Aug
31
Momentum Trading On US Assets
August 31, 2008 | 2 Comments
Wall Street suffered a bloody nose on Friday but investors can seek solace that US assets are looking attractive. Certain events confirmed that hot funds are plumping for US assets and some momentum trading is underway. In a volatile investment climate, the most dangerous place may actually turn out to be the safest.
Firstly, the US […]
Aug
28
Hurricane Gustav Brings Cheers To Oil Market
August 28, 2008 | 1 Comment
Hurricane Gustav is set to bring cheers to the battered oil and commodities market as it heads towards the Gulf of Mexico. Oil prices briefly touched $119.63 per barrel on the New York Mercantile Exchange before falling back to $118.15 a barrel Wednesday.
What is the possible extent of damage from Hurricane Gustav? In 2005, Hurricane […]
Aug
25
Inflating Earnings By Capitalizing Expenses
August 25, 2008 | Leave a Comment
In real life, expenses are pretty straightforward. Anything which constitutes an outflow of money to pay for a product or service is deemed as an expense. For accounting students, an expense is recorded when an asset is used up and a liability recorded. Simple, right?
However, there are instances when you struggle to answer this question: […]
Aug
21
To Sell Or Hold Blue Chips In A Bear Market?
August 21, 2008 | 3 Comments
The global economy is headed for a recession and the stock market decline is well underway - investors will not touch stocks with a barge pole. I do not foresee a stock market crash for SGX nor embattled Wall Street, but it is certainly a period of financial destruction if we are not careful.
At this […]
Aug
18
Housing Mortgage Crisis - No Nation Spared
August 18, 2008 | Leave a Comment
The Straits Times Index fell 20.52 points Monday to close at 2,776.98, volume was a trickle at 948 million, while gainers/losers stand at 157/371.
As second-quarter earnings filtered in, we saw that most companies fail to impress with slowing sales and profit margin as compared to last year, and expectations for financial year 2008 had been […]

