With news of the Japan earthquake & nuclear crisis easing, no further aggravation of Libya’s bombardments, coupled with technical recoveries of US markets (Dow Jones Index, S&P, Nasdaq), Straits Times Index (STI) has also make some good headway with its index value staging a good recovery for almost a week from the trench support. It is now at a crucial…
Category: Investment Tips & Guides
SIA at good valuation, time to watch out? | Stock Review & Analysis | Singapore
Once a darling among the analysts during the last quarters economy recovery, the stock is battered with series of bad economic developments – Libya outbreak, Japan earthquake and nuclear scare. SIA has also announced the cancellation of some daily flights to Tokyo, Japan. On technical front, SIA has staged a good recovery and bull run since May 2010 at $9.50.…
Citigroup C – time to take positions | Stock Prices & Analysis | US
US Banking giant Citigroup (C) announced plans 21 Mar 2011 Monday to conduct a 1-for-10 reverse stock split and resume paying a quarterly dividend.The reverse stock split will slash the number of Citi’s outstanding shares to 2.9 billion from about 29 billion.Citi, which recently finished repaying its $45 billion taxpayer-funded bailout from the financial crisis, said it anticipates the reverse…
Technical Analysis of Crude Oil, Gold | Commodity Prices | CBOT, CME, NYBOT
Political & economic situations should see some light of stability in coming week. Apart from movements in global stock markets, futures market should see further price swings. More importantly, there will be important US economic data to be released this coming week: – Jobless Claims (Thurs)– GDP, Consumer Sentiment (Fri) CRUDE OIL Crude oil has breakout of $93 and since…
Nike Inc. (NKE) suffered price decline after a weak quarterly profit | Stock Analysis | US Stock Market
Nike Inc.(NKE) reported on 18 Mar 2011, a smaller quarterly profit than most analysts had expected. Financial-wise: – Fiscal third-quarter net income of $523 million, or $1.08 a share, up from $497 million, or $1.01 a share, in the year-earlier period– Sales increased 7% to $5 billion– Gross margin fell 110 basis points to 45.8% as the cost to make…
Japan Yen strengthens post Japan earthquake, tsunami & nuclear plant meltdown | Forex | Japan
It is rather unusual to see Yen strengthening against major currencies after the various calamities which hit Japan since last Friday. The latest movement of USD/SGD on late 17th March 2011, saw the key support of 81 breeched. For the past 1 year period, Yen has been oscillating between 84 and 81. Back in Sept 2010, it was at 86…
Singapore Blue Chips for Value Plays | Stock Review | Singapore Stock Market
As predicted in my past blog entries, Japan has suffered the 3rd worst intraday price plunge in her history for the Nikkei 225 Index. Stock markets round the world are also not spared: A) Asian Stock Markets: B) European Stock Markets: Likewise, for Singapore Stock Market, the STI has breeched 3000 psychological level to end at 2946.1 (-2.8%). Looking at…
Risk of Failing Japan Economy with recent Earthquake, Tsunami and Nuclear meltdown | Economic Review | Japan
It reminds me of the calamitous 1995 Kobe earthquake. The Kobe quake killed 6,500 people and caused 10,000 billion yen of damage – about 2.5 percent of Japan’s gross domestic product. Over the subsequent six months the country’s stock market plunged 25 percent, even as big global markets moved higher. Yet there are big differences between conditions now and 16…
World Stock Markets in jittery with recent Japan Earthquake & Tsunami | Stock Markets | World
While the world has to dealt with the political uncertainties in Libya and the rising inflations from the spikes in world oil prices, Mother Earth has not been any kinder to us. Japan’s most powerful earthquake in more than 100 years killed at least 1,000 people and triggered rising radiation levels at one of the nation’s several nuclear-power plants, according to…
Stock Markets Analysis (Dow Jones Index, Straits Times Index, Oil, USD/SGD) | Investment Review | Singapore
On the political front, Gaddafi’s regime accused the United States, Britain and France of ‘a conspiracy to divide Libya’ on Monday as pressure built to arm the rebels and the UN named a special envoy to Tripoli.The worsening conflict sent world oil prices higher, while Nato head Anders Fogh Rasmussen said attacks on civilians by Gaddafi’s troops could amount to crimes…