Nov

19

One Way Traffic: Dow Plunges Below 8000

November 19, 2008 | 4 Comments

It is one way traffic: Dow Jones plunged below 8000, a first since 2003. There was a bear rally on Tuesday but it is a folly to be tempted by profits in all these technical rebounds. For those who are drawn in and end up selling in a panic, you risk doubling your losses.

More on this topic (What's this?)
Quote of the Day — Obama’s Tragic Flaw (Red Hot Energy and Gold - Global..., 7/15/10)
Richard Russell: “A hard rain lies ahead” (Investment Postcards from Cape Town, 7/21/10)
Decoding the NY Fed on Shadow Banking (naked capitalism, 7/20/10)
Read more on Dow Jones Industrial Average (DJI), Obama's Presidential Policy, Banking at Wikinvest

Nov

1

A Ray of Hope For Stock Investors

November 1, 2008 | 1 Comment

Red October, one of the worst month in Wall Street history, ended on a sweet note on Friday as stocks rallied to cap a week of impressive gains. For the week, the Dow Jones was up 10.1%, S&P 500 was up 9.5% and the Nasdaq had gained 9.8%. There are storm clouds gathering but at the moment, investors are caught up in the euphoria and unmoved by grim economic indicators.

More on this topic (What's this?)
CNBC Video - no Bull market until 2013 - or 2022 (studentofmarkets.com, 1/7/09)
Have Dow Jones Reached Bottom? Probably Not. Part III (The Cynical Economist, 11/27/08)
Dow Transports: Slippery Slope Or Ray Of Hope? (The Technical Take, 2/25/09)
Read more on Ray at Wikinvest

Sep

16

Will Wall Street Learn From Lehman Brothers Bankruptcy?

September 16, 2008 | 2 Comments

After the US government put out a forest fire with the takeover of Freddie Mac and Fannie Mae last week, Wall Street’s troubles were far from over. As they say, when you see a rat in the house, you can bet there are hundred more rats lurking in the dark corners. Slowly but surely, they […]

More on this topic (What's this?)
Uncontrolled Risk (Michael James on Money, 6/14/10)
ARE WE HEADED FOR ANOTHER LEHMAN? (THE PRAGMATIC CAPITALIST, 5/26/10)
Felix Zulauf: We May Have a Lehman, AIG, and Citi in One Day (Expected Returns, 5/29/10)
Read more on Lehman Brothers at Wikinvest

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 […]

More on this topic (What's this?)
Appearing Elsewhere (Condor Options, 6/23/10)
The VIX Volatility Indicator: How to Gauge Future Market Behavior (Investment U, 5/12/10)
Summer Thoughts After a Volatile Spring (Eyal Bar's Blog, 7/9/10)
Read more on Historical Volatility at Wikinvest

Aug

8

Tougher Times For Investors Ahead

August 8, 2008 | Leave a Comment

On the eve of our National Day and the opening ceremony of the Olympic Games, there is actually little to celebrate as an investor. The ST Index dropped 27.17 points to close at 2807.54, volume was weak at 1.041 billion while gainers/losers stand at 197/327.
COSCO Corp’s shares plunged 12.2% following the shock “retirement” of president […]

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