 x 0
 x 0
|
i see small lots gettin thrown at the 1.09 Q..
looks like retailers are panic-ing..
TA wise indicators are crossing over.. today broke 1.09 immediate high..
still got some upside to go..
|
|
Good Post
Bad Post
|
x 0
x 0
|
STI broke todays low 2785..opps..
|
|
Good Post
Bad Post
|
x 0
x 0
|
S'pore Jan exports fall
SINGAPORE'S exports fell a seasonally adjusted 8.9 per cent in January from December's revised 4.2 per cent increase.
Compared to a year ago, non-oil domestic exports rose by 21 per cent, which was lower than the 26 per cent rise in December 2008, according to figures released by trade promotion agency IE Singapore on Wednesday.
Electronics shipments climbed by 23 per cent in January from a year earlier to S$4.7 billion, after a 25.2 per cent gain the previous month, largely due to higher electronic domestic exports.
IE Singapore said exports to all the top 10 Nodx markets, except the European Union, rose, especially to China, Hong Kong and Taiwan, which went up by 76 per cent, 97 per cent and 104 per cent respectively.
Total trade expanded by 33 per cent in January from a year ago, after the 20 per cent rise in December 2008. But from a month ago, total trade grew by 3.5 per cent after a 2.4 per cent gain in the previous month.
Trade Minister Lim Hng Kiang said last month he does not expect a return to recessionary conditions in 2010 even as exports may grow at a 'sluggish pace.' Overseas shipments fell about 11 per cent in 2009, the worst performance in eight years.
|
|
Good Post
Bad Post
|
x 0
x 0
|
STI to break 2,800 today?
|
|
Good Post
Bad Post
|
x 0
x 0
|
ok 1.11.. breaking soon..
|
|
Good Post
Bad Post
|
x 0
x 0
|
up 10% today..
good vol..
something brewing..
vested
|
|
Good Post
Bad Post
|
x 0
x 0
|
markets may fall due to this news
S'pore Jan exports unexpectedly fall 8.9% on month from BT
|
|
Good Post
Bad Post
|
x 0
x 0
|
markets will be very volatile now..
maybe up one day and down the next..
u have to be cautious if u wanna play contra
best is to buy when there's a big correction and sell when there's a rebound..
not buy when there's a rebound and sell when there's a correction..
|
|
Good Post
Bad Post
|
x 0
x 0
|
i'm still holding on to my swiber.. if it doesn't break 1.11 today..then prob will let go..
|
|
Good Post
Bad Post
|
x 0
x 0
|
US agenda for war is usually for oil..
Iraq,Afghanistan, next will be Iran..
commodities will all gain in the long run..
the stock markets are rigged..
|
|
Good Post
Bad Post
|
x 0
x 0
|
big stumbling block @ $1.11
|
|
Good Post
Bad Post
|
x 0
x 0
|
commodity counters leading the charge..
GAR best performer..
Noble olam wilmar straitsasia all moving up..
|
|
Good Post
Bad Post
|
x 0
x 0
|
looking good
|
|
Good Post
Bad Post
|
x 0
x 0
|
Bubble..
|
|
Good Post
Bad Post
|
x 0
x 0
|
Soros doubled gold ETF investment
BOSTON - Billionaire investor George Soros'hedge fund more than doubled its bet on the price of gold during the fourth quarter, a portion of the firm's total US-listed equity holdings of US$8.8 billion at the end of 2009.
The New York-based firm also disclosed in a filing on Tuesday with the US Securities and Exchange Commission that it bought almost 95 million shares of Citigroup during the quarter, worth US$313 million by the end of the year. Mr Soros reported no holdings of the troubled bank's shares at the end of the third quarter.
Soros Fund Management owned 6.2 million shares of SPDR Gold Trust - an exchange-traded fund that owns gold bullion - at the end of the year worth US$663 million. That was up from 2.5 million shares at the end of the third quarter.
Mr Soros and other noted investors like John Paulson have previously touted gold as a hedge against inflation, further economic turmoil or a decline in the value of the US dollar.
Last month at the World Economic Forum in Davos, Mr Soros said 'the ultimate asset bubble is gold,' but he declined to say whether he was investing in the precious metal.
The filing for the end of the fourth quarter revealed no listing for Canadian chemicals manufacturer Potash Corp of Saskatchewan, Mr Soros' largest holding at the end of the third quarter.
That could indicate that the almost 3 million share investment was sold during the fourth quarter. But large investors occasionally leave off major holdings when they are trading the position and disclose their investment in a confidential filing with the SEC or in a subsequent amendment to their public report.
The firm does not comment on its holdings, a spokesman said.
Mr Soros' most recent SEC filing also revealed large bets on seed producer Monsanto and Brazilian gas and oil giant Petroleo Brasileiro SA, also known as Petrobras.
The firm held 3.9 million shares of Monsanto at the end of the fourth quarter, up from 1.1 million three months earlier.
Mr Soros also reported a stake of 7.7 million shares of Petrobras's U.S. ADRs, worth US$369 million, and a slight increase from the 7.4 million receipts held at the end of the third quarter. Soros had another 5.9 million shares of nonvoting ADRs worth US$249 million, virtually unchanged from his holding three months earlier.
Mr Soros also reported raising his holdings in oil company Hess Corp and telecommunications company AT&T Inc among others.
According to the regulatory filing, Soros Fund Management raised its holding in carmaker Ford Motor Co to 10.9 million shares from 7.3 million shares at the end of the third quarter, when Mr Soros started to accumulate his position.
Mr Soros also raised his holdings of AT&T for the second straight quarter to 4.7 million shares at the end of the fourth quarter from 4.2 million shares at the end of the third quarter.
Large investors such as Mr Soros are required to report holdings of US-listed equities at the end of each quarter, but not short positions or holdings of other securities like bonds and over-the-counter derivatives contracts. Investors are also allowed to file some holdings on confidential reports if they are trading into or out of a position at the end of a quarter. -- REUTERS
|
|
Good Post
Bad Post
|
x 0
x 0
|
i laugh everytime i see all this get rich quick schemes..cos it only benefits the one who created it..
have u watched kung fu panda?
The secret is... there is not secret :)
|
|
Good Post
Bad Post
|
x 0
x 0
|
SIA big down bar (3%) on pretty large vol.. to close @ $14.34
TA wise over bought, may want to short to capitalize on this oversold position
Will attempt to buy on weakness... should come down to $13.8 support..
|
|
Good Post
Bad Post
|
x 0
x 0
|
if dip just buy.. singtel super defensive..
i think it's a good move.. cos world cup 2010 is in S. Africa!!
only time will tell
|
|
Good Post
Bad Post
|
x 0
x 0
|
Gold price will surge to $5,000 in two years
Gold Prices will climb to $5,000 within two years due to US dollar weakness and significant buying by players in the hedge fund industry looking to preserve the value of their funds.
That is the opinion of New Zealand market trading expert Welles Wilder, who has previously been highlighted by publications such as Forbes and Barron’s for his skill in the markets, stuff.co.nz reports.
His belief was revealed by another local trader Oli Hille, who trades in New Zealand’s currency markets, and is currently writing a book, which is to be titled Creating the Perfect Lifestyle.
Mr Hille told the news provider: “He implies his call is based on the US dollar becoming weaker and weaker and basically falling out of bed.”
The trader learnt of Mr Wilder’s opinion on Gold Prices while interviewing him for the book, which also includes an interview with New Zealand’s prime minister John Key.
It appears there is a lot of bullish sentiment on Buying Gold outside of the US, with British miner Scotgold Resources’ chief executive Chris Sangster telling the Daily Record: “We see the Gold Price staying high in the long term.”
|
|
Good Post
Bad Post
|
x 0
x 0
|
Stumbled onto some good statistical trading data over at Trader's Narrative while doing a search on Gold sentiment info. I sensed a serious lack of bullishness in the Gold sector and wanted some data to confirm it. Data from the piece over at Trader's Narrative (aptly titled "Gold Sentiment: Dumb Money Rushes Out") confirm my hunch. The chart in their piece speaks strongly for a bottom and the following quote has me very excited:
"According to Elliott Wave, the 10 day moving average of the Daily Sentiment Index has fallen to just 20.1%... the DSI [Daily Sentiment Index 10 day moving average] has fallen below its levels last seen in November 2008." This is INSANELY BULLISH. As a disclaimer, I haven't seen this Elliott Wave data myself (typical third-hand internet reporting...). Sentiment is more bearish in the Gold patch now than at the bottom of the Great Panic of 2008?! The infamous hedge fund manager Paulson can't raise enough global money to match the $250 million of his own money he's putting up? Small speculators (i.e. "dumb money") are more bullish on the U.S. Dollar than at any time in the last decade?! And here's a 2 year daily Bullish Percentage chart on the $GDM (i.e. the index behind the GDX Gold mining ETF) thru Friday's close:  Lastly, courtesy of The Daily Gold, here's the put-to-call ratio chart for the GDX ETF:  Everything is in place for a good rally in the Gold patch. We'll see what happens...
|
|
Good Post
Bad Post
|
