Tag Archives: Dow Jones
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
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
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
Oil Movement Still A Major Concern For Stock Market
One major reason for the gloom is because of a drastic drop of 496 points in the Baltic Dry Index – a shipping index that monitors transportation costs of raw materials. Continue reading
Hungry Bears To Take A Break
Just when you think oil has taken a beating, it surged back to the fore but before the ink has dried, it beat a hasty retreat again the very next day. Continue reading
Filed under Stocks
Dow Jones Rally Will Lift Local Stocks
After Wall Street’s deplorable results last Friday, the question for ST Index today is how much collateral damage we will be seeing. An oversold rebound is in order here. Continue reading
Filed under Economy, Oil, Properties, Stocks
Terrible Day For Dow Jones
If you look at the Dow Jones yesterday, it seems like the sky has fallen. Continue reading
Strong Dollar Gives Hope For Recovering Economy
Oil prices was hit by a strengthening dollar after the Fed chairman, Ben Bernanke said the economy remains under pressure, but he is unlikely to cut interest rates again soon. Continue reading
