During the last trading day, Dow down 67.32 points, 0.62%, which made Dow a losing year for 2005. Whereares other major indexes actually posted again for the day. For STI, whole year gain is as much as 14%.
Nasdaq down 12,84 to 2,205.32 and S&P 500 down 6.13 to 1,248.29
Although year end sell down is common [...]
The Singapore stock market closed the last trading session of 2005 on a positive note, as last-minute bargain hunting lifted the STI 1.96 points to 2,347.34. A total of 609.5m shares worth S$616.5m were traded. Gainers outnumbered losers 263 to 212. There were 663 stocks which held steady. For the week, the STI gained 19.05 [...]
[Dow Jones] Chartered (C27.SG) down 1.5% at $1.29 on moderate 2.2 million shares, in line with its ADRs’ pullback on Nasdaq overnight to around $1.28. But downside likely limited, as near-term outlook for chipmaker remains upbeat, says trader. Besides boost from Microsoft’s Xbox 360 gaming console, “there’s a chance of Chartered getting a slice of [...]
My last decision is to unload all UTAC and focus on another 2 tech counters. Still want to get in, but when? Before or after fouth quarter report? Waiting for the correction in these few weeks, coz big players like to do strange things for this counter. For example, right after UTAC announced third quarter [...]
During the first month every the year, investors tend to do window shopping to rebuild their portfolios, stocks tend to go up. The effect is particularly noticeable for smaller company. However, nothing is definate, this might not be always true…….
Hope my dear Global Voice can break the 0.195 resistant next month.
Full article : http://biz.yahoo.com/ap/051227/wall_street.html?.v=20
The yield curve, the spread between the yields of short-term and long-term bonds, inverted for the first time in five years. That means short-term interest rates were higher than long-term interest rates. Investors have been watching the yield curve closely because, in the past, inverted yield curves have preceded recessions.
“We’ve never seen [...]
Source : http://business-times.asia1.com.sg
SEASONAL strength tracking ahead: We believe Chartered is benefiting from seasonal strength for Q405, with sales momentum driven mainly by the consumer segment, including its CPU business for Xbox, and in applications such as MP3 players, handsets and HDD.
In addition, Chartered has been shipping higher-ASP wafers from:
leading-edge technology like 90 nm; and
matured nodes [...]
Watching, watching and still watching…… It has been raising since mid November and till now it should be advanced more than 0.15 till a price level of around 0.67. It touched 0.70 and 0.69 recently and now resting at 0.67. I feel that if 0.70 is cleared, short term resistance may be around 0.85 (I [...]
Still holding quite a number of Biotreat, suppose to be a replacement of Hyflux for me, but it gives more supprise to me, fortunately my heart is not that week, I really don’t know what to do with this stock, should hold or just sell it for some profit.
Been with it after the correction to [...]
This baby hits USD 1.05 for 4 times since mid November, and I missed all chances to off load it for a quick 0.10 profit, coz thought resistance should be at 1.10. Result is going to come out around 4 Feb, hopefully there will be annoucement for divident. Gonna to hold it for awhile till [...]
Source : http://business-times.asia1.com.sg/btmarkets/candwlist/
Source : http://business-times.asia1.com.sg/btmarkets/candwlist/
