Monthly Archives: June 2008
Oil Speculators Calling The Shots On Wall Street
I expected bearish sentiments in the stock market for this week because there is simply no good news on the horizon to spark a revival. Continue reading
High Oil Prices Forcing Vehicles Off The Roads
And you thought oil at $135 is unbearable. Well, oIl breached the $140 level over the weekend to settle at $142. Advocates of peak oil theory are trumpeting the increase. Continue reading
Inexorable Slide In Stock Market
No surprise for the red ink given that Dow Jones tumbled 358 points to close at 11,453.42 (its lowest finish since Sept. 11, 2006) due to record high oil prices. Continue reading
Dow Jones Boosted By Oil Supply Gains
Stock market actions on Wednesday were pretty much a repeat of what we have seen in the past few weeks. ST Index continued its descent to lower lows of around 2930 in the morning, the major culprit being a Dow … Continue reading
Typhoon Fengshen Head To China After Destruction In Philippines
Like depressing economic news and stock market, there seems to be no end in sight for storms as adverse climate changes leave trails of destruction everywhere. Continue reading
Filed under Economy, Oil, environment
ST Index Still In Accumulation Stage
Since Wall Street shed 220 points to end at 11842.69 last Friday (a three-month low sparked by fears about credit market and inflation), I expected the sell-offs to spillover to Asian stock markets. Continue reading
Adverse Climate Events Wrecking Havoc Around The World
Although I write an investment blog, I feel a need to discuss the incessant rape of Mother Earth today. As investors, we are affected by global events, especially natural disasters which can cause tumultuous upheavals to the stock market. Since … Continue reading
Filed under Economy, Inflation, Oil, Stocks, environment
Will Investors Hold The Fort At Dow Jones?
The bulls have taken flight at Dow Jones and the index is descending steadily towards March lows of 11850. If investors can hold the fort here, we can look forward to a short term upswing. Continue reading
