Page 1 of 5 12345 LastLast
Results 1 to 30 of 126

Thread: Stock market sentiment

  1. #1
    Join Date
    Feb 2011
    Posts
    8,926

    Default Stock market sentiment

    Dow futures up 100+, hope to end this week on a high note
    Buy.
    Ride at your own risk !!!

  2. #2
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    Why buy? Should unload some next Monday.
    Quote Originally Posted by phantom_opera
    Dow futures up 100+, hope to end this week on a high note
    Buy.

  3. #3
    Join Date
    Dec 2008
    Posts
    240

    Default

    By having breached 11,613 at the closing bell, the DJI has broken strong resistance and likely to have created a mid-term bottom. Next week, there should be concrete action plans unveiled at the EU Summit. This should be catalyst required for the next leg up. The market movers have set this up very well - making the technical and fundamental aspects converge going into the coming week.

    Stimulus measures which member nations of the EU will undertake individually shall result in more money being printed. Roubini is calling for an EU TARP to be formed. This is necessary to restore confidence, trigger the "greed" and "fear of missing the boat" in private investors to get the huge amount of money flowing out of the sidelines and into the system.

    Germany's stance over the last few months has softened and become more accommodating as the Germans realise the huge impact of the turmoil in the Eurozone on their own economy. Their support is essential to the measures (great for the numbers but morally toxic) which will be implemented over the next one year.

    Quote Originally Posted by DC33_2008
    Why buy? Should unload some next Monday.

  4. #4
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    Thanks. Mon will move up looking at what happen to DJ and Euros last night. Will off load some and wait for dip to buy back. China growth will still have impact on Singapore. Singapore just miss the technical recession. May go up and down just like the stock market.
    Quote Originally Posted by samsara
    By having breached 11,613 at the closing bell, the DJI has broken strong resistance and likely to have created a mid-term bottom. Next week, there should be concrete action plans unveiled at the EU Summit. This should be catalyst required for the next leg up. The market movers have set this up very well - making the technical and fundamental aspects converge going into the coming week.

    Stimulus measures which member nations of the EU will undertake individually shall result in more money being printed. Roubini is calling for an EU TARP to be formed. This is necessary to restore confidence, trigger the "greed" and "fear of missing the boat" in private investors to get the huge amount of money flowing out of the sidelines and into the system.

    Germany's stance over the last few months has softened and become more accommodating as the Germans realise the huge impact of the turmoil in the Eurozone on their own economy. Their support is essential to the measures (great for the numbers but morally toxic) which will be implemented over the next one year.

  5. #5
    Join Date
    Feb 2011
    Posts
    8,926

    Default

    hold, don't sell, momentum will bring Dow back to 12k by end of the month, dip will not come so soon, will add position if China-A goes beyond 2.5k next week

    Those who read candlestick should immediately know the underlying buying momentum, Dow has overcome both 50dMA and 11,550 with good volume

    Last edited by phantom_opera; 15-10-11 at 09:36.
    Ride at your own risk !!!

  6. #6
    Join Date
    Dec 2008
    Posts
    240

    Default

    Personally, I would call the next six to nine months the "Bull in a china shop" run.

    Quote Originally Posted by phantom_opera
    hold, don't sell, momentum will bring Dow back to 12k by end of the month, dip will not come so soon, will add position if China-A goes beyond 2.5k next week

    Those who read candlestick should immediately know the underlying buying momentum, Dow has overcome both 50dMA and 11,550 with good volume

    http://chart.finance.yahoo.com/z?s=%...n-US&region=US

  7. #7
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    That will be exciting. Will monitor and start collecting.
    Quote Originally Posted by samsara
    Personally, I would call the next six to nine months the "Bull in a china shop" run.

  8. #8
    Join Date
    Feb 2011
    Posts
    8,926

    Default

    China-A is testing 2,450 resistance today (30dMA) ... and then it will be 50dMA at 2,550 ... the outcome will signal the Chinese government policy direction

    Ride at your own risk !!!

  9. #9
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    Market is quite positive in Asia earlier and Europe now.

  10. #10
    Join Date
    Mar 2010
    Posts
    2,571

    Default

    Quote Originally Posted by DC33_2008
    Market is quite positive in Asia earlier and Europe now.
    Green so many days liao...panic buying for some stocks.., am also surprised...

  11. #11
    Join Date
    Feb 2011
    Posts
    8,926

    Default

    When ppl are excited, it is time to be wary
    Ride at your own risk !!!

  12. #12
    Join Date
    Apr 2010
    Posts
    1,739

    Default

    Brace for a pull back!!

  13. #13
    Join Date
    Mar 2010
    Posts
    2,571

    Default

    Quote Originally Posted by Komo
    Brace for a pull back!!
    About time, anticipating...

  14. #14
    Join Date
    Feb 2011
    Posts
    8,926

    Default

    my guess is down 30-80 pts only for Dow tonight
    Ride at your own risk !!!

  15. #15
    Join Date
    Mar 2010
    Posts
    2,571

    Default

    Quote Originally Posted by phantom_opera
    my guess is down 30-80 pts only for Dow tonight
    Dow down 150 pts liao, maybe close down by 3digits..,IBM due to release results later..., Citibank beat expectations but no impact on Dow..


    From CNBC:
    "Stocks extended their losses Monday, led by materials, after Germany's finance minister said there wouldn't be a definitive solution to the euro zone's debt crisis during the forthcoming summit"

  16. #16
    Join Date
    Jul 2009
    Posts
    7,482

    Default

    looks like a 200 pts night.

  17. #17
    Join Date
    Mar 2010
    Posts
    2,571

    Default

    Tomorrow more interesting as

    "TUESDAY: PPI, treasury international capital, housing market index, Bernanke speaks; Earnings from BofA, Coca-Cola, Goldman Sachs, J&J, Apple, Intel, CSX and Yahoo"

  18. #18
    Join Date
    Jul 2009
    Posts
    7,482

    Default

    Quote Originally Posted by land118
    Tomorrow more interesting as

    "TUESDAY: PPI, treasury international capital, housing market index, Bernanke speaks; Earnings from BofA, Coca-Cola, Goldman Sachs, J&J, Apple, Intel, CSX and Yahoo"
    the ones to focus on are the financials.

  19. #19
    Join Date
    Feb 2011
    Posts
    8,926

    Default

    A pullback to retest the 50dMA .... nowadays Dow is much more volatile than the China market lol
    Ride at your own risk !!!

  20. #20
    Join Date
    Feb 2011
    Posts
    8,926

    Default

    Quote from Paul Krugman:

    What caused the financial industry to grow much faster than the rest of the economy starting around 1980 was a series of deliberate policy choices, in particular a process of deregulation that continued right up to the eve of the 2008 crisis.

    => it took 28y (1980-2008) for this to play out, our very asset enhancement policy started in 1992 too
    Ride at your own risk !!!

  21. #21
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    Did not go down a lot? Thought can pick some stocks.

  22. #22
    Join Date
    Mar 2010
    Posts
    2,571

    Default

    Quote Originally Posted by DC33_2008
    Did not go down a lot? Thought can pick some stocks.
    Be patience..., up so many days, so may also go down as manay days...

  23. #23
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by land118
    Be patience..., up so many days, so may also go down as manay days...
    the point is whether can drop back to 2500pts or even below ?

  24. #24
    Join Date
    Jul 2009
    Posts
    7,482

    Default

    Quote Originally Posted by devilplate
    the point is whether can drop back to 2500pts or even below ?
    My guess is yes. Stock market s more and more like casino. It can cheong without offering any indication, so caveat emptor to all participants.

  25. #25
    Join Date
    Jul 2009
    Posts
    7,482

    Default

    Quote Originally Posted by devilplate
    the point is whether can drop back to 2500pts or even below ?
    Repeated post.

  26. #26
    Join Date
    Aug 2009
    Posts
    3,943

    Default

    yoyo
    good for range trade

  27. #27
    Join Date
    Feb 2011
    Posts
    8,926

    Default

    2 possibilities for Dow:

    1. Retest 50dMA and rebound off 50dMA and cheong
    2. Retest 10,500 to form a double bottom
    3. Crash below 10,500

    IMO, (1) is more likely, this time around Wall Street will still win, but next time I am not sure

    I kind of like the logo of 'Occupy Wall Street'

    Ride at your own risk !!!

  28. #28
    Join Date
    Feb 2011
    Posts
    8,926

    Default

    Dow futures just bounced off the 50dMA ... we are living in interesting world. British inflation reported to hit 5% in September even we have a stock market crash with BoE declaring 75b of money printing lol ... and China reported resilient property prices
    Ride at your own risk !!!

  29. #29
    Join Date
    Jul 2009
    Posts
    7,482

    Default

    Quote Originally Posted by Laguna
    yoyo
    good for range trade
    Just have to be careful not to get caught when it goes south into the new lower range.

  30. #30
    Join Date
    Mar 2010
    Posts
    2,571

    Default

    Quote Originally Posted by devilplate
    the point is whether can drop back to 2500pts or even below ?
    Current market not for faint hearted, STI possible to drop below 2500 pts, but I am not into index..., selective pickings..., sell into bear rally like last few days..., now waiting patiently...to nimble again..

Similar Threads

  1. Stock market is a better inflation indicator
    By phantom_opera in forum Coffeeshop Talk
    Replies: 0
    -: 08-07-13, 15:44
  2. anyone here trade china stock market?
    By roly8 in forum Coffeeshop Talk
    Replies: 3
    -: 06-12-12, 14:19
  3. 'No' to stock market, 'yes' to real estate
    By mr funny in forum HDB, EC, commercial and industrial property discussion
    Replies: 0
    -: 25-10-09, 17:07
  4. Indian stock market up a CRAZY 15%
    By jitkiat in forum Singapore Private Condominium Property Discussion and News
    Replies: 2
    -: 20-05-09, 23:54
  5. Stock market rose on Monday
    By buy in forum HDB, EC, commercial and industrial property discussion
    Replies: 0
    -: 22-09-08, 13:29

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •