Prepare to buy! What stocks....

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13 years 4 months ago #6462 by yeng
adding to my tikam list: Techcomp at 40 cents.
reason: some major accumulation was going on at 44 cents. Buyer has rested. But buyer could return and offer 44 or more again.

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13 years 4 months ago #6570 by yeng
I need another market crisis ....otherwise have to pay up current mkt prices.
[hr]
[yeh 19-06-2011]:

It's coming...a turn in the market when the Greek debt crisis takes a turn for the better.

(As an aside, imagine Greece in its glorious days centuries ago -- no one then could have imagined the sad state the country is in today --- a lesson for Singapore --- don't assume our prosperity can last forever)
Prepare for the bull: What stocks to buy at what price? Let's contribute & share...
My tikam list:

1. World Precision at 50 cents. (now 54.5 cents).

2. Valuetronics at 25 cents (now 28 cents).

3. Koon Holdings at 23 cents (now 27 cents).

4. Lian Beng at 30 cents (now 35 cents).

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13 years 4 months ago #6579 by Dongdaemun
Replied by Dongdaemun on topic Dow - 63 points
Dow -63 points on slow job growth report.


Bloomberg:

“The report is exceedingly disappointing,” said Mark Luschini, chief investment strategist at Philadelphia-based Janney Montgomery Scott LLC, which manages $54 billion. “It fell short of just about everyone’s expectations and it certainly has to disappoint equity investors. It wasn’t just a miss, it was a complete whiff.”
The data revived speculation that the Federal Reserve will plan more stimulus efforts to bolster growth after its second round of so-called quantitative easing, known as QE2 among investors, ended in June.
“This raises the prospect of QE3 in the U.S. by November and perhaps even earlier than that in the U.K.,” said David Blanchflower , an economics professor at Dartmouth College , in a Bloomberg TV interview. “That’s what we’re going to see. How else are you going to stimulate?”

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13 years 4 months ago #6596 by pine
Replied by pine on topic Dow -151 points
The European debt crisis appears to be widening, with concerns about government debt defaults spreading beyond Greece to much larger countries like Italy and Spain. If that happens companies that do business internationally could see their revenue and profits decline as European countries and companies curtail purchases. What's more, a widespread financial crisis could cause a credit crunch in Europe and elsewhere.
The concerns sent stocks down. After a rally that sent markets up sharply the last two weeks of June, the Standard & Poor's 500 index dropped 24.31 points, or 1.8 percent, to 1,319.49 on Monday. Index   Last Change DJIA 12505.76 -151.44
-1.20% NASDAQ 2802.62 -57.19
-2.00% S&P 500 1319.49 -24.31
-1.81% Quotes delayed 15+ min.
The Dow Jones industrial average had its biggest percentage drop in nearly a month. It fell 151.44 points, or 1.2 percent, to 12,505.76. And after closing one point off its 2011 high late last week, the Nasdaq composite fell 57.19, or 2.0 percent to 2,802.62.

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13 years 4 months ago #6604 by pine
Dow down 59 points. Not too bad..... But will SG/Asian markets prove to be resilient in the face of the negative news fr Europe?

A late rally in U.S. stocks faded, dragging the Standard & Poor’s 500 Index to a third straight loss, after Ireland’s downgrade to junk added to concern Europe is losing control of the credit crisis and overshadowed evidence the Federal Reserve hasn’t ruled out more stimulus.

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13 years 4 months ago #6612 by Mel
Replied by Mel on topic Dow +45 points ....on QE3 talk.
Comments from Fed Chairman Ben Bernanke set off a stock market rally early Wednesday, but it wasn't long before another Fed official cut it short.
In testimony before Congress, Bernanke said the central bank would be open to new economic stimulus measures, but only if the economy gets much worse. The remarks were far from a promise for more Fed action, but markets reacted immediately nonetheless. The Dow Jones industrial average jumped as many as 164 points, or 1.3 percent.
  Index   Last Change DJIA 12491.61 +44.73
+0.36% NASDAQ 2796.92 +15.01
+0.54% S&P 500 1317.72 +4.08
+0.31% Quotes delayed 15+ min.  
Most of those gains evaporated later in the day after Federal Reserve Bank of Dallas President Richard Fisher said in a speech that the Fed had already "pressed the limits of monetary policy."

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