reuters, "By and large you can track the turn in the market yesterday and today with Bernanke." In addition to Bernanke's testimony, stocks were also spurred on by more positive news out of the housing sector. The National Association of Realtors said today that its pending-home-sales index rose 4.5% in January to the highest level since April of 2010, when it spiked prior to the expiration of tax credits designed to stimulate housing demand. Economists surveyed by Reuters had forecast a much more modest 1.5% gain. According to NAR's chief economist, Lawrence Yun: Favorable affordability conditions and job growth have unleashed a pent-up demand. Most areas are drawing down housing inventory, which has shifted the supply/demand balance to sellers in much of the country. It's also why we're experiencing the strongest price growth in more than seven years. Finally, the Department of Commerce reported today that orders for durable goods in January fell by 5.2% compared to December. While this at first seems ominous, the majority of the drop stemmed from a nearly 70% decline in defense spending and a 34% drop in demand for civilian aircraft "as part of a routine order slowdown," according to The Wall Street Journal. Conversely, orders for nondefense durable goods, a key measure of private-sector business activity, rose by 6.3%. As an economist told the Journal: The volatile defense capital goods and civilian aircraft categories heavily skewed the overall result. It is much more important to look at the underlying detail of this report rather than the headline change. In January, the underlying detail in the report was robust. The Dow's best-performing stocks On the heels of the private-sector durable-goods figures, it's no surprise to see shares of both Boeing (NYSE: BA ) and Caterpillar (NYSE: CAT ) among the best-performing components of the Dow this afternoon, as both manufacture products that are classified as durable goods. Both companies have struggled this year as investors remain concerned about the domestic and international economic situation. However, they're making up good ground today, up 2.3% and 2.4%, respectively. JPMorgan Chase (NYSE: JPM ) is nevertheless the best-performing stock on the Dow today, up more than 3.4% in afternoon trading. In a presentation to investors yesterday, the bank outlined its plan to cut 4,000 positions this year to further reduce its expenses. The lion's share of the cuts will be in its consumer banking division, as JPMorgan plans to add positions to the commercial-banking side. While the bank's stock originally fell on the news, it's rallying considerably now. With big finance firms still trading at deep discounts to their historical norms, investors everywhere are wondering whether this is the new normal or finance stocks are a screaming buy today. The answer depends on the company, so to help you figure out whether JPMorgan is a buy today, I invite you to read our premium research report on the company today. Click here now for instant access! The Secret to Growing $50,000 Into $900 Million... At the age of 38, a middle-class insurance man from Peoria, Illinois, quit his day job and invested $50,000 in the stock market just as everyone else was plowing their money into bonds. When he died in 1994, his stake was worth over $900 million. Now, Motley Fool Co-founder and CEO, Tom Gardner, wants to send you a free copy of a book that reveals exactly how this little-known investor did it — and give you the chance to join him and a small group of dedicated Fools who are on a unique quest to replicate this incredible investment success. Simply enter your email address below and we’ll send you all the details. |
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risktaker
Supreme |
28-Feb-2013 03:15
Yells: "Sometimes you think you know, but in fact you dont" |
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x 0 Alert Admin |
Good job ........ chiong ah | ||||
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skk888
Veteran |
28-Feb-2013 01:33
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x 0
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Hohoho.. Back to the level before.. | ||||
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teeth53
Supreme |
28-Feb-2013 00:59
Yells: "don't learn through life, learn to grow with life " |
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Stocks gain on strong housing data DOW hit 14,003.91 ptPending home sales jump in January, adding to optimism about housing rebound. Italy's bond auction drew solid demand. Durable goods orders fall as demand for aircraft declines. More |
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medivh
Elite |
27-Feb-2013 23:58
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x 0
x 0 Alert Admin |
I don't quite see a bounce.. are you upside down? lol | ||||
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Isolator
Supreme |
27-Feb-2013 23:30
Yells: "STI is hard landing to below 2000..." |
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x 0
x 0 Alert Admin |
Dow will bounce down at around 14000.... | ||||
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kelvinLim123
Master |
27-Feb-2013 23:28
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Now mkt digest the election result positively, such that if no single majority also means that no one can change the policy sign by monti before the election. |
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