Don't believe in every piece of news you read. It have been well said that if you dont read you are not inform, but if you read, you are misinform. Most likely, you ended up are misinform.
You know got one analyst. His stock pick are mostly not liquid, but are fundamentally strong. He call ppl to buy and wait for mkt to come and realise the value of the stock.
So in the menatime what shall we do, we waited a long time, and ppl does not seen to be interested. Should we go play golf with him, while we wait.
I am talking about Kevin Scully.
And so is this Ernest Lim recently article. Will he pay you for the miss in thsi rally? If you sell.
You must have liquidity in stock, never buy thing when you wwant to sell , you do not have buyer. What so good about fundamental if ppl is not interested.
Look, even Orchard road so hot place, but some shopping mall are ghost town, doesnt means orchard road are all good. You all read abt them ,right?
If analyst so smart, they shd be buyind stock and not calling.
Another famous analyst,the so call credit agencies,(S&P
If you are a bond invester in these PIGS, you expect them to downgrade PIGS long before they said they are unable to pay. So now they tell you that Greece is downgrade got no money to pay. What type of analysis is that??? Wait till it happen then tell people, I also can be an analyst. It is too late for any remedy action for invester, now they got to take big losses.
Forget abt analyst, just read their story which are all second haneded news and outdated data for the fun of it. Don't believe them. I believe they dont even believe what they wrote, or do they follow?
You say we should not blame analyst, because nobody can see the futre. You are right. But since we cannot tell the future we shouldn't be telling ppl what you think they should do.
What if ppl follow and lose money, will analyst pay you? But never mind, they always got disclaimer to protect their backside.
But i believe long before thing come to pass, there will be alot of signal, like miss payment for example, these credit agencies should have investigate thoroughly, things cannot just happen all of a sudden overnight.
Look at ECRI, they forcast recession accurately well in advance by analysing economic date , so call leading indicators, they were talking abt global slowdown long before it come, sometimes back in June...long befor it happen. Look , here it truthly a real analyst.
And now they calling a recession for US with all good data coming out, I got doubt also, but that does not stop us from taking advantage of the current rally, so long we protect our vestment with stop loss.
I want to see whether 6 mths rom now whether their recession call materialise. I believe it will.
So be alert, if recession come , your stock got more to come down,
Why is there a rally? US, Asia, even Europe are in positive territory.
1. Markets are immune to the euro crisis. The fear has subsided. Fear over a big fire erupting if Greece and other weak Euro nations defaulted on their debt. There are some concrete moves already to backstop the crisis, even tho the fire is burning in Greece.
2. Economies are showing resilience.
3. In Singapore, tonnes of investible money is / will be diverted to stocks from the property market as prices have peaked and will decline.
Bloomberg: Strategists at the biggest banks are capitulating on their bearish forecasts after the best start to a year for global stocks since 1994 and gains of more than 7 percent in emerging-market currencies.
Just two weeks after saying that investors should “remain cautious,” Larry Hatheway, the chief economist at UBS AG (UBSN), raised his recommendations on global shares and high-yield bonds in a Jan. 23 note to customers entitled, “Wrong, but not too late.”
Royal Bank of Scotland Group Plc (RBS)
, and
Benoit Anne
, the global head of emerging-markets strategy at Societe Generale (GLE) SA, said their estimates for developing nations were proven wrong.
The MSCI All-Country World Index (MXWD) climbed 5.7 percent in January, surprising strategists at Bank of America Corp. (BAC), Goldman Sachs Group Inc. (GS) and Barclays Plc (BARC) who had forecast first-half losses because of Europe’s debt crisis.
JPMorgan Chase & Co. (JPM)
and
Citigroup Inc. (C)
, which predicted the rally in stocks, say it will continue as the U.S. housing market rebounds and China eases lending restrictions to bolster economic growth.
“In hindsight, everybody was so beared up at the end of last year,” Mary Ann Bartels, the New York-based head of technical and market analysis at Bank of America, who predicted on Dec. 27 that the Standard & Poor’s 500 Index would probably fall about 15 percent in the first half before recovering, said in a Jan. 31 phone interview. “There was nowhere for the market to go but up.”
“We believe that markets are gradually discounting a lower probability of tail risk in Europe after the introduction of the Long-Term Refinancing Operations (LTRO) in Dec 11.
“This is reflected in falling market risk premium as well as lower bond yields for Italy and Spain. However, Portugal remains under stress with its 10-year government bond yield at more than 15%.
“Nevertheless, we think that the potential near resolution of Greece’s debts with the private sector could provide impetus for a decline in risk premium. In the longer term, we feel that markets will need to consider and price in the lower growth outlook as a result of the austerity drive in developed countries.”
NextInsight
a hub for serious investors
