Indexes&Economy
« Previous EntriesTrading curbs In NYSE on Friday Trading
Sunday, August 5th, 2007Once again, the Dow Jones Industrial Average closed sharply lower by 281.42 points or 2.09%. The Dow Jones Industrial Average is currently 13181.91, about 820 points from its record close of 14,000.41.
This is the 3rd time in 2 weeks trading curbs has gone into effect.
So what caused the sharp fall?
The Falling Market
Wednesday, August 1st, 2007The current market thrend is making people like me look stupid. Extremely stupid.
Here I am preaching investment for the long term.
It was just yesterday that I recommended readers to buy shares they have been eyeing for a long time, while they have a relatively cheap valuation.
So what now. I’ve no change in my recommendations. if […]
What are the current risks in the market?
Tuesday, July 31st, 2007Over the last few months, we have seen the market being haunted by global threats to the equity market.
From time and time again, stock markets have corrected from some time to another due to these reasons.
But what are they and how do they affect the stock market?
Is the worst over?
Tuesday, July 31st, 2007We’ve seen the STI recover from the lows of 3444.05 to the 3577 levels over the last 3 days.
With the US market looking for a firm opening today after positive earning report and positive economic reports, it looks like the worst is over.
Or is it?
S&P sees worst week since 2002
Sunday, July 29th, 2007The STI closed down 2.4% on Friday, after the synchronised sell off by Dow Jones on Thursday night (Singapore).
And the worst is probably not over. The Dow fell 1.54% and the S&P fell 1.6% on Friday night as Singaporeans were partying away.
What should we expect from here. What can we do from here?
US Market Morning Note
Thursday, July 26th, 2007As the Singapore, and global market seem to be mimicking what ever the US market is doing, here is a low down on earning reports overnight.
Overnight, futures fell on concerns about the housing situation in USA. The market is awaiting home sales figures for June at 10pm Singapore time and they are expected to see […]
China Shares Soar Despite rate hike
Tuesday, July 24th, 2007I’ve extracted an article from the Business Times - 24 July 2007, as i believe what has happened to China on the 23 July 2007 is a good example to the rest of the world.
Right now, the world market is worried with the American’s Subprime and inflation problems. However despite the constant worry, we see […]
STI opens higher, indicating possible recovery
Thursday, July 19th, 2007The STI is up 12 points on opening, indicating a possible market recovery today, after a horrible 1.8% sell off yesterday.
Several stocks that have been recommended on Worldbestportfolio.com has fallen to relatively low levels. So if you’re in the mood for bargain hunting, its probably a good time to buy the following stocks.
The Great Selldown?
Wednesday, July 18th, 2007The STI was down 67.08 points today. Losers lead gainers by 931 - 132. At the time of this post, Dow Jones is down by 47.23 points.
We saw similiar situations happen in Europe, and closer to home, Hong Kong, which fell 215.38 points.
If you were to look at most news report, they cite the reason […]
The week ahead
Sunday, July 8th, 2007We’re coming up to the 2nd trading week for July, and the long awaited correction that was supposed to happen doesn’t seem to be coming anytime soon.
Positive economic data just keeps coming out of Wall Street, and now everybody believes rates are going to stay at current levels.
If the trend we are seeing so far […]