On Fri (4th May), the US Bureau of Labor Statistics showed that the U.S. economy created just 115,000 jobs in April as hiring slacked off for a second straight month. Job growth in the last two months has been cut almost in half compared to the winter months of December through February, suggesting businesses may have turned cautious again The…
Tag: Technical Analysis
Investment in Social Media stocks – Quick overview and comparisons | Trading Analysis | US Stocks
The staggering popularity and explosive growth of social media sites like Facebook and Twitter has been a nothing short of phenomenal. For social media space, investors need to ask themselves three key questions: • Is each company building a sustainable platform?• What kind of five-year growth are they capable of achieving?• And what will profits look like when they reach…
McDonald’s (MCD) has a change in top management – business profitability should be intact | Accumulation on weakness | US Stock Market
On 23rd March 2012, Jim Skinner was set to retire from McDonald’s (MCD) after 41 years with the fast food giant, the last seven and a half as CEO. Skinner will be handing off to Don Thompson, the chief operating officer and former head of McDonald’s USA, on June 30. Thompson moved from engineering to operations after just a few years at…
Nokia (NOK) stock has been laggard – the worst is over? | Technical Analysis | US Stocks Market
Nokia (NOK) has been the leading handset maker since 1998 but after reaching its global goal of 40 percent market share in 2008, the Finnish company has been struggling against rivals making cheaper handsets in Asia. That sent Nokia’s global share to below 30 percent last year. Nokia comprises three business groups: Mobile Solutions, Mobile Phones and Markets. The company is…
Dow Jones Industrial Average Index $INDU – consolidation phase | Take profit and await re-entry | US Stock Market
It is no doubt the US economy is heading towards the needed recovery as seen by the published macroeconomics data since the past 2 months. Just yesterday (13th Jan 2012), the US consumer-sentiment index reached 74 in the preliminary reading for January, compared with 69.9 in December. Jobs growth reached 200,000 in December, 4.7% higher than the prior year.Mortgage rates…
Singapore Bank Stocks – Underperformed vs STI | Accumulate on further weakness | Technical Analysis
With the recent anxiety over Greece & Italy’s increased risk of not meeting their debt obligations with observed increased yield rates of their long term government bonds, there is renewed weakness in most banking stocks throughout the region. As seen in Singapore, Financial sector is seen to be underperforming against the overall STI as much as 4-8%. This is not…
Worldwide stock markets rebound on good summit news. Bear relief or resume of last bull run? | Market Analysis
US stocks climbed and treasuries tumbled on last Thursday after the second EU summit in six days of talks ended in Brussels with European governments boosting their rescue fund to 1 trillion euros. Europe’s latest effort to contain the euro zone’s two-year-old debt crisis won applause from financial markets. It includes a commitment by banks and other private bondholders to accept…
Crocs stock price plunged on unexpected profit warning – opportunity or more bad news? | Technical Analysis | US Stocks Review
On Tues 18th Oct 11, Crocs (CROX) pre-announced earnings and warned about a possible 25% decrease in its earnings for the quarter. Though it provides an early evaluation of the company’s financial performance, the market reaction was still very drastic. In one night (after hours), Crocs lost 38% of its market cap overnight. I have always been a great fan…
USD strengthens against SGD, buy on current retracements | Technical Analysis | Currency Market
USD has started its retracement from its last high. This is on the backdrop of more concrete commitments by the Euro-zone leaders and improving US economic data.Aided by one week long improvement in all region bourses, the overall risk appetite has improved with some significant exits in safe-haven instruments such as Gold, USD and Yen. Specifically for USD Index, The…
Sheng Siong Group (SSG) – a dividend play during volatile periods | Stock Review | Singapore Stock Market
Sheng Siong Group (SSG) offers a good defensive play especially during volatile Singapore stock market conditions. It has strong fundamentals and healthy balance sheet. Key strengths/Prospects: 1) Supported by strong domestic demands & good marginsFresh produce contributes about 30% to its revenue, with strong gross profit margins ranging from 21% toas high as 30%.No matter its good or bad days,…