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…
Tag: Stock Market
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…
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…
How to Take Profits, Cut Losses and Benefit from Price Declines | Dr. Alexander Elder | New Books Review
I have been following and reading most of Dr. Alexander Elder’s books e.g. ‘Come to my Trading Room’. In this latest 2011 release – ‘How to Take Profits, Cut Losses and Benefit from Price Declines’ which is an expanded second edition with more illustrations on calculated risk entires and tight stop losses. Unlike other authors, he is straight to the…
Straits Times Index STI – Crucial period, Watch for breakouts | Stock Prices & Market | Singapore
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…
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…
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…
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…