The market is still digesting that there’s been a softening in economic growth in the U.S. and other parts of the world. This is not surprising as there are signs of bearish divergences in most of the indices technical chartings. The six-week losing period, which has knocked 6.7% from the Dow, is the longest stretch since October 4, 2002, when…
Category: Investment Tips & Guides
New weakness in bourses, new lows in Technical charts | Nasdaq, Dow Jones Industrial, Volatility Index | US Stock Market
For the week ending last Friday, most bourse indices has hit significant weeks low and US stock indices were down for consecutive 5 trading days on the backdrop of weak US & China economic data. Further downgrades of Greece by S&P added further anxiety among investors. Dow Jones Industrial index has breached the 2 important Moving averages and it should…
Google’s foray into the online to derive better revenues and share capital returns | GOOG.NYSE Technical Analysis | US Stock Market
On 14th April 2011, the company has just reported $8.58 billion in gross revenue for the first quarter of 2011, which represents a 27% increase over the first quarter of last year, but lower than analysts’ expectations. The key product – Google Search is still strong with good retained user base while the new innovations – Google Android & Chrome…
Good forward valuation for Apple Inc. AAPL – Accumulate on weakness in stock prices | Technical Analysis | US Stock Market
On the previous 20th April 2011, Apple released their Q2 2011 financial results. They report that Q2 revenue was $24.67 billion with a net profit of $5.99 billion. In addition, Apple sold 3.67 million Macs (28% increase from last year Q2), 18.65 million iPhones, (113 increase), 9.02 million iPods (17% decline) and 4.69 iPads. Financial Analysis of Apple Stock…
Marine / Rig / Shipping stocks underperform against STI? | Stock Prices Technical Analysis | Singapore Stock Market
It is the last day of a dreaded month of May for 2011. Historically, this month is avoided by retail investors as it is a month of volatility and consolidation. Not aided by the undesirable impact of series of downgrades in various faltering European countries e.g. Spain and a slowdown in greater China market and Singapore latest GDP results do…
Weaknesses for Dow Jones Industrial Average and Nasdaq Composite indices, more to come? | Technical Analysis | US Stock Markets
Last night, the US markets are not spared from the full brutal sell-down triggered by the resurfacing of European debt issue and slowing China economy. Minutes into the opening bell, close to 130 pts was shaved off from the Dow Jones Industrial Average Index with main Dow Jones Components all affected. Dow Jones Industrial Average has been consolidating in a downward channel since early…
European crisis and China economy slowdown have increased risk aversion | STI, Cosco, Yangzijiang stock prices | US, Singapore Stock Markets
Once again, it was a ‘red’ Monday with all stock markets not spared from the brutal selldowns. Though traditionally, May period is known to most experienced investors as a month of ‘short’ or ‘sell’, this time round, the new anxiety and fear is a result of some key economic developments in UK and China. On Friday (20th May 2011), Fitch…
LinkedIn IPO – Good Valuation for Its Stock Price and company earnings? | Fundamental Analysis | US Stock Market
On last Thursday (19th May 2011), LinkedIn’s shares more than doubled in their first day of trading, setting the stage for debuts from other Internet companies such as Facebook Inc. and Groupon Inc.The outsize demand for the stock of an Internet company that is growing rapidly but had a profit of $15.4 million last year is the latest sign of…
Hewlett-Packard Co H-P (HPQ) – financial forecast driven weakness or a good buying opportunity? | Technical Analysis Stock Prices | US Stock Market
On Tues 17th May 2011, Hewlett-Packard Co. reported a small increase in Q1 profit after a leak of a memo from the company’s CEO warning management of “another tough quarter.” The results for the quarter ended April 30 came in slightly above Wall Street’s expectations despite weakness in the company’s PC business and a slowdown in services. The shares had…
Cameron International Corp (CAM) – Consolidation to end with modest upswing | Technical Analysis | US Stocks Market
Cameron International Corp (CAM) has last announced its quarterly results which saw its earnings decline vs last quarter. This announcement has sent its stock price on a downward trend since Mar 2011. There is some slight relief towards $47.5 during early May 2011 and the crucial breakout point will be at $50.4 to resume the test of next key resistance…