Still confident up up when asian markets look down. Latest info in Yahoo Finance. Can buy?.
By Wayne Cole
SYDNEY (Reuters) - Asian share markets came under renewed pressure on Wednesday as investors worried that minutes of the Federal Reserve's July policy meeting would only add to suspicions it will start scaling back stimulus from September.
Reports that Japan's government would raise the severity of the latest leak at Fukushima to a level 3 event, or a serious radiation incident, sent shivers through stocks and knocked the Nikkei (NIK:^9452) down 0.8 percent.
The news drowned out strong words from Bank of Japan Governor Haruhiko Kuroda that he would not hesitate to expand the bank's already massive asset buying campaign if the economic outlook darkened.
The selling rippled across the region, nudging MSCI's index of Asia-Pacific shares outside Japan <.miapj0000pus> down 0.5 percent to a five-week trough. Korean shares shed 1 percent (.KS11) while the Shanghai market lost 0.4 percent (.SSEC).
The market is very volatile right now. U have to look on the region market. A low GDP quarter, FED QE tapering as early as september couple with weak ringgit and recession in neighbour contries. It would take awhile to recover.
Only a few days and it will be up again. Red then green then red then green. Timing when to catch the boat and when to get out kan.... ayei need to pump duit to hold nampaknya....
Ya project tetap jalan, income tetap dapat. Lagi pun saja orang Wall street buat peluang utk market down. Minute FED tak banyak cerita baru:
The minutes of the Fed's July 30-31 meeting, released on Wednesday, showed that almost all of the 12 members of the policy-making Federal Open Market Committee agreed changing the stimulus was not yet appropriate.
0bucks, honestly, yes i bought n i think more downside due to bad sentiment, whatever it is, don't follow me and others, your money so you decide, need extra careful now unless it will become another benalec.
Stalker got a point, its your money and general external factors still favour downtrend across the board. Good time to reflect and do some homework for next "pull up".
sold off other stocks..only keeping scable & tambun..waiting for Daya to go further down to pick up..huh huh hu.. better concentrate on other side income for now till I see green again.. what about you guys? Anyone keeping all stocks intact- I figured, it might take awhile for some stocks to go back up again..so might as well sell off and put funds elsewhere..any other opinion? Thank you in advance
I write for side income, Citrine..also in the midst of setting up an online thingy :) but I love watching stocks ...hope things pick up after announcement is made next month..
With Europe & Dow all green, 2morow see new dawn. QE easing unlikely to occur in Sept. since jobless is still high. :
Initial claims for state unemployment benefits climbed 13,000 to 336,000, just above the level expected by economists in a Reuters poll, Labor Department data showed on Thursday. Happy trading.
Ayai....i expect go party when oversea indexes up, tapi reading Cherry comment, feel scare also since i hold no of lots...Can hole cause global can ease awhile maaa.. Morning Market Update: Bullish Into New Week
Author: marketpulse | Publish date: Mon, 26 Aug 09:54 | >> Read article in Blog website
Global stocks advanced on Friday, driven by news on economic growth in Europe amid speculation that the Fed will defer its tapering plans.
European stocks strengthened for a second session, trimming the biggest weekly decline in two months, as euro-area consumer confidence and U.K. economic growth exceeded forecasts.
The Stoxx 600 Index climbed 0.4% to 304.7 at the close of trading in London.
The FTSE 100 added 45 points (+0.7%) to settle at 6492 while the German DAX put on 19 points (+0.2%) to close trading at 8417.
These changes were driven by news that, euro-area consumer sentiment rose to the highest level in two years in August according to the European Commission. The index of household confidence increased to minus 15.6 from minus 17.4 in July.
In line with this, U.K. gross domestic product increased 0.7% in the second quarter from the previous period, when it rose 0.3%, the Office for National Statistics said in London.
Across the Atlantic, U.S. stocks rose, with the S&P 500 posting its first two-session rally in three weeks, as investors watched Federal Reserve officials for signals on stimulus cuts after data showed that home sales plunged.
The S&P 500 climbed by seven points (+0.4%) to sit at 1664 while the blue-chip Dow rose 47 points (+0.3%) to close Friday's trading session at 15011.
Data from the Commerce Department showed that purchases of new U.S. homes plunged in July by the most in more than three years and previous months were revised down, a sign that growth in the industry may be taking a pause as mortgage rates rise.
In the commodity markets, gold jumped to a 11-week high, topping $1,400 an ounce in spot trading, as sales of new U.S. homes fell more than forecast, boosting speculation that the Federal Reserve will maintain economic stimulus.
On the Comex in New York, bullion futures for December delivery reached $1,399.90 before settling at $1,395.80, up 1.8%.
Din expect d big fish to do it again But they r doing it again...... Last time they pushed down d price from 2.2+ to 1.7+ b4 d RI to collect....... Now they r pushing down d price b4 BI to collect again They buy... I wil buy too...
Agreed that such push play does exist. Regarding the rights issue, its normally drop down right after the listing date of the new shares but in Scable case its did on the 31 July but after that on the upward trend after that shows the company has very good `hiden gem". That's how i see it.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
terckc001
4 posts
Posted by terckc001 > 2013-08-21 10:34 | Report Abuse
very soon. time to get more o....