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.

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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

Oct

7

Worst Stock Market Crash Since 1937

October 7, 2008 | 5 Comments

This is not the time to write lengthy posts after the carnage we have witnessed in global stock markets. I believe nobody is in the mood to read market analysis. A picture speaks a thousand words. Just look at this web of deceit, er, leverage that has caused Dow Jones, S&P 500 to post worst […]

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 […]

Jul

23

Pick Up Blue-Chip Stocks Incrementally

July 23, 2008 | 1 Comment

Wall Street continue to finish higher on Wednesday. Dow Jones ended up 0.3%, Nasdaq composite gained almost 1%, and the S&P 500 was 0.4% higher. Falling oil prices and the likely approval of a House bill which will stabilize the collapsing residential properties sector cheered the market.
Under the new legislation, $300 billion will be allocated […]

Jul

18

Wall Street Post Consecutive Gains

July 18, 2008 | 1 Comment

How long has it been since Wall Street posted consecutive gains? For nearly two weeks, we have seen a rebound only to be followed by more losses the following day.
Well, Wall Street broke out of their trance (posting more than 200 points gains in two sessions) but regional stock markets were still mixed in reaction.
The […]

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