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STI to cross 3000 boosted by long-term investors

ruready
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04-Oct-2013 08:53

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Now I feel better now,time not good,still got ppl wanna sell,,,,,,bbbb is not around from Q,,,,,,

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tanglinboy
Elite

04-Oct-2013 07:27

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Yells: "hello!"

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A lot of yo-yo recently..

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WanSiTong
Master

04-Oct-2013 06:52

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Dow drops sharply and closes below 15,000

By CNNMoney Staff @CNNMoneyInvest October 3, 2013: 4:43 PM ET

Click on chart for more markets data.

NEW YORK (CNNMoney)

A sell-off in stocks accelerated Thursday, as major indexes fell 1% while Washington remains paralyzed and the nation approaches the deadline for raising the U.S. debt ceiling.

The Dow ended below 15,000, a psychologically important level, for the first time in almost a month. The Nasdaq and S& P 500 also declined sharply.

Meetings at the White House between congressional leaders and President Obama have failed to produce a breakthrough. Thursday marked Day 3 of the government shutdown, and Washington gave no sign of preventing a fourth. It's making investors jittery. CNNMoney's Fear & Greed index even briefly slid into Extreme Fear mode.

Thursday's losses also meant the Dow and S& P 500 have dropped for nine of the past 11 trading days,

" I think probably at the beginning of the week people didn't think it would take so long to sort out," said David Jones, chief market strategist at IG Markets in London. " The fact that it's dragged on is making people a little bit nervous."

Doug DePietro, an equity trader at investment bank Evercore, noted that the S& P 500 also broke below its 50-day moving average, a key technical level that triggered additional selling by institutional investors.

" With each day that goes by without a deal, confidence continues to wane," DePietro said.

More troubling for Wall Street is the risk that the political stalemate could prevent the debt ceiling from being raised, meaning the government may not be able to pay all its bills later this month.

Click here for more stocks, bonds commodities and currencies

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WanSiTong
Master

04-Oct-2013 06:42

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World Markets

North and South American markets finished broadly lower today with shares in Brazil leading the region. The Bovespa is down 1.15% while Mexico's IPC is off 1.11% and U.S.'s S& P 500 is lower by 0.90%.

North and South American Indexes

Index	Country	Change	% Change	Level	Last Update
Dow Jones Industrial Average	United States	-136.66	-0.90%	14,996.48	4:31pm ET
S& P 500 Index	United States	-15.21	-0.90%	1,678.66	4:31pm ET
Brazil Bovespa Stock Index	Brazil	-610.32	-1.15%	52,489.86	6:02pm ET
Canada S& P/TSX 60	Canada	-5.86	-0.80%	730.19	4:20pm ET
Santiago Index IPSA	Chile	+4.14	+0.13%	3,249.30	3:15pm ET
IPC	Mexico	-459.53	-1.11%	40,841.13	6:06pm ET

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aysaibey
Member

04-Oct-2013 04:33

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Yells: "Listen to the Wind. - Kungfu Master."

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Singapore already reacted. Dow insiders. Open down 50 pts already dont kea kiang go and shot. Buy big big . 1000s 1000b. Contra. Especially good stocks like Rex, UoL

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bishan22
Elite

04-Oct-2013 02:43

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Dow minus 3 digits. Rotton durians droppings for most counters. Good luck.

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Isolator
Supreme

04-Oct-2013 01:54

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Yells: "STI is hard landing to below 2000..."

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My long Dow alive again... Close green green... Lol

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bishan22
Elite

03-Oct-2013 22:49

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Dont underestimate the shut down effect. Stay clear till 17 oct. Meanwhile follow us govt loh, shut down n go see movies bah.

Peter_Pan ( Date: 03-Oct-2013 22:37) Posted:

yah dow super down...tomorrow shake head shake leg anything also shake leow

bishan22 ( Date: 03-Oct-2013 22:27) Posted:

More shorting tml. Dow extremely red again. Huat arhhhhh.

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moneycow
Master

03-Oct-2013 22:45

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OBAMA keep hinting to wall street. He indirectly telling the Republicans holding his budget proposal that, if the GOV remain shut, financial institution and wall street is going to be hit hard.

What that mean is DOW would plunge................. shares would plunge................. he knows some big wig of Republican hold large shares in some huge companies.....................................

Their action of holding up the approval of budgets would ultimately harm their own wealth.................

He tries to hurt them where it would hurt most - in their pocket via wall street. To hopefully force the Republican to give in.

In a way - (OBAMA) he is torturing the Republican and indirectly the world stocks market..................

Its his last term as President , he care less if People starts to hate him................his health insurance covers the poor, he only cares for the less fortunate and not the middle class or Wall streets................

.............the longer they are at logger head, the longer stocks holders suffers as price of stocks slights by day with uncertainty..................

Obama is playing a mind game with the Republican...........a game of brinkmanship see who brink first who loose.........................

BUT I think there will be no winners if they carry on like that............................

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Peter_Pan
Supreme

03-Oct-2013 22:37

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Yells: "did you order dunkin' donuts"

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yah dow super down...tomorrow shake head shake leg anything also shake leow

bishan22 ( Date: 03-Oct-2013 22:27) Posted:

More shorting tml. Dow extremely red again. Huat arhhhhh.

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bishan22
Elite

03-Oct-2013 22:27

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More shorting tml. Dow extremely red again. Huat arhhhhh.

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Peter_Pan
Supreme

03-Oct-2013 20:56

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shorting activities appear to be toning down.

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gufeng88
Senior

03-Oct-2013 19:02

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Short sell orders executed on 03 October 2013

http://www.sgx.com/wps/wcm/connect/sgx_en/home/market_info/short_sale/short_sale_daily/DailyShortSell20131003.txt

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Isolator
Supreme

03-Oct-2013 17:04

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Yells: "STI is hard landing to below 2000..."

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Red? ok la... still little green for me le..... Tonight make it green green.....

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Octavia
Elite

03-Oct-2013 16:57

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Dow fiutures in the red territory.

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Peter_Pan
Supreme

03-Oct-2013 16:02

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hsi nice closing sti pending

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solidbuy
Veteran

03-Oct-2013 15:31

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why?

Isolator ( Date: 03-Oct-2013 15:28) Posted:

Buy into usd....... any asset.....

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Isolator
Supreme

03-Oct-2013 15:28

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Yells: "STI is hard landing to below 2000..."

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Buy into usd....... any asset.....

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WanSiTong
Master

03-Oct-2013 15:14

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White House Meeting Doesn?t Break Congress Budget Impasse

By Richard Rubin, Roxana Tiron & Kathleen Hunter - Oct 3, 2013 12:00 PM GMT+0800

The first face-to-face talks between President Barack Obama and congressional leaders failed to break the budget logjam as a partial U.S. government shutdown entered its third day.

The Oval Office meeting yesterday evening ended with both sides reiterating their positions and the points they?ve been making for days, raising the prospect of a prolonged standoff over the government shutdown and raising the U.S. debt limit.

Democrats, including Obama, say Republicans must end the shutdown and raise the debt ceiling as a precondition to talks on broader budgetary disputes. Republicans want to use the fiscal deadlines to extract changes to Obama?s health-care law.

?They will not negotiate,? House Speaker John Boehner, an Ohio Republican, said after the hour-long meeting with Obama and other congressional leaders. ?We had a nice conversation, a polite conversation, but at some point we?ve got to allow the process our founders gave us to work out.?

Neither side budged yesterday. The first government shutdown since 1996 and the debt-limit debate continued to merge into a messy month of standoffs.

House Republicans plan to advance a debt-limit bill while the government is shuttered, resurrecting a plan that included a long list of party priorities, according to a Republican lawmaker and two leadership aides who asked for anonymity to discuss the strategy.

?Locked In?

Democrats, including Obama, said Boehner should just allow a vote on funding the government and rely on support from Democrats and a group of House Republicans willing to accept a funding extension through Nov. 15 at the spending levels Republicans prefer.

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Peter_Pan
Supreme

03-Oct-2013 14:25

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hsi losing steam sti likely to follow..likely..maybe..

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