Shares fell heavily on Wall Street on Monday after a leading ratings agency fanned fears of Europe’s debt crisis spreading across the Atlantic by issuing a strong warning about America’s failure to tackle its budget deficit. S&P said that compared with the small number of developed countries with a coveted AAA rating, the US had “very large budget deficits” which…
Category: Investment Tips & Guides
SGD/USD, with SGD strengthening after MAS monetary policy announcement | Currency Prices | Singapore
The Central Bank of Singapore announced Thursday this week (14/4/2011) that it had tightened its monetary policy further, re-centering to a higher level the mid-point of the band it uses to guide the trade-weighted Singapore dollar exchange rate. The Monetary Authority of Singapore (MAS) said it will “re-center the exchange rate policy band upwards. The exchange rate policy band will…
Genting.SP has more price consolidations ahead | Stocks Review | Singapore Stocks Market
Ever since the Genting stock price touched its historical high of S$2.34, it has then undergone a series of downward consolidation within $0.200 price channel. The recovery from the 3 months low from S$1.85 provided some hope to breakout of the consolidation channel but the divergences in both its daily volume and MACD were signs of disappointment. Watch out if…
Soup Restaurant – Good food and good discounts | Food Review | Singapore
Home cuisine is readily available in every corner of Singapore – from kopitiams to five stars hotel. But there are several good and affordable ones situated in family friendly malls & shopping centres. Been into Crystal Jade, Imperial Treasure restaurants, I would think Soup Restaurant’s food quality is comparable, though its variety is quite limited. The highly recommended ones are:…
Crude Oil – Will the rise sustain? | Commodities Prices Review | Nymex / Nybot
Ever since the Crude Oil prices breakout from the $93 resistance, prices has seen a good surge towards $107-$108 region. Strong support at $106. Some caution here when the Crude Oil RSI is hovering around overbought levels. More importantly, there are various bearish divergence signals at RSI & MACD. Current rise may not be sustainable in short term. The next…
Singapore Stock Exchange SGX – Start accumulation | Stocks Review | Singapore Stock Market
It was quite an eventful day for SGX between conversations of SGX CEO and Australia’s foreign investment regulator. This will shed some light in the long awaited outcome of the merger deal between SGX & ASX. Earlier this afternoon (5 April 2011, 1300hrs), Singapore Exchange Ltd. (S68.SG) Tuesday said it received notification from Australia’s foreign investment regulator that the Australian…
Bargain hunting in Singapore Stocks | Investment Tips | Singapore Stock Market
As predicted, STI comes close to the 3150 resistance with a day turnover volume of 1.35 bil, slight short of the 1.6 bil required to signify significant funds injections. At current rate of growth for the past consecutive days, most of the STI components would have reversed on the short term. Will there be any under-performed stocks worth considering? I…
Straits Times Index STI, seeking for a new haven | Stock Market Review | Singapore
Singapore bourse has strongly rebounded from the recent double bottom near Bollinger band 2920 and went past crucial 3000 level recently. This is past 2 moving averages and STI is poised to resume bullish trend. Next important resistance will be at 3150. Volume has been good but not among the highest and this serve to show some investors are still…
Weakness ahead for Residential (HDB, Landed, Condo, Private) Units Prices | Property Review | Singapore
Will the residential property prices cool further in coming quarters? Some of the key characteristics are common the past period (1998) and upcoming year (2011-2012): – Rising supply and increased proportion of private units composition– Increase unsold new launches– When URA Private Residential Price Index is at high There are other cooling measures which are only present in current period,…
Investing during crisis – Did you make your entry during the Japan Earthquake market panic? | Market Review | World
Over various decades, no matter how experienced and rationale a person can be, he is still very much governed by emotions and impulse. In the very recent Japan Earthquake 2011, stock markets round the world saw significant corrections. Prices were at few months or years low at intraday especially during the first few days when the bad economic news were…