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STI to cross 3000 boosted by long-term investors
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monk999
Master |
16-Nov-2012 11:01
Yells: "TA is an art!" |
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many will try to ride the submarine now..but it can accomodate only so much. lol
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lifeline03
Member |
16-Nov-2012 10:57
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whats sinking?! sti and dji?
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SGG_SGG
Master |
16-Nov-2012 10:53
Yells: "karma karma karma chameleon" |
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not ship, submarine.
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monk999
Master |
16-Nov-2012 10:43
Yells: "TA is an art!" |
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the ship sank already. lol
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yipyip
Master |
16-Nov-2012 09:57
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BRUSSELS, Nov 15 (Reuters) - The eurozone fell into a recession in July-September, the second since the global financial crisis in 2009... more down side (BT)
http://www.businesstimes.com.sg/breaking-news/world/eurozone-slips-second-recession-2009-20121115 |
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krisluke
Supreme |
16-Nov-2012 09:44
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Singapore economy Economy: Singapore's 3Q12 GDP shrank more than previously estimated, down 5.9% qoq in seasonally adjusted, annualized terms, versus an earlier estimate of a 1.5% contraction, as the electronics sector sustained more damage from the faltering global economy. Yoy, the economy eked out only a 0.3% expansion in the quarter, compared with an earlier estimate of a 1.3% expansion. This has led the govt to cut its full-year growth estimate for 2012 to 1.5%, from an earlier estimate of a range from 1.5% to 2.5%. The govt expects Singapore's economic growth to remain subdued for the rest of 2012 the electronics manufacturing cluster would continue to be weighed down by tepid external demand growth may be slightly lower than forecast, if the weakness in the externally-oriented sectors persists into 4Q12. Adds, 2013 growth will come in lower than expected if risks of U.S. fiscal situation, escalation of euro-zone debt crisis materialize. Forecasts 2013 GDP growth of 1%-3% as global economic outlook is clouded with uncertainties. Output in the manufacturing sector fell 0.8% yoy, compared with the previously estimated 0.7% rise. Construction grew 7.7%, versus an earlier estimated 8.6% rise. Separately, Spore’s exports bounced back in Oct driven by a rise in non-electronic exports including ship structures and electrical circuits. Exports of goods made in Singapore other than oil rose 7.9% yoy in Oct, after falling a revised 3.6% in Sep. Consensus estimates were for a 3.6% rise. Mom, exports fell 1.2% in seasonally adjusted terms, after expanding 1.3% on month in Sep. This compares with the median estimate of 0.9% contraction in Oct. Shipments to the EU, the biggest export destination, rose 8.9% yoy, compared with a 15.7% yoy fall in the previous month. Exports to the U.S. surged 48.0% on year after falling 7.2% in Sep. Exports to China grew 6.7% after the previous month's 1.5% increase. Electronics exports declined 0.8% on year, after falling 16.6% in Sep, while non-electronics shipments grew 12.7%, compared with a 3.9% rise last month. In the non-electronics sector, pharmaceutical exports rose 2.7%, after falling 3.0% in the previous month. |
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yipyip
Master |
16-Nov-2012 09:32
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Sti fall below ema 50days and 100days
http://sg.finance.yahoo.com/q/ta?s=%5ESTI&t=2y&l=on&z=l&q=l&p=e20%2Ce50%2Ce100%2Ce10&a=m26-12-9&c= |
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krisluke
Supreme |
16-Nov-2012 09:13
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16 Nov 2012 08:46DJ MARKET TALK: Singapore's STI May Stall 2930-2970 Likely 0046 GMT [Dow Jones] Singapore's STI may stall after recent declines, amid mild declines on Wall Street and generally flat performances from most regional markets already trading. But concerns over Mideast tensions after a rocket fired from the Gaza Strip landed near Tel Aviv may weigh sentiment, along with continued U.S. " fiscal cliff" and eurozone concerns. " It probably will still be weak. There's no major news and results season is kind of over," says Jonathan Ng, deputy head of research at CIMB. " Friday is a bit quiet, especially for traders." He notes CIMB has rolled over to its 2013 target for the STI at 3316. The STI ended Thursday down 1.1%, or 32.11 points, at 2945.92 it is down 2.1% week-to-date. 2930 likely remains support, while 2970 may cap any gains. The F& N (F99.SG) takeover saga is back in the spotlight, with OUE (LJ3.SG) making a S$9.08/share bid for the Singapore conglomerate, trumping a S$8.88/share offer from Thai group TCC Assets. F& N ended Thursday down 0.9% at S$9.13. 16 Nov 2012 08:30 *DJ Singapore Oct Non-Oil Exports +7.9% On Year +3.6% Expected 16 Nov 2012 08:09 *DJ Petra Foods Downgraded To Take Profit By SIAS Research 16 Nov 2012 08:06 *DJ Thai Beverage Target Raised To S$0.49 From S$0.38 By Standard Chartered
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SGG_SGG
Master |
16-Nov-2012 08:45
Yells: "karma karma karma chameleon" |
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think there is talk of unlimited easing. and as usual the markets love sweet talk even if there is no action.
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lifeline03
Member |
16-Nov-2012 08:39
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anyreason why nikkei is flying again? |
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chartreader
Senior |
16-Nov-2012 07:52
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bro, market is always able to surprise ... there will be time to buy for long, but just not yet for the time being in my opinion. let the market run it's course, there will be plenty opportunity to buy if market turn up one day. no need to hurry and as I always say, it doesn't pay to play cute when elephants rush for exit.
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halleluyah
Elite |
16-Nov-2012 07:46
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Yes bro u r right. things still unsolve. i think next yr won't b tt gd also, expecting next quarter earnings down further.
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lifeline03
Member |
16-Nov-2012 07:37
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high chance according to bradley turndates. but it seems quite strong at the 12500 region. broke through and recover back, maybe going up for a bit before going down again i guess.
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chartreader
Senior |
16-Nov-2012 07:09
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Rebound doesn't necessary mean the return if the bull, could be just another beautiful entry for another round of short | ||||
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lifeline03
Member |
16-Nov-2012 06:57
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yup think so too
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gavinl
Elite |
16-Nov-2012 05:29
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Rebounding soon i think. Lol | ||||
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tiancai007
Master |
16-Nov-2012 00:49
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Coming close... 12500 now.
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lifeline03
Member |
16-Nov-2012 00:43
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haha thanks for th reminder! seems like shorts will have to be closed soon.
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xing78
Elite |
16-Nov-2012 00:36
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DOW 15,000 huat ah.... Look at the financials so strong tonight... DOW will follow for a big big bounce by Friday. Lol |
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Isolator
Supreme |
16-Nov-2012 00:33
Yells: "STI is hard landing to below 2000..." |
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Remember 12400 is a guide only... It is usually plus minus... Around there... It doesn't mean it will go lower when it break lower.. Lol
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