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STI to cross 3000 boosted by long-term investors
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Peter_Pan
Supreme |
30-Nov-2013 18:44
Yells: "did you order dunkin' donuts" |
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STI titled "OPERATION TEST WATER" | |||||||||||||||||||||||||||||||||||||||||||||||||
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Tempest
Senior |
30-Nov-2013 18:24
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STI is not high at all. Be prepared for STI rallied for coming months! Time to enter ppl | |||||||||||||||||||||||||||||||||||||||||||||||||
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Octavia
Elite |
30-Nov-2013 15:42
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World stock index near 6-yr high. | |||||||||||||||||||||||||||||||||||||||||||||||||
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WanSiTong
Master |
30-Nov-2013 12:38
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U.S. Stocks Fall, Erasing Earlier Gain on Retailer Rally U.S. stocks fell as investors sold shares in the final half hour of a shortened trading session, erasing earlier gains fueled by a rally in online retailers amid Black Friday sales. Archer-Daniels-Midland Co. (ADM) fell 3 percent after Australia blocked a A$2.2 billion ($2 billion) takeover of GrainCorp Ltd. EBay Inc. and Amazon.com Inc. gained at least 1.8 percent. Best Buy Co. and Coach Inc. advanced more than 1.4 percent as retailers opened their doors to holiday shoppers. Apple Inc. rose 1.9 percent after a report showed the company sold three of every four smartphones in Japan last month. Nov. 29 (Bloomberg) -- Terry Lundgren, chief executive officer of Macy's Inc., talks about the decision to open stores on Thanksgiving Day, business outlook and the impact of technology on consumers. Lundgren speaks with Deirdre Bolton on Bloomberg Television's " In the Loop." (Source: Bloomberg) The S& P 500 fell 0.1 percent to 1,805.81, reversing an earlier gain of as much as 0.4 percent. The gauge advanced 0.1 percent for the week, extending its winning streak to eight weeks, the longest since 2004. The Dow Jones Industrial Average lost 10.92 points, or 0.1 percent, to 16,086.41 today. Trading in S& P 500 stocks was 8.9 percent below the 30-day average. U.S. markets were closed yesterday for the Thanksgiving holiday and trading ended at 1 p.m. today. ?It?s very light trading,? John Manley, who helps oversee $233.6 billion as chief equity strategist for Wells Fargo Funds Management in New York, said in a phone interview. The Friday after Thanksgiving is ?going to be subject to light volume.? The S& P 500 rose 2.8 percent for the month. The benchmark gauge has climbed 27 percent in 2013, poised for its best year since 1998, and the Dow has gained 23 percent after the Federal Reserve refrained from tapering its third round of economic stimulus. Fed MinutesMinutes of the last Fed meeting released on Nov. 20 showed that officials are considering scaling back their $85 billion in monthly bond purchases ?in coming months? if the economy improves as anticipated. Four out of five investors expect the Fed to delay a decision to begin reducing the stimulus until March 2014 or later, according to a Bloomberg Global Poll on Nov. 19. Central bank bond purchases have helped push the S& P 500 up 167 percent from a bear-market low in 2009. Fed policy makers have been scrutinizing data to determine whether the economy is strong enough to withstand a reduction in stimulus. Investors are awaiting reports on manufacturing and home sales next week, and the November release of non-farm payrolls on Dec. 6. Janet Yellen, who will replace Ben S. Bernanke as chairman of the Fed, has said she will ensure monetary stimulus isn?t removed too soon to support economic recovery in the U.S. ?Sharp Eye??There?s going to be a very sharp eye on the incoming economic data, with the economy really being important to the next steps for the Fed and the markets,? Gary Flam, managing director and portfolio manager at Los Angeles-based Bel Air Investment Advisors LLC, said by phone. Bel Air manages $7 billion in assets. A report today showed euro-area unemployment unexpectedly declined in October, the latest indication that the bloc?s recovery is gaining traction. Separate data yesterday showed economic confidence in the euro region improved more than economists forecast to a 27-month high in November. The Chicago Board Options Exchange Volatility Index (VIX) rose 5.5 percent today to 13.7. The gauge of S& P 500 options known as the VIX declined 0.4 percent for November. Eight of 10 main industry groups in the S& P 500 slid today, with telephone stocks falling the most. Airlines lost 1.2 percent as a group. Southwest Airlines Co. fell 1.9 percent to $18.59 and US Airways Group Inc. sunk 2.1 percent to $23.48. GrainCorp DealADM dropped 3 percent to $40.25. Australia?s rejection of the agricultural commodities producer?s takeover prompted a record 22 percent drop in GrainCorp, the biggest crop handler on Australia?s east coast, and a slide in the local currency. ?This proposal has attracted a high level of concern from stakeholders and the broader community,? Treasurer Joe Hockey said today, ruling U.S.-based ADM?s bid of A$12.20 a share isn?t in the national interest. ?Now is not the right time for a 100 percent foreign acquisition of this key Australian business.? Technology companies gained 0.5 percent, the most among S& P 500 groups. EBay rose 2.5 percent to $50.52 and Amazon.com jumped 1.8 percent to $393.62. Online sales are projected to climb as much as 15 percent to $82 billion during the holidays, more than three times faster than the total gain of 3.9 percent to $602.1 billion, according to the National Retail Federation. Apple rose 1.9 percent to $556.07. The company accounted for 76 percent of smartphone sales in Japan last month after the country?s largest carrier, NTT Docomo Inc., began offering the iPhone, market researcher Kantar Worldpanel ComTech said yesterday. Retailers RiseRetailers climbed 0.3 percent, the second-biggest gain among 24 groups in the S& P 500. Best Buy rose 2.4 percent to $40.55 and Coach jumped 1.4 percent to $57.90. Gap Inc. and Tiffany & Co. advanced, while Macy?s Inc. and Kohl?s Corp. fell after erasing earlier gains. Millions of Americans will hit the malls today for Black Friday. The cost of hedging against losses in U.S. retailers has slipped to the lowest level in more than three years as investors speculate that an improving labor market and falling gas prices will stimulate holiday sales. U.S. retail sales climbed at a faster-than-expected pace in October, a measure of consumer sentiment beat estimates this month and jobless claims fell to their lowest since September last week, signaling a strengthening U.S. economy. Gasoline prices are near their lowest since February 2011, while house prices are climbing at the fastest rate since 2006. Early OpeningSales are projected to advance 2.4 percent this holiday, the smallest increase since 2009, the year the recession ended, according to researcher ShopperTrak. Faced with six fewer days between Thanksgiving and Christmas than last year, retailers are pouring on the discounts to lure customers. Many chains opened earlier than ever this year to win market share. ?The general mood is that we?re going to have growth this year in terms of holiday season shopping, though probably less than before the crisis,? Aaron Izenstark, co-founder and chief investment officer of Iron Financial LLC?s Iron Strategic Income Fund in Northbrook, Illinois, said by phone. ?There is an expectation in the market that it has started out on a positive note, so I do think that is definitely driving thoughts today in the marketplace.? |
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WanSiTong
Master |
30-Nov-2013 12:33
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World MarketsNorth and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.23% and the IPC rose 0.80%. The S& P 500 lost 0.08%. North and South American Indexes
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Peter_Pan
Supreme |
30-Nov-2013 08:03
Yells: "did you order dunkin' donuts" |
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Wall Street-Fighter ate too much Green Huat Kueh resulting in indigestion..now in bed waiting for house call.. | |||||||||||||||||||||||||||||||||||||||||||||||||
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tanglinboy
Elite |
30-Nov-2013 07:17
Yells: "hello!" |
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Yah.. I noticed that. Why har? Usually STI will track US markets |
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StewardLittle
Member |
29-Nov-2013 23:56
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US markets super rally yet STI in a slump.. | |||||||||||||||||||||||||||||||||||||||||||||||||
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Peter_Pan
Supreme |
29-Nov-2013 21:21
Yells: "did you order dunkin' donuts" |
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Now our logistic departments are busy distributing our freshly baked Green Huat Kuehs to the Ang Mohs..!!
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gufeng88
Senior |
29-Nov-2013 19:11
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Short sell orders executed on 29 November 2013
http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/cdp_buying_info/!ut/p/c5/04_SB8K8xLLM9MSSzPy8xBz9CP0os3gjR0cTDwNnA0sDC3cLA0_XsDBfFzcPQws_E6B8JJK8f6ihuYFnqFOgiVNYqKG3owkB3X4e-bmp-gW5EeUAfAYSFA!!/dl3/d3/L2dBISEvZ0FBIS9nQSEh/ |
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GorgeousOng
Elite |
29-Nov-2013 17:04
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Great pic!!!
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Octavia
Elite |
29-Nov-2013 16:50
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STI no horse run...lol |
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myfcoach
Member |
29-Nov-2013 16:46
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sian...a rally without sufficient volume is not sustainable....however, based on PE , STI should have a leg up....so just be patient lor.....see STI compared with other markets, vomit blood.....without the foreign funds inflows, rally cannot last....maybe Santa can help a bit. cheers, Jason at http://myfcoach.com/ and http://millionaire-investors.blogspot.sg/
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GorgeousOng
Elite |
29-Nov-2013 13:52
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Pussy cat don't bully me yah!!!
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Peter_Pan
Supreme |
29-Nov-2013 13:49
Yells: "did you order dunkin' donuts" |
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 pai si..! |
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hongwei76
Member |
29-Nov-2013 13:47
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What's worse is STI give up all the gains yesterday and now back to square one ... so frustrating.
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Shirleyfong88888
Member |
29-Nov-2013 12:38
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No window dressing leh........
STI dwn, most shs Red Red:( |
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NL0261
Member |
29-Nov-2013 12:27
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War or no war, sgx mkt was the worst performer for final qtr. Best to stay out, preserve yor money.
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Peter_Pan
Supreme |
29-Nov-2013 11:32
Yells: "did you order dunkin' donuts" |
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 it's lunchtime..!!! horray..!!! |
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Shirleyfong88888
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29-Nov-2013 11:09
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War between China,Japan & Korea 2014? If yes, Asian shs will suffer......
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